Document:

exhibit_10-4.htm

    Exhibit
      10.4

    
 

    EXECUTIVE
      VICE PRESIDENT

    EMPLOYMENT
      AGREEMENT

    

    

    

    AGREEMENT
      made as of this 30__th day of
      January,
      2007, by and between Accountabilities, Inc. (referred to herein
      as “Employer” or “Company”) with a principal place of business at 500 Craig
      Road, Suite 201, Manalapan, New Jersey 07726 and Mark S. Levine
(herein “Employee”) residing at 1507 Victoria Isle Way, Weston, Florida
      33327.

    

    NOW,
      THEREFORE, in consideration of the foregoing, and intending to be
      legally bound, the parties mutually agree as follows:

    

    1.           Employment

    

    Employer
      agrees to employ Employee, and Employee hereby accepts such
      employment.  This Agreement shall commence on the date hereof and
      shall remain in effect for an indefinite time or until terminated by either
      party.  The Employee shall serve as Chief Operating
      Officer.  The Employee will be responsible
      for:

    

    
      	
               

            	
              ·

            	
              Managing
                and being accountable for both Sales and Operations to meet the expected
                growth and profit/loss expectations of the Company.  This
                includes hiring and termination of staff within the operating
                units.

            

    

    
      	
               

            	
              ·

            	
              Developing
                marketing and sales strategies within the Company to maximize
                profitability of current and future operating
                units.

            

    

    
      	
               

            	
              ·

            	
              Interfacing
                with client management and site management to achieve the overall
                facility
                performance objectives of major
                clients.

            

    

    
      	
               

            	
              ·

            	
              Interfacing
                with Accountabilities’ corporate and divisional management on a regular
                basis to report results, communicate concerns and develop continuing
                strategies.

            

    

    
      	
               

            	
              ·

            	
              Assessing
                operating units for staffing and training
                needs.

            

    

    
      	
               

            	
              ·

            	
              Organizing
                weekly meeting with Managers to review accounts and
                reports.

            

    

    
      	
               

            	
              ·

            	
              Selling
                new and re-activated accounts.

            

    

    
      	
               

            	
              ·

            	
              Troubleshooting
                issues and/or concerns.

            

    

    
      	
               

            	
              ·

            	
              Developing,
                recommending and implementing policies and
                procedures.

            

    

    
      	
               

            	
              ·

            	
              Assisting
                divisional management with development of yearly
                budgets.

            

    

    
      	
               

            	
              ·

            	
              Other
                duties as assigned.

            

    

    

    Employee
      may serve in such positions, undertake such duties and have such authority
      as
      the Company shall assign to the Employee in its sole and absolute
      discretion.  The Company has the right to change the nature, amount or
      level of authority and responsibility assigned to the Employee at any time,
      with
      or without cause.  The Company may also change the title or titles
      assigned to the Employee at any time, with or without cause.  The
      Employee agrees to devote substantially all of his working time and efforts
      to
      the business and affairs of the Company.  The Employee further agrees
      that he

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    shall
      not
      undertake any outside activities which create a conflict of interest with his
      duties to the Company, or which, in the judgment of the Board of Directors
      of
      the Company, interfere with the performance of the Employee’s duties to the
      Company.

    

    2.           Duty
      of Loyalty

    

    Employer
      and Employee agree to give each other two weeks notice of their intent to
      terminate this Agreement and their employment relationship.  The
      parties agree that this is an at-will relationship, which means that either
      of
      them can terminate the employment relationship at any time for any lawful
      reason.

    

    3.           Employee
      Warranties; Indemnification of Employer

    

    Employee
      warrants that he is free to enter into the terms of this Agreement and that
      he
      has no obligations inconsistent with unrestrained employment for
      Employer.  Employee further agrees that during this employment, he
      shall devote his full time and attention to the business of the
      Employer.  Employee shall not prepare for, undertake or discuss with
      other employees of Employer any business or professional employment of any
      kind
      which is competitive with Employer.  Employer acknowledges that, in
      the event that any prior employer or other third party makes a claim against
      Employer based on Employee entering into this Agreement or becoming employed
      by
      Employer, Employee shall defend, indemnify and hold Employer harmless from
      any
      and all such claims, or losses actually incurred by Employer, or Employer’s
      officers, employees or authorized agents, relative to Employee’s employment by
      Employer.  Employee shall also be responsible for any and all legal
      fees and other expenses incurred by Employer as a result of defending any such
      claims.  This provision shall also apply to any and all individuals
      that Employee personally may recruit to work for or on behalf of
      Employer.

    

    4.           Compensation
      and Benefits

    

    Salary
      and Bonuses.  The employee’s base salary shall be $230,000 per
      annum.  His bonus shall be a minimum of $25,000 or 2% of the companies
      EBITA whichever amount is greater, payable twelve months after signing this
      agreement.

    

    Stock
      Compensation.  The Executive shall be granted 500,000 options to
      purchase stock in the Company at $.005 per share.  These shares will
      vest at a rate of 100,000 per year.  If the employee is terminated
      without cause or terminates his own employment from the firm he may only
      purchase the shares that have vested.  If the majority of the Company
      is sold, then all shares will immediately become vested to
      employee.

    

    Expenses.  The
      employee will be reimbursed for all reasonable and customary expenses incurred
      by the employee performing services for the company. (i.e. employee cell phone,
      tolls, parking etc.)  In addition, the company will pay employee an
      $800 per month automobile allowance.

    
      
         

      

      
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    Health
      Benefits. The company will pay the full premium amount for the Employee and
      his family for medical dental and other future insurances selected by the
      employee.

    

    401K.  The
      employee will participate in the company 401k program and if a company matching
      program is created he will participate in that as well.

    

    Vacation  The
      Employee will be entitled to 4 weeks paid vacation per year.

    

    5.           Confidentiality
      and Trade Secrets

    

    Employee
      acknowledges that the manuals, methods, forms, techniques and systems which
      Employer owns, plans or develops, whether for its own use or for use by or
      with
      its clients, are confidential trade secrets and are the property of
      Employer.

    

    Employee
      further acknowledges that he will obtain access to confidential information
      concerning Employer’s clients, including their business affairs, special needs,
      preferred methods of doing business, methods of operation, key contact personnel
      and other data, all of which provides Employer with a competitive advantage
      and
      none of which is readily available except to employees of Employer.

    

    Employee
      further acknowledges that he will obtain access to the names, addresses,
      telephone numbers, qualifications, education, accomplishments, experience,
      availability, resumes and other data regarding persons who have applied or
      been
      recruited for temporary or permanent employment by Employer, as well as job
      order specifications and the particular characteristics and requirements of
      persons generally hired by a client, specific job listings, mailing lists,
      computer runoffs, financial and other information, all of which provides
      Employer with a competitive advantage and none of which is readily available
      except to employees of Employer.

    

    Employee
      agrees that all of the foregoing information regarding Employer’s methods,
      clients and employees constitutes valuable and proprietary trade secrets and
      confidential information of Employer (hereafter “Confidential
      Information”).

    

    6.           Termination
      Clauses and Non-Competition

    

    If
      the
      Employee is terminated for non- cause he is entitled to 3 months severance
      pay
      from the effective date of the termination.  If the employee
      terminates his own employment with a written two week notice he is not entitled
      to the severance mentioned above.

    

    Employee
      agrees that in the event of termination of employment for any reason whatsoever,
      he shall not, for a period of (12) months from the date of such termination
      (such period not to include any period(s) of violation or period(s) of time
      required for litigation to enforce the covenants herein) either directly or
      indirectly, on his own account

    
      
         

      

      
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    or
      as
      agent, stockholder, employer, employee or otherwise in conjunction with any
      other person or entity. Employee further agrees that regardless of geographic
      location, he will not, during said time period, service any customers the
      Employer has done any business with during the preceding (12)
      months.

    

    Employer
      acknowledges that doing so in any manner would interfere with, diminish and
      otherwise jeopardize and damage the business and goodwill of the
      Employer.

    

    7.           Non-Disclosure
      Agreement

    

    Employee
      agrees that except as directed by Employer, the Employee will not at any time,
      whether during or after his employment with the Employer, use for any reason
      or
      disclose to any person any of the Employer’s Confidential Information or permit
      any person to examine and/or make copies of any documents which may contain
      or
      are derived from Confidential Information, whether prepared by the Employee
      or
      otherwise, without the prior written permission of Employer.

    

    Employee
      agrees that during his employment with Employer and/or the (12) months after
      such employment ends, he will not, directly or indirectly, contact, solicit,
      divert, take away or attempt to contact, solicit, divert or take away any staff
      employee, temporary personnel, customer, account, business or goodwill from
      Employer, either for Employee’s own benefit some other person or entity, and
      will not aid or assist any other person or entity to engage in any such
      activities.

    

    8.           Return
      of Records and Papers

    

    Upon
      the
      termination of his employment with Employer for any reason whatsoever, Employee
      agrees to return to an officer of Employer all manuals, records, documents,
      files and papers pertaining to Employer’s business, methods, clients, employees
      or operations.  In the event Employee fails to do so, or in the event
      Employee shall violate any covenant of this Agreement, Employee agrees to and
      does waive and forfeit all claims to unpaid compensation, commissions or
      severance pay, without affecting the right of Employer to compel the return
      of
      said records and papers or Employer’s right to enforce any covenant of this
      Agreement.

    

    Employee
      agrees that Employee has no proprietary interest in any documents or work
      product developed or used by Employee which in any way arises out of his
      employment by Employer.  Employee shall from time to time, as
      requested by Employer, do all things, which may be necessary to establish or
      document Employer’s ownership of any such, work product, including, but not
      limited to, execution of appropriate copyright applications or
      assignments.

    

    
      
         

      

      
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    9.           Injunctive
      Relief

    

    Employee
      recognizes that irreparable damage will result to Employer in the event he
      violates any covenant contained herein, and agrees that in the event of such
      violation Employer shall be entitled, in addition to its other legal or
      equitable remedies and damages, to temporary and permanent injunctive relief
      to
      restrain such violation(s) by Employee, without the need to post any injunction
      bond.

    

    10.           Liquidated
      Damages

    

    Employee
      recognizes and acknowledges that it would be difficult to ascertain the damages
      arising from a violation by him of the covenants herein
      contained.  Accordingly, Employee agrees that such damages will be
      fixed at an amount equal to the gross profit, or twenty-five percent (25%)
      of
      the gross sales, whichever is greater, resulting from business directly or
      indirectly generated by Employee for his own benefit or as agent, stockholder,
      employer, officer, employee or otherwise in conjunction with any other person
      or
      entity through soliciting or doing business with clients or personnel of
      Employer during the (12) month period following the termination of Employee’s
      employment with Employer.

    

    11.           Legal
      Fees

    

    Employee
      agrees that Employer is entitled to recover from him the cost of all reasonable
      legal fees and expenses incurred in enforcing the covenants contained
      herein.  The parties agree to waive trial by jury in the event of any
      dispute or controversy between them.

    

    12.           Interpretation
      of Agreement

    

    Any
      provision or clause hereof which may be invalidated as prohibited by law shall
      be ineffective to the extent of such illegality; however, this shall in no
      way
      affect the remaining provisions of this Agreement, and this Agreement shall
      be
      interpreted as if such clause or provision were not contained
      herein.

    

    13.           Assignment

    

    Employer
      may assign this Agreement and Employer’s rights hereunder, to a successor or to
      an affiliated company with written approval from Employees Legal
      Counsel.

    

    14.           Understanding
      of Parties

    

    This
      Agreement represents the entire Agreement between the parties and supersedes
      any
      and all prior agreements or understandings, oral or written, between Employee
      and Employer pertaining to the subject matter covered by this
      Agreement.  This Agreement shall not be changed or terminated orally
      or in writing, and no alleged

    
      
         

      

      
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    change,
      termination or attempted waiver of any of the provisions hereof shall be binding
      on Employer.  Employee agrees that this Agreement shall remain in full
      force and effect notwithstanding any changes in job title, job assignment,
      position or salary.  Employee acknowledges that the covenants and
      conditions of this Agreement are reasonable and necessary for the protection
      of
      Employer’s business, and that Employee will be able to work and earn a living in
      the staffing industry even if this Agreement is fully enforced against
      him.

    

    15.           Miscellaneous

    

    A.           All
      references to he, his or other masculine derivatives in this Agreement shall
      include she, hers and other feminine derivatives as appropriate.

    

    B.           Employee
      agrees and acknowledges that a violation of paragraphs 3 or 5 through 9 hereof,
      will be deemed to constitute gross misconduct within the meaning of the
      Consolidated Omnibus Budget Reconciliation Act (“COBRA”) and, therefore, will
      result in Employee’s ineligibility for continued coverage or medical benefits
      through Employer’s group plans.

    

    C.           This
      Agreement shall be interpreted and construed according to the laws of the State
      of New Jersey.  In the event of an action by either party alleging a
      violation of this Agreement, the parties hereto agree to service of process
      by
      mail, submit to the jurisdiction of the state courts in New Jersey, waive any
      claim that the forum is inconvenient and waive trial by jury.

    

    D.           The
      waiver by Employer of a breach of any provision of this Agreement by Employee
      shall not operate or be construed as a waiver of any continuing or subsequent
      breach by Employee or as a waiver by Employer of any past, present or future
      right granted under this Agreement.

    

    E.           Employee
      agrees that he will advise any prospective employer of the covenants and
      restrictions of this Agreement before accepting any offer from another
      employer.

    

    F.           By
      signing below, Employee acknowledges receiving a copy of this
      Agreement.  Employee acknowledges and agrees that he was not coerced
      into executing this Agreement and that he had an opportunity to consult with
      an
      attorney of his choice to obtain advice and counseling relating to the terms
      of
      this Agreement in advance of executing this Agreement.  Employee has
      executed this Agreement of his own free will.

    

    
      
         

      

      
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    IN
      WITNESS WHEREOF, the undersigned have hereunto set their hands as of
      the date first above written.

    

    EMPLOYER:

    

    ACCOUNTABILITIES,
      INC.

    

    

    

    By:  /s/
      Allan
      Hartley

    Allan
      Hartley, President

    

    

    

    EMPLOYEE:

    

    

    

    /s/
      Mark S. Levine

    Mark
      S. Levine

    

     7exhibit_10-5.htm

     

    Exhibit
      10.5

     

    EXECUTIVE
      EMPLOYMENT AGREEMENT

    

    This
      Executive Employment Agreement (this “Agreement”) is made as of this 5th day of
      March, 2007, between ACCOUNTABILITIES, INC., a Delaware
      Corporation (the “Company”), and STEPHEN DELVECCHIA (the
“Executive”).

    

    RECITALS

    

    It
      is the
      desire of the Company to retain the services of the Executive and to recognize
      the Executive’s contribution to the Company.

    

    The
      Company and the Executive wish to set forth certain terms and conditions of
      the
      Executive’s employment.

    

    NOW,
      THEREFORE, in consideration of the foregoing and of the respective
      covenants and agreements set forth below, the parties hereto agree as
      follows:

    

    
      	
              1.

            	
              Positions
                and Duties.

            

    

    

    The
      Executive shall serve as Chief Financial
      Officer.  The Executive agrees to devote substantially
      all of his working time and efforts to the business and affairs of the
      Company.  The Executive further agrees that he shall not undertake any
      outside activities which create a conflict of interest with his duties to the
      Company, or which, in the judgment of the Board of Directors of the Company,
      interfere with the performance of the Executive’s duties to the
      Company.

    

    
      	
              2.

            	
              Term.

            

    

    

    This
      agreement shall commence as of the date stated above and shall continue until
      terminated according to the provisions of this agreement.

    

    3.      Compensation
      and Benefits.

    

    
      	
               

            	
              (a)

            	
              Salary
                and Bonuses.  The Executive’s base salary shall be $150,000
                per annum for the first 90 days, then increasing to $165,000 per
                annum
                after the 91st
                day.

            

    

    

    
      	
               

            	
              (b)

            	
              Stock
                Compensation.  The Executive shall be granted 60,000 shares
                of common stock of the Company.  Said stock shall vest over a
                three year period at the rate of 20,000 per year for three
                years.  The Executive must be employed by the Company to receive
                the stock.

            

    

    

    
      	
               

            	
              (c)

            	
              Profit
                Sharing.  The Executive shall be entitled to 1.5% of the
                fiscal year Net Profit, limited to 100% of base
                salary.

            

    

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    
      	
               

            	
              (d)

            	
              Expenses.  During
                the term of the Executive’s employment, the Executive shall be entitled to
                receive reimbursement for all reasonable and customary expenses incurred
                by the Executive in performing services for the Company in accordance
                with
                the Company’s reimbursement policies as they may be in effect from time to
                time.  The parties to this Agreement recognize that such
                policies may be amended and/or terminated by the Company at any
                time.  The Executive will also receive a $500.00 per month car
                allowance, and reimbursement for cell phone
                expenses.

            

    

    

    
      	
               

            	
              (e)

            	
              Health
                Benefits.  The Company shall pay the full premium amount for
                the Executive and his family for medical and dental
                coverage.

            

    

    

    
      	
               

            	
              (f)

            	
              401K.  The
                Executive shall be entitled to the same 401K program, if available,
                as may
                be in effect from time to time for the other
                executives.

            

    

    

    
      	
               

            	
              (g)

            	
              Life
                Insurance.  The Executive shall be entitled, if available,
                to the same Life Insurance program as may be in effect from time
                to time
                for the other executives.

            

    

    

    
      	
               

            	
              (h)

            	
              Vacation.  The
                Executive shall be entitled to three (3) weeks of paid vacation
                annually.  However, all vacation must be used in the present
                year and cannot be carried over into the following
                year.

            

    

    

    
      	
               

            	
              (i)

            	
              Other
                Benefits.  The Executive shall be entitled to participate in
                all employee benefit plans, programs and arrangements of the Company
                (including, without limitation, stock option plans or agreements
                and
                insurance, retirement and vacation plans, programs and arrangements),
                in
                accordance with the terms of such plans, programs or arrangements
                in
                effect during the period of the Executive’s employment.  The
                parties to this Agreement recognize that the Company may terminate
                or
                modify such plans, programs or arrangements at any time. In addition,
                the
                Executive shall abide by and be entitled to the same holiday and
                sick pay
                policy as is in effect for the general staff of the
                Company.

            

    

    

    4.      Grounds
      for Termination.

    

    The
      Executive’s employment may be terminated on any of the following
      grounds:

    

    
      	
               

            	
              (a)

            	
              Without
                Cause.  The Executive or the Company may terminate the
                Executive’s employment at any time, without cause, by giving the other
                party to this Agreement at least 30 days advance written notice of
                such
                termination.

            

    

    

    
      	
               

            	
              (b)

            	
              Death.  The
                Executive’s employment hereunder shall terminate upon his
                death.

            

    

    

    
      	
               

            	
              (c)

            	
              Disability.  If,
                as a result of the Executive’s incapacity due to physical or mental
                illness, the Executive shall have been unable to perform the essential
                functions of his position, even with reasonable accommodation that
                does
                not impose an undue hardship on the Company, on a full-time basis
                for the
                entire period of six (6) consecutive months, and within thirty (30)
                days
                after written notice of
                termination

            

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    is
      given
      (which may occur before or after the end of such six month period), shall not
      have returned to the performance of his duties hereunder on a full-time basis
      (a
“disability”), the Company may terminate the Executive’s employment
      hereunder.

    

    
      	
               

            	
              (d)

            	
              Cause.  The
                Company or the Executive may terminate the Executive’s employment
                hereunder for cause.  For purposes of this Agreement, “cause”
                shall mean that the Company, acting in good faith based upon the
                information then known to the Company, determines that the Executive
                has
                engaged in or committed: willful misconduct; theft, fraud or other
                illegal
                conduct; refusal or unwillingness to substantially perform his duties
                (other than such failure resulting from the Executive’s disability) after
                written demand for substantial performance is delivered by the Company
                that specifically identifies that manner in which the Company believes
                the
                Executive has not substantially performed his duties; insubordination;
                any
                willful act that is likely to have the effect of injuring the reputation
                or business of the Company; violation of any fiduciary duty; violation
                of
                the Executive’s duty of loyalty to the Company; or a breach of any term of
                this Agreement.  For purposes of this Section 4(d), no act, or
                failure to act, on the Executive’s part shall be considered willful unless
                done or omitted to be done, by his not in good faith and without
                reasonable belief that his action or omission was in the best interest
                of
                the Company.

            

    

    

    5.      Payments
      upon Termination.

    

    
      	
               

            	
              (a)

            	
              Without
                Cause or With Good Reason.  In the event that the
                Executive’s employment is terminated by the Company for any reason other
                than death, disability or cause as defined in Section 3(b), (c) and
                (d) of
                this Agreement, or in the event that the Executive terminates his
                employment hereunder with Good Reason, the Executive shall be entitled
                to
                receive severance pay.  Such severance shall be one month’s
                salary. The Company will also pay to the Executive any earned but
                unused
                vacation time on the date of the notice of termination.  In
                addition, the Company will maintain insurance and benefits for the
                Executive during the Severance
                Period

            

    

    

    
      	
               

            	
              (b)

            	
              Release
                of all Claims.  The Executive understands and agrees that
                the Company’s obligation to pay the Executive severance pay under this
                Agreement is subject to the Executive’s execution of a valid written
                waiver and release of all claims which the Executive may have against
                the
                Company and/or its successors in a form acceptable to the Company
                in its
                sole and absolute discretion.

            

    

    

    
      	
               

            	
              (c)

            	
              Death,
                Disability or Cause.  In the event that the Executive’s
                employment is terminated due to death, disability or cause, the Company
                shall not be obligated to pay the Executive any amount other than
                earned
                unused vacation, reimbursement for business expenses incurred prior
                to his
                termination in compliance with the Company’s reimbursement policies, and
                any unpaid salary for days worked prior to the termination and accrued
                but
                unpaid profit sharing amounts.

            

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    
      	
              6.

            	
              Successors/Material
                Change in Ownership; Binding
                Agreement.

            

    

    

    
      	
               

            	
              (a)

            	
              In
                the event that there is a material change in ownership of the Company,
                whether direct or indirect, by purchase, merger, consolidation or
                otherwise, the Company will use it’s best efforts to secure the assumption
                of this Agreement by the successor ownership in the same manner and
                to the
                same extent that the Company would be required to perform it if no
                such
                succession had taken place.  Failure of the Company to obtain
                such assumption and agreement prior to the effectiveness of any such
                succession shall entitle the Executive to compensation from the Company
                in
                the same amount and on the same terms as he would be entitled to
                hereunder
                if he terminated his employment for Good Reason, except that for
                purposes
                of implementing the foregoing, the date on which any such succession
                becomes effective shall be deemed the date of termination.  As
                used in this Agreement, “Company” shall mean the Company as herein before
                defined and any successor to its business and/or assets as aforesaid
                which
                executes and delivers the agreement provided for in this Section
                6 or
                which otherwise becomes bound by all the terms and provisions of
                this
                Agreement by operation of law.

            

    

    

    
      	
               

            	
              (b)

            	
              This
                Agreement and all rights of the Executive hereunder shall inure to
                the
                benefit of and be enforceable by the Executive’s personal or legal
                representatives, executors, administrator, successors, heirs,
                distributees, devisees and legatees.  If the Executive should
                die while any amounts would still be payable to him hereunder if
                he had
                continued to live, all such amounts, unless otherwise provided herein,
                shall be paid in accordance with the terms of this Agreement to the
                Executive’s devisee, legatee, or other designee or, if there be no such
                designee, to the Executive’s
                estate.

            

    

    

    7.           Notices.

    

    For
      the
      purposes of this Agreement, notices, demands and all other communications
      provided for in this Agreement shall be in writing and shall be deemed to have
      been duly given when delivered or (unless otherwise specified) mailed by United
      States certified or registered mail, return receipt requested, postage prepaid,
      addressed as follows:

    

    If
      to the Executive:

    

    Mr.
      Stephen DelVecchia

    8
      Tuscan Road

    Livingston,
      New Jersey
      07039

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    If
      to the
      Company:

    

    Accountabilities,
      Inc.

    500
      Craig Road, Suite 201

    Manalapan,
      New Jersey
      07726

    Attn:  Allan
      Hartley,
      President

    

    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.

    

    8.           Anti-Solicitation.

    

    The
      Executive promises and agrees that, during the period of his employment by
      the
      Company and for a period of two (2) years thereafter, regardless of reason
      for
      termination, he will not influence or attempt to influence customers of the
      Company or any of its present or future subsidiaries or affiliates, either
      directly or indirectly, to divert their business to any individual, partnership,
      firm, corporation or other entity then in competition with the business of
      the
      Company, or any subsidiary or affiliate of the Company within a 75 mile radius
      of any existing Accountabilities office or those of it’s subsidiaries or
      affiliates.

    

    9.           Soliciting
      Employees.

    

    The
      Executive promises and agrees that during the term of his employment and for
      a
      period of two (2) years thereafter, regardless of reason for termination, he
      will not, directly or indirectly solicit any Company employees to work for
      any
      other business, individual, partnership, firm, corporation, or
      entity.

    

    10.           Confidential
      Information.

    

    
      	
               

            	
              (a)

            	
              The
                Executive, in the performance of his duties on behalf of the Company,
                shall have access to, receive and be entrusted with confidential
                information, including but not limited to systems technology, field
                operations, reimbursement, development, marketing, organizational,
                financial, management, administrative, clinical, customer, distribution
                and sales information, data, specifications and processes presently
                owned
                or at any time in the future developed, by the Company or its agents
                or
                consultants, or used presently or at any time in the future in the
                course
                of its business that is not otherwise part of the public domain
                (collectively, the “Confidential Material”).  All such
                Confidential Material is considered secret and will be available
                to the
                Executive in confidence.  Except in the performance of duties on
                behalf of the Company, the Executive shall not, directly or indirectly
                for
                any reason whatsoever, disclose or use any such Confidential Material,
                unless such Confidential Material ceases (through no fault of the
                Executive’s) to be confidential because it has become part of the public
                domain.  All records (including customer, client and employee
                records and lists),

            

    

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     files,
      drawings, documents, notes, disks, diskettes, tapes, magnetic media,
      photographs, equipment and other tangible items, wherever located, relating
      in
      any way to the Confidential Material or otherwise to the Company’s business,
      which the Executive prepares, uses or encounters during the course of his
      employment, shall be and remain the Company’s sole and exclusive property and
      shall be included in the Confidential Material.  Upon termination of
      this Agreement by any means, or whenever requested by the Company, the Executive
      shall promptly deliver to the Company any and all of the Confidential Material,
      not previously delivered to the Company, that may be or at any previous time
      has
      been in the Executive’s possession or under the Executive’s
      Control.

    

    
      	
               

            	
              (b)

            	
              The
                Executive hereby acknowledges that the sale or unauthorized use or
                disclosure of any of the Company’s Confidential Material by any means
                whatsoever and at any time before, during or after the Executive’s
                employment with the Company shall constitute unfair
                competition.  The Executive agrees he shall not engage in unfair
                competition either during the time employed by the Company or any
                time
                thereafter.

            

    

    

    11.           Modification
      and Waiver.

    

    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
      Executive and the President of 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.  No agreements or
      representations, oral or otherwise, express or implied, with respect not the
      subject matter hereof have been made by ether party, which are not set forth
      expressly in this Agreement.  The validity, interpretation,
      construction and performance of this Agreement shall be governed by the laws
      of
      the State of New Jersey, without regard to its conflicts of law
      principles.

    

    12.           Validity.

    

    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.

    

    13.           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

        
          

        

      

      
        
        

      

    

    

    
      	
              14.

            	
              Indemnification.

            

    

    

    The
      Company hereby agrees to indemnify and hold harmless the Executive for any
      and
      all disputes that may arise as a result of the lawful exercise of the
      Executive’s duties.  This clause shall not apply to disputes between
      the Company and the Executive.

    

    15.           Entire
      Agreement.

    

    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 on the date
      and year first above written.

    

    

    
      	 EXECUTIVE 	 	 	 ACCOUNTABILITIES,
              INC.	 
	
              /s/
                Stephen DelVecchia

            	 	 	
              /s/
                Allan Hartley

            	 
	
              Name: 
                Stephen DelVecchia

            	 	 	
              Name: 
                Allan Hartley 

            	 
	
               

            	 	 	
              Title: 
                President

            	 

      8

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