Document:

QuickLinks
 -- Click here to rapidly navigate through this document
  

 
 

Exhibit 10.29    
    

 
 

Annex K    
    

 
 

STANDSTILL AGREEMENT    
    

        This
Agreement is made as of March 1, 2004 among NOMOS CORPORATION, a Delaware corporation (the "Company"), and the undersigned
holders of the Company's Series C Preferred Stock (each a "Stockholder" and, collectively, the
"Stockholders"). 

PREAMBLE  

        A.    The
Company entered into an Agreement and Plan of Merger dated as of October 26, 2003, as amended by the First Amendment to Agreement and Plan of Merger dated as
of November 25, 2003 (as amended, the "Merger Agreement"), with North American Scientific, Inc., a Delaware corporation (the
"Acquiror"), and AM Capital I, Inc., a Delaware corporation and wholly owned subsidiary of the Acquiror ("Merger
Sub"). 

        B.    The
Company's current Certificate of Incorporation grants the Stockholders and the other holders of the Company's Series C Preferred Stock certain redemption
rights ("Redemption Rights") with respect to their Series C Preferred Stock that are exercisable beginning March 2, 2004 by the holders of
at least fifty percent (50%) of the then outstanding shares of Series C Preferred Stock. 

        C.    Due
to certain delays occasioned by the preparation and SEC review of the Joint Proxy Statement/Prospectus (as defined in the Merger Agreement), the Company, the Acquiror
and the Merger Sub have entered into, or intend to enter into, a Second Amendment to Agreement and Plan of Merger, pursuant to which the Termination Date (as defined in the Merger Agreement) will be
extended to June 18, 2004. 

        D.    The
Company has asked the Stockholders, who collectively hold more than fifty percent (50%) of the currently outstanding shares of Series C Preferred Stock, to
agree not to exercise their Redemption Rights prior to the Standstill Expiration Date (as defined below) in order to permit the Company to proceed with the transactions contemplated by the Merger
Agreement (as amended by such Second Amendment to Agreement and Plan of Merger) in reliance upon such non-exercise. 

        E.    The
Stockholders are willing to agree not to exercise their Redemption Rights upon the terms and subject to the conditions set forth herein, including the agreement that
the Company pay, upon the Closing (as defined in the Merger Agreement), the Consideration (as defined below) as consideration to the holders of Series C Preferred Stock for such standstill and
as compensation for the lost time value of money and the potential loss of accrued dividends for the period between January 31, 2004 and the Standstill Expiration Date (as defined below). 

        Therefore,
the parties agree as follows with the intent to be legally bound. 

K-1

 
 
 

AGREEMENT    
    

        1.     Non-Exercise of Redemption Rights. Each Stockholder agrees not to exercise its Redemption Rights at any time
prior to the earlier to occur of (i) July 1, 2004 or (ii) the termination of the Merger Agreement in accordance with its terms (in either case, the
"Standstill Expiration Date"). Any attempted exercise of such Redemption Rights by any Stockholder or any assignee or transferee of any Stockholder
prior to the Standstill Expiration Date shall be void and of no force or effect. 

        2.     Payment of Consideration. 

        (a)   The
Company agrees to pay to the holders of Series C Preferred Stock, concurrently with the Closing (as defined in the Merger Agreement), an amount of $0.15 per
share of Series C Preferred Stock, resulting in an aggregate payment of Two Hundred Thousand Four Hundred Twenty-Two and 77/100 Dollars ($200,422.77) (the
"Consideration"), which Consideration shall be payable to the holders of Series C Preferred Stock (rounded down to the nearest penny) based on
the number of shares held by each such holder. 

        (b)   Notwithstanding
the foregoing, if the Merger Agreement is terminated in accordance with its terms without the merger contemplated thereby having been consummated, the
Company shall have no obligation to pay the Consideration and shall have no further obligation to the Stockholders or to the other holders of Series C Preferred Stock under this Agreement. 

        3.     Assignments and Transfers. In addition to any other restrictions that may be imposed under law or contract on the ability
of any Stockholder to assign or transfer its shares of Series C Preferred Stock, each Stockholder agrees that it shall not sell, pledge, gift, assign or otherwise transfer (in any case,
"transfer") any of its shares of Series C Preferred Stock or any rights therein prior to the Standstill Expiration Date unless the transferee
thereof first executes a joinder hereto (in form and substance reasonably satisfactory to the Company) expressly agreeing to be bound by the terms and conditions hereof. Any transfer in violation of
the foregoing shall be void and of no force or effect. 

        4.     Condition to Effectiveness. This Agreement shall not become effective as to any Stockholder unless and until it has been
executed by Stockholders holding at least fifty percent (50%) of the currently outstanding shares of Series C Preferred Stock. 

        5.     Miscellaneous. This Agreement: (a) may be amended only by a writing signed by each of the parties; (b) may
not be assigned, pledged or otherwise transferred, whether by operation of law or otherwise, without the prior consent of the other party; (c) may be executed in several counterparts, each of
which is deemed an original but all of which constitute one and the same instrument; (d) contains the entire agreement of the parties with respect to the transactions contemplated hereby and
supersedes all prior written and oral agreements, and all contemporaneous oral agreements, relating to such transactions; (e) is governed by, and will be construed and enforced in accordance
with, the laws of the Commonwealth of Pennsylvania without giving effect to any conflict of laws rules; and (f) is binding upon, and will inure to the benefit of, the parties and their
respective successors and permitted assigns. The waiver by a party of any breach or violation of any provision of this Agreement will not operate as, or be construed to be, a waiver of any subsequent
breach or violation hereof. 

[Remainder of page intentionally left blank]

K-2

 

	SIGNATURE PAGE TO STANDSTILL AGREEMENT (Company)
	

 	
 	
COMPANY
	

 	
 	

NOMOS CORPORATION
	

 	
 	

By:	
 	

/s/  JOHN W. MANZETTI      
 John W. Manzetti

President and CEO
	
SIGNATURE PAGE TO STANDSTILL AGREEMENT (Stockholders)
	

 	
 	
STOCKHOLDERS
	

 	
 	

CORPORATE OPPORTUNITIES FUND, L.P.
	

 	
 	

By:	
 	

SMM Corporate Management, LLC,

General Partner
	

 	
 	

By:	
 	

/s/  JAMES C. GALE      

	 	 	Name:	 	James C. Gale

	 	 	Title:	 	Chief Investment Officer

	

 	
 	

CORPORATE OPPORTUNITIES FUND

(INSTITUTIONAL), L.P.
	

 	
 	

By:	
 	

SMM Corporate Management, LLC,

General Partner
	

 	
 	

By:	
 	

/s/  JAMES C. GALE      

	 	 	Name:	 	James C. Gale

	 	 	Title:	 	Chief Investment Officer

	

 	
 	

CROSS ATLANTIC PARTNERS I, K/S
	

 	
 	

By:	
 	

/s/  JOHN L. CASSIS      

	 	 	Name:	 	John L. Cassis

	 	 	Title:	 	Partner

	

 	
 	

CROSS ATLANTIC PARTNERS II
	

 	
 	

By:	
 	

/s/  JOHN L. CASSIS      

	 	 	Name:	 	John L. Cassis

	 	 	Title:	 	Partner

	

 	
 	

CROSS ATLANTIC PARTNERS III
	

 	
 	

By:	
 	

/s/  JOHN L. CASSIS      

	 	 	Name:	 	John L. Cassis

	 	 	Title:	 	Partner

K-3

QuickLinks

Exhibit 10.29

Annex K

STANDSTILL AGREEMENT

AGREEMENTQuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.14    
    

October 7,
2003 

Mr. Jorge
Celaya

648 Regester Avenue

Towson MD 21212 

Dear
Jorge: 

        I
am excited to extend an offer of employment to you for the position of Executive Vice President and Chief Financial Officer, SITEL Corporation. 

Position, Location and Starting Date:  

        Your position as Executive Vice President and Chief Financial Officer reports directly to me and is based in Omaha, Nebraska. In this position you will be a key
member of SITEL's Executive Committee. Your anticipated starting date is no later than November 10, 2003. 

Compensation:  

        You will be granted options for 300,000 shares of SITEL common stock immediately upon your joining the company at the then current fair market value per our
option plan. The options will be issued as incentive stock options to the fullest extent permitted by Internal Revenue Code Section 422 and the remainder will be issued as
non-qualified stock options. The option agreement will provide that your options will vest in equal annual installments over 3 years, or earlier in the event of a change in control
of the company (as defined in Section 13(b) of our option plan). Your option agreement will also provide that if you are terminated without cause (as defined in the option agreement) within two
years of your start date, then the vesting of the options will be accelerated upon
the effective date of your termination without cause and will remain exercisable for the balance of such two-year period. All other terms of the options will be in accordance with our
stock option program as approved by the Compensation Committee. 

        Your
base salary will be $290,000 annually and paid in bi-weekly installments. In recognition of the 2003 bonus income and certain other benefits with your current employer
that you are foregoing by joining SITEL, you will be paid $100,000 on January 15, 2004. You are eligible for an annual bonus in future years of up to 100% of your base salary based on company
performance and in accordance with SITEL's Executive Committee Bonus Plan as approved by our Board and Compensation Committee each year. 

Benefits:  

        You are eligible for medical, dental, vision, disability, and life insurance benefits as well as the pre-tax spending account program called Flex
Choice. A summary of these benefits was provided earlier. In addition you are eligible for an Executive Long Term disability plan and a non-qualified executive retirement plan which allows
for a deferral of 25% of base salary and 100% of bonus.    Certain restrictions apply to these benefit plans and full details will be provided to you upon request and otherwise following
your first day of employment. 

Severance:  

        If you are terminated without cause or for reasons related to change in control (each such term defined in the same manner as above) within two years of your
start date, you will be paid a lump sum equal to your base salary for the number of months remaining in such two-year period (provided however that if termination occurs within the last
six months of such two-year period, the severance will 

be
a lump sum equal to six months base salary). If you are terminated without cause after such two-year period, you will be paid severance in a lump sum equal to six months base salary. 

Relocation:  

        To assist you with your move to Omaha from Baltimore MD, SITEL will extend to you the executive relocation program. Details of the move costs which would be paid
on your behalf or reimbursed to you were described in the materials provided earlier. Should you be required to repay your current employer for expenses related to your move from California to
Baltimore, SITEL will reimburse these expenses upon presentation of invoice and/or documentation of the expenses. 

        Jorge,
we are extremely pleased that you have chosen to accept SITEL's offer of employment and look forward to working with you as you begin making your mark on SITEL's
future growth and profitability. 

Sincerely, 

/s/  JIM LYNCH      

Jim
Lynch

CEO

SITEL Corporation 

ACCEPTANCE  

	/s/  JORGE CELAYA      
 Jorge Celaya	 	October 7, 2003
 Date

        This
letter and your acceptance do not constitute an employment contract or a guarantee of continued employment. Employment with the company remains at will. 

QuickLinks

Exhibit 10.14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00062-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00062-of-00352.parquet"}]]