Document:

exv10w6wb

Exhibit 10.6(b)

FIRST AMENDMENT

TO THE

SEVERANCE AGREEMENT

     THIS FIRST AMENDMENT TO THE SEVERANCE AGREEMENT (“Amendment”) is dated as of the ________ day
of ___________, 2008, by and between Lesa J. Francis (“Executive”) and CBS Personnel Holdings, Inc.
a Delaware corporation (the “Company”).

     WHEREAS, the Company and Executive entered into a Severance Agreement, effective as of October
2, 2006, (the “Agreement”);

     WHEREAS, pursuant to Section 5(c) of the Agreement, the parties now desire to amend the
Agreement to ensure that any payments made thereunder are made in compliance with Section 409A of
the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated thereunder;

     NOW, THEREFORE, effective as of the date set forth above, the parties hereto, in consideration
of the promises and premises set forth herein, agree as follows:

     1. Section 3(e) of the Agreement is amended to add a new subsection (v) as follows:

     (v) If the stock of CBS or an affiliate is publicly traded on an
established securities market or otherwise as of Executive’s date of
termination, and Executive is a “Specified Employee” as of such date, then
to the extent any portion of the payments made under paragraph 3(e)(i)(B)
exceed the “409A Severance Limit,” the payments in excess of the 409A
Severance Limit shall not be paid earlier than six (6) months and one (1)
day after the date of termination. If any payments are delayed due to such
requirements, such amounts will be paid in a lump sum to Executive on the
first payroll date that occurs six (6) months and one (1) day after
Executive’s date of termination.

     For purposes of this Agreement, “409A Severance Limit” shall mean the
lesser of (i) two (2) times Executive’s annual compensation or (ii) two (2)
times the limit on compensation set forth in Section 401(a)(17) of the
Internal Revenue Code of 1986, as amended (the “Code”), for the year in
which the date of termination occurs. “Specified Employee” shall have the
meaning set forth in Section 409A of the Code, and the Treasury Regulations
promulgated thereunder.

     2. Section 3(f) of the Agreement is amended in its entirety as follows:

     (f) Change in Control. If Executive’s employment is terminated (i)
without Cause by CBS within the [one (1) year period] after the effective date of a
“Change in Control” of CBS, or (ii) with “Good Reason” by Executive within the

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[one (1) year period] after the effective date of a Change in Control, then
Executive shall be entitled to receive the payments from CBS in accordance with
paragraph 3(e), Termination Without Cause.

     For purposes of this Agreement, “Change in Control” shall mean the occurrence
of a “Change in the Ownership of the Corporation,” a “Change in the Effective
Control of the Corporation,” or a “Change in the Ownership of a Substantial Portion
of the Corporation’s Assets,” as such terms are defined in Section
1.409A-3(i)(5)(v)-(vii) of the Treasury Regulations.

     For purposes of this Agreement, Executive shall have “Good Reason” to terminate
her employment with CBS, if she terminates her employment within one (1) year of a
material diminution in her base compensation or a material change in the geographic
location at which she must perform services for CBS; provided, however, Executive
shall not have “Good Reason” to terminate her employment unless CBS has received
written notice of the existence of such Good Reason condition from Executive within
ninety (90) days of the initial existence of the Good Reason condition and CBS has
failed to cure such Good Reason condition within thirty (30) days of receiving such
notice.

     3. In all other respects the Agreement shall remain unchanged.

     IN WITNESS WHEREOF, the Company has caused this First Amendment to the Severance Agreement to
be signed by its duly authorized representative and Executive has signed this Amendment as of the
day and year first above written.

	 	 	 	 	 

	CBS PERSONNEL HOLDINGS, INC.	 	 
	 
	 	 	 	 
	By: 
	/s/ Suzanne Perry	 	/s/ Lesa J. Francis
	 

	 	 
	 	 
	 

	 	 	 	LESA J. FRANCIS
	 
	 	 	 	 
	 	Name: 
	Suzanne Perry	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	Title:
	VP HR	 	 
	 

	 	 	 	 

2exv10w7wa

Exhibit 10.7(a)

SEVERANCE AGREEMENT

     This Severance Agreement (this “Agreement”) is made and entered into this 30 day of June, 2005
(the “Effective Date”), by and between CBS Personnel Holdings, Inc., a Delaware corporation
(“CBS”), and Suzanne Perry (“Executive”). Each of Executive and CBS are sometimes referred to
herein as a “Party” and collectively as the “Parties.”

BACKGROUND

     Executive and CBS have been engaged in and wish to continue an “at-will” employment
relationship. The Parties are entering into this Agreement to provide Executive with certain
security and benefits in her continuing employment, and to provide CBS, its subsidiaries and
affiliates with certain covenants from Executive to protect the business interests of CBS and its
subsidiaries and affiliates during Executive’s continuing employment. Nothing contained herein
should be construed as a modification of the “at-will” nature of Executive’s employment with CBS.

AGREEMENT

     In consideration of the mutual promises and consideration stated herein, the sufficiency of
which is hereby acknowledged, CBS and Executive agree as follows:

1. Employment

     Executive agrees to continue her employment with CBS and CBS agrees to continue to employ
Executive, all subject to the term’s and conditions set forth herein.

2. Termination of Employment

     Executive’s employment with CBS may be terminated at any time and for any reason with or
without notice by CBS or by Executive. Except as otherwise expressly provided in this Agreement or
as otherwise required by applicable law, upon termination of Executive’s employment with CBS,
Executive will have no obligation or duty to further serve CBS in any capacity, nor will CBS or its
subsidiaries or affiliates be under any obligation to make any further payments or provide any
further benefits to Executive.

3. Termination Payments

     Upon the termination of Executive’s employment, Executive will resign all positions of any
kind held with CBS or its subsidiaries or affiliates. Upon the termination of Executive’s
employment, CBS will be obligated to provide Executive only with such compensation as expressly
provided in this paragraph 3, and only upon the execution and delivery by Executive of a release
and waiver of all claims Executive may have against CBS, its subsidiaries, affiliates,
representatives and other related parties, in form and substance satisfactory to CBS.

 

 

a. Termination for Cause.

     (i) If CBS terminates Executive’s employment hereunder for “Cause” then no further
compensation shall be paid to Executive after the date of termination.

     (ii) For purposes of this Agreement, “Cause” shall be defined as any of the
following:

     (1) Executive’s breach of this Agreement;

     (2) Executive’s failure to adhere to any written policy of CBS or its subsidiaries or
affiliates in any material respect;

     (3) Executive’s failure (as determined in good faith by the President or Board of Directors of
CBS) to effectively perform the duties assigned to Executive by CBS in any material respect;

     (4) the appropriation (or attempted appropriation) of a material business opportunity of CBS
or its subsidiaries or affiliates, including attempting to secure or securing any personal profit
in connection with any transaction entered into on behalf of CBS or its subsidiaries or affiliates;

     (5) the misappropriation (or attempted misappropriation) of any funds or property of CBS or
its subsidiaries or affiliates or the commission by Executive of any act of fraud against CBS or
its subsidiaries or affiliates;

     (6) the conviction of, the indictment for (or its procedural equivalent), or the entering of a
guilty plea or plea of no contest with respect to, a felony, the equivalent thereof, or any other
crime involving moral turpitude; or

     (7) the violation by Executive of the Confidentiality Agreement (as defined in paragraph 4
hereof) or the unauthorized use by Executive of the trade secrets or confidential information of
CBS or its subsidiaries or affiliates.

     (iii) For purposes of this paragraph 3(a) the “date of termination” shall be the later of: (A)
the date CBS provides Executive with notice of termination of her employment, or (B) the last date
Executive provides services on behalf of CBS, as set forth in the notice of termination provided to
Executive by CBS. CBS is not required to give prior notice to Executive of termination for Cause.

     b. Resignation by Executive. If Executive resigns or retires at any time for any
reason other than that provided in paragraph 3(c) or 3(d) below, no further compensation shall be
paid to Executive after the date of termination; provided, however, Executive shall be entitled to
receive from CBS, subject to any deduction and withholding required by applicable law, any base
salary

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that was fully earned by Executive prior to the date of termination. For purposes of this
paragraph 3(b) the “date of termination” shall be the later of (A) the date Executive provides CBS
with notice of termination of her employment, or (B) the last date Executive provides services on
behalf of CBS, as agreed to in writing by Executive and CBS.

     c. Death of Executive. Executive’s employment with CBS automatically terminates upon
the death of Executive. In that event, no further compensation shall be paid to Executive after the
date of termination; provided, however, Executive (or her heirs, estate or personal representative,
as the case may be) shall be entitled to receive from CBS, subject to any deduction and withholding
required by applicable law, any base salary that was fully earned by Executive prior to the date of
termination.

     d. Disability of Executive. If Executive’s employment with CBS terminates by reason of
Executive’s disability, as determined under any of CBS’s disability plans then applicable to
Executive, Executive will be paid in accordance with any disability plans or policies of CBS in
existence on the date of termination and applicable to Executive.

     e. Termination Without Cause.

     (i) If CBS terminates Executive’s employment for any reason other than Cause, disability or
death, then Executive shall be entitled to receive from CBS, subject to any deduction and
withholding required by applicable law:

     (A) any base salary that was fully earned by Executive prior to the date of termination; and

     (B) for a period of nine (9) consecutive months following the date of termination (the
“Severance Period”), continuation of base salary, payable according to the normal payroll schedule
and practices of CBS.

     (ii) Any payments to Executive under this paragraph 3(e) are contingent upon Executive’s
continuing compliance with the Confidentiality Agreement (as defined in paragraph 4 of this
Agreement).

     (iii) For purposes of this paragraph 3(e) the “date of termination” shall be the later of: (A)
the date CBS provides Executive with notice of termination of her employment, or (B) the last date
Executive provides services on behalf of CBS, as set forth in the notice of termination provided to
Executive by CBS.

     (iv) CBS agrees that during the Severance Period, it will voluntarily fund the portion of
Executive’s COBRA premium that exceeds the dollar amount that Executive was required to contribute
towards health benefits as an employee of CBS immediately prior to termination.

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4. Executive’s Covenants Protecting CBS’s Business Resources

     On March 12, 2001 Executive and CBS entered into that certain Agreement on Confidentiality and
Non-Competition, a copy of which is attached hereto as Exhibit A and incorporated herein by
reference (the “Confidentiality Agreement”). The Parties hereby reaffirm and ratify all aspects of
the Confidentiality Agreement. The covenants in the Confidentiality Agreement will survive the
termination of this Agreement.

5. Miscellaneous

     a. Successors and Assigns. This Agreement will be binding upon and inure to the
benefit of (i) CBS and its successors and assigns and (ii) Executive and Executive’s heirs and
personal representatives. This Agreement is not assignable by Executive.

     b. Notices. All notices, requests, demands and other communications hereunder will be
in writing and will be deemed to have been duly given if personally delivered or delivered via
telecopy, overnight delivery, or prepaid certified or registered U.S. Mail, return receipt
requested, to the following addresses or to such other address as either Party may designate by
like notice.

	 	 	 

	If CBS, to:

	 	Frederick L. Kohnke, President

435 Elm Street

Suite 300

Cincinnati, Ohio 45202
	 
	 	 
	With a copy to:

	 	Stephen C. Mahon, Esq.

Squire, Sanders & Dempsey L.L.P.

312 Walnut Street, Suite 3500

Cincinnati, OH 45202
	 
	 	 
	If to Executive, to:

	 	Suzanne Perry

962 Surfridge Drive

Hebron, Kentucky 41048

     c. Entire Agreement; Modification. This Agreement and the Confidentiality Agreement
contain the entire agreement of the Parties about the subjects contained herein and therein, and
replace all prior contemporaneous oral or written agreements, understandings, statements,
representations and promises by either Party. No supplement, modification, or amendment to this
Agreement will be effective and binding unless the same is contained in a writing accepted and duly
executed by the Parties.

     d. Paragraph Headings. The paragraph headings used in this Agreement are included
solely for convenience and will not affect, or be used in connection with, the interpretation of
this Agreement.

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     e. Severability. The provisions of this Agreement will be deemed severable and the
invalidity or unenforceability of any provision will not affect the validity or enforceability of
the other provisions hereof.

     f. Governing Law. This Agreement will, except to the extent that federal law will be
deemed to apply, be governed by and construed and enforced in accordance with the laws of Ohio.

     g. Arbitration of Certain Disputes. Any dispute between the Parties arising out of
this Agreement, including but not limited to any dispute regarding any aspect of this Agreement,
its formation, validity, interpretation, effect, performance or breach, or the Executive’s
employment (“Arbitrable Dispute”) shall be submitted to arbitration in Cincinnati, Ohio, before an
experienced employment arbitrator who is either licensed to practice law in Ohio, or is a retired
judge. The Parties agree to make a good faith effort to select a mutually agreeable arbitrator.
However, if the Parties are unable to reach agreement on an arbitrator, one will be selected
pursuant to the Employment Dispute Resolution Rules of the American Arbitration Association or any
successor rules thereto. The arbitration shall be conducted in accordance with the Employment
Dispute Resolution Rules or any successor rules. The arbitrator in an Arbitrable Dispute shall not
have authority to modify or change this Agreement in any respect. The prevailing Party in any such
arbitration shall be awarded its costs, expenses, and reasonable attorneys’ fees incurred in
connection with the arbitration. The Executive and CBS shall each be responsible for payment of
one-half the amount of the arbitrator’s fee(s). The arbitrator’s decision and/or award will be
fully enforceable and subject to an entry of judgment by any court of competent jurisdiction.

     h. Jurisdiction and Venue in Judicial Proceedings. Any judicial action (not otherwise
subject to arbitration under paragraph 5(g) above) and arising under this Agreement, and not
otherwise prohibited by this Agreement, will be instituted only in state and/or federal courts
located in Cincinnati, Ohio. The Parties hereby expressly consent to the jurisdiction of and waive
any objection to venue in such courts.

     i. Counterparts. This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same
instrument.

     IN WITNESS WHEREOF, the Parties have executed this Agreement on the day and year first
hereinabove written.

	 	 	 	 	 
	 	CBS PERSONNEL HOLDINGS, INC.

 	 
	 	By:  	/s/ Frederick L. Kohnke
 	 
	 	 	Its: President 	 
	 
	 	/s/ Suzanne Perry
 	 
	 	Suzanne Perry 	 
	 	 	 	 

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Exhibit A

Agreement on Confidentiality and Non-Competition

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