Document:

SHAREDLABS,
Inc.

EMPLOYMENT
AGREEMENT

 

This
Employment Agreement (this “Agreement”), dated August 14, 2017 between the Executive and the Company (the “Effective
Date”) is made by and between SharedLabs, Inc., a Delaware corporation (the “Company”), with a place of business
at 118 W Adams, Suite 200, Jacksonville, FL 32202 USA, and John F. Andrews (“Executive”), an individual residing at
197 Admirals Way South, Ponte Vedra Beach FL 32082.

 

The
Company agrees with you as follows:

 

1.
Position and Responsibilities. The Company will employ Executive and Executive shall serve as Executive Vice President
at Company, and perform the duties customarily associated with such capacity from time to time and at such place or places as
the Company shall reasonably designate or as shall be reasonably appropriate and necessary in connection with such employment.
The Company may ask, and Executive will agree, to serve as Chief Operating Officer or in other Officer roles from time to time.
At no time will Executive hold less title than Executive Vice President.

 

Subject
to Section 4 below, Executive will, to the best of your ability, devote your full time and best efforts to the performance of
your duties hereunder and the business and affairs of the Company. Executive agrees to perform such executive duties as may be
assigned to him from time-to-time by the Company’s Chief Executive Officer (CEO), or other executive as the CEO shall determine.
You will report to the Chief Executive Officer or other executive as the CEO shall determine.

 

Executive
will duly, punctually and faithfully perform and observe any and all rules and regulations which the Company may now or shall
hereafter establish governing the conduct of its business.

 

2.
Term of Employment; Termination. The effective date of this Agreement is the date first set forth above. Unless otherwise
mutually agreed in writing, this Agreement and your employment by the Company pursuant to this Agreement shall be terminated on
the earliest of:

 

(a).
Executive’s death, or any illness, disability or other incapacity in such that you are physically rendered unable regularly
to perform your duties hereunder for a period in excess of one hundred twenty (120) consecutive days or more than one hundred
eighty (180) days in any consecutive twelve (12) month period;

 

(b).
thirty (30) days after you, for any reason, give written notice to the Company of your termination;

 

(c).
thirty (30) days after the Company, with cause, gives written notice to you of your termination; and

 

(d).
August 14, 2020.

 

    	1

    	 

    

 

 

The
determination regarding whether you are physically unable regularly to perform your duties under (a) above shall be made by the
CEO. Your inability to be physically present on the Company’s premises shall not constitute a presumption that you are unable
to perform such duties, although you acknowledge that the CEO has the authority and prerogative to designate a work location in
the Jacksonville, FL area and require you to be present at times of his choosing.

 

Any
notice required to be given pursuant to this Section 2 shall be given in accordance with the provisions of Section 10 hereof.
The exercise of either party’s right to terminate this Agreement pursuant to subsections (b) or (c) above shall not abrogate
the rights and remedies of the terminating party regarding the breach, if any, giving rise to such termination.

 

You
may be terminated for cause if you are convicted of a felony or any crime involving moral turpitude, or participate in any fraud
against the Company, or willfully breach your duties to the Company, or wrongfully disclose any trade secrets or other confidential
information of the Company, or materially breach Section 4 of this Agreement or any material provision of the Employee Proprietary
Information Agreement, between you and the Company (the “Proprietary Information Agreement”), or if you fail or refuse
to perform duties as may be assigned to you by the Company’s Chief Executive Officer (CEO), the Company’s Board of
Directors, or other executive as the CEO or Board of Directors shall determine.

 

3.
Compensation. The Company shall pay to you for the services to be rendered hereunder as follows:

 

(a)
Base Salary. Base salary at an annual rate of $185,000 (one hundred eighty five thousand dollars), subject to increases
in accordance with the policies of the Company, as determined by its Board of Directors, in force from time to time, payable in
installments in accordance with Company policy. You shall also be entitled to all rights and benefits for which you shall be eligible
to participate in under a plan offered by the company which may include, executive bonus, group insurance, long-term disability,
life insurance, profit-sharing or other Company benefits which may be in force from time to time and provided to you or for the
Company’s employees generally.

 

(b)
Executive Bonus Incentive. An executive bonus incentive of $185,000 (one hundred eightyty five thousand dollars) (the “Target
Amount”) based on the Chief Executive Officer’s assessment of Executive’s performance in helping the Company
achieve it’s annual operating goals and other goals as assigned by the CEO.

 

    	2

    	 

    

 

 

(i).
Executive will be eligible for payment of the full Target Amount upon SharedLabs achieving 100% of its EBITDA target, regardless
of revenue achievement; or

 

(ii).
Executive will be eligible for payment of the full Target Amount upon SharedLabs reaching 125% of its revenue target, regardless
of EBITA achievement; or

 

(iii).
Executive will be eligible for payment of the full Target Amount upon achieving specific financial targets, as assigned by the
company, for his area of responsibility, regardless of revenue or EBIDTA achievement of the Company.

 

4.
Benefits. Executive shall be entitled to three (3) weeks of vacation and six (6) illness days per year during the term
of this Agreement.

 

In
the event Executive is terminated without cause pursuant to Section 2(c) hereof, (i) in addition to amounts payable under Section
7 hereof, the Company shall continue to pay your salary as provided in 3.1 above for the a period of three (3) months following
any such termination. Notwithstanding the foregoing, in the event that Executive is terminated without cause pursuant to Section
2(c) hereof in the first 90 days of employment, the Company shall continue to pay Executive’s salary as provided in 3.1
above for the a period of six (6) months

 

5.
Other Activities During Employment. Except with the prior written consent of the Chief Executive Officer, you will not
during the term of this Agreement undertake or engage in any other employment, occupation or business enterprise, other than those
in which you are a passive investor, provided however that no such investment can be made in a company that is competitive to
the Company. You may be a member of a board of directors or trustees, and engage in civic and not-for-profit activities, so long
as such activities do not materially interfere with the performance of your duties hereunder.

 

Except
with the prior written consent of the Chief Executive Officer, you will not acquire, assume or participate in, directly or indirectly,
any position, investment or interest known by you to be adverse or antagonistic to the Company, its business or prospects, financial
or otherwise.

 

During
the term of your employment by the Company, and except on behalf of the Company, you will not directly or indirectly, whether
as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever
engage in, become financially interested in, be employed by or have any business connection with any other person, corporation,
firm, partnership or other entity whatsoever which were known by you to directly compete with the Company, throughout the world,
in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that anything
above to the contrary notwithstanding, you may own, as a passive investor, securities of any competitor corporation, so long as
your direct holdings in any one such corporation shall not in the aggregate constitute more than 1% of the voting stock of such
corporation.

 

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6.
Former Employment. Executive represents and warrants that his employment by the Company will not conflict with and will
not be constrained by any prior employment or consulting agreement or relationship. You represent and warrant that you do not
possess confidential information arising out of prior employment which, in your best judgment, would be utilized in connection
with your employment by the Company, except in accordance with agreements between your former employer and the Company.

 

If,
in spite of the second sentence of Section 6, you find confidential information belonging to any former employer might be usable
in connection with the Company’s business, you will not intentionally disclose to the Company or use on behalf of the Company
any confidential information belonging to any of your former employers (except in accordance with agreements between the Company
and any such former employer). During your employment by the Company you will use in the performance of your duties all information
which is generally known and used by persons with training and experience comparable to your own and all information which is
common knowledge in the industry or otherwise legally in the public domain.

 

7.
Proprietary Information and Assignment of Ideas. Executive acknowledges and agrees that throughout the period of his employment
with the Company and continuing as long as I remain associated with the Company, I hold a fiduciary obligation to the Company
and its affiliates. I further agree and acknowledge that all Confidential and Proprietary Information, as such term is defined
below, in any form, is, and shall remain, the sole and exclusive property of the Company, and upon termination of my employment
with the Company, I hereby agree to return to the Company the originals and all copies of such Information within my possession
or control, regardless of form. I expressly agree never to disclose to any person or entity any Confidential and Proprietary Information
of the Company, of any subsidiary, or affiliate thereof, either during the term of my employment or at any time after termination
of such employment, except upon the Company’s express prior written authorization and consent.

 

8.
Confidential and Proprietary Information. As used in this Agreement, the term “Confidential and Proprietary Information”
shall mean any and all information and know-how not in the public domain, in any form, concerning the Company’s business
or financial affairs, including the business or financial affairs of the Company’s affiliates. By way of illustration but
not limitation, Confidential and Proprietary Information may include technical information, designs, drawings, processes, systems,
procedures, formulae, test data, improvements, price lists, financial data, code books, invoices and other financial statements,
computer programs, discs and printouts, sketches, and plans (engineering, architectural and otherwise), customer lists, telephone
numbers, names, addresses or any other compilation of information, written or unwritten, which is used in the business of the
Company or any subsidiary or affiliate and which gives the Company or any subsidiary or affiliate an opportunity to obtain an
advantage over competitors of SharedLabs.

 

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9.
Assignment of Ideas. All improvements, discoveries, inventions, designs, documents or other data (whether or not deemed
patentable) conceived, developed, made, perfected, acquired, or first reduced to practice, in whole or in part, in furtherance
of my employment with the Company or subsidiaries and affiliates shall be promptly disclosed to the Company, and I hereby assign
and transfer my right, interest and title thereto and such improvements, discoveries, inventions, designs, documents, or other
data shall become the property of the Company. I will join and render assistance in any proceedings, and execute any papers necessary
to file and prosecute applications for, and to acquire, maintain and enforce letters, patents, trademarks, registrations and/or
copyrights, both domestic and foreign, with respect to such improvements, discoveries, inventions, designs, documents, or other
data as required for vesting title to same in the Company.

 

10.
Post-Employment Consultation. Upon the termination or expiration of your employment with the Company pursuant to Sections
2(b) or (c) above, if mutually agreeable the Company shall have the option to retain you as a consultant by notifying you in writing
of its desire to so retain you within 30 days following the date of such expiration or termination. Such notice shall be mailed
to you at your last address as it appears in the Company’s records.

 

If
the Company retains you as a consultant, during the period of such retention you will hold yourself available to render services
for up to 24 months for not more than 16 hours per month, for which the Company shall pay you monthly under this Section 10 an
amount equal to 25% of your monthly basic salary obtaining under Section 3 at the time of termination of your employment, whether
or not you are called upon to render any services in any such month. Any out-of-pocket expenses which your consulting activities
for the Company may require will be reimbursed in accordance with the Company’s policies in force at that time.

 

During
any period in which you are retained by the Company as a consultant, the Company may terminate your status as a consultant by
giving you 90 days written notice, during which 90-day period you shall continue to receive your monthly consulting fee but shall
not be obligated to render or hold yourself available to render any consulting services during such period. Thereafter the Company
shall have no further liability for consulting fees. All other prohibitions of the Proprietary Information Agreement shall survive
termination of your status as a consultant.

 

11.
Post-Employment Activities. If the Company retains you as a consultant pursuant to Section 10, above, then the following
restrictions shall apply so long as the Company retains you as a consultant:

 

(a)
Absent the Company’s prior written approval, you will not directly or indirectly engage in activities (similar or reasonably
related to those in which you engaged hereunder during the two years immediately preceding the termination of your employment
with the Company), nor render services (similar or reasonably related to those which you rendered hereunder during such two years)
in either case to any firm or business organization which directly competes with the Company in any line of business engaged in
(or planned to be engaged in) by the Company, whether now existing or hereafter established, nor shall you engage in such activities
or render such services to any other person or entity engaged or about to become engaged in such activities to, for or on behalf
of any such firm or business organization, nor shall you entice, induce or encourage any of the Company’s other employees
to engage in any activity which, were it done by you, would violate any provision of this Agreement.

 

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(b)
The Company may give you written approval(s) to engage personally in any activity or render services referred to in Subsection
(a), above, if it secures written assurances (satisfactory to the Company) from you and from the prospective employer(s) that
the integrity of the Proprietary Information provisions of this Agreement will not in any way be jeopardized by such activities,
provided the burden of so establishing the foregoing to the satisfaction of the Company shall be borne by Executive.

 

(c)
The provisions of Sections 6, 10, and 11 shall be applicable to you and you shall comply therewith. As applied to such consulting
period, the term “any line of business engaged in (or planned to be engaged in) by the Company”, as used in Section
6, 10, and 11, shall be applied as at the date of termination of your employment.

 

12.
Remedies. Your duties under the with respect to Proprietary Information set forth in this Agreement shall survive termination
of your employment with the Company. You acknowledge that a remedy at law for any breach or threatened breach by you of the provisions
of those Proprietary Information provisions would be inadequate and you therefore agree that the Company shall be entitled to
injunctive relief in case of any such breach or threatened breach.

 

13.
Assignment. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Company or by you.

 

14.
Notices. Any notice which the Company is required or may desire to give you shall be given by personal delivery or registered
or certified mail, return receipt requested, addressed to you at the address of record with the Company, or at such other place
as you may from time to time designate in writing. Any notice which you are required or may desire to give to the Company hereunder
shall be given by personal delivery or by registered or certified mail, return receipt requested, addressed to the Company at
its principal office, or at such other office as the Company may from time to time designate in writing. The date of personal
delivery or the date of mailing any such notice shall be deemed to be the date of delivery thereof.

 

    	6

    	 

    

 

15.
Waiver. If either party should waive any breach of any provisions of this Agreement, he or it shall not thereby be deemed
to have waived any preceding or succeeding breach of the same or any other provision of this Agreement.

 

16.
Headings. The headings of the sections hereof are inserted for convenience only and shall not be deemed to constitute a
part hereof nor to affect the meaning thereof.

 

17.
Attorney Fees. If either party hereto brings any action to enforce its rights hereunder, the prevailing party in any such
action shall be entitled to recover his or its reasonable attorneys’ fees and costs incurred in connection with such action.

 

18.
Separability. This Agreement shall be deemed to consist of a series of separate covenants. Executive expressly agrees that
the character of such covenants are reasonable in light of the circumstances as they exist on the date upon which this Agreement
has been executed. However, should a determination nonetheless be made by a court of competent jurisdiction at a later date that
the character is unreasonable in light of the circumstances as they now or then exist, then it is Executive’s intention
that this Agreement be construed by the court in such a manner as to impose those restrictions on my conduct which are reasonable
in light of such circumstances and as are necessary assure the Company of the intended benefit of this Agreement. If, any judicial
proceeding, a court shall refuse to enforce all of the separate covenants herein because, taken together, they are deemed to be
more extensive than necessary to assure the Company of the intended benefit of this Agreement, Executive expressly agrees that
those of such covenants which, if eliminated, would permit the remaining separate covenants to be enforced shall, for the purpose
of such proceeding, be deemed eliminated from the provisions hereof. If any of the provisions of this Agreement shall otherwise
contravene or be invalid under the laws of the State of Florida, such contravention or invalidity shall not invalidate this Agreement
in its entirety but rather this Agreement be construed, insofar as the laws of the State of Florida are concerned, as not containing
the provision or provisions contravening or invalid under the laws of the State of Florida, and the remaining rights and obligations
created hereby shall be construed and enforced accordingly.

 

19.
Entire Agreement. This Agreement supersedes any agreement previously executed by me relating to the subject matter hereof.
This Agreement shall inure to the benefit of the successors and assigns of SharedLabs and shall be binding upon my heirs, assigns,
administrators and representatives. The foregoing is the entire agreement of the parties with respect to the subject matter hereof
and thereof and may not be amended, supplemented, canceled or discharged except by written instrument executed by both parties
hereto.

 

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20.
Governing Law. This Agreement shall in all respects be governed, construed and enforced in accordance with the laws of
the State of Florida, excluding its principles of conflicts of laws.

 

21.
Legal Review. I acknowledge that I have read and understand the contents of this Agreement, and have been afforded the
opportunity to obtain the advice of my own attorney in connection with the execution and delivery of this Agreement.

 

22.
Legal Relief. In the event Executive breaches or threatens to breach any of the provisions expressed herein, I recognize
and agree that the damages to the Company will be great and irreparable; therefor, the Company may apply to a court of competent
jurisdiction for injunctive or other equitable relief to restrain such breach or threat of breach, without disentitling the Company
from any other relief in either law or equity.

 

22.
Other Agreements. I hereby represent that I am not bound by the terms of any agreement with any previous employer or other
party to refrain from using or disclosing any trade secret or confidential or proprietary information in the course of my employment
with the Company or to refrain from competing, directly or indirectly with the business of such previous employer or any other
party. I further represent that my performance of all the terms of this Agreement and as an employee of the Company does not and
will not breach any agreements to keep in confidence proprietary information, knowledge or data acquired by me in confidence or
in trust prior to my employment with the Company.

 

23.
Stock Options. The Company may grant to Executive stock options from time to time to purchase one or more classes of the
Company’s stock in amounts determined from at the time of such grant.

 

(i)
As a one-time inducement to sign this agreement, the Company will issue Executive stock options in the amount equal to one year’s
annual salary, and

 

(ii)
provided the Board of Directors determines that the Company has achieved 100% of its revenue and EBIDTA targets (as detailed above)
in 2017, the Company will grant Executive an additional tranche of Stock Options in an amount equal to one time Executives annual
salary.

 

24.
The words “I,” “me,” “my,” “you,” “your,” “his,” “consultant”
and “Executive” refer exclusively to Executive.

 

The
rest of this page intentionally left blank.

 

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	SharedLabs,
    Inc.	 
	 	 	 
	By:		 
	 	Jason
    M. Cory, Chief Executive Officer	 
	Date:
    	August
    14, 2017	 
	 	 	 
	 	 
	John
    F. Andrews, Chief Operating Officer	 
	Date:
    	August
14 , 2017	 
	 	 	 

 

    	9EMPLOYMENT
AGREEMENT

 

This
Employment Agreement (this “Agreement”), dated June 22, 2017 (the “Effective Date”) is made by and between
SharedLabs, Inc., a Delaware corporation (the “Company”), with a place of business at 118 West Adams Street, Suite
200, Jacksonville, Florida 32202, and Timothy Rahman, (“Executive”), an individual residing at 4722 Laurette Street,
Torrance, California, 90503.

 

The
Company agrees with you as follows:

 

1.
Position and Responsibilities.

 

1.1
The Company will employ you and you shall serve in an executive capacity as Executive Vice President and Chief Financial Officer
of the Company. 

 

1.2
Executive shall perform the duties customarily associated with such capacity from time to time and at such place or places
as the Company shall reasonably designate or as shall be reasonably appropriate and necessary in connection with such employment.

 

1.3
Subject to Section 4 below, Executive will devote his full time and best efforts to the performance of his duties hereunder
and the business and affairs of the Company. Executive agrees to serve as an officer of the Company if elected by the Board, and
to perform those executive duties as may be assigned to him by the Company’s Chief Executive Officer (CEO) from time to
time. You will report to the CEO. 

 

1.4
You will duly, punctually and faithfully perform and observe any and all rules and regulations which the Company may now or
shall hereafter establish governing the conduct of its business.

 

2.
Term of Employment; Termination.

 

2.1
Unless otherwise mutually agreed in writing, this Agreement and your employment by the Company pursuant to this Agreement
shall start on or before July 24, 2017 (the “Start Date”) and may be terminated on the earliest of:

 

(a)
your death, or any illness, disability or other incapacity in such a manner that you are physically rendered unable regularly
to perform your duties hereunder for a period in excess of one hundred twenty (120) consecutive days or more than one hundred
eighty (180) days in any consecutive twelve (12) month period;

 

(b)
thirty (30) days after you, for any reason, give written notice to the Company of your termination;

 

    	1

    	 

    

 

(c)
thirty (30) days after the Company, with cause (as defined in Section 2.4 below), gives written notice to you of your termination;
and

 

(d)
July 31, 2019.

 

For
the avoidance of doubt, absent the occurrence of an event described in clauses (a), (b) or (c) above, this Agreement may not be
terminated prior to July 31, 2019.

 

2.2
The determination regarding whether you are physically unable regularly to perform your duties under Subsection 2.1(a) above
shall be made by the Board of Directors in its reasonable discretion. Your inability to be physically present on the Company’s
premises shall not constitute a presumption that you are unable to perform such duties.

 

2.3
Any notice required to be given pursuant to this Section 2 shall be given in accordance with the provisions of Section 10
hereof. The exercise of either party’s right to terminate this Agreement pursuant to Subsections 2.1(b) or 2.1(c), above,
shall not abrogate the rights and remedies of the terminating party regarding the breach, if any, giving rise to such termination.

 

You
may be terminated for cause if, in the reasonable determination of the Company’s Board of Directors, (a) you are convicted
of any felony or of any crime involving moral turpitude, or (b) participate in any fraud against the Company, or (c) willfully
breach your duties to the Company, or (d) fail to follow the lawful and reasonable direction of the Chief Executive Officer or
Board of Directors, or (e) wrongfully disclose any trade secrets or other confidential information of the Company, or (f) materially
breach Section 4 of this Agreement or any material provision of the Employee Proprietary Information Agreement, between you and
the Company (the “Proprietary Information Agreement”);

 

3.
Compensation:

 

3.1
The Company shall pay to you for the services to be rendered hereunder as follows:

 

(a)
Base Salary. Base salary at an annual rate of $200,000.00 (two hundred thousand dollars) subject to increase in accordance
with the policies of the Company in force from time to time, payable in installments in accordance with the Company policy. You
shall also be entitled to all rights and benefits for which you shall be eligible under bonus, pension, group insurance, long-term
disability, life insurance, profit-sharing or other Company benefits which may be in force from time to time and provided to you
or for the Company’s employees generally.

 

(b)
Executive Bonus Incentive. An executive bonus incentive of up to 100% of your base salary (two hundred thousand dollars) (the
“Target Amount”) determined as follows:

 

    	 	2	 

     

    

 

(1)
75% of the Target Amount will be paid if the Company achieves its budgeted revenue and EBITDA targets, which targets will be established
by the CEO with 45 days of the effective date of this Agreement, and

 

(2)
25% of the Target amount will be paid based on your meeting certain management business objectives, which objective will be established
by the CEO within 45 days of the effective date of this Agreement. They are expected to include defined outcomes from integration
leadership and execution activities and other business operations activities.

 

3.2
You shall be entitled to 3 weeks’ vacation as well as additional paid time off which may include Company holidays and
illness days during the term of this Agreement consistent with the Company’s standard practice for its executive employees.

 

3.3
The Board of Directors Compensation Committee will consider you for an award, annually, and may award you, in its sole discretion,
options to purchase shares in the Company at their then fair market value, or at a value below the then fair market value, in
an amount up to one times your base salary. Notwithstanding the foregoing, the Board of Directors Compensation Committee may consider
Executive for additional grants of options to purchase shares in the Company, in amounts below or in excess of one times his annual
salary, at other times. 

 

4.
Other Activities During Employment.

 

4.1
Except with the prior written consent of the Company’s Board of Directors, you will not during the term of this Agreement
undertake or engage in any other employment, occupation or business enterprise, other than ones in which you are a passive investor.
You may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance
of your duties hereunder.

 

4.2
Except as permitted by Section 4.3, you will not acquire, assume or participate in, directly or indirectly, any position,
investment or interest known by you to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.

 

4.3
During the term of your employment by the Company except on behalf of the Company, you will not directly or indirectly, whether
as an officer, director, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever
engage in, become financially interested in, be employed by or have any business connection with any other person, corporation,
firm, partnership or other entity whatsoever which were known by you to directly compete with the Company, throughout the world,
in any line of business engaged in (or planned to be engaged in) by the Company provided, however, that anything
above to the contrary notwithstanding, you may own, as a passive investor, securities of any competitor company, so long as your
direct holdings in any one such company shall not in the aggregate constitute more than 1% of the voting stock of such company.

 

    	 	3	 

     

    

 

	4.4	Executive
    acknowledges that by virtue of my employment by the Company, he will obtain such knowledge, know-how, training and experience
    that there is substantial probability, even without unauthorized disclosure of any Confidential and Proprietary Information,
    that such knowledge, know-how, training and experience could be used to the substantial advantage of a competitor of the Company
    and to the Company’s substantial detriment. Therefore, in consideration of Executive’s employment by the Company,
    including the benefits and compensation paid to him, and for other valuable consideration received, Executive expressly agrees
    and covenants that, in the absence of the Company’s prior written approval, at no time during the term of his employment
    by the Company or for a period of eighteen (18) months immediately following the termination thereof will he, for himself
    or on behalf of or in conjunction with any other person, partnership, company, entity or corporation, (i) acquire, or induce
    any other person to acquire, either directly or indirectly, any material obligation, responsibility, benefit or interest that
    competes , directly or indirectly, with the Company, or (ii) accept any position with any person, partnership, company, entity
    or corporation in competition with the Company or its affiliates where my knowledge of the Company’s business activities
    will be utilized to the advantage of the Company’s competitor and to the Company’s detriment.
	 	 
	 	Furthermore,
    Executive expressly agrees and covenants that, in the absence of the Company’s prior written approval, at no time during
    the term of employment by the Company or for a period of eighteen (18) months immediately following the termination thereof
    will he, for himself or on behalf of or in conjunction with any person, partnership, company, entity or corporation that competes
    with the Company, solicit or service or attempt to service any customers or clients of the Company, for whom he directly or
    indirectly performed services within eighteen (18) months of his termination of employment, or potential customers of the
    Company for whom he, on behalf of the Company, participated in the preparation or submission of bids or proposals, including
    pricing, costing and other financial matters, within) eighteen (18) months of the termination of my employment. Executive
    further agrees and covenants that during the term of his employment by the Company and for a period of eighteen (18) months
    immediately following the termination of said employment, he will not take any other action for the purpose of competing with
    the Company.
	 	 
	 	The
    running of the period during which Executive may not engage in the activities hereinabove specified shall be tolled during
    any period or periods in which there is litigation pending concerning the breach of this Paragraph 4 of this Agreement and
    during any period when an injunction or restraining order is in effect restraining such a breach during the course of any
    legal action.

 

    	 	4	 

     

    

 

5.
Former Employment.

 

5.1
Executive represents and warrants that his employment by the Company will not conflict with and will not be constrained by
any prior employment or consulting agreement or relationship. Executive represents and warrants that he does not possess confidential
information arising out of prior employment which, in his best judgment, would be utilized in connection with his employment by
the Company, except in accordance with agreements between his former employer and the Company.

 

5.2
If, in spite of the second sentence of Section 5.1, Executive should find that confidential information belonging to any former
employer might be usable in connection with the Company’s business, he will not intentionally disclose to the Company or
use on behalf of the Company any confidential information belonging to any of his former employers (except in accordance with
agreements between the Company and any such former employer); but during his employment by the Company he will use in the performance
of his duties all information which is generally known and used by persons with training and experience comparable to his own
and all information which is common knowledge in the industry or otherwise legally in the public domain.

 

5.3
Proprietary Information and Assignment of Ideas. Executive acknowledges and agree that throughout the period of employment
with Company and continuing as long as he remains associated with Company, he will hold a fiduciary obligation to Company, including
its affiliates. Executive further agrees and acknowledges that all Confidential and Proprietary Information, as such term is defined
below, in any form, is, and shall remain, the sole and exclusive property of Company, and upon termination of employment with
Company, he hereby agrees to return to Company the originals and all copies of such Information within his possession or control,
regardless of form. Executive expressly agrees never to disclose to any person or entity any Confidential and Proprietary Information
of Company, of any subsidiary, or affiliate thereof, either during the term of his employment or at any time after termination
of such employment, except upon the express prior written authorization and consent of Company.

 

5.4
Confidential and Proprietary Information. As used in this Agreement, the term “Confidential and Proprietary Information”
shall mean any and all information and know-how not in the public domain, in any form, concerning Company’s business or
financial affairs, including the business or financial affairs of Company’s affiliates. By way of illustration, Confidential
and Proprietary Information may include technical information, designs, drawings, processes, systems, procedures, formulae, test
data, improvements, price lists, financial data, code books, invoices and other financial statements, computer programs, discs
and printouts, sketches, and plans (engineering, architectural and otherwise), customer lists, telephone numbers, names, addresses
or any other compilation of information, written or unwritten, which is used in the business of Company or any subsidiary or affiliate
and which gives Company or any subsidiary or affiliate an opportunity to obtain an advantage over competitors of Company.

 

    	 	5	 

     

    

 

5.5
Assignment of Ideas. All improvements, discoveries, inventions, designs, documents or other data (whether or not deemed
patentable) conceived, developed, made, perfected, acquired, or first reduced to practice, in whole or in part, in furtherance
of Executive’s employment with Company or its subsidiaries and affiliates shall be promptly disclosed to Company, and Executive
hereby assigns and transfers his right, interest and title thereto and such improvements, discoveries, inventions, designs, documents,
or other data shall become the property of Company. Executive will join and render assistance in any proceedings, and execute
any papers necessary to file and prosecute applications for, and to acquire, maintain and enforce letters, patents, trademarks,
registrations and/or copyrights, both domestic and foreign, with respect to such improvements, discoveries, inventions, designs,
documents, or other data as required for vesting title to same in Company.

 

6.
[RESERVED]

 

7.
[RESERVED]

 

8.
Remedies. Executive’s duties
under the with respect to Proprietary Information set forth in this Agreement shall survive termination of your employment with
the Company. Executive acknowledges that a remedy at law for any breach or threatened breach by him of the provisions of those
Proprietary Information provisions would be inadequate and Executive therefore agrees that the Company shall be entitled to injunctive
relief in case of any such breach or threatened breach.

 

9.
Assignment. Neither this Agreement
nor any rights or obligations hereunder may be assigned by the Company or by Executive. 

 

10.
Notices. Any notice which the Company
is required or may desire to give Executive shall be given by personal delivery or registered or certified mail, return receipt
requested, addressed to Executive at the address of record with the Company, or at such other place as Executive may from time
to time designate in writing. Any notice which Executive is required or may desire to give to the Company hereunder shall be given
by personal delivery or by registered or certified mail, return receipt requested, addressed to the Company at its principal office,
or at such other office as the Company may from time to time designate in writing. The date of personal delivery or the date of
mailing any such notice shall be deemed to be the date of delivery thereof.

 

    	 	6	 

     

    

 

11.
Waiver. If either party should waive
any breach of any provisions of this Agreement, he or it shall not thereby be deemed to have waived any preceding or succeeding
breach of the same or any other provision of this Agreement.

 

12.
Headings. The headings of the sections
hereof are inserted for convenience only and shall not be deemed to constitute a part hereof nor to affect the meaning thereof.

 

13.
Attorney Fees. If either party hereto
brings any action to enforce its rights hereunder, the prevailing party in any such action shall be entitled to recover his or
its reasonable attorneys’ fees and costs incurred in connection with such action.

 

14.
Separability. This Agreement shall
be deemed to consist of a series of separate covenants. Executive expressly agrees that the character of such covenants are reasonable
in light of the circumstances as they exist on the date upon which this Agreement has been executed. However, should a determination
nonetheless be made by a court of competent jurisdiction at a later date that the character is unreasonable in light of the circumstances
as they now or then exist, then it is the party’s intention that this Agreement be construed by the court in such a manner
as to impose those restrictions on my conduct which are reasonable in light of such circumstances and as are necessary assure
Company of the intended benefit of this Agreement. If, any judicial proceeding, a court shall refuse to enforce all of the separate
covenants herein because, taken together, they are deemed to be more extensive than necessary to assure Company of the intended
benefit of this Agreement, Executive expressly agrees that those of such covenants which, if eliminated, would permit the remaining
separate covenants to be enforced shall, for the purpose of such proceeding, be deemed eliminated from the provisions hereof.
If any of the provisions of this Agreement shall otherwise contravene or be invalid under the laws of the State of Delaware, such
contravention or invalidity shall not invalidate this Agreement in its entirety but rather this Agreement be construed, insofar
as the laws of the State of Delaware are concerned, as not containing the provision or provisions contravening or invalid under
the laws of the State of Delaware, and the remaining rights and obligations created hereby shall be construed and enforced accordingly.

 

15.
Entire Agreement. This Agreement supersedes
any agreement previously executed by the parties relating to the subject matter hereof. This Agreement shall inure to the benefit
of the successors and assigns of Company and shall be binding upon Executive’s heirs, assigns, administrators and representatives.
The foregoing is the entire agreement of the parties with respect to the subject matter hereof and thereof and may not be amended,
supplemented, canceled or discharged except by written instrument executed by both parties hereto.

 

    	 	7	 

     

    

 

16.
Governing Law. This Agreement shall
in all respects be governed, construed and enforced in accordance with the laws of the State of Delaware, excluding its principles
of conflicts of laws.

 

17.
Legal Review. Executive acknowledges
that he has read and understands the contents of this Agreement, and has been afforded the opportunity to obtain the advice of
his own attorney in connection with the execution and delivery of this Agreement.

 

18.
Legal Relief. In the event Executive breaches or threaten to breach any of the provisions expressed herein, he
recognizes and agrees that the damages to Company will be great and irreparable; therefor, Company may apply to a court of competent
jurisdiction for injunctive or other equitable relief to restrain such breach or threat of breach, without disentitling Company
from any other relief in either law or equity.

 

19.
Other Agreements. Executive represents that his performance of all the terms of this Agreement and as an employee of
Company does not and will not breach any agreements to keep in confidence proprietary information, knowledge or data acquired
by him in confidence or in trust prior to my employment with Company.

 

20.
Initial Options Grant and Co-Invest Opportunity: Upon execution of this agreement, you shall receive a warrant
to purchase $200,000 in SharedLabs, Inc., which valuation shall be based on a Company Valuation of $68.2 Million Dollars, which
is the same value given to our roll-over equity for the transactions closing June 30th 2017. The warrant grant is contingent
upon the employee executing this agreement and the SharedLabs, Inc Warrant Agreement, and on beginning employment by the Start
Date.

 

You
also have the opportunity to co-invest in SharedLabs, Inc. at the most current, board approved stock price. Co-investing is contingent
upon executing a SharedLabs, Inc. Subscription Agreement for this offering and the employee meeting the requirements to be a qualified
investor. The minimum Co-investing opportunity is $100,000 and the Company will match the value of your co-invest, up to $500,000,
with an equal number of shares issued and warrants to purchase additional SharedLabs, Inc. stock on the same terms as are included
in the current “Special Pre Money Valuation Offering for Closing”, which is $25,000,000. You have until June 23, 2017
to execute and June 28, 2017 to fund your co-investment. The co-investment funds will be held in escrow in accordance with the
Escrow Agreement.

 

As
outlined in Exhibit A below, you have elected to co-invest $200,000. This investment is being made prior to the Start Date and
you shall have the right, but not the obligation, to require the Company to refund such co-investment amount in the event that
(a)the Company fails to consummate the transactions described in the Subscription Agreement by the dates defined in the Subscription
Agreement, (b) the Company defers your Start Date such that your employment has not begun on or prior to September 1, 2017, (c)
you are terminated without cause (as defined in Section 2.4 above) or the Company otherwise materially breaches its obligations
hereunder, in each case only within the six-month period following the Start Date, or (d) mutually acceptable forms of the above-referenced
equity documents are not delivered to you and executed within sixty (60) days following the Start Date. The Company shall refund
any co-investment as required hereunder within thirty (30) days following your written demand therefor.

 

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rest of this page intentionally left blank.

 

    	 	8	 

     

    

 

IN
WITNESS WHEREOF, each of Company and Executive have caused this Agreement to be executed as of the date first written above.

 

	SharedLabs,
    Inc.	 
	 	 	 
	By:
    	 	 
	 	Jason
    M. Cory, Chief Executive Officer	 
	Date:
    June 22, 2017	 
	 	 	 
	Accepted
    and agreed this ____ day of June, 2017	 
	 	 	 
	 	 	 
	Executive	 	 
	Name:
    	Timothy
    Rahman	 
	Date:
    06/22/2017	 

 

    	 	9	 

     

    

 

EXHIBIT
A

CO-INVEST
AND MATCH SCHEDULLE

 

    	 	10

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