Document:

EMPLOYMENT
      AGREEMENT

     

     

    Employment
      Agreement (“Agreement”), dated as of April 3, 2008, by and between Richard L.
      Kaplan, an individual with an address at 16839
      Sunset Blvd, Pacific Palisades, CA 90272 
      (“Executive”), and VEBA Administrators, Inc. doing business as Benefit Planning,
      Inc., a California corporation, with its principal office located at
4640
      Admiralty Way, 9th Floor, Marina Del Rey, CA 90292
      (the
“Company”). 

    

    RECITALS

    

    A. Pursuant
      to that certain Stock
      Purchase Agreement entered by and between National Investment Managers Inc.
      (“NIM”), the California Investment Annuity Sales, Inc. ("CIAS"), Richard
      L. Kaplan and Hana E. Kaplan Inter Vivos Trust Agreement dated 1/29/97 as
      amended and restated 1/10/03
      and
      Anthony S. Delfino dated April 3, 2008 (the “Purchase Agreement”), contemporaneously
      with the execution of this Agreement, CIAS was acquired by NIM. After the
      acquisition, CIAS will be an affiliate of the Company.

    

    B. Pursuant
      to the Purchase Agreement, NIM has agreed to cause the Company to retain
      Executive as an employee during the Term (as defined below).

    

    C. Executive
      desires to be employed by the Company during the Term, all upon the terms and
      conditions set forth herein. 

    

    NOW,
      THEREFORE, the Company and Executive agree as follows:

    

    1 Engagement;
      Duties.
      Subject
      to the terms and conditions set forth herein, the Company shall employ
      Executive, and Executive shall serve the Company, as Executive Consultant during
      the Term (as defined in Section 2). In such capacity, Executive shall perform
      duties and be assigned responsibilities that are substantially similar to those
      performed by the Executive immediately prior to the date hereof and as may
      be
      assigned to Executive from time to time consistent with the duties performed
      by
      the Executive immediately prior to the date hereof. During the Term, the
      Executive shall report to the Chief Executive Officer and Chief Operating
      Officer of NIM. During the Term, Executive shall use Executive’s reasonable
      efforts to promote the interests of the Company, shall perform Executive’s
      duties faithfully and diligently, consistent with sound business practices
      and
      shall devote Executive’s “full business time” to the performance of Executive’s
      duties for the Company in accordance with the terms hereof. For purposes of
      this
      Section 1, “full business time” shall mean an average of thirty five (35) hours
      per non vacation weeks during the Term (as defined below). 

    

    2 Term. Unless
      this Agreement is terminated pursuant to Section 6, the term of this Agreement
      (“Term”) shall be for a period of one (1) year,
      commencing on April 3, 2008 and expiring on April 3, 2009. 

    

    3 Compensation.
      As
      consideration for the performance by Executive of Executive’s obligations under
      this Agreement, the Company shall pay Executive a base salary as
      follows:

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    (A) During
      the Term, the Company shall pay Executive a base salary (“Base Salary”) at the
      annual rate equal to Ninety Dollars ($90,000) per year. 

    

    (B) An
      annual
      bonus shall be paid at the discretion of the Board of Directors of the Company
      which shall be equal to up to 50% of the Base Salary and shall be based on
      the
      performance criteria established by NIM’s President and Chief Operating Officer.
      In the event a bonus is declared for any of the other employees of the Company,
      then Executive shall receive a bonus, so long as the performance criteria have
      been satisfied. The bonus shall be payable no later than thirty (30) days after
      the end of each twelve (12) month period during the Term of this
      Agreement.

    

    (C) The
      Company shall pay the Executive fees as set forth on Schedule 1 attached hereto
      associated with new business generated by Executive. 

     

    (D) The
      Base
      Salary shall be payable in accordance with the Company’s normal payroll policy.
      The Company
      shall deduct from the Base Salary and any other compensation any federal, state
      or local withholding taxes, social security contributions and any other amounts
      which may be required to be deducted or withheld by the Company pursuant to
      any
      federal, state or local laws, rules or regulations.

    

    4 Reimbursement
      of Expenses; Fringe Benefits.

    

    (A) Expenses.
      During
      the Term, the Company shall reimburse Executive for ordinary and necessary
      business expenses incurred by Executive in the performance of Executive’s duties
      on behalf of the Company in accordance with the Company’s expense reimbursement
      policy.

    

    (B) Fringe
      Benefits.
      During
      the Term, Executive shall be entitled to those fringe benefits and perquisites
      that are provided to other similarly situated executives of the Company
      generally, including any health or other insurance, pension and/or retirement,
      or welfare plan. Notwithstanding the foregoing, the parties acknowledge and
      agree that Executive shall not be entitled to fringe benefits and perquisites
      identified as non-recurring on Exhibit
      A
      annexed
      hereto. 

    

    (C) Vacation. Executive
      shall be entitled to four (4) weeks paid vacation days during each calendar
      year
      of the Term, pro-rated for any partial calendar year, at such times as are
      mutually agreed upon by Executive and the Company.

    

    5 Relocation.
      In no
      event shall Executive be required to relocate or perform his services in another
      office or location which is more than twenty (20) miles distant from the
      Company's current principal office location. 

    

    6 Termination.
      Executive may terminate this Agreement in the event that John Davis’ employment
      as COO and President of NIM is terminated (the “Davis Termination”). The Company
      may terminate this Agreement upon Executive's death, and may terminate this
      Agreement at any earlier time at the option of the Company due to Executive's
      Disability (as defined below) or for Cause (as defined below).

    

    
      
         

      

      
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    (A) As
      used
      in this Agreement: 

    

    (i) The
      term
      "Disability" means the inability of Executive substantially to perform
      Executive’s duties and obligations under this Agreement for sixty (60)
      consecutive days or sixty (60) days in any one hundred twenty (120)-day period
      because of any mental or physical incapacity. 

    

    (ii) The
      term
      "Cause" means (A) any act by Executive that damages, in any material respect,
      the reputation, business or business relationships of the Company, (B) any
      action by Executive that constitutes a fraud against the Company, (C) the
      conviction of Executive of a felony, (D) Executive's refusal or failure to
      perform Executive’s duties that continues for a period of ten (10) business days
      after notice of such refusal or failure is given by the Company to Executive,
      (E) any material breach by Executive of this Agreement or any other agreement
      between Executive and the Company, or any affiliate of the Company, that
      continues for a period of ten (10) business days after notice of such breach
      is
      given by the Company to Executive, or (F) any failure by the Executive to
      maintain Executive’s securities registrations and other regulatory licenses and
      authorizations, including without limitation, any willful violation of
      applicable laws, rules or regulations by the Executive that results in the
      suspension or revocation of such registrations, licenses or
      authorizations.

    

    (iii) The
      term
“Termination Date” shall mean the earlier of the expiration of this Agreement or
      the effective date of the Company’s termination of this Agreement as provided in
      Section 6(A).

    

    (B) Payments
      to Executive Upon Termination of This Agreement. 

    

    (i) In
      the
      event this Agreement is terminated prior to the expiration of the Term by
      the
      Company without Cause, the Company shall pay to Executive the amounts set forth
      in this Section 6(B)(i)
      within
      thirty (30) days of the effective date of termination: (a)
      an
      amount equal to Executive’s accrued but unpaid Base Salary and earned but unpaid
      bonus prior to the date of termination; (b) reimbursement for any reimbursable
      business expenses incurred in accordance with this Agreement prior to the
      Termination Date; (c) Executive’s Base Salary for the remainder of the Term,
      payable as and when such Base Salary otherwise would have been payable in
      accordance with the Company’s payroll practices (provided, however, if the
      Company’s payroll practices change after the Executive has begun to receive
      payments under this Section 5(B)(i)(c), such payments shall continue to be
      made
      in accordance with the Company’s payroll practices prior to such change); and
      (d) any other amounts or benefits due under this Agreement and any benefit
      plan,
      or program through the remainder of the Term in accordance with the terms of
      said plan or program.
      For
      purposes of this Sections 6(B) (i) and (ii), the bonus calculation, including
      performance criteria, shall be prorated during any twelve month period in which
      a termination occurs. 

    

    (ii) In
      the
      event this Agreement is terminated prior to the expiration of the Term by
      Executive in the event of a Davis Termination or by the Company for Cause or
      due
      to Executive’s death or Disability or resignation as provided in the
      introductory paragraph of this Section 6 other than for the reasons described
in
      Section 6(B)(i) above, the Company shall pay to Executive the amounts set forth
      in this Section 6(B)(ii):
      (a) an
      amount equal to Executive’s accrued but unpaid Base Salary and earned but unpaid
      bonus prior to the date of termination; (b) reimbursement for any reimbursable
      business expenses incurred in accordance with this Agreement prior to the
      Termination Date; and (c) any other amounts or benefits due through the
      Termination Date under this Agreement and any benefit plan, or program in
      accordance with the terms of said plan or program. 

    

    
      
         

      

      
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    (iii) Upon
      expiration of the Term, the Company shall pay to Executive the amounts set
      forth
      in this Section 6(B) (iii): (a) all of Executive’s accrued but unpaid Base
      Salary and earned but unpaid bonus prior to the date of termination; (b)
      reimbursement for any reimbursable business expenses incurred in accordance
      with
      this Agreement prior to the end of the Term; and (c) any other amounts or
      benefits due through the end of the Term under this Agreement and any benefit
      plan, or program in accordance with the terms of said plan or program, but
      without duplication. 

    

    The
      Company’s obligations under Sections 6(B)(i), (ii) and (iii) shall survive
      termination of this Agreement.

    

    7 Non-Disclosure;
      Non-Solicitation. Reference
      is made to the
      Non-Solicitation and Non-Disclosure Agreement, of even date herewith, between
      NIM, the Company and Executive, which is incorporated herein by reference and
      shall survive the expiration or termination of this Agreement. 

    

    8 Representation
      and Warranty of Executive.
      Executive represents and warrants to Company that the execution and delivery
      of
      this Agreement and the performance of Executive’s obligations pursuant hereto
      shall not conflict with or result in a breach of any provisions of any (a)
      agreement, commitment, undertaking, arrangement or understanding to which
      Executive is a party or by which Executive is bound; or (b) order, judgment
      or
      decree of any court or arbitrator.

    

    9 General
      Provisions.

    

    (A) Notices.
      All
      notices and other communica-tions under this Agreement shall be in writing
      and
      may be given by personal delivery, registered or certified mail, postage
      prepaid, return receipt requested or generally recognized overnight delivery
      service. Notices shall be sent to the appropriate party at that party's address
      set forth above or at such other address for that party as shall be specified
      by
      notice given under this Section. All such notices and communications shall
      be
      deemed received upon (a) actual receipt by the addressee or (b) actual delivery
      to the appropriate address. Copies of notices hereunder shall be sent as
      follows: If to Executive - to: Richard
      L. Kaplan,,16839
      Sunset Blvd, Pacific Palisades, CA 90272, 
      Facsimile: 310-821-1529 with a copy to Michael A. Vanic, Esq., Reish Luftman
      Reicher & Cohen, 11755 Wilshire Blvd., Tenth Floor, Los Angeles, CA 90025,
      fax no. 310-478-5831; and if to the Company, to: VEBA
      Administrators, Inc., c/o National
      Investment Managers Inc., 485 Metro Place South, Suite 275, Dublin, Ohio 43017,
      fax no. (614) 923-5242 attention: Chief Financial Officer, and to: Law Offices
      of Stephen M. Fleming PLLC, 403 Merrick Avenue, 2nd
      Floor,
      East Meadow, New York 11554, fax no. 516 977 1209, attention: Stephen M.
      Fleming, Esq.

    

    (B) Assignment.
      This
      Agreement shall be binding upon, and inure to the benefit of, the parties'
      respective successors, permitted assigns, and heirs and legal representatives.
      This Agreement may be assigned to, and thereupon shall inure to the benefit
      of,
      any organization which succeeds to substantially all of the business or assets
      of the Company, whether by means of merger, consolidation, acquisition of all
      or
      substantially all of the assets of the Company or otherwise, including, without
      limitation, by operation of law. This Agreement is a personal services contract
      and may not be assigned by Executive nor may the duties of Executive hereunder
      be delegated by Executive to any other person. 

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    (C) Severability.
      If any
      provision of this Agreement, or the application of any provision to any person
      or circumstance, shall for any reason or to any extent be invalid or
      unenforceable, the remainder of this Agreement and the application of that
      provision to other persons or circumstances shall not be affected, but shall
      be
      enforced to the full extent permitted by law.

    

    (D) No
      Waiver.
      The
      failure of a party to insist upon strict adherence to any term of this Agreement
      on any occasion shall not be considered a waiver or deprive that party of the
      right thereafter to insist upon strict adherence to that term or any other
      term
      of this Agreement. Any waiver must be in writing.

    

    (E) Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of California applicable to agreements made and to be performed in that
      state, without regard to any of its principles of conflicts of laws or other
      laws that would result in the application of the laws of another jurisdiction.
      This Agreement shall be construed and interpreted without regard to any
      presumption against the party causing this Agreement to be drafted. Each of
      the
      parties hereby unconditionally and irrevocably waives the right to a trial
      by
      jury in any action, suit or proceeding arising out of or relating to this
      Agreement or the transactions contemplated hereby. Unless the matter is subject
      to Arbitration as provided in Section 9 (F), below, each of the parties
      unconditionally and irrevocably consents to the exclusive jurisdiction of the
      courts of the State of California located in the County of Los Angeles and
      the
      Federal court in the Central District of California with respect to any suit,
      action or proceeding arising out of or relating to this Agreement or the
      transactions contemplated hereby, and each of the parties hereby unconditionally
      and irrevocably waives any objection to venue in any such court.

    

    
      
         

      

      
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    (F) Arbitration.
      

    

    Arbitrable
      Claims.
      To the
      fullest extent permitted by law, all disputes between Executive (and his
      attorneys, successors, and assigns) and Company and its affiliates,
      members, shareholders, directors, officers, employees, agents, successors,
      insurers, attorneys, and assigns) of any kind whatsoever, including, without
      limitation, all disputes relating in any manner to the employment or termination
      of Executive, and all disputes arising under this Agreement, (“Arbitrable
      Claims”) shall be resolved by arbitration. All persons and entities specified in
      the preceding sentence (other than Company and Executive) shall be
      considered third-party beneficiaries of the rights and obligations created
      by
      this Section on Arbitration. 

     

    Procedure.
      Arbitration of Arbitrable Claims shall be before the Judicial Arbitration and
      Mediation Service (“JAMS”) in accordance with its Rules for the resolution of
      disputes, as amended, and as augmented in this Agreement. Arbitration shall
      be
      final and binding upon the parties and shall be the exclusive remedy for all
      Arbitrable Claims. Either party may bring an action in court to compel
      arbitration under this Agreement and to enforce an arbitration award. Otherwise,
      neither party shall initiate or prosecute any lawsuit or administrative action
      in any way related to any Arbitrable Claim. Notwithstanding the foregoing,
      either party may, at its option, seek injunctive relief pursuant to section
      1281.8 of the California Code of Civil Procedure. All arbitration hearings
      under
      this Agreement shall be conducted in Los Angeles, California. Company
      shall pay the arbitrator’s and JAMS’ fees and costs to the extent required by
      law. If
      the
      allocation of responsibility for payment of the arbitrator’s fees and costs
      would render the obligation to arbitrate unenforceable, the parties authorize
      the arbitrator to modify the allocation as necessary to preserve enforceability.
      The arbitrator shall apply and follow California Substantive and Evidence Law.
      The decision of the arbitrator shall be in writing and shall include a statement
      of the essential conclusions and findings upon which the decision is based.
      The
      interpretation and enforcement of this agreement to arbitrate shall be governed
      by the California Arbitration Act. THE PARTIES HEREBY WAIVE ANY RIGHTS THEY
      MAY
      HAVE TO TRIAL BY JURY IN REGARD TO ARBITRABLE CLAIMS, INCLUDING WITHOUT
      LIMITATION ANY RIGHT TO TRIAL BY JURY AS TO THE MAKING, EXISTENCE, VALIDITY,
      OR
      ENFORCEABILITY OF THE AGREEMENT TO ARBITRATE.

     

    (G) Attorneys'
      Fees.  In
      the event of any dispute between parties to this Agreement, the prevailing
      party
      shall be entitled to immediate payment of all costs incurred by such party
      in
      such dispute, including, but not limited to, court costs and reasonable
      attorneys' fees.

    

    (H) Counterparts.
      This
      Agreement may be executed in counterparts, both of which shall be considered
      an
      original, but both of which together shall constitute the same instrument.
      In
      addition, the parties may execute multiple original copies of this Agreement,
      each of which shall be considered an original, but all of which shall be
      considered the same Agreement.

    

    (I) Entire
      Agreement; Amendment.
      This
      Agreement contains the complete statement of all the arrangements between the
      parties with respect to its subject matter, supersedes all prior agreements
      between them with respect to that subject matter, and may not be changed or
      terminated orally. Any amendment or modification must be in writing and signed
      by the party to be charged.

    

    
      
         

      

      
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     IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Agreement as of the date first set forth
      above.

    

    
      	 	
              VEBA
                Administrators, Inc., doing business as Benefit Planning, Inc., a
                California corporation 

            
	 	 
	 	 
	 	
              By:
                /s/Steven Ross

            
	 	
              Name:
                Steven Ross

            
	 	
              Title:
                CEO

            
	 	 
	 	
              /s/
                Richard L. Kaplan

            
	 	
              Richard
                L. Kaplan

            

    

    

    

    

    

    

    

    

    

     

    

    

    

    

    [SIGNATURE
      PAGE - CONNER EMPLOYMENT AGREEMENT]

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    SCHEDULE
      1

    

    This
      Schedule I pertains only to new business generated by the
      Executive.

    

    
      	
              Type
                of revenue

            	
              Payment
                to Executive

            

    

    

    Part
      A

    

    
      	
              · 
                Referrals
                for TPA business

            	
              30%
                of the first year TPA fees (legal and plan administration), excludes
                amendments and restatement fees.

            

    

    

    

    Part
      B

    

    
      	
              · 
                Asset
                based installation allowance (on asset deposit/transfer and 1st
                year flow) received from insurance carrier 

            	
              30%
                of fee *

            
	
              · 
                Insurance
                & Securities Commissions

            	
              50%/50%
                split with NIVM (after Broker/Dealer fees)

            
	
              · 
                RIA
                Services “solicitor fees”

            	
              50%/50%
                split with NIVM

            
	
              · 
                RIA
                Services TPA allowance

            	
              100%
                NIVM

            
	
              · 
                Ins.
                Commission referral (inside NIVM)

            	
              30%
                referral fee (1st
                year revenue only) (i.e. VFE)

            
	
              · 
                Ins.
                Commission referral (outside NIVM)

            	
              50%/50%
                split with NIVM (i.e. Weinberg)

            
	
              · 
                TPA
                overrides from Ins. Carrier

            	
              100%
                NIVM

            

    

    

    *Exception
      for Brand Source case which is in progress. Installation allowance percentage
      to
      be increased as mutually agreed by Mr. Davis and Mr. Kaplan. 

     

    
      
         

      

      
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    EXHIBIT
      A

    

    

    Non-Recurring
      Fringe Benefits

    

    

    Auto
      reimbursement in excess of IRS mileage rate 

    Cell
      phones for spouses

    Reimbursement
      of Personal Disability Coverage 

    Reimbursement
      of Personal Long Term Care Insurance 

    Club
      Dues

    Key
      Man
      Insurance

    Exotic
      Travel

     

     

    
      
         

      

      
        9CONSULTING
      AGREEMENT

    

    THIS
      AGREEMENT,
      made,
      entered into, and effective this 3rd
      day of
      April, 2008 (the "Effective Date"), by and between Anthony S. Delfino, an
      individual resident of the state of California (hereinafter referred to as
      "Consultant"), VEBA
      Administrators, Inc., doing business as Benefit Planning, Inc., a California
      corporation, with its principal office located at 4640
      Admiralty Way, 9th Floor, Marina Del Rey, CA 90292
      ("Corporation").

    

    W
      I T N E S S E T H:

    

    WHEREAS,
      Consultant will provide valuable services to the Corporation and the Corporation
      realizes that Consultant has a keen understanding of the Corporation’s
      operations such that it would be desirable to retain Consultant's services
      under
      a consulting agreement; and

    

    WHEREAS,
      Consultant shall provide such consulting services for the Corporation as an
      independent contractor, with the understanding that he shall not be required
      to
      devote his full time to the business of the Corporation and shall be free to
      pursue other personal and business interests. 

    

    NOW,
      THEREFORE,
      in
      consideration of the premises, the mutual covenants of the parties herein
      contained and other good and valuable consideration, the receipt and sufficiency
      of which are hereby acknowledged by each of the parties hereto, it is agreed
      as
      follows:

    

    1.    CONSULTING
      ARRANGEMENT.
      The
      Corporation hereby contracts for the services of Consultant and Consultant
      agrees to perform such duties and responsibilities and to render advice and
      consulting as may be requested by the Corporation from time to time during
      the
      term of this consulting arrangement in connection with the Corporation's
      business throughout the United States and world wide ("Consulting Arrangement").
      Said consulting services shall include services as agreed upon by the
      Corporation and the Consultant required to service existing clients not to
      exceed 35 hours. Consultant shall not be required to perform his duties at
      the
      Corporation's location, but shall be permitted to perform these at the location
      of Consultant's choice. Consultant
      shall use his best efforts to keep the Corporation informed of all corporate
      business opportunities which shall come to his attention and appear beneficial
      to the Corporation's business so that the Corporation can obtain the maximum
      benefits from Consultant's knowledge, experience, and personal
      contacts.  

    2.    RELATIONSHIP
      BETWEEN PARTIES.
      During
      the term of the Consulting Arrangement, Consultant shall be deemed to be an
      independent contractor. He shall be free to devote his time, energy and skill
      to
      any such person, firm or company, as he deems advisable, except to the extent
      he
      is obligated to devote his time, energy and skill to the Corporation pursuant
      to
      the terms of this Agreement. The Corporation shall not withhold any taxes in
      connection with the compensation due Consultant hereunder, and Consultant will
      be responsible for the payment of any such taxes.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    3.    COMPENSATION
      FOR THE CONSULTING ARRANGEMENT.
      As
      consideration for the services to be rendered under the Consulting Arrangement
      by Consultant and as compensation for the income he could have otherwise earned
      if he had not agreed to keep himself available to the Corporation hereunder,
      the
      Corporation and the Consultant have agreed to the following
      compensation:

    

    
      
        	
              	(a)	
                Corporation
                  shall pay Consultant compensation in the aggregate amount of One
                  Hundred
                  Thousand Dollars ($100,000) during the Consulting Period at the
                  rate of
                  Eight Thousand Three Hundred Thirty Three Dollars and 34/00 ($8,333.34)
                  per month commencing April 3, 2008, and continuing each month thereafter
                  for a total of twelve (12) months.

              

      

    

     

    
      	
            	(b)	
              In
                connection with the generation of new business, the Corporation shall
                pay
                fees to the Consultant as set forth on Schedule 1 attached hereto.
                

            

    

    

    
      	
            	(c)	
              Corporation
                shall reimburse Consultant for all expenses reasonably incurred by
                Consultant in connection with the performance of Consultant's duties
                under
                this Agreement; provided that Consultant shall submit proof of such
                expenses prior to reimbursement within a reasonable amount of time
                following such expenses.

            

    

    

    
      	
            	(d)	
              Corporation
                shall provide Consultant with all necessary support in order for
                Consultant to perform his duties hereunder, including, but not limited
                to,
                access to an office, secretarial support, office telephones, machinery,
                equipment, supplies and other similar
                items.

            

    

    

    4.    TERM
      OF CONSULTING ARRANGEMENT.
      The
      Consulting Arrangement shall begin effective as of the Effective Date of this
      Agreement and shall continue for a period of twelve (12) months (the "Consulting
      Period"). 

    

    5.    TERMINATION.
      This
      Agreement may be terminated by either party upon sixty (60) days written notice
      to the other party. The Consultant may terminate this Agreement in the event
      that the employment of John Davis, COO and President of the Corporation, is
      terminated, effective immediately upon the effective date of such termination
      of
      employment.

     

    6.    ACCESS
      TO BOOKS AND RECORDS.  At
      all
      times during the Consulting Period, the Corporation will provide Consultant
      and
      his authorized representatives full access during normal business hours and
      upon
      reasonable prior notice to the premises, properties, books, records, assets,
      liabilities, operations, contracts, financial information and other data and
      information of or relating to the Corporation (including without limitation
      all
      written proprietary and trade secret information and documents, and other
      written information and documents relating to intellectual property rights
      and
      matters).

    

    
      
         

      

      
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    7.    NOTICES.
      All
      notices, consents, waivers, and other communications under this Agreement must
      be in writing and will be deemed to have been duly given when (a) delivered
      by hand (with written confirmation of receipt), (b) sent by facsimile (with
      written confirmation of receipt), provided that a copy is mailed by registered
      mail, return receipt requested, or (c) when received by the addressee, if
      sent by a nation-ally recognized overnight delivery service (receipt requested),
      in each case to the appropriate addresses and facsimile numbers set forth below
      (or to such other addresses and facsimile numbers as a party may designate
      by
      notice to the other parties): 

     

    IF
      TO CONSULTANT:

    

    Anthony
      S. Delfino

    1224
      West
      Bay 

    Newport
      Beach, CA 92661

    Phone:
      (949) 723-5652

    Facsimile:
      (949) 723-0866

    

    Copy
      to:

    

    Michael
      A. Vanic, Esq.

    Reish
      Luftman Reicher & Cohen

    11755
      Wilshire Blvd., Tenth Floor

    Los
      Angeles, CA 90025

    Phone:
      (310) 478-5656

    Facsimile: (310)
      478-5831

    

    IF
      TO CORPORATION:

    

    VEBA
      Administrators, Inc.

    c/o
      National Investment Managers Inc.

    485
      Metro
      Place South, Suite 275

    Dublin,
      Ohio 43017

    Attn:
      Steven Ross, CEO

    Phone:
      (614) 923-8822

    Facsimile:
      (614)
      923-5242

    

    Copy
      to:

    

    Stephen
      M. Fleming, Esq.

    Law
      Offices of Stephen M. Fleming PLLC

    403
      Merrick Avenue, 2nd
      Floor

    East
      Meadow, New York 11554

    Phone:
      (516) 833-5034

    Facsimile:
      (516) 977-1209

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    8.    BINDING
      EFFECT.
      This
      Agreement shall extend to, shall inure to the benefit of and shall be binding
      upon all the parties hereto and upon all of their respective heirs, successors
      and representatives.

    

    9.    ENTIRE
      AGREEMENT. This
      Agreement, including the agreements incorporated by reference, contains the
      entire Agreement among the parties hereto with respect to the matters
      contemplated hereby and supersedes all prior agreements and undertakings between
      the parties with respect to such matters. This Agreement may not be amended,
      modified or terminated in whole or in part, except in writing, executed by
      each
      of the parties hereto.

    

    10.    SEVERABILITY.
      Should
      any part of any provision of this Agreement be declared invalid by a court
      of
      competent jurisdiction, such decision or determination shall not affect the
      validity of any remaining portion of such provision or any other provision
      and
      the remainder of the Agreement shall remain in full force and effect and shall
      be construed in all respects as if such invalid or unenforceable provision
      or
      portion thereof were not contained herein. In the event of a declaration of
      invalidity, the provision or portion thereof declared invalid shall not
      necessarily be invalidated in its entirety, but shall be observed and performed
      by the parties to the Agreement to the extent such provision is valid and
      enforceable.

    

    11.    SECTION
      HEADINGS.
      The
      section headings contained herein are for convenience of reference only and
      shall not be considered any part of the terms of this Agreement.

    

    12.    GOVERNING
      LAW.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of California applicable to agreements made and to be performed in that
      state, without regard to any of its principles of conflicts of laws or other
      laws that would result in the application of the laws of another jurisdiction.
      This Agreement shall be construed and interpreted without regard to any
      presumption against the party causing this Agreement to be drafted. Each of
      the
      parties hereby unconditionally and irrevocably waives the right to a trial
      by
      jury in any action, suit or proceeding arising out of or relating to this
      Agreement or the transactions contemplated hereby. Unless the matter is subject
      to Arbitration as provided in Section 13, below, each of the parties
      unconditionally and irrevocably consents to the exclusive jurisdiction of the
      courts of the State of California located in the County of Los Angeles and
      the
      Federal court in the Central District of California with respect to any suit,
      action or proceeding arising out of or relating to this Agreement or the
      transactions contemplated hereby, and each of the parties hereby unconditionally
      and irrevocably waives any objection to venue in any such court.

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    13.    ARBITRATION. 

    

    (a)    Arbitrable
      Claims.
      To the fullest extent permitted by law, all disputes between Consultant (and
      his
      attorneys, successors, and assigns) and Corporation and its affiliates,
      members, shareholders, directors, officers, employees, agents, successors,
      insurers, attorneys, and assigns) of any kind whatsoever, including, without
      limitation, all disputes relating in any manner to the employment or termination
      of Consultant, and all disputes arising under this Agreement, (“Arbitrable
      Claims”) shall be resolved by arbitration. All persons and entities specified in
      the preceding sentence (other than Corporation and Consultant) shall be
      considered third-party beneficiaries of the rights and obligations created
      by
      this Section on Arbitration. 

     

    (b)    Procedure.
      Arbitration of Arbitrable Claims shall be before the Judicial Arbitration and
      Mediation Service (“JAMS”) in accordance with its Rules for the resolution of
      disputes, as amended, and as augmented in this Agreement. Arbitration shall
      be
      final and binding upon the parties and shall be the exclusive remedy for all
      Arbitrable Claims. Either party may bring an action in court to compel
      arbitration under this Agreement and to enforce an arbitration award. Otherwise,
      neither party shall initiate or prosecute any lawsuit or administrative action
      in any way related to any Arbitrable Claim. Notwithstanding the foregoing,
      either party may, at its option, seek injunctive relief pursuant to section
      1281.8 of the California Code of Civil Procedure. All arbitration hearings
      under
      this Agreement shall be conducted in Los Angeles, California.
      Corporation shall pay the arbitrator’s and JAMS’ fees and costs to the extent
      required by law. If
      the allocation of responsibility for payment of the arbitrator’s fees and costs
      would render the obligation to arbitrate unenforceable, the parties authorize
      the arbitrator to modify the allocation as necessary to preserve enforceability.
      The arbitrator shall apply and follow California Substantive and Evidence Law.
      The decision of the arbitrator shall be in writing and shall include a statement
      of the essential conclusions and findings upon which the decision is based.
      The
      interpretation and enforcement of this agreement to arbitrate shall be governed
      by the California Arbitration Act. THE PARTIES HEREBY WAIVE ANY RIGHTS THEY
      MAY
      HAVE TO TRIAL BY JURY IN REGARD TO ARBITRABLE CLAIMS, INCLUDING WITHOUT
      LIMITATION ANY RIGHT TO TRIAL BY JURY AS TO THE MAKING, EXISTENCE, VALIDITY,
      OR
      ENFORCEABILITY OF THE AGREEMENT TO ARBITRATE.

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    14.    ATTORNEYS'
      FEES.  In
      the event of any dispute between parties to this Agreement, the prevailing
      party
      shall be entitled to immediate payment of all costs incurred by such party
      in
      such dispute, including, but not limited to, court costs and reasonable
      attorneys' fees.

    

    IN
      WITNESS WHEREOF,
      Consultant has hereunto put his hand, and the Corporation has caused this
      instrument to be executed in its corporate name by its duly authorized officer,
      all as of the day and year first above written.

     

    
      	CONSULTANT:	 	 	CORPORATION:
	 	 	 	 
	 	 	 	VEBA Administrators, Inc., doing business
              as
Benefit Planning, Inc., a California corporation
	 	 	 	 
	/s/ Anthony
              S. Delfino	 	 	/s/ Steven
              Ross
	
              
Anthony
              S. Delfino	 	 	
              
Name:
              Steven Ross
	 	 	 	Title:
              CEO

    

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    SCHEDULE
      1

    

    This
      Schedule I pertains only to new business generated by
      Consultant.

     

    
      	Type of
              revenue	 	Payment to
              Consultant
	 	 	 
	Part A	 	 
	
              ·  Referrals
                for TPA business

            	 	
              30%
                of first year TPA fees (legal and plan admin), excludes amendments
                and
                restatement fees

            
	 	 	 
	Part B	 	 
	
              ·  Installation
                commission allowance/set up fees

            	 	
              30%
                of fees

            
	
              ·  Insurance
                & Securities Commissions

            	 	
              50%/50%
                split with NIVM (after Broker/Dealer fees)

            
	
              ·  RIA
                Services “solicitor fees”

            	 	
              50%/50%
                split with NIVM

            
	
              ·  RIA
                Services TPA allowance

            	 	
              100%
                NIVM

            
	
              ·  Ins.
                Commission referral (inside NIVM)

            	 	
              30%
                referral fee (1st
                year revenue only) (i.e. VFE)

            
	
              ·  Ins.
                Commission referral (outside NIVM)

            	 	
              50%/50%
                split with NIVM (i.e. Weinberg)

            
	
              ·  TPA
                overrides from Ins. Carrier

            	 	
              100%
                NIVM

            

    

     

    
      
         

      

      
        7

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