Document:

Restricted Stock Grant/Subject to Vesting

	

Exhibit 10.15 

RESTRICTED STOCK
GRANT/SUBJECT TO VESTING 

			
	Name of Employee: ________________________		No. of shares: _______

	

1ST CONSTITUTION
BANCORP 
 STOCK AGREEMENT 

(ISSUED PURSUANT TO
THE EMPLOYEE STOCK OPTION  
AND RESTRICTED STOCK PLAN) 

        1st
Constitution Bancorp, a New Jersey corporation (the “Company”), this __ day of
_________, ____ (the “Grant Date”) hereby grants to _______________ (the
“Grantee”), an Employee of the Company or a Subsidiary thereof, pursuant to the
Company’s Employee Stock Option and Restricted Stock Plan (the “Plan”),
______ shares of the Common Stock of the Company (“Common Stock”) on the terms
and conditions hereinafter set forth. 

             1.               
          Incorporation by Reference of Plan.  The provisions of the
          Plan, a copy of which is being furnished herewith to the Grantee, are
          incorporated by reference herein and shall govern as to all matters not
          expressly provided for in this Agreement. Capitalized terms not defined herein
          have the meaning set forth in the Plan. In the event of any conflict between the
          terms of this Agreement and the Plan, the terms of the Plan shall govern.   

             2.               
          Grant of Common Stock.     In exchange for services rendered to
          the Company by the Grantee, the Company hereby grants (the “Grant”) to
          the Grantee _______ shares (the “Shares”) of Common Stock (subject to
          adjustment as provided in Section 5 hereof), subject to the terms and conditions
          set forth hereinafter and in the Plan.   

             3.               
          Vesting of Grant.     The Shares shall not be issuable by the
          Company until the dates indicated below. Except as provided in Section 8 hereof,
          the accumulation of time for the purpose of vesting shall cease upon the
          Grantee’s Termination of Service for any reason, and no further vesting
          shall occur after the date of the Termination of Service.   

		Percentage of Shares		Issuance Date
		 		 
		25%		First Anniversary of Grant Date
		 		 
		25%		Second Anniversary of Grant Date
		 		 
		25%		Third Anniversary of Grant Date
		 		 
		25%		Fourth Anniversary of Grant Date

	

        
        The
Grantee shall not be entitled to any rights as a shareholder with respect to such shares
of Common Stock unless and until such certificates are issued. No adjustment shall be made
for dividends or distributions or other rights for which the record date is prior to the
date such certificate is issued. 

             4.               
          Withholding of Income Taxes.     A Grantee must pay to the
          Company, at the time of issuance of the Shares, such amount as the Committee
          deems necessary to satisfy the Company’s obligation to withhold federal or
          state income or other taxes incurred by reason of the issuance of the Shares.   

             5.               
          Adjustment for Recapitalization, Etc.     Subject to the terms
          of Article VIII of the Plan, in the event of any change in the outstanding
          Common Stock by reason of a stock dividend, split or combination,
          recapitalization, reclassification, reorganization, merger or consolidation in
          which the Company is the surviving corporation, or other similar change
          affecting the Common Stock, the number and class of Shares described in Section
          2 of this Agreement shall be appropriately adjusted by the Committee to reflect
          such change, so the Grantee’s proportionate interest shall be maintained.   

             6.               
          Restrictive Legends, Stop-Transfer Orders; Refusal to Transfer.   

                                 (a)               
          The Grantee understands and agrees that the Company shall cause the legends set
          forth below or legends substantially equivalent thereto, to be placed upon any
          certificate(s) evidencing ownership of the Shares together with any other
          legends that may be required by the Company or by applicable state or federal
          securities laws:   

	  	THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE “ACT”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE
TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE ACT OR, IN THE
OPINION OF COUNSEL SATISFACTORY TO THE ISSUER OF THESE SECURITIES, SUCH OFFER, SALE OR
TRANSFER, PLEDGE OR HYPOTHECATION IS IN COMPLIANCE THEREWITH. 

	  	THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER, AS
SET FORTH IN THE RESTRICTED STOCK GRANT AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL
HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE
ISSUER. SUCH TRANSFER RESTRICTIONS ARE BINDING ON TRANSFEREES OF THESE SHARES. 

	

                       
          (b)               
          Stop-Transfer Notices.  The Grantee agrees that, in order to ensure
          compliance with the restrictions referred to herein, the Company may issue
          appropriate “stop transfer” instructions to its transfer agent, if
          any, and that, if the Company transfers its own securities, it may make
          appropriate notations to the same effect in its own records.   

	

                                 (c)               
          Refusal to Transfer.  The Company shall not be required (i) to transfer on
          its books any Shares that have been sold or otherwise transferred in violation
          of any of the provisions of this Agreement or (ii) to treat as owner of such
          Shares or to accord the right to vote or pay dividends to any Grantee or other
          transferee to whom such Shares shall have been so transferred.   

             7.               
          Notices.     All notices and other communications required or
          permitted under the Plan and this Agreement shall be in writing and shall be
          given either by (i) personal delivery or (ii) first class registered or
          certified mail, return receipt requested. Any such communication shall be deemed
          to have been given (i) on the date of receipt in the cases referred to in clause
          (i) of the preceding sentence and (ii) on the second day after the date of
          mailing in the cases referred to in clause (ii) of the preceding sentence. All
          such communications to the Company shall be addressed to it, to the attention of
          its Secretary or Treasurer, at its then principal office and to the Grantee at
          his last address appearing on the records of the Company or, in each case, to
          such other person or address as may be designated by like notice hereunder.   

             8.               
          Change in Control.     In the event of a Change in Control that
          occurs prior to a Termination of Service, the Grant shall immediately vest in
          full.   

             9.               
          Modification and Waiver.     Neither this Agreement nor any
          provision hereof can be changed, modified, amended, discharged, terminated or
          waived orally or by any course of dealing or purported course of dealing, but
          only by arrangement in writing signed by the Grantee or his heirs and the
          Company. No such agreement shall extend to or affect any provision of this
          Agreement not expressly changed, modified, amended, discharged, terminated or
          waived or impair any right consequent on such a provision. The waiver of or
          failure to enforce any breach of this Agreement shall not be deemed to be a
          waiver or acquiescence in any other breach thereof.   

             10.               
          Acceptance of Provisions.     The execution of this Agreement
          by the Grantee shall constitute the Grantee’s acceptance of and agreement
          to all of the terms and conditions of the Plan and this Agreement. The Grantee
          hereby acknowledges that all decisions, determinations and interpretations of
          the Committee in respect to this Agreement shall be final and conclusive. This
          Agreement and the Plan contain a complete statement of all the arrangements
          between the parties with respect to their subject matter, and this Agreement
          cannot be changed except by a writing executed by both parties. This Agreement
          shall be governed and construed in accordance with the laws of the State of New
          Jersey applicable to agreements made and to be performed exclusively in New
          Jersey. The headings in this Agreement are solely for convenience of reference
          and shall not affect its meaning or interpretation.   

	1ST CONSTITUTION BANCORP

By:  
——————————————

Name and Title:		 

	

        I
hereby acknowledge receipt of a copy of the foregoing Agreement and, having read it,
hereby signify my understanding of, and my agreement with, its terms and conditions. 

	
——————————————

(Signature)

——————————————
Address

——————————————

Social Security Number		

——————————————

        DateEXHIBIT 10.1

                              EMPLOYMENT AGREEMENT

         This AGREEMENT (the "Agreement") is made as of the date signed (the
"Effective Date"), by and between Incentra Solutions, Inc., a Nevada corporation
with its headquarters located in Boulder, Colorado (the "Employer"), and Paul
McKnight (the "Executive"). In consideration of the mutual covenants contained
in this Agreement, the Employer and the Executive agree as follows:

         1. EMPLOYMENT. The Employer agrees to employ the Executive and the
Executive agrees to be employed by the Employer on the terms and conditions set
forth in this Agreement.

         2. CAPACITY; LOCATION. The Executive shall serve the Employer as Chief
Financial Officer. In his capacity as Chief Financial Officer, Executive will
report to the Chief Executive Officer, and shall be responsible for strategic
and operational matters relating to the Employer's finance and accounting
efforts subject to the direction of the Chief Executive Officer. In such
capacity, the Executive shall perform such services and duties in connection
with the business, affairs and operations of the Employer as may be assigned or
delegated to the Executive from time to time by or under the authority of the
Chief Executive Officer. Executive's employment with Employer will be based in
Employer's Broomfield, Colorado offices; PROVIDED, that Employee may be required
from time to time to travel in connection with Employer's business needs.

         3. TERM. Executive shall be considered an at-will employee of Employer
and, subject to the provisions of Section 6, the employment relationship
described herein may be terminated by either Executive or Employer at any time.

         4. COMPENSATION AND BENEFITS. The regular compensation and benefits
payable to the Executive under this Agreement shall be as follows:

(a)       SALARY. Beginning January 1, 2005, for all services rendered by the
          Executive under this Agreement, the Employer shall pay the Executive a
          salary (the "Salary") at the annual rate of Two Hundred Ten Thousand
          Dollars ($210,000.00), subject to increase from time to time in the
          discretion of the Compensation Committee of the Board of Directors
          (the "Compensation Committee"). The Salary shall be payable in
          periodic installments in accordance with the Employer's usual practice
          for its senior executives.

(b)       BONUS. For the fiscal year ending December 31, 2005 Executive shall be
          eligible for an annual bonus of up to Seventy Five Thousand Dollars
          ($75,000.00) based upon performance as determined by the CEO.
          Thereafter, Executive shall be eligible to participate in an incentive
          program established by the Compensation Committee, with such terms as
          may be established in the sole discretion of the Compensation
          Committee.

<PAGE>

(c)       REGULAR BENEFITS. The Executive shall be entitled to health insurance
          benefits from Employer, and shall also be entitled to participate
          in any employee benefit plans, life insurance plans, disability income
          plans, retirement plans, expense reimbursement plans and other benefit
          plans which the Employer may from time to time have in effect for all
          or most of its executive management employees. Such participation
          shall be subject to the terms of the applicable plan documents,
          generally applicable policies of the Employer, applicable
          law and the discretion of the Board of Directors, the Compensation
          Committee or any administrative or other committee provided for in or
          contemplated by any such plan. Except with respect to the
          aforementioned health insurance benefits, nothing contained in this
          Agreement shall be construed to create any obligation on the part of
          the Employer to establish any such plan or to maintain the
          effectiveness of any such plan which may be in effect from time to
          time.

(d)       VACATION. The Executive shall be entitled to vacation according to
          Employer's vacation policy, such vacation time to accrue on a
          per-pay-period basis.

(e)       TAXATION OF PAYMENTS AND BENEFITS. The Employer shall
          undertake to make deductions, withholdings and tax reports with
          respect to payments and benefits under this Agreement to the extent
          that it reasonably and in good faith believes that it is required to
          make such deductions, withholdings and tax reports. Payments under
          this Agreement shall be in amounts net of any such deductions or
          withholdings. Nothing in this Agreement shall be construed to require
          the Employer to make any payments to compensate the Executive for any
          adverse tax effect associated with any payments or benefits or for any
          deduction or withholding from any payment or benefit.

(f)       EXPENSES. The Employer shall reimburse the Executive for all
          reasonable and necessary business related travel expenses incurred or
          paid by the Executive in performing his duties under this Agreement
          and which are consistent with applicable policies of the Employer. All
          payments for reimbursement of such expenses shall be made upon
          presentation by the Executive of expense statements or vouchers and
          such other supporting information as the Employer may from time to
          time reasonably request.

(g)       STOCK OPTIONS. Executive shall also be eligible for participation in
          Employer's Stock Option Plan and Executive shall be entitled to
          receive stock options pursuant to the terms of option agreements.

(h)       EXCLUSIVITY OF SALARY AND BENEFITS. The Executive shall
          not be entitled to any payments or benefits other than those provided
          under this Agreement.

         5. EXTENT OF SERVICE. During the Executive's employment under this
Agreement, the Executive shall devote the Executive's full business time, best
efforts and business judgment, skill and knowledge to the advancement of the
Employer's interests and to the discharge of the Executive's duties and
responsibilities under this Agreement. The Executive shall not engage in any
other business activity, except as may be approved by the Board of Directors;
PROVIDED, that nothing in this Agreement shall be construed as preventing the
Executive from:

<PAGE>

                  (a) investing the Executive's assets in any company or other
         entity in a manner not prohibited by Section 7(d) and in such form or
         manner as shall not require any material activities on the Executive's
         part in connection with the operations or affairs of the companies or
         other entities in which such investments are made; and

                  (b) engaging in religious, charitable or other community or
         non-profit activities that do not impair the Executive's ability to
         fulfill the Executive's duties and responsibilities under this
         Agreement.

         6. TERMINATION AND TERMINATION BENEFITS. Notwithstanding the provisions
of Section 3, the Executive's employment under this Agreement shall terminate
under the following circumstances set forth in this Section 6.

                  (a) TERMINATION BY THE EMPLOYER FOR CAUSE. The Executive's
         employment under this Agreement may be terminated for "Cause" without
         further liability on the part of the Employer, effective immediately
         upon a vote of the Board of Directors and written notice to the
         Executive. Only the following shall constitute "Cause" for such
         termination:

                           (i) dishonest or fraudulent statements or acts of the
                  Executive with respect to the Employer or any affiliate of the
                  Employer;

                           (ii) the Executive's conviction of, or entry of a
                  plea of guilty or nolo contendere for, (A) a felony or (B) any
                  misdemeanor (excluding minor traffic violations) involving
                  moral turpitude, deceit, dishonesty or fraud;

                           (iii) gross negligence, willful misconduct or
                  insubordination of the Executive with respect to the Employer
                  or any affiliate of the Employer; or

                           (iv) material breach by the Executive of any of the
                  Executive's obligations under this Agreement, or any other
                  agreement to which Executive and Employer are now or hereafter
                  a party to.

                  (b) TERMINATION BY THE EXECUTIVE. The Executive's employment
         under this Agreement may be terminated by the Executive by written
         notice to Employer at least thirty (30) days prior to such termination.

                  (c) TERMINATION BY THE EMPLOYER WITHOUT CAUSE. Subject to the
         payment of Termination Benefits pursuant to Section 6(d), the
         Executive's employment under this Agreement may be terminated by the
         Employer without Cause upon written notice to the Executive (a
         termination "Without Cause").

                  (d) CERTAIN TERMINATION BENEFITS. Unless otherwise
         specifically provided in this Agreement or otherwise required by law,
         all compensation and benefits payable to the Executive under this
         Agreement shall terminate on the date of termination of the

<PAGE>

         Executive's employment under this Agreement. Notwithstanding the
         foregoing, in the event of termination of the Executive's employment
         with the Employer Without Cause pursuant to Section 6(c) above, the
         Employer shall provide to the Executive the following termination
         benefits ("Termination Benefits"):

                           (i) payment of the Executive's Salary at the rate
                  then in effect pursuant to Section 4(a) for the period from
                  the date of termination until the date that is twelve (12)
                  months after the date of termination; and

                           (ii) continuation of group health plan benefits to
                  the extent authorized by and consistent with 29 U.S.C. ss.
                  1161 ET SEQ. (commonly known as "COBRA"), with the cost of the
                  regular premium for such benefits shared in the same relative
                  proportion by the Employer and the Executive as in effect on
                  the date of termination for twelve (12) months and at a cost
                  of 102% of premium provided under COBRA, for up to an
                  additional six (6) months.

                  Notwithstanding the foregoing, nothing in this Section 6(d)
         shall be construed to affect the Executive's right to receive COBRA
         continuation entirely at the Executive's own cost to the extent that
         the Executive may continue to be entitled to COBRA continuation after
         the Executive's right to cost sharing under Section 6(d)(ii) ceases.

                  (e) DISABILITY. If the Executive shall be disabled so as to be
         unable to perform the essential functions of the Executive's then
         existing position or positions under this Agreement with reasonable
         accommodation, the CEO may remove the Executive from any
         responsibilities and/or reassign the Executive to another position with
         the Employer during the period of such disability. Notwithstanding any
         such removal or reassignment, the Executive shall continue to receive
         the Executive's full Salary (less any disability pay or sick pay
         benefits to which the Executive may be entitled under the Employer's
         policies) and benefits under Section 4 of this Agreement (except to the
         extent that the Executive may be ineligible for one or more such
         benefits under applicable plan terms) for a period of time equal to
         nine (9) months. If any question shall arise as to whether during any
         period the Executive is disabled so as to be unable to perform the
         essential functions of the Executive's then existing position or
         positions with reasonable accommodation, the Executive may, and at the
         request of the Employer shall, submit to the Employer a certification
         in reasonable detail by a physician selected by the Employer to whom
         the Executive or the Executive's guardian has no reasonable objection
         as to whether the Executive is so disabled or how long such disability
         is expected to continue, and such certification shall for the purposes
         of this Agreement be conclusive of the issue. The Executive shall
         cooperate with any reasonable request of the physician in connection
         with such certification. If such question shall arise and the Executive
         shall fail to submit such certification, the Employer's determination
         of such issue shall be binding on the Executive. Nothing in this
         Section 6(e) shall be construed to waive the Executive's rights, if
         any, under existing law including, without limitation, the Family and
         Medical Leave Act of 1993, 29 U.S.C. ss.2601 ET SEQ. and the Americans
         with Disabilities Act, 42 U.S.C. ss.12101 ET SEQ.

<PAGE>

         7. CONFIDENTIAL INFORMATION, NONCOMPETITION AND COOPERATION.

                  (a) CONFIDENTIAL INFORMATION. As used in this Agreement,
         "Confidential Information" means information belonging to the Employer
         which is of value to the Employer in the course of conducting its
         business and the disclosure of which could result in a competitive or
         other disadvantage to the Employer. Confidential Information includes,
         without limitation, financial information, reports, and forecasts;
         inventions, improvements and other intellectual property; trade
         secrets; know-how; designs, processes or formulae; software; market or
         sales information or plans; customer lists; and business plans,
         prospects and opportunities (such as possible acquisitions or
         dispositions of businesses or facilities) which have been discussed or
         considered by the management of the Employer. Confidential Information
         includes information developed by the Executive in the course of the
         Executive's employment by the Employer, as well as other information to
         which the Executive may have access in connection with the Executive's
         employment. Confidential Information also includes the confidential
         information of others with which the Employer has a business
         relationship. Notwithstanding the foregoing, Confidential Information
         does not include information in the public domain, unless due to breach
         of the Executive's duties under Section 7(b).

                  (b) CONFIDENTIALITY. The Executive understands and agrees that
         the Executive's employment creates a relationship of confidence and
         trust between the Executive and the Employer with respect to all
         Confidential Information. At all times, both during the Executive's
         employment with the Employer and after its termination, the Executive
         will keep in confidence and trust all such Confidential Information,
         and will not use or disclose any such Confidential Information without
         the written consent of the Employer, except as may be necessary in the
         ordinary course of performing the Executive's duties to the Employer.

                  (c) DOCUMENTS, RECORDS, ETC. All documents, records, data,
         apparatus, equipment and other physical property, whether or not
         pertaining to Confidential Information, which are furnished to the
         Executive by the Employer or are produced by the Executive in
         connection with the Executive's employment will be and remain the sole
         property of the Employer. The Executive will return to the Employer all
         such materials and property as and when requested by the Employer. In
         any event, the Executive will return all such materials and property
         immediately upon termination of the Executive's employment for any
         reason. The Executive will not retain with the Executive any such
         material or property or any copies thereof after such termination.

                  (d) NONCOMPETITION AND NONSOLICITATION. Without the prior
         written consent of the CEO, during the period that Executive is
         employed by Employer and for one (1) year thereafter, the Executive (i)
         will not, directly or indirectly, whether as owner, partner,
         shareholder, consultant, agent, employee, co-venturer or otherwise,
         engage, participate, assist or invest in any Competing Business (as
         hereinafter defined); (ii) will refrain from directly or indirectly
         employing, attempting to employ, recruiting or otherwise soliciting,

<PAGE>

         inducing or influencing any person to leave employment with the
         Employer; and (iii) will refrain from soliciting or encouraging any
         customer or supplier to terminate or otherwise modify adversely its
         business relationship with the Employer. The Executive understands that
         the restrictions set forth in this Section 7(d) are intended to protect
         the Employer's interest in its Confidential Information and established
         employee, customer and supplier relationships and goodwill, and agrees
         that such restrictions are reasonable and appropriate for this purpose.
         For purposes of this Agreement, the term "Competing Business" shall
         mean any business that provides or intends to provide the same or
         similar types of services or products as those provided or targeted by
         Employer or any of its subsidiaries in any geographic area then served
         or targeted by Employer or any of its subsidiaries. Notwithstanding the
         foregoing, the Executive may own up to two percent (2%) of the
         outstanding stock of a publicly held corporation.

                  (e) THIRD-PARTY AGREEMENTS AND RIGHTS. The Executive hereby
         confirms that the Executive is not bound by the terms of any agreement
         with any previous employer or other party which restricts in any way
         the Executive's use or disclosure of information or the Executive's
         engagement in any business. The Executive represents to the Employer
         that the Executive's execution of this Agreement, the Executive's
         employment with the Employer and the performance of the Executive's
         proposed duties for the Employer will not violate any obligations the
         Executive may have to any such previous employer or other party. In the
         Executive's work for the Employer, the Executive will not disclose or
         make use of any information in violation of any agreements with or
         rights of any such previous employer or other party, and the Executive
         will not bring to the premises of the Employer any copies or other
         tangible embodiments of non-public information belonging to or obtained
         from any such previous employment or other party.

                  (f) LITIGATION AND REGULATORY COOPERATION. During and after
         the Executive's employment, the Executive shall cooperate fully with
         the Employer in the defense or prosecution of any claims or actions now
         in existence or which may be brought in the future against or on behalf
         of the Employer which relate to events or occurrences that transpired
         while the Executive was employed by the Employer. The Executive's full
         cooperation in connection with such claims or actions shall include,
         but not be limited to, being available to meet with counsel to prepare
         for discovery or trial and to act as a witness on behalf of the
         Employer at mutually convenient times. During and after the Executive's
         employment, the Executive also shall cooperate fully with the Employer
         in connection with any investigation or review of any federal, state or
         local regulatory authority as any such investigation or review relates
         to events or occurrences that transpired while the Executive was
         employed by the Employer. The Employer shall reimburse the Executive
         for any reasonable out-of-pocket expenses incurred in connection with
         the Executive's performance of obligations pursuant to this Section
         7(f) and shall pay the Executive for his time at his annual salary rate
         in effect at the time of the termination of his employment.

                  (g) DEVELOPMENTS. Executive will make full and prompt
         disclosure to the Employer of all inventions, discoveries, designs,
         developments, methods, modifications,

<PAGE>

         improvements, processes, algorithms, databases, computer programs,
         formulae, techniques, trade secrets, graphics or images, audio or
         visual works, and other works of authorship (collectively
         "Developments"), whether or not patentable or copyrightable, that are
         created, made, conceived or reduced to practice by Executive (alone or
         jointly with others) or under Executive's direction during the period
         of his employment. Executive acknowledges that all work performed by
         Executive for Employer hereunder is on a "work for hire" basis, and
         Executive hereby assigns and transfers, and will assign and transfer,
         to the Employer and its successors and assigns all of Executive's
         right, title and interest, including but not limited to all patents,
         patent applications, trademarks and trademark applications, copyrights
         and copyright applications, and other intellectual property rights in
         all countries and territories worldwide and under any international
         conventions, in and to all Developments that (a) relate to the business
         of the Employer or any of the products or services of the Employer; (b)
         result from tasks assigned to Executive by the Employer; or (c) result
         from the use of personal property (whether tangible or intangible)
         owned, leased or contracted for by the Employer.

                  (h) INJUNCTION. The Executive agrees that it would be
         difficult to measure any damages caused to the Employer which might
         result from any breach by the Executive of the promises set forth in
         this Section 7, and that in any event money damages would be an
         inadequate remedy for any such breach. Accordingly, subject to Section
         8 of this Agreement, the Executive agrees that if the Executive
         breaches, or proposes to breach, any portion of this Agreement, the
         Employer shall be entitled, in addition to all other remedies that it
         may have, to an injunction or other appropriate equitable relief to
         restrain any such breach without showing or proving any actual damage
         to the Employer.

         8. ARBITRATION OF DISPUTES. Any controversy or claim arising out of or
relating to this Agreement or the breach thereof or otherwise arising out of the
Executive's employment or the termination of that employment (including, without
limitation, any claims of unlawful employment discrimination whether based on
age or otherwise) shall, to the fullest extent permitted by law, be settled by
arbitration in any forum and form agreed upon by the parties or, in the absence
of such an agreement, under the auspices of the American Arbitration Association
("AAA") in Denver, Colorado in accordance with the Employment Dispute Resolution
Rules of the AAA, including, but not limited to, the rules and procedures
applicable to the selection of arbitrators. In the event that any person or
entity other than the Executive or the Employer may be a party with regard to
any such controversy or claim, such controversy or claim shall be submitted to
arbitration subject to such other person or entity's agreement. Judgment upon
the award rendered by the arbitrator may be entered in any court having
jurisdiction thereof. This Section 8 shall be specifically enforceable.
Notwithstanding the foregoing, this Section 8 shall not preclude either party
from pursuing a court action for the sole purpose of obtaining a temporary
restraining order or a preliminary injunction in circumstances in which such
relief is appropriate; PROVIDED, that any other relief shall be pursued through
an arbitration proceeding pursuant to this Section 8.

         9. CONSENT TO JURISDICTION. To the extent that any court action is
permitted consistent with or to enforce Section 8 of this Agreement, the parties
hereby consent to the jurisdiction of

<PAGE>

the courts of the State of Colorado. Accordingly, with respect to any such court
action, the Executive (a) submits to the personal jurisdiction of such courts;
(b) consents to service of process; and (c) waives any other requirement
(whether imposed by statute, rule of court, or otherwise) with respect to
personal jurisdiction or service of process.

         10. INTEGRATION. This Agreement constitutes the entire agreement
between the parties with respect to the subject matter hereof and supersedes all
prior agreements between the parties with respect to any related subject matter.

         11. ASSIGNMENT; SUCCESSORS AND ASSIGNS, ETC. Neither the Employer nor
the Executive may make any assignment of this Agreement or any interest herein,
by operation of law or otherwise, without the prior written consent of the other
party; PROVIDED, that the Employer may assign its rights under this Agreement
without the consent of the Executive in the event that the Employer shall effect
a reorganization, consolidate with or merge into any other corporation,
partnership, organization or other entity, or transfer all or substantially all
of its properties or assets to any other corporation, partnership, organization
or other entity. This Agreement shall inure to the benefit of and be binding
upon the Employer and the Executive, their respective successors, executors,
administrators, heirs and permitted assigns.

         12. ENFORCEABILITY. If any portion or provision of this Agreement
(including, without limitation, any portion or provision of any section of this
Agreement) shall to any extent be declared illegal or unenforceable by a court
of competent jurisdiction, then the remainder of this Agreement, or the
application of such portion or provision in circumstances other than those as to
which it is so declared illegal or unenforceable, shall not be affected thereby,
and each portion and provision of this Agreement shall be valid and enforceable
to the fullest extent permitted by law.

         13. WAIVER. No waiver of any provision hereof shall be effective unless
made in writing and signed by the waiving party. The failure of any party to
require the performance of any term or obligation of this Agreement, or the
waiver by any party of any breach of this Agreement, shall not prevent any
subsequent enforcement of such term or obligation or be deemed a waiver of any
subsequent breach.

         14. NOTICES. Any notices, requests, demands and other communications
provided for by this Agreement shall be sufficient if in writing and delivered
in person or sent by a nationally recognized overnight courier service or by
registered or certified mail, postage prepaid, return receipt requested, to the
Executive at the last address the Executive has filed in writing with the
Employer or, in the case of the Employer, at 1140 Pearl Street, Boulder, CO
80302, ATTN: Chief Executive Officer, and shall be effective on the date of
delivery in person or by courier or three (3) days after the date mailed.

         15. AMENDMENT. This Agreement may be amended or modified only by a
written instrument signed by the Executive and by a duly authorized
representative of the Employer.

<PAGE>

         16. GOVERNING LAW. This is a Colorado contract and shall be construed
under and be governed in all respects by the laws of the State of Colorado,
without giving effect to the conflict of laws principles of such State.

         17. COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which when so executed and delivered shall be taken to be
an original; but such counterparts shall together constitute one and the same
document.

         IN WITNESS WHEREOF, this Agreement has been executed by the Employer
and by the Executive as of the Effective Date.

                                   INCENTRA SOLUTIONS, INC.:

                                   By: /S/ THOMAS P. SWEENEY, III
                                       --------------------------
                                   Name:  Thomas P. Sweeney, III
                                   Title: Chairman and CEO

                                   Executive:

                                   /S/ PAUL MCKNIGHT
                                   ------------------
                                   Paul McKnight

                                   DECEMBER 21, 2004
                                   ------------------
                                   Date

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