Document:

Executive Employment Agreement

    

      EXECUTIVE
        EMPLOYMENT AGREEMENT

      

      This
        Executive Employment Agreement ("Agreement") is made and deemed effective
        as of
        February 1st
        ,2007 by
        and
        between SalesRepCentral.com, Inc.,
        a
        Nevada Corporation ("SREP"), on one side, and Scott Gallagher ("Executive"),
        on
        the other side, with reference to the herein recitals, terms and conditions.
        

      

      RECITALS

      _________________

      

      WHEREAS,
        SREP recognizes the experience and knowledge of Executive in matters relating
        to
        SREP' future business operations and future acquisitions currently contemplated,
        SREP recognizes that it is in the best interests of SREP to retain the services
        of Executive; 

      

      WHEREAS,
        SREP will grant the Executive 1,500,000 restricted shares of SREP
        common
        stock as full compensation for this employment agreement. The shares will
        be
        restricted stock and not eligible for sale at any time within the first 12
        months of issuance pursuant to SEC rule 144. Further the executive agrees
        to not
        sale any of the 1,500,000 restricted shares for a period of 24 months from
        the
        date of issuance. If for any reason the Executive leaves the Company within
        the
        first 12 months of the contract he will forfeit all shares. The Company may
        grant additional shares of common stock to the Executive at its sole discretion
        based on performance. Executive may thereby gain a significant equity position
        thereby; 

      

      

      NOW,
        THEREFORE, in consideration of the mutual covenants and agreements contained
        in
        this Agreement, it is hereby agreed as follows: 

      

      AGREEMENT

      _______________________

      Employment.
        

      ------------------

      SREP
        hereby employs Executive as Chairman and CEO. Executive hereby accepts
        employment by SREP in accordance with the terms and conditions set forth
        in this
        Agreement. Executive acknowledges that the employment is at will and SREP
        can
        terminate employment at any time with or without cause.

      

      Term.

      -------------
        

      Executive's
        initial term of employment and the services to be provided hereunder shall
        commence on February 1st,
        2007 and
        continue for a period of one (1) years from such date (the "Initial Term"),
        subject to earlier termination as hereinafter provided.

      

      Compensation.

      -------------------

      SREP
        shall pay Executive the following aggregate compensation for all services
        rendered by him to SREP under this Agreement: 

      

      3.1
        Base Salary. 

      ---------------------

      

      SREP
        shall pay executive 1,500,000 restricted shares of common stock as full
        compensation for this employment agreement. SREP shall review Executive's
        base
        salary annually with Executive for the purpose of determining a reasonable
        increase based on Executive's service and performance, taking into consideration
        a good-faith assessment of any other incentive and/or bonus plans to which
        Executive may be a party. Such review shall be in accordance with SREPs’
policies and practices with other executives in similar positions with SREP
        and
        its subsidiaries, if any. Notwithstanding the foregoing, any increase in
        Executive's Base Salary shall be determined by SREP at its sole
        discretion.

      

      3.2
        Bonus. 

      --------------------------

      SREP
        shall pay Executive an annual bonus (the "Annual Bonus") based on the overall
        performance of the Company. The bonus will be determined by the board of
        directors.

       

      3.3
        Payment of Bonus.

        --------------------------------------- 

      Executive's
        Bonus for the year end shall be determined within 5 days of SREP annual 10K
        filing with the Securities and Exchange Commission. SREP shall cause and
        arrange
        to provide Executive with an annual statement showing the manner in which
        the
        Annual Bonus was calculated. 

      

      3.4
        Other Benefits. 

      ------------------------
        

      Executive
        shall be entitled to life and medical insurance programs approved and carried
        by
        SREP Executive shall also be entitled to participate in any management
        compensation and benefit program on a basis similar to that which is made
        available to other members of SREP‘ management team operating in a similar
        capacity as the Executive. 

      

      3.5
        Stock. 

      --------------

      SREP
        shall deliver to Executive, upon execution of this Agreement within a reasonable
        time frame a stock certificate for one million five hundred thousand shares
        (1,500,000) of SREP restricted common
        stock.

      

      Duties
        of Executive. 

      --------------------------------
        

      

      4.1
        Business Operations. 

      -------------------------------------------------------
        

      Subject
        to the oversight and direction of the SREP’s board of directors, Executive shall
        be responsible for managing all aspects of SREP day to day operations and
        business development affairs including budgeting, hiring and firing of employees
        and all other normal course of business activities required to operate
        SREP.

      

      4.2
        Additions and Changes. 

      ---------------------------------------
        

      Executive
        shall perform such reasonable additional work as may be required by SREP
        from
        time to time under the terms and conditions and according to the directions,
        instructions and control of the Chief Executive Officer of SREP.
        

      

      

      4.3
        Best Efforts.

      ----------------------

      Executive
        shall devote his full time, best skill, effort and attention to his duties
        set
        forth herein and to further enhance and develop SREPs’ business affairs,
        interests and welfare. Executive shall be based out of the Tampa,
        Florida.

      

      4.4
        Policies.

      -------------------

      Executive
        shall adhere to the employment policies of SREPs effect from time to time.
        References to the policies or practices of SREP shall mean its policies or
        practices of which Executive has notice as in effect and modified from time
        to
        time. 

      

      4.5
        Other Employment. 

      ---------------------------------

      Executive
        may not engage in other employment with the prior written consent of SREP
        Further, this provision shall not be construed to prevent the Executive from
        personally, and for Executive's own account, owning, managing, investing
        or
        trading in real estate, stocks, bonds, securities, commodities, or any other
        forms of investment, so long as such owning, managing, investing or trading
        is
        not in competition with SREP and does not interfere with the performance
        of
        Executive's duties hereunder. 

      

      Expenses.
        

      ----------------
        

      SREP
        shall reimburse Executive for reasonable and necessary business expenses
        in
        accordance with the expense reimbursement policies and practices of SREP
        and in
        accordance with a predetermined budget to be approved by the board of directors
        of SREP. 

      

      Fringe
        Benefits. 

      ----------------
        

      SREP
        shall provide Executive with all fringe benefits regularly provided to other
        similarly situated officers, directors of SREP, generally and with such other
        fringe benefits as the Executive and SREP shall mutually agree upon in writing.
        

      

      7.1
        Vacation.

      ------------------

      SREP
        shall provide Executive with two (2) weeks of paid vacation as well as holidays
        in accordance with SREP’s policies. 

      

      

      7.2
        Insurance.

      ------------------

      SREP
        shall provide Executive with family health insurance including dental and
        vision.

      

      Termination.

      ------------

      

      8.1
        Termination with Cause. 

      ---------------------------
        

      SREP
        may
        terminate Executive "with cause" without notice, for reason of Executive's
        (i)
        misappropriation or embezzlement of funds of SREP, (ii) soliciting a client's
        or
        customer's business for personal or competitive gain, (iv) use or sale of
        illegal drugs in the work place, or repeated intoxication from alcohol or
        controlled substances in the work place, (v) physical, mental or sexual abuse
        or
        harassment of any employee, customer or prospective client or customer, (vi)
        criminal negligence or criminal acts in the work place; (vii) commission
        of a
        felony or crime of moral turpitude, (viii) selling or providing confidential
        information of SREP to a competitor, or (ix) theft or destruction of property
        of
        SREP or (x) such other acts as SREP may determine in its sole discretion
        as
“cause.” SREP may terminate Executive "with cause" if, after ten (10) days prior
        written notice by SREP to Executive, Executive has failed to cure any of
        the
        following occurrences: (i) violation of SREP policies or procedures, (ii)
        breach
        of any other of the covenants of this Agreement not specifically set forth
        in
        (i) through (viii) above, or (iii) breach of an employee's customary obligations
        to the employer. In the event that Executive is terminated "with cause,"
        Executive shall be entitled to receive a one time payment of $5,000 (five
        thousand dollars) including all accrued and unused vacation and sick leave
        as of
        the date of termination. Executive shall not be entitled to receive any other
        amounts or benefits from SREP including stock warrants, options or other.
        

      

      8.2
        Termination Due to Executive's Death or Disability. 

      -------------------------------------------------------
        

      In
        the
        event that this Agreement is terminated due to Executive's death or disability
        (as defined below), Executive (or Executive's legal representatives) shall
        be
        paid (i) six (6) months' Base Salary as severance, (ii) Base Salary through
        the
        date of termination, (iii) all Bonus payments earned through the date of
        termination or previously awarded and unpaid and (iv) all accrued and unused
        vacation and sick leave as of the date of termination. For purposes of this
        Agreement, the term "Disability" shall mean the mental and physical inability
        to
        perform satisfactorily Executive's regular full time duties - with or without
        a
        reasonable accommodation - as determined by a physician chosen by mutual
        agreement of a physician selected by Executive and a physician selected by
        SREP,
        provided, however, that any Disability which continues for thirty (30) days
        (whether or not consecutive) in any eighteen (18) month period shall be deemed
        a
        Disability. 

      

      Indemnification.

      ----------------
        

      9.1
        Definition. 

      ---------------
        

      As
        used
        in this provision, "Damages" means all claims, damages, liabilities, losses,
        judgments, settlements, and expenses, including, without limitation, all
        reasonable fees and disbursements of counsel incident to the investigation
        or
        defense of any claim or proceeding or threatened claim or
        proceeding.

      

      Miscellaneous.
        

      -------------------

      

      10.1
        Survival of Representations and Warranties. 

      ------------------------------------------------------------

      The
        representations and warranties of the parties including indemnification
        obligations contained herein shall survive following the termination of
        Executive's employment with SREP. 

      

      10.2
        Waivers.

      ------------------

      No
        action
        taken pursuant to this Agreement, including any investigation by or on behalf
        of
        any party shall be deemed to constitute a waiver by the party taking such
        action
        or compliance with any representation, warranty, covenant or agreement contained
        herein, therein and in any documents delivered in connection herewith or
        therewith. The waiver by any party hereto of a breach of any provision of
        this
        Agreement shall not operate or be construed as a waiver of any subsequent
        breach. 

      

      10.3
        Notices. 

      ------------------

      All
        notices, requests, demands and other communications, which are required or
        may
        be given under this Agreement shall be in writing and shall be deemed to
        have
        been duly given if delivered or mailed, first class mail, postage prepaid:
        

      

      To
        Executive: 

      

      Attn:  Mr.
        Scott
        Gallagher 

      7610
        West
        Hillsborough Ave.

      Tampa,
        Florida 33615

      

      

      

      To
        SalesRepCentral.com: 

      

      Attn:  Ralph
        Massetti

      1800
        W.
        Broadway, Suite 4

      Tempe,
        Arizona, 85282

      

      

      

      

      10.4
        Merger and Integration.

      ----------------------------
        

      This
        Agreement contains the entire understanding of the parties. There are no
        representations, covenants or understandings other than those, either express,
        implied or referred to herein. Each party acknowledges that there are no
        conditions to this agreement other than those expressed or referred to herein.
        Each party further acknowledges that no other party or any agent or attorney
        of
        any other party has made any promise, representation or warranty whatsoever,
        express or implied or statutory, not contained or referred to herein, concerning
        the subject matter hereof, to induce him to execute this Agreement, and he
        acknowledges that he has not executed this Agreement in reliance on any such
        promise, representation or warranty not specifically contained or referred
        to
        herein. 

      

      10.5
        Sections and Other Headings. 

      ---------------------------------
        

      The
        section and other headings contained in this Agreement are for reference
        purposes only and shall not affect the meaning or interpretation of this
        Agreement. 

      

      10.6
        Governing Law. 

      -------------------
        

      This
        Agreement, and all transactions contemplated hereby, shall be governed by,
        construed and enforced in accordance with the laws of the State of Florida.
        The
        parties herein submit to personal jurisdiction and venue of a court of subject
        matter jurisdiction which is appropriate for Tampa, Florida. 

      

      10.7
        Attorney's Fees and Court Costs.

      -------------------------------------

      In
        the
        event that litigation results from or arises out of this Agreement or the
        performance thereof, the parties agree to reimburse the prevailing party's
        reasonable attorney's fees, court costs, and all other expenses, whether
        or not
        taxable by the court as costs, in addition to any other relief to which,
        the
        prevailing party may be entitled. 

      

      10.8
        Contractual Procedures. 

      ----------------------------
        

      Unless
        specifically disallowed by law, should litigation arise hereunder, service
        of
        process therefore, may be obtained through certified mail, return receipt
        requested; the parties hereto waiving any and all rights they may have to
        object
        to the method by which service was perfected. 

      

      10.9
        Partial Invalidity. 

      ------------------------
        

      If
        any
        provision in this Agreement is held by a court of competent jurisdiction
        to be
        invalid, void, or unenforceable, the remaining provisions will nevertheless
        continue in full force without being impaired or invalidated in any way.
        

      

      

      10.10
        Further Assurances. 

      ------------------------ 

      The
        parties agree to take all further actions, including execution of documents,
        which are reasonably necessary to effectuate the transaction contemplated
        by
        this Agreement. 

      

      10.11
        Binding on Successors. 

      ---------------------------- 

      This
        Agreement and covenants and conditions herein contained shall apply to, be
        binding upon and inure to the benefit of the respective heirs, administrators,
        executors, legal representatives, assignees, successors and agents of the
        parties hereto. 

      

      10.12
        Specific Performance. 

      ----------------------------
        

      The
        parties agree that remedies, at least for any breach or threat of breach
        of this
        Agreement, may be inadequate and that, in the event of any such breach or
        threat
        of breach, the non-breaching party will be entitled, in addition to all other
        rights and remedies otherwise available at law or in equity, to the equitable
        remedy of injunctive relief to enforce the provisions of this Agreement.
        

      

      10.13
        Joint Preparation. 

      ------------------------
        

      This
        Agreement is to be deemed to have been jointly prepared by the parties hereto
        and any uncertainty and ambiguity existing herein shall not be interpreted
        against any party hereto, but according to the application of the rules of
        interpretation of contracts, if any such uncertainty or ambiguity exists.
        

      

      10.14
        Counterparts. 

      -------------------
        

      This
        Agreement can be executed in one or more counterparts and the counterparts
        signed in the aggregate shall constitute a single, original instrument. A
        facsimile/photocopy of this Agreement may be used in lieu of the original
        for
        all purposes. 

      

      

      

      

      IN
        WITNESS WHEREOF, the parties have executed this Agreement (consisting of
        7
        pages) so that it is deemed effective as of the day and year first written
        above. 

      

      SalesRepCentral.com,
        Inc.     Scott
        Gallagher (Executive)

      

      By:
        /s/ Ralph Massetti     
By:
        /s/ Scott Gallagher

      

      

      

      Dated:___03-20-07________   
 Dated:____03-20-07_____Lock-Up/Leak-Out Agreement - Ralph Massetti

    Schedule
      “C”

    

    LOCKUP/LEAK-OUT
      AGREEMENT

    

    THIS
      LOCKUP AGREEMENT
      dated as
      of 3-20-2007 (the "Agreement") is made by and between SalesRepCentral.Com,
      Inc,
      a Nevada corporation (hereinafter referred to as the "Company"), and Ralph
      Massetti (hereinafter, referred to herein as the “Selling
      Shareholder”).

    

    W
      I T N E S S E T H:

    

    WHEREAS,
      pursuant to the terms and conditions of a certain Share Purchase Agreement
      by
      and between SalesRepCentral.Com, Inc., and 221 Fund, LLC., a Florida limited
      liability company, dated as of the date hereof among the Selling Shareholder
      and
      the Company (the "Share Purchase Agreement"), the Company has agreed to issue
      to
      the Selling Shareholder one million five hundred thousand (1,500,000) shares
      of
      common stock, as more fully described in said Share Purchase Agreement;
      and

    

    WHEREAS,
      to
      induce the Company to execute and deliver the Share Purchase Agreement, the
      Selling Shareholder has agreed to (“Lock-up”) not offer for sale, sell assign,
      pledge, issue, distribute, grant any option or enter into any contract for
      sale
      of or otherwise dispose of (any such action being hereafter referred to as
      a
“Transfer”) any shares for a period of six (6) months from the closing date of
      the stock purchase agreement. The selling shareholder further agrees to limit
      the number of shares the Selling Shareholder can dispose of in any one (1)
      month
      period hereafter (“Leak-out”);

    

    NOW,
      THEREFORE,
      in
      consideration of the premises and the mutual covenants contained herein and
      other good and valuable consideration, the receipt and sufficiency of which
      are
      hereby acknowledged, the Company and the Purchaser hereby agree as
      follows:

    

    1. The
      Selling Stockholder agrees that for a period of six (6) months (the
“6-month
      Lockup Period”)
      from
      the closing date of the stock purchase agreement, the Selling Shareholder will
      not, without the prior written consent of the then current Board of Directors
      of
      the Company, directly or indirectly, offer for sale, sell assign, pledge, issue,
      distribute, grant any option or enter into any contract for sale of or otherwise
      dispose of (any such action being hereafter referred to as a “Transfer”) of any
      shares owned. The selling stockholder agrees not to sell (the “12-month
      Leak-out Period”)more
      than 1/12
      of
      the
      common stock shares of the Company in any one of the twelve (12), one (1) month
      periods that hereinafter comprise the 12-month Leak-out Period or any other
      securities of the Company.

    

    2. In
      furtherance of the foregoing, the Company and its transfer agent and registrar
      are hereby authorized to decline to make any transfer of any security if such
      transfer would constitute a violation or breach of this Agreement. The
      provisions of this Agreement shall be binding on the undersigned and the
      assigns, heirs, and personal representatives of the undersigned and shall be
      for
      the benefit of the Company and the Selling Shareholder.

    

    IN
      WITNESS WHEREOF,
      this
      Agreement has been duly executed by the legally authorized representatives
      of
      the undersigned on March 20.2007.

     

    "Company"

    SALESREPCENTRAL.COM,
      INC. 

    

    

    By: /s/
      Scott Gallagher     

    ___________________________,
      President 

    

    

    "SELLING
      SHAREHOLDER"

    

     

    By:
      /s/
      Ralph Massetti     

    Ralph
      Massetti

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