Document:

Marketing Managers Agreement

 Exhibit 10.23 
 R29/10/86 
 MARKETING MANAGER’S AGREEMENT

 THIS AGREEMENT ENTERED INTO IN THE CITY OF Ottawa, IN THE PROVINCE OF Ontario, THIS 2 DAY OF November, 1994. 
  

			
	BY AND BETWEEN:	  	QUANTUM INFORMATION RESOURCES LIMITED, a body corporate and politic, duly incorporated pursuant to the laws of Canada,
		
		  	(hereinafter referred to as “Quantum”)
		
	AND:	  	Jason Trussell, of the City of Brockville, in the Province of Ontario
		
		  	(hereinafter referred to as the “Employee”)

 W H E R E A S Quantum is engaged in providing services to its clients in the field of
computer programming, systems analysis and design, and in providing general consultation services to persons, firms and corporations in all the matters related to the field of electronic data processing and information and to the field of management
consulting; 
 A N D W H E R E A S Quantum desires to engage the Employee and the Employee desired to be engaged as a marketing
manager (hereinafter referred to as a “Marketing Manager”) to: 
  

	 	(a)	solicit and service clients and prospective clients for and on behalf of Quantum which service shall include, without limiting the generality of the foregoing, the
control and supervision of the client accounts allocated to such Marketing Manager and the completing of all orders received from such allocated client accounts; 

  

	 	(b)	execute those functions generally included in “general marketing”; 

  

	 	(c)	supervise Quantum’s technical personnel; 

  

	 	(d)	perform the administrative tasks related to the above; and 

  

	 	(e)	 other supervisory, administrative and managerial functions

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as may be delegated to the Employee by Quantum from time to time; 

 A N D W H E R E A S clients and prospective clients and their respective employees and the employees of Quantum represent part of the goodwill of Quantum and a substantial asset of its business and the
Employee recognizes the significance to Quantum of Quantum’s client and prospective client lists and of information relating to the clients and the employees of Quantum; 
 NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises and the mutual covenants set forth herein and for other good and valuable consideration (the receipt and sufficiency whereof
is hereby acknowledged by the parties hereto) the parties hereto covenant and agree to and with each other as follows: 
 Article 1 –
Preamble 
 1. The preamble hereto shall form part hereof as though recited at length herein. 
 Article 2 – Definitions 
 2.00
In this Agreement, unless otherwise provided, the following words and phrases shall have the following meanings respectively: 
 2.01
“Agreement” means this Agreement and all the schedules annexed hereto and which form a part hereof, together with all amendments to the Agreement or to the schedules as may be agreed to in writing by the parties hereto; 
 2.02 “Business” means the business or businesses presently or in the future carried on by Quantum and being the business of computer programming,
systems analysis and design, general consultation and services in all matters related to the field of electronic data processing including, but without limiting the generality of the foregoing, contract software, computer hardware, package software
and package systems, systems analysis, design, installation, operation and repair and the business of providing consulting services, including, without limitation, management and personnel consulting; 
 2.03 “Client” means any Person who, at the date of termination of the employment provided for herein or at any time during the twelve
(12) months immediately preceding such termination, was a client of Quantum with whom the Employee, in the course of his/her employment,

  

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had dealings or negotiations, and shall further mean all prospective clients of Quantum, the securing of whose business was the subject of negotiations or dealings by the Employee with any such
prospective clients at any time within the twelve (12) months immediately preceding the date of termination of the Employee’s employment with Quantum; 
 2.04 “Computer Services” refers to all products and services marketed by Quantum, either now or in the future including, but without limiting the generality of the foregoing, contract software,
computer hardware, packaged software and packaged systems; 
 2.05 “Confidential Information and Trade Secrets” shall have the meaning
hereinafter in paragraph 8.02 ascribed to it; 
 2.06 “Fiscal Year” means any such twelve (12) month period or such shorter
period as may be designated by Quantum from time to time and at any time. Until otherwise changed, Quantum hereby designates the Fiscal Year to be the period commencing on the 1st day of July in any year and terminating on the 30th day of June in
the immediately following year; 
 2.07 “Person” means any individual, firm, partnership, joint venture, company, corporation,
syndicate, association, government, governmental board or agency or any other organization; 
 2.08 “Quantum” refers to Quantum and
all its associated, affiliated, and subsidiary corporations as those terms are defined in the Business Corporations Act (Ontario), 1982, S.O. 1982, c. 4, as amended, and the Securities Act (Ontario), R.S.O. 1980, c. 466, as amended. 
 Article 3 – Employment 
 3.01
Quantum employs the Employee as a Marketing Manager of Quantum in the field of computer programming, systems analysis and design and in providing general consultation to management and in all other matters related to the field of electronic data
processing and management and personnel consulting. 
 3.02 The Employee acknowledges and agrees that he/she shall be responsible for the
solicitation of Clients and for the account management and servicing of Clients, whether such Clients were secured or obtained by the Employee or were assigned to the Employee by Quantum. 
  

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 3.03 The Employee acknowledges and agrees with Quantum that his/her functions may, from time to time, be
changed or altered and the Employee hereby acknowledges and agrees that Quantum may, from time to time, re-assign the Employee or change or alter the functions of the Employee. 
 3.04 During the term of this Agreement, the Employee shall devote his/her best efforts and his/her entire time, skill, energy and attention to promote and advance the interests of Quantum and will carry
on such work as may be required of the Employee by Quantum, its directors and officers, and subject to its and their instruction, direction and control. 
 Article 4 – Term 
 4.01 The employment of the Employee hereunder shall commence
as of the date hereof and shall continue thereafter in full force and effect unless and until terminated as hereinafter provided. 
 4.02 Any
and all previous agreements, written or oral, between the parties hereto or on their behalf relating to the subject matter of this Agreement are hereby terminated and cancelled to the extent that same are inconsistent with contradict or vary or
purport to vary this Agreement and each of the parties hereto hereby releases and forever discharges the other of and from all manner of actions, causes of action, claims and demands whatsoever under or in respect of all such agreements. 

Article 5 – Compensation 
 5.00 Quantum agrees to pay to the Employee as compensation for the services to be performed by the Employee under the terms of this Agreement, the sums outlined in this Article 5 (the whole of which is sometimes hereinafter referred to as
the “Compensation”). The Compensation shall comprise the following: 
 5.01 an annual salary, if any, in the amount as may be agreed
upon from time to time by Quantum and the Employee, and the parties hereto acknowledge that, as of the date hereof, the annual salary, if any, is as set out in Schedule “A” annexed hereto, as amended by Quantum from time to time and at any
time upon notice in writing to the Employee, (hereinafter referred to as the “Base Salary”); and 
 5.02 commissions or bonuses
(hereinafter referred to as “Commissions”) as determined by Quantum. Without limiting the generality of the foregoing, Quantum may designate Commissions as a fixed or pre-determined amount or as a percentage of the net sales of

  

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the Employee in a Fiscal Year from the obtaining of Clients by the Employee or from the provision of services to the Clients by the Employee or from the management of the Clients’ accounts
by the Employee. The Commissions and the basis for the calculation of same shall not be cumulative from one year to the next. If the dates of commencement or termination of employment shall be other than the commencement date or termination date of
the Fiscal Year designated by Quantum, then the Commissions shall be calculated independently for such incomplete Fiscal Year. The Employee acknowledges that certain Client accounts may be assigned to the Employee and that such accounts may be
re-assigned to other employees and that the Employee’s functions as a Marketing Manager may frequently involve the management, administration and servicing of existing Client accounts and personnel and may often be done in conjunction with
other employees of Quantum; 
 5.03 It is expressly acknowledged and agreed that the Base Salary, the rates of Commission payable and the
amounts upon which such Commission shall be calculated shall be determined and paid in accordance with Schedule “A” annexed hereto, which Schedule may be amended by Quantum from time to time and at any time upon notice in writing to the
Employee; 
 5.04 The Employee has been advised and hereby acknowledges and agrees that Quantum shall have absolute control over the
determination of any fixed or predetermined amount of Commission, of the percentages or rates of Commission payable with respect to any Clients’ accounts and of the net sales generated by or allocated to any Client and upon which the
Commissions payable to the Employee shall be calculated; 
 5.05 Unless otherwise specified in Schedule “A” or any amendments thereto,
Commissions shall become due to the Employee when a contract for service has been completed and costed and shall be payable to the Employee only upon receipt by Quantum from the Clients of payment for services rendered and if payment is made by
installments, Commissions shall be paid as installments are received by Quantum and such Commission payments shall be that proportion of the total Commission that the installment payment is to the total contract price less all applicable expenses.
The Employee shall be permitted to verify the accounting entries of Quantum relative to the calculation of Commission to be received by the Employee; 
 5.06 If applicable, Commissions for temporary staffing may be credited to the Employee’s draw account on a weekly basis when the payroll for such staffing is prepared by Quantum. Commissions may

  

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be paid by Quantum in the form of a credit to the Employee’s draw account; 
 5.07
The Employee acknowledges and agrees that the Client sheets that are completed and maintained for every Client and/or every service rendered to a Client (hereinafter referred to as “Contract Initiation Sheets”) shall set forth the terms,
conditions, amount, percentage and basis for calculation of the Commissions referrable to such Clients or services and the Employee hereby agrees to be bound thereby. To the extent that Schedule “A” (as amended from time to time) or the
Client Information Sheets modify or are inconsistent with the terms of this Article 5, this Article 5 shall be modified and amended so as to conform to Schedule “A” or the Client Information Sheets, as the case may be, which shall govern
and determine the Commission payable. 
 6.01 The Employee agrees to accept as final the determination of Commissions that he/she shall be
entitled to receive as ascertained by the auditors of Quantum; provided, however, that if the Employee is of the view that an error has been made by the said auditors, he/she may, no later than three (3) months after the determination of any
Commission, request a re-audit by the said auditors and if such re-audit shall indicate that an error has been made in excess of two percent (2%) of the amount of the Commissions which are due to the Employee, then Quantum shall pay for the
cost of such re-audit, otherwise, the cost of such re-audit shall be paid by the Employee and Quantum is hereby entitled to deduct such costs from the Base Salary and Commission payable from time to time and at any time to the Employee. 

6.02 Quantum hereby reserves the right and the Employee hereby acknowledges and agrees that Quantum shall have the right, in its absolute discretion and
from time to time and at any time, to assign Clients to the Employee and to remove Clients from the Employee and to make commission arrangements that differ from the usual commission rate or base and the Employee hereby agrees to be bound by all
such actions of Quantum. 
 6.03 The Employee, shall be entitled to be reimbursed for reasonable expenses actually and properly incurred by the
Employee for the entertainment of customers and usual travelling expenses. For all such expenses the Employee shall furnish to Quantum invoices or vouchers in order to substantiate a claim for reimbursement. 
 6.04 In addition to the foregoing, the Employee may be paid such other remuneration (if any) as may from time to time be determined by Quantum, which
additional remuneration may be increased, decreased or terminated without notice at the discretion of Quantum. 
  

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 6.05 Quantum may, from time to time, permit the Employee to draw on account of the Compensation, which
sums or draws, if any, shall be applied against, deducted from and repaid out of the amounts to be paid by Quantum to the Employee as Compensation as hereinbefore provided. In the event that the Employee ceases to be employed by Quantum, for any
reason, the amount by which such draw exceeds the amount of Compensation due and payable to the Employee, shall forthwith become due and payable by the Employee to Quantum and the Employee hereby authorizes Quantum to and agrees that Quantum may
deduct any such excess from any other amounts due and owing to the Employee upon termination. In the event that the draw amount is less than the Compensation due and payable to the Employee, this amount shall become immediately due by Quantum to the
Employee upon termination, the whole in accordance with this Article 5 and all paragraphs and sub-paragraphs herein contained, providing that all other clauses of this Agreement have been respected. 
 Article 6 – Covenants of The Employee 
 7.00 Inventions and Improvements 
 7.01 The Employee agrees that any and all discoveries, inventions or improvements, whether
patentable or not, made, discovered, conceived, invented or improved by the Employee during the term of his/her employment hereunder (and all discoveries, inventions, or improvements, whether patentable or not, made, discovered, conceived, invented
or improved by the Employee during the term of any previous employment, relationship or agreement with Quantum) in any way relating to any process, formula, plan, skill, research, equipment, device, structure, programme, machinery or method of doing
business, including modes of merchandising and marketing personnel placement, developed or being developed, made, used or sold by or known to Quantum during the term of employment of the Employee hereunder (or, if applicable, during the course of
his/her previous employment, relationship or agreement with Quantum) or resulting from or suggested by any work which the Employee may do for Quantum are and shall remain the sole, exclusive property of Quantum and the Employee agrees that he/she
will, whenever as requested (and without expense to Quantum), convey to Quantum to the sole and exclusive right, title and interest in and to the said inventions and/or improvements and execute any and all applications, assignments and other
instruments which Quantum may deem necessary in order for it to apply for and receive patents, trademarks, trade names, copyrights and the like in Canada or in foreign countries for said inventions or improvements. The Employee’s obligation to
execute the papers herein referred to shall continue

  

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beyond the termination of this Agreement with respect to any and all inventions and improvements conceived of or made by him/her during the term of this Agreement or during the term of any
previous employment, relationship or agreement with Quantum and such obligations shall be binding upon the heirs, executors, administrators or legal personal representatives of the Employee. The Employee shall not (either during the continuance of
his/her employment by Quantum or at any time thereafter) disclose any of such discoveries, inventions and improvements to any Person or use any such discovery, invention or improvement for his/her own purposesor for any purposes other than those of
Quantum. 
 8.00 The Business and Confidential Information and Trade Secrets 
 8.01 The Employee has been advised and acknowledges that Quantum presently carries on the business of computer programming, systems analysis and design,
general consultation and services in all matters related to the field of electronic data processing including, but without limiting the generality of the foregoing, contract software, computer hardware, package software and package systems, systems
analysis, design, installation, operation and repair and the business of consulting including, without limitation, management and personnel consulting (hereinbefore and hereinafter referred to as the “Business”); 
 8.02 The Employee has also been advised and acknowledges that in the course of his/her previous relationship with Quantum (if any) and in the course of
carrying out, performing and fulfilling his/her responsibilities to Quantum hereunder, the Employee will be assisting in developing and maintaining Quantum’s goodwill and trade connections with its Clients and will have or has had, during
his/her previous relationship with Quantum (if any) access to, gain(ed) knowledge of any be(een) entrusted with detailed confidential information and trade secrets: 
  

	 	(a)	relating to the past, present and contemplated services, techniques and modes of merchandising, placement and routines; 

  

	 	(b)	concerning the Clients and potential Clients of Quantum, their names, addresses, tastes and preferences, their cyclical or other particular business requirements;

  

	 	(c)	relative to the data processing systems, personnel placement systems and proprietary programmes developed, owned, employed or licensed by Quantum;

  

	 	(d)	concerning employees of Quantum; and 

  

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	 	(e)	concerning employees of the Clients of Quantum; 

 (hereinbefore and hereinafter referred to as “Confidential Information and Trade Secrets”) the disclosure of any of which detailed and confidential information and trade secrets to competitors of Quantum or to the general public
would be highly detrimental to the best interests of Quantum. The Employee further acknowledges that in the course of performing his/her obligations to Quantum hereunder, the Employee will be the principal representative of Quantum to many of the
clients of Quantum and, as such, will be significantly responsible for developing, maintaining or enhancing the goodwill of Quantum with such clients. The Employee acknowledges and agrees that the right to maintain the confidentiality of such
confidential information and trade secrets, and the right to preserve its goodwill, constitute proprietary rights which Quantum is entitled to protect; 
 8.03 Having regard to the provisions of paragraphs 8.01 and 8.02 of this section 8.00, the Employee covenants and agrees with Quantum that: 
  

	 	(a)	he/she will not, either during the term of his/her employment by Quantum or at any time thereafter, disclose any of such detailed Confidential Information and Trade
Secrets to any person, firm or corporation, nor shall he/she use the same for any purposes other than those of Quantum, nor shall he/she disclose or use for any purposes other than those of Quantum the private affairs of Quantum or any other
information which the Employee may acquire during the course of his/her employment hereunder with relation to the business and affairs of Quantum, and, without limiting the generality of the foregoing, the trade secrets and knowledge relative to the
field of electronic data processing and/or business know-how or client lists; 

  

	 	(b)	he/she will not, following termination of his/her employment hereunder (without the prior written consent of Quantum) at any time within the periods of time specified
in paragraph 8.04 of this section 8.00 following the termination of his/her employment hereunder in any Specified Capacity (as hereinafter defined), solicit, whether by written or oral communications or otherwise, any Client in respect to any form
of business which Quantum carries on with the Client. Quantum shall provide the Employee with a list of such clients on termination, such list to be prepared in accordance with this definition; 

  

	 	(c)	 he/she will not, except as an Employee of Quantum, at any

  

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time within the periods specified in paragraph 8.04 of this section 8.00 hereof, following the termination of his/her employment hereunder, within the area specified in Schedule “ B”
attached hereto and which forms a part hereof in any Specified Capacity (as hereinafter defined), carry on or be engaged in or concerned with or interested in, other than as an employee only, any business of the character described in paragraph 8.01
of this section 8.00 or any other business now or, at any time during the course of the employment of the Employee hereunder, carried on by Quantum; 

  

	 	(d)	he/she will not, during the term of this Agreement, or at any time thereafter, directly or indirectly solicit, divert, take away or attempt to solicit, divert or take
away from Quantum any of its employees, independent contractors or sub-contractors. 

 8.04 The provisions of clauses (b) and
(c) of paragraph 8.03 of this section 8.00 shall: 
  

	 	(a)	not apply to the Employee, if his/her employment is terminated less than three (3) months after its commencement; 

  

	 	(b)	apply to the Employee, if his/her employment terminates more than three (3) months but less than twelve (12) months after commencement, for a period of six
(6) months from the date of termination; 

  

	 	(c)	apply to the Employee, if his/her employment terminates more than twelve (12) months after commencement, for a period of twelve (12) months from the date of
termination; 

 8.05 “Specified Capacity” wherever used in this section 8.00 and for the purposes of this Agreement
shall mean: 
 (i) as an individual or proprietor; 
 (ii) as a co-owner, partner with or shareholder of any other person; 
 (iii) as an
employee, officer or director of any other person; 
 (iv) as manager for any other person; 
  

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 (v) as agent for any other person; 
 (vi) as a co-adventurer, joint venturer or participator in interest with any person; 
 (vii) as advisor to any other person; 
 provided always that nothing in this paragraph shall prohibit the Employee from holding shares, debentures or other securities listed on a recognized stock exchange; 
 8.06 The covenant or covenants in paragraphs 8.01, 8.02, 8.03, 8.04 and 8.05 of this section 8.00 shall be construed as if it is or they are divided into
separate and distinct covenants in respect of each Specified Capacity (as hereinbefore defined) and each such distinct covenant shall constitute a separate and severable covenant from all other such distinct covenants. Without prejudice to the
generality of the foregoing: 
  

	 	(a)	Insofar as any such covenants relates to a Specified Capacity, it shall be separate and severable from such other covenants insofar as it relates to any other Specified
Capacity; 

  

	 	(b)	Insofar as any such covenant relates to a business hereinbefore described, it shall be separate and severable from such other covenants insofar as it relates to any
other business hereinbefore described; and 

  

	 	(c)	If any covenant is determined to be unenforceable or declared invalid in whole or in part for any reason whatsoever, it shall be deemed not to affect or impair the
enforceability or validity of any other covenant or any part thereof. 

 The Employee agrees that all restrictions
contained in this Section 8.00 are reasonable, necessary and fundamental for the protection of Quantum’s businesses as hereinbefore described in paragraph 8.01, and that a breach by the Employee of any covenant or provision in this
Section 8.00 would result in damages to Quantum which could not be adequately compensated for by a monetary award to Quantum. Accordingly, it is expressly agreed by the Employee that in addition to all other remedies available to it, Quantum
shall be entitled to the immediate remedy of a restraining order, injunction or such other form of injunctive relief as may be decreed or issued by any court of competent jurisdiction to restrain or enjoin the Employee from breaching any such
covenant or provision. All defence to the strict enforcement of the terms and conditions hereof are hereby waived by the Employee. 
  

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 9.01 The Employee has been advised and the Employee hereby acknowledges that from time to time Clients
may require that Quantum and/or its employees and sub-contractors execute non-disclosure and non-competition covenants with respect to safeguarding the business, inventions, trade secrets and employees of the Clients, being assets which the Clients
are entitled to protect. The Employee hereby agrees that same is reasonable and that the Employee shall honour and abide by all such restrictive and non-competition covenants of the Clients of which the Employee is advised. The Employee further
agrees that he/she does hereby and that he/she shall from time to time and at all times hereafter fully indemnify and save and hold harmless Quantum from and against all actions and damages arising out of any failure, on the part of the Employee, to
comply with the restrictive and non-competition covenants requested by Clients; 
 9.02 Notwithstanding any termination of this Agreement, all
the covenants and provisions of this Article 6, and all paragraphs and sub-paragraphs herein contained, shall survive such termination and shall continue in full force and effect. 
 Article 7 – Termination 
 10.01 The Employee and Quantum hereby agree that there
shall be a probationary term of the employment provided for herein for a period of six (6) months from the date hereof, during which time it is agreed that Quantum may terminate the employment of the Employee as follows: 
  

	 	(a)	immediately and without any notice for cause and, without limiting the generality of the foregoing, in the event that the Employee is guilty of willful misconduct or
disobedience or willful neglect of duty that has not been condoned by Quantum; or 

  

	 	(b)	upon one week’s notice in writing to the Employee; 

 and the Employee hereby acknowledges that the terms of this paragraph 10.01 and the provision for a period of evaluation and termination are reasonable and necessary to Quantum. 
 10.02 The employment of the Employee hereunder may be terminated in the following manner in the following circumstances: 
  

	 	(a)	at any time and immediately by notice in writing from Quantum to the Employee for cause; 

  

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	 	(b)	upon notice in writing given by either party to the other, which notice in writing may be given at any time, and the notice period shall be as follows:

 (i) one (1) week’s notice if the period of employment is less than one (1) year; 
 (ii) two (2) weeks’ notice if the period of employment is more than one (1) year but less than two (2) years; 

(iii) thirty (30) days notice if the period of employment is more than two (2) years but less than three (3) years;

 (iv) sixty days (60) days notice if the period of employment is more than three (3) years but less than four
(4) years; and 
 (v) ninety (90) days notice if the period of employment is four (4) years or more; 

 

	 	(c)	If any covenant is determined to be unenforceable or declared invalid in whole or in part for any reason whatsoever, it shall be deemed not to affect or impair the
enforceability or validity of any other covenant or any part thereof. 

 Article 8 – General 
 11.01 Quantum shall have the right from time to time to apply for and take out in its name and at its own expense, life, health or other insurance upon the
Employee in any sums, which may be deemed necessary by Quantum to protect its interests under this Agreement, and the Employee shall do all such things as may be necessary to assist in the procuring of such insurance by making a proper application
therefor as may be required by the insurance company and submitting to the usual and customary medical examinations. The Employee shall have no right, title or interest in or to such insurance, but the same shall be solely for the benefit of Quantum
and any amounts payable thereunder shall be solely payable to Quantum. 
 11.02 Any notice, or other communication required or permitted to be
given to any party pursuant to any of the provisions of this Agreement shall be sufficiently given if such notice or other communication is in writing and is delivered to such party personnally, or mailed by Registered Mail, postage prepaid,
addressed to such party as follows: 
 To Quantum, QUANTUM INFORMATION RESOURCES LIMITED at: 
 2000 McGill College Avenue 
 Montreal, Quebec 
 H3A 3H3 
  

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 Attention: Mr. Lyon Gould 
 1410-50 O’Connor Street 
 Ottawa, Ontario 
 K1P 6L2 
 Attention: Mr. Ron Bevan 
 To the Employee at: 
 P.O. Box 425 
 Brockville, Ontario 
 K6V 5V6 
 or to such other address for such party as either of them may from time to time notify the other party in the manner
hereinbefore provided, and any such notice, or other communication shall be deemed to have been received by any such party when delivered to it or him, or if mailed as aforesaid, on the second business day following the date of mailing. 

11.03 The invalidity of any provision of this Agreement or any covenant herein contained on the part of any party hereto shall not affect the validity of
any other provision or covenant hereof or herein contained. 
 11.04 The waiver by Quantum of a breach of any provision of this Agreement by the
Employee shall not operate or be construed as a waiver of any subsequent breach by the Employee. 
 11.05 The provisions of this Agreement shall
be governed by and interpreted in accordance with the laws of the Province of Ontario and each of the parties hereto hereby irrevocably attorns to the jurisdiction of the Courts of such Province. 
 11.06 The provisions of this Agreement shall enure to the benefit of and be binding upon the heirs, executors, administrators and legal personal
representatives of the Employee and the successors and assigns of Quantum, respectively. 
 11.07 Each of the parties hereto covenant and agree
to execute, acknowledge and deliver such further documents and assurances as may

  

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be required from time to time to give full force and effect to the provisions of this Agreement. 
 11.08 Unless the context otherwise requires, word importing the singular include the plural and vice versa and words importing gender include all genders. 
 11.09 This Agreement may not be assigned by the Employee, but may be assigned by Quantum. 
 11.10
The foregoing contains the entire agreement between the parties hereto, and no modification thereof shall be binding upon the parties unless the same is in writing and signed by the respective parties hereto. 
 11.11 The parties hereto recognize that they have required the present Agreement, as well as all documents, notices and legal proceedings, entered into,
given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. 
 Les parties aux
présentes reconnaissent avoir exigé la rédaction en anglais de la présente convention, ainsi que de tous les documents, incluant tous les avis et procédures judiciaires exécutés, donnés, ou
intentés à la suite de ou en rapport, directement ou indirectement, à la présente convention. 
 IN
WITNESS WHEREOF THIS AGREEMENT HAS BEEN EXECUTED BY THE PARTIES HERETO. 
  

					
		 	QUANTUM INFORMATION RESOURCES LIMITED
			
		 	Per:	 	 

		 		 	Duly authorized signing officer
			
		 	Per:	 	 

		 		 	Duly authorized signing officer
		 		 	c/s
			
	 

	 		 	 /s/ Jason Trussell

	Witness	 		 	The Employee
		 		 	                            Jason
Trussell

  

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 SCHEDULE “A” 
 to the Marketing Manager Trainee Employment Agreement (R29/10/86) 
 Between Quantum and the Employee 
 1.0 This is Schedule “A”
referred to in the foregoing Employment Agreement. 
 2.0 Effective November 14/94 your Compensation package will be as follows:

 2.1 A Base Salary of $30,000.00 payable fortnightly in 26 equal payments of $1,153.85, subject to the normal employee deductions. 

 

	 	(a)	Quota (Quota being established at $ N/A for the Fiscal Year). 

  

	 	(b)	(Target being established at $ N/A for the Fiscal Year). 

  

			
		 	Agreed to:
		
		 	Quantum:
		
	per:	 	 

		
		 	 /s/ Jason Trussell

		 	Employee
		 	                            Jason
Trussell

  

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 SCHEDULE “B” 
 to the Marketing Manager’s Employment Agreement (R29/10/86) 
 Between Quantum and the Employee 
 1. This is Schedule “B” referred to in the foregoing
Employment Agreement. 
 2. The Area in respect of which subparagraph 8.03 (c) is applicable is: 
  

	 	(a)	within the City of Ottawa; 

  

	 	(b)	within ten (10) miles of the geographical boundaries of all municipalities or ports at which the Employee had worked for a period of three (3) months or more
in the six (6) months immediately preceding the date of termination under the aforesaid Employment Agreement. 

 3. The
covenant or covenants pertaining to the subparagraphs of paragraph 2 herein shall be construed as if it is or they are divided into separate and distinct covenants in respect of each of the businesses described in paragraph 8.01 of said Employment
Agreement and in respect of each area as hereinbefore described and each such distinct covenant shall constitute a separate and severable covenant from all other such distinct covenants. 
  

			
		 	Agreed to:
		
		 	QUANTUM:
		
	Per:	 	 

		
		 	 /s/ Jason Trussell

		 	Employee
		 	                            Jason
Trussell

  

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 INDIVIDUAL CONFIDENTIALITY AGREEMENT 
 WHEREAS, iGATE Corporation (“iGATE”) is evaluating a possible internal reorganization (“Project Mustang”);

 WHEREAS, the undersigned individual may become privy to certain confidential information concerning Project Mustang in
order to assist iGATE in its evaluation of Project Mustang; 
 NOW, THEREFORE, the undersigned individual, intending to
be legally bound, hereby agrees as follows: 
  

	 	1.	To treat all information concerning Project Mustang confidentially. 

  

	 	2.	Not to disclose the fact that discussions concerning Project Mustang are taking place to anyone who does not need to know the information in the conduct of their duties
at or on behalf of iGATE (and to comply with Section 3 below with respect to any such disclosures) and not to use such information in any way for personal gain. 

  

	 	3.	To notify and get the approval of Sunil Wadhwani or Viv Penninti or their designee, of anyone to whom the undersigned individual intends to make disclosure concerning
Project Mustang so that they may obtain an executed copy of this agreement from them. 

  

	 	4.	To use the code name Project Mustang when referring to this project. 

  

	 	5.	To take appropriate steps to preserve the confidentiality of Project Mustang, such as labeling documents “confidential,” keeping sensitive documents in locked
file cabinets and avoiding conversations about Project Mustang in areas where they can be overheard. 

 In
addition, the undersigned individual acknowledges that the existence of Project Mustang may be material nonpublic information, that the securities laws prohibit any person who has material nonpublic information about a company from purchasing or
selling securities of such company, and that a violation of those laws or this agreement will subject the undersigned individual to discharge. 
 IN WITNESS WHEREOF, the undersigned has executed this agreement this 31 day of October, 2002. 
  

	
	 /s/ Jason Trussell

	Signature:
	
	 

	WitnessSupplemental Indenture, dated November 1, 2008

 Exhibit 4a(29) 
 SUPPLEMENTAL MORTGAGE 
  
  
 Supplemental Indenture

 Dated November 1, 2008 
  
  
 SUPPLEMENTAL TO 
 FIRST AND REFUNDING MORTGAGE 

 DATED AUGUST 1, 1924 
  
  
 PUBLIC SERVICE
ELECTRIC AND GAS COMPANY 
 TO 
 US BANK NATIONAL ASSOCIATION 
 Trustee 
 21 South Street 
 Morristown, New Jersey 07960 
  
  
 PROVIDING FOR
THE ISSUE OF 
 $275,000,000 FIRST AND REFUNDING MORTGAGE BONDS, 
 MEDIUM-TERM NOTES SERIES F 
  
  
 RECORD IN MORTGAGE BOOK AND RETURN
TO: 
 JAMES T. FORAN, ESQ. 
 80 PARK PLAZA, T5B 
 NEWARK, N.J. 07102-4194 
 Prepared by 
 (DONALD S. LEIBOWITZ, ESQ.)

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 RECITALS
	  	1
	 FORM OF BOND
	  	3
	 FORM OF CERTIFICATE OF
AUTHENTICATION
	  	5
	 GRANTING CLAUSES
	  	6
			
		  	ARTICLE I.	  	
		  	BONDS OF THE MEDIUM-TERM NOTES SERIES F.	  	
		
	 DESCRIPTION OF SERIES
	  	7
			
		  	ARTICLE II.	  	
		  	REDEMPTION OF BONDS OF MEDIUM-TERM NOTES
SERIES F.	  	
			
	 SECTION 2.01.
	  	 Redemption—Redemption Price
	  	7
	 SECTION 2.02.
	  	 Redemptions Pursuant to Section 4C of Article Eight of the Indenture
	  	8
	 SECTION 2.03.
	  	 Interest on Called Bonds to Cease
	  	8
	 SECTION 2.04.
	  	 Bonds Called in Part
	  	8
	 SECTION 2.05.
	  	 Provisions of Indenture Not Applicable
	  	8
			
		  	ARTICLE III.	  	
		  	CREDITS WITH RESPECT TO BONDS OF THE	  	
		  	MEDIUM-TERM NOTES SERIES F.	  	
			
	 SECTION 3.01.
	  	 Credits
	  	8
	 SECTION 3.02.
	  	 Certificate of the Company
	  	8
			
		  	ARTICLE IV.	  	
		  	MISCELLANEOUS.	  	
			
	 SECTION 4.01.
	  	 Authentication of Bonds of Medium-Term Notes Series F
	  	9
	 SECTION 4.02.
	  	 Additional Restrictions on Authentication of Additional Bonds Under Indenture
	  	9
	 SECTION 4.03.
	  	 Restriction on Dividends
	  	9
	 SECTION 4.04.
	  	 Use of Facsimile Seal and Signatures
	  	9
	 SECTION 4.05.
	  	 Time for Making of Payment
	  	9
	 SECTION 4.06.
	  	 Effective Period of Supplemental Indenture
	  	9
	 SECTION 4.07.
	  	 Effect of Approval of Board of Public Utilities of the State of New Jersey
	  	9
	 SECTION 4.08.
	  	 Execution in Counterparts
	  	10
	 ACKNOWLEDGEMENTS
	  	12
	 CERTIFICATE OF RESIDENCE
	  	13

 SUPPLEMENTAL INDENTURE, dated the 1st day of November 2008, for convenience of reference and
effective from the time of execution and delivery hereof, between PUBLIC SERVICE ELECTRIC AND GAS COMPANY, a corporation organized under the laws of the State
of New Jersey, hereinafter called the “Company”, party of the first part, and US Bank National Association, a national banking association organized under the laws of the United States of America, as successor Trustee to Wachovia Bank,
National Association (previously known as Fidelity Union Trust Company) under the indenture dated August 1, 1924, below mentioned, hereinafter called the “Trustee”, party of the second part. 
 WHEREAS, on July 25, 1924, the Company executed and delivered to FIDELITY UNION TRUST
COMPANY, a certain indenture dated August 1, 1924 (hereinafter called the “Indenture”) to secure and to provide for the issue of First and Refunding Mortgage Gold Bonds of the Company; and 
 WHEREAS, the Indenture has been recorded in the following counties of the State of New Jersey, in the offices, and therein in
the books and at the pages, as follows: 
  

							
	 County
	  	Office	  	Book Number	  	Page
Number
	Atlantic	  	Clerk’s	  	1955 of Mortgages	  	160
	Bergen	  	Clerk’s	  	    94 of Chattel Mortgages	  	123 etc.
	Burlington	  	Clerk’s	  	  693 of Mortgages
    52 of Chattel Mortgages	  	88 etc.
 Folio 8 etc.

	Camden	  	Register’s	  	  177 of Mortgages
     45 of Chattel
Mortgages
	  	Folio 354 etc.
 184
etc.

	Cumberland	  	Clerk’s	  	  239 of Mortgages
   786 of
Mortgages
	  	1 etc.
 638 & c.

	Essex	  	Register’s	  	  437 of Chattel Mortgages	  	1-48
		  		  	T-51 of Mortgages	  	341-392
	Gloucester	  	Clerk’s	  	    34 of Chattel Mortgages	  	123 etc.
	Hudson	  	Register’s	  	  142 of Mortgages
   453 of Chattel
Mortgages
	  	7 etc.
 9 etc.

		  		  	1245 of Mortgages	  	484, etc.
	Hunterdon	  	Clerk’s	  	  151 of Mortgages	  	344
	Mercer	  	Clerk’s	  	    67 of Chattel Mortgages	  	1 etc.
	Middlesex	  	Clerk’s	  	  384 of Mortgages
   113 of Chattel
Mortgages
	  	1 etc.
 3 etc.

		  		  	  437 of Mortgages	  	294 etc.
	Monmouth	  	Clerk’s	  	  951 of Mortgages	  	291 & c.
	Morris	  	Clerk’s	  	  N-3 of Chattel Mortgages	  	446 etc.
		  		  	F-10 of Mortgages	  	269 etc.
	Ocean	  	Clerk’s	  	1809 of Mortgages	  	40
	Passaic	  	Register’s	  	 M-6 of Chattel Mortgages	  	178, etc.
		  		  	R-13 of Mortgages	  	268 etc.
	Salem	  	Clerk’s	  	  267 of Mortgages	  	249 etc.
	Somerset	  	Clerk’s	  	    46 of Chattel Mortgages	  	207 etc.
	Sussex	  	Clerk’s	  	N-10 of Mortgages
   123 of Mortgages
	  	1 etc.
 10 & c.

	Union	  	Register’s	  	9584 of Mortgages	  	259 etc.
	Warren	  	Clerk’s	  	  124 of Mortgages	  	141 etc.

  

 1 

 and 
 WHEREAS, the Indenture has also been recorded in the following counties of the Commonwealth of Pennsylvania, in the offices, and therein in the books and at the pages, as follows:

  

							
	 County
	  	Office	  	Book Number	  	Page
Number
	 Adams
	  	Recorder’s	  	22 of Mortgages	  	105
	 Armstrong
	  	Recorder’s	  	208 of Mortgages	  	381
	 Bedford
	  	Recorder’s	  	90 of Mortgages	  	917
	 Blair
	  	Recorder’s	  	671 of Mortgages	  	430
	 Cambria
	  	Recorder’s	  	407 of Mortgages	  	352
	 Cumberland
	  	Recorder’s	  	500 of Mortgages	  	136
	 Franklin
	  	Recorder’s	  	285 of Mortgages	  	373
	 Huntington
	  	Recorder’s	  	128 of Mortgages	  	47
	 Indiana
	  	Recorder’s	  	197 of Mortgages	  	281
	 Lancaster
	  	Recorder’s	  	984 of Mortgages	  	1
	 Montgomery
	  	Recorder’s	  	5053 of Mortgages	  	1221
	 Westmoreland
	  	Recorder’s	  	1281 of Mortgages	  	198
	 York
	  	Recorder’s	  	31-V of Mortgages	  	446

 and 
 WHEREAS, the Indenture granted, bargained, sold, aliened, remised, released, conveyed, confirmed, assigned, transferred and
set over unto the Trustee certain property of the Company, more fully set forth and described in the Indenture, then owned or which might thereafter be acquired by the Company; and 
 WHEREAS, the Company, by various supplemental indentures, supplemental to the Indenture, the last of which was dated
March 1, 2008, has granted, bargained, sold, aliened, remised, released, conveyed, confirmed, assigned, transferred and set over unto the Trustee certain property of the Company acquired by it after the execution and delivery of the Indenture;
and 
 WHEREAS, since the execution and delivery of said supplemental indenture dated March 1, 2008, the
Company has acquired property which, in accordance with the provisions of the Indenture, is subject to the lien thereof and the Company desires to confirm such lien; and 
 WHEREAS, the Indenture has been amended or supplemented from time to time; and 
 WHEREAS, it is provided in the Indenture that no bonds other than those of the 5-1/2% Series due 1959 therein authorized may be issued thereunder unless a supplemental indenture providing
for the issue of such additional bonds shall have been executed and delivered by the Company to the Trustee; and 
 WHEREAS, the Company is making provisions for the issuance and sale of its Secured Medium-Term Notes, Series F (the “Series F Notes”), to be issued under an Indenture of Trust (the “Note Indenture”) dated
as of July 1, 1993 between the Company and The Chase Manhattan Bank (National Association) as predecessor trustee (The Bank of New York Mellon, as successor trustee to the predecessor trustee), as Trustee (the “Note Trustee”); and

 WHEREAS, such Note Indenture provides, among other things, for the pledge and delivery by the Company of a
series of First and Refunding Mortgage Bonds of the Company to evidence the Company’s obligation to pay the principal and interest with respect to outstanding Series F Notes; and for such purpose and in order to service and secure payment of
the principal and interest in respect of the Series F Notes, the Company desires to provide for the issue of $275,000,000 aggregate principal amount of bonds under the Indenture of a series to be designated as “First and Refunding Mortgage
Bonds, Medium-Term Notes Series F” (hereinafter sometimes called “Bonds of the Medium-Term Notes Series F”); and 
  

 2 

 WHEREAS, the text of the Bonds of the Medium-Term Notes Series F and of the
certificate of authentication to be borne by the Bonds of the Medium-Term Notes Series F shall be substantially of the following tenor: 
 (FORM OF BOND) 
 This Bond is not transferable except as provided in the
Indenture and in the Indenture of Trust dated as of July 1, 1993 between the Company and The Chase Manhattan Bank (National Association) (The Bank of New York Mellon, successor trustee) as Trustee. 
  

				
	 REGISTERED
 NUMBER
	  	REGISTERED
AMOUNT
	 R
	  	$	275,000,000

 PUBLIC SERVICE
ELECTRIC AND GAS COMPANY 
 FIRST AND REFUNDING MORTGAGE
BOND, 
 MEDIUM-TERM NOTES SERIES F 
 Public Service Electric and Gas Company (hereinafter called the “Company”), a corporation of the State of New Jersey, for value
received, hereby promises to pay to The Bank of New York Mellon as succssor trustee to The Chase Manhattan Bank (National Association)), under the Indenture of Trust dated as of July 1, 1993 between the Company and such trustee, or registered
assigns, on the surrender hereof, the principal sum of Two Hundred Seventy-Five Million Dollars, on November 1, 2013, and to pay interest thereon from the date hereof, at the rate of 10% per annum, and until payment of said principal sum,
such interest to be payable May 1 and November 1 in each year; provided, however, that the Company shall receive certain credits against such obligations as set forth in the Supplemental Indenture dated November 1, 2008 referred to
below. 
 Both the principal hereof and interest hereon shall be paid at the principal corporate trust office of US Bank
National Association in the City of Morristown, State of New Jersey, or (at the option of the registered owner) at the corporate trust office of any paying agent appointed by the Company, in such coin or currency of the United States of America as
at the time of payment shall constitute legal tender for the payment of public and private debts; provided, however, that any such payments of principal and interest shall be subject to receipt of certain credits against such payment obligations as
set forth in the Supplemental Indenture dated November 1, 2008 referred to below. 
 This Bond is one of the First and
Refunding Mortgage Bonds of the Company issued and to be issued under and pursuant to, and all equally secured by, an indenture of mortgage or deed of trust dated August 1, 1924, as supplemented and amended by supplemental indentures thereto,
including the Supplemental Indenture dated November 1, 2008, duly executed by the Company and US Bank National Association as Trustee. This Bond is one of the Bonds of the Medium-Term Notes Series F, which series is limited to the aggregate
principal amount of $275,000,000 and is issued pursuant to said Supplemental Indenture dated November 1, 2008. Reference is hereby made to said indenture and all supplements thereto for a specification of the principal amount of Bonds from time
to time issuable thereunder, and for a description of the properties mortgaged and conveyed or assigned to said Trustee or its successors, the nature and extent of the security, and the rights of the holders of said Bonds and any coupons appurtenant
thereto, and of the Trustee in respect of such security. 
  

 3 

 In and by said indenture, as amended and supplemented, it is provided that with the written
approval of the Company and the Trustee, any of the provisions of said indenture may from time to time be eliminated or modified and other provisions may be added thereto provided the change does nor alter the annual interest rate, redemption price
or date, date of maturity or amount payable on maturity of any then outstanding Bond or conflict with the Trust Indenture Act of 1939 as then in effect, and provided the holders of 85% in principal amount of the Bonds secured by said indenture and
then outstanding (including, if such change affect the Bonds of one or more series but less than all series then outstanding, a like percentage of the then outstanding Bonds of each series affected by such change, and excluding Bonds owned or
controlled by the Company or by the parties owning at least 10% of the outstanding voting stock of the Company, as more fully specified in said indenture) consent in writing thereto, all as more fully set forth in said indenture, as amended and
supplemented. 
 First and Refunding Mortgage Bonds issuable under said indenture are issuable in series, and the Bonds of any
series may be for varying principal amounts and in the form of coupon bonds and of registered bonds without coupons, and the Bonds of any one series may differ from the Bonds of any other series as to date, maturity, interest rate and otherwise, all
as in said indenture provided and set forth. The Bonds of the Medium-Term Notes Series F, in which this Bond is included, are designated “First and Refunding Mortgage Bonds, Medium-Term Notes Series F”. 
 In case of the happening of an event of default as specified in said indenture and said supplemental indenture dated March 1, 1942, the
principal sum of the Bonds of this series may be declared or may become due and payable forthwith, in the manner and with the effect in said indenture provided. 
 The Bonds of this series are subject to redemption as provided in the Supplemental Indenture dated November 1, 2008. 
 This Bond is transferable, but only as provided in said indenture and the Indenture of Trust dated as of July 1, 1993 between the Company and The Chase Manhattan Bank (National Association) as
predecessor trustee (The Bank of New York Mellon, as successor trustee to the predecessor trustee), as trustee, upon surrender hereof, by the registered owner in person or by attorney duly authorized in writing, at either of said offices where the
principal hereof and interest hereon are payable; upon any such transfer a new fully registered Bond similar hereto will be issued to the transferee. This Bond may in like manner be exchanged for one or more new fully registered Bonds of the same
series of other authorized denominations but of the same aggregate principal amount. No service charge shall be made for any such transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in relation thereto. The Company and the Trustee hereunder and any paying agent may deem and treat the person in whose name this Bond is registered as the absolute owner hereof for the purpose of receiving payment of or on
account of the principal hereof and the interest hereon and for all other purposes; and neither the Company nor the Trustee hereunder nor any paying agent shall be affected by any notice to the contrary. 
 The Bonds of this series are issuable only in fully registered form, in any denomination authorized by the Company. 
 No recourse under or upon any obligation, covenant or agreement contained in said indenture or in any indenture supplemental thereto, or in
any Bond issued thereunder, or because of any indebtedness arising thereunder, shall be had against any incorporator, or against any past, present or future stockholder, officer, or director, as such, of the Company or of any successor corporation,
either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, it being expressly agreed
and understood that said indenture, any indenture supplemental thereto and the obligations issued thereunder, are solely corporate obligations, and that no personal liability whatever shall attach to, or be incurred by, such incorporators,
stockholders, officers or directors, as such, of the Company, or of any successor corporation, or any of them, because of the incurring of the indebtedness thereby authorized, or under or by reason of any of the obligations, covenants or agreements
contained in the indenture or in any indenture supplemental thereto or in any of the Bonds issued thereunder, or implied therefrom. 
  

 4 

 This Bond shall not be entitled to any security or benefit under said indenture, as amended
and supplemented, and shall not become valid or obligatory for any purpose, until the certificate of authentication, hereon endorsed, shall have been signed by US Bank National Association as Trustee, or by its successor in trust under said
indenture. 
 IN WITNESS WHEREOF, the Company has caused this Bond to be duly
executed by its proper officers under its corporate seal. 
 Dated 
  

			
	PUBLIC SERVICE ELECTRIC AND GAS COMPANY,
		
	By	 	 
		 	(Vice) President

 (Seal) 

Attest: 
  

	
	
	  
	(Assistant) Secretary

 (FORM
OF CERTIFICATE OF AUTHENTICATION) 
 CERTIFICATE
OF AUTHENTICATION 
 This Bond is one of the Bonds of the series designated therein which is
described in the within-mentioned indenture and supplemental indenture dated November 1, 2008, as secured thereby. 
  

			
	US BANK NATIONAL ASSOCIATION, TRUSTEE,
		
	By	 	 
		 	Authorized Signatory

  

 5 

 WHEREAS, the execution and delivery of this supplemental indenture have been
duly authorized by the Board of Directors of the Company; and 
 WHEREAS, the Company represents that all things
necessary to make the bond of the series hereinafter described, when duly authenticated by the Trustee and issued by the Company, a valid, and legal obligation of the Company, and to make this supplemental indenture a valid and binding agreement
supplemental to the Indenture, have been done and performed: 
 NOW, THEREFORE,
THIS SUPPLEMENTAL INDENTURE WITNESSETH that the Company, in consideration of the premises and the execution and delivery by the Trustee of this supplemental indenture, and in pursuance of
the covenants and agreements contained in the Indenture and for other good and valuable consideration, the receipt of which is hereby acknowledged, has granted, bargained, sold, aliened, remised, released, conveyed, confirmed, assigned, transferred
and set over, and by these presents does grant, bargain, sell, alien, remise, release, convey, confirm, assign, transfer and set over unto the Trustee, its successors and assigns, forever, all the right, title and interest of the Company in and to
all property of every kind and description (except cash, accounts and bills receivable and all merchandise bought, sold or manufactured for sale in the ordinary course of the Company’s business, stocks, bonds or other corporate obligations or
securities, other than such as are described in Part V of the Granting Clauses of the Indenture, not acquired with the proceeds of bonds secured by the Indenture, and except as in the Indenture and herein otherwise expressly excluded) acquired by
the Company since the execution and delivery of the supplemental indenture dated March 1, 2008 , subsequent to the Indenture (except any such property duly released from, or disposed of, free from the lien of the Indenture, in accordance with
the provisions thereof) and all such property which at any time hereafter may be acquired by the Company; 
 All of which
property it is intended shall be included in and granted by this supplemental indenture and covered by the lien of the Indenture as heretofore and hereby amended and supplemented; 
 UNDER AND SUBJECT to any encumbrances or mortgages existing on property acquired by the Company
at the time of such acquisition and not heretofore discharged of record; and 
 SUBJECT also, to the exceptions,
reservations and provisions in the Indenture and in this supplemental indenture recited, and to the liens, reservations, exceptions, limitations, conditions and restrictions imposed by or contained in the several deeds, grants, franchises and
contracts or other instruments through which the Company acquired or claims title to the aforesaid property; and Subject, also, to the existing leases, to liens on easements or rights of way, to liens for taxes, assessments and governmental charges
not in default or the payment of which is deferred, pending appeal or other contest by legal proceedings, pursuant to Section 4 of Article Five of the indenture, or the payment of which is deferred pending billing, transfer of title or final
determination of amount, to easements for alleys, streets, highways, rights of way and railroads that may run across or encroach upon the said property, to joint pole and similar agreements, to undetermined liens and charges, if any, incidental to
construction, and other encumbrances permitted by the indenture as heretofore and hereby amended and supplemented; 
 TO HAVE AND TO HOLD the property hereby conveyed or assigned, or intended to be conveyed or assigned, unto the Trustee, its successor or successors and assigns,
forever; 
 IN TRUST, NEVERTHELESS, upon the terms, conditions and trusts set forth
in the Indenture as heretofore and hereby amended and supplemented, to the end that the said property shall be subject to the lien of the Indenture as heretofore and hereby amended and supplemented, with the same force and effect as though said
property had been included in the Granting Clauses of the Indenture at the time of the execution and delivery thereof; 
  

 6 

 AND THIS SUPPLEMENTAL INDENTURE
FURTHER WITNESSETH that for the considerations aforesaid, it is hereby covenanted between the Company and the Trustee as follows: 
 ARTICLE I. 
 BONDS OF THE
MEDIUM-TERM NOTES SERIES F. 
 The series of bonds authorized by
this supplemental indenture to be issued under and secured by the Indenture shall be designated “First and Refunding Mortgage Bonds, Medium-Term Notes Series F”; shall be limited to the aggregate principal amount of $275,000,000; shall be
issued initially to the Note Trustee and shall mature and bear interest as set forth in the form of bond set forth herein; provided, however, that the Company shall receive certain credits against principal and interest as set forth in
Section 3.01 hereof. The date of each Bond of the Medium-Term Notes Series F shall be the interest payment date next preceding the date of authentication, unless such date of authentication be an interest payment date, in which case the date
shall be the date of authentication, or unless such date of authentication be prior to the first semi-annual interest payment date, in which case the date shall be November 1, 2008. 
 Bonds of the Medium-Term Notes Series F shall be issuable only in the form of fully registered bonds in any denomination authorized by the
Company. Interest on the Bonds of the Medium-Term Notes Series F shall be payable semi-annually in arrears on May 1 and November 1 of each year, payable initially on May 1, 2009, subject to receipt of certain credits against principal
and interest as set forth in Section 3.01 hereof and shall be payable as to both principal and interest in such coin or currency of the United States of America as at the time of payment shall constitute legal tender for the payment of public
and private debts, at the principal corporate trust office of the Trustee, or at the corporate trust office of any paying agent appointed. 
 Bonds of the Medium-Term Notes Series F shall be transferable and exchangeable, but only as provided in the Indenture and the Note Indenture, upon surrender thereof for cancellation by the registered
owner in person or by attorney duly authorized in writing at either of said offices. The Company hereby waives any right to make a charge for any transfer or exchange of Bonds of the Medium-Term Notes Series F, but the Company may require payment of
a sum sufficient to cover any tax or any other governmental charge that may be imposed in relation thereto. 
 ARTICLE II.

 REDEMPTION OF BONDS OF MEDIUM-TERM
NOTES SERIES F. 
 Section 2.01. Redemption—Redemption Price. Bonds of the Medium-Term
Notes Series F shall be subject to redemption prior to maturity under the conditions, and upon payment of the amounts as may be specified in the following conditions: 
 (a) at any time in whole or in part at the option of the Company upon receipt by the Trustee of written certification of the
Company and of the Note Trustee that the principal amount of the Series F Notes then outstanding under the Note Indenture is not in excess of such principal amount of the Bonds of the Medium-Term Notes Series F as shall remain pledged to the Note
Trustee after giving effect to such redemption; or (b) at any time by the application of any proceeds of released property or other money held by the Trustee and which, pursuant to Section 4C of Article Eight of the Indenture, as amended
and supplemented, are applied to the redemption of Bonds of the Medium-Term Notes Series F, upon payment of 100% of the principal amount thereof, together with interest accrued to the redemption date, provided that any such payment shall be subject
to receipt by the Company of certain credits against such obligations as set forth in Section 3.01 hereof. 
  

 7 

 SECTION 2.02. Redemptions Pursuant to Section 4C of Article Eight
of the Indenture. If, pursuant to Section 4C of Article Eight of the Indenture, as amended and supplemented, any proceeds of released property or other money then held by the Trustee shall be applied to the redemption of the Bonds of the
Medium-Term Notes Series F, the Trustee shall give at least 45 days prior written notice of such redemption to the Note Trustee whereupon on the date fixed for redemption such principal amount thereof as is equal to such proceeds shall be redeemed;
provided that no such redemption shall be made unless the Trustee shall be in receipt of a written certification of the Company and the Note Trustee that a like principal amount of Series F Notes shall have been theretofore redeemed in accordance
with the provisions of the Note Indenture. For purposes of determining which of the Company’s First and Refunding Mortgage Bonds are subject to such mandatory redemption, the Mortgage Trustee shall consider the 10% stated annual interest rate
of the Bonds of the Medium-Term Notes Series F, not the weighted average interest rate of outstanding Series F Notes. Bonds of said series so redeemed shall be cancelled. 
 SECTION 2.03. Interest on Called Bonds to Cease. Each Bond of the Medium-Term Notes Series F or portion thereof called for redemption under Section 2.02 hereof shall be due and
payable at the office of the Note Trustee, as paying agent hereunder, at its redemption price and on the specified redemption date, anything herein or in such Bond to the contrary notwithstanding. From and after the date when each Bond of the
Medium-Term Notes Series F or portion thereof shall be due and payable as aforesaid (unless upon said date the full amount due thereon shall not be held by the Note Trustee, as paying agent hereunder, and be immediately available for payment), all
further interest shall cease to accrue on such bond or on such portion thereof, as the case may be. 
 SECTION 2.04. Bonds Called in Part. If only a portion of any Bond of the Medium-Term Notes Series F shall be called for redemption pursuant to Section 2.02 hereof, upon payment of the portion so called for
redemption, the Note Trustee shall make an appropriate notation upon the Bond of the principal amount so redeemed. 
 SECTION 2.05. Provisions of Indenture Not Applicable. The provisions of Article Four of the Indenture, as amended and supplemented, shall not apply to the procedure for the exercise of any right of redemption reserved by
the Company, or to any mandatory redemption provided, in this Article in respect of the Bonds of the Medium-Term Notes Series F. There shall be no sinking fund for the Bonds of the Medium-Term Notes Series F. 
 ARTICLE III. 
 CREDITS WITH RESPECT TO BONDS OF THE MEDIUM-TERM NOTES SERIES F.

 Section 3.01. Credits. In addition to any other credit, payment or satisfaction to which the Company is entitled with
respect to the Bonds of the Medium-Term Notes Series F, the Company shall be entitled to credits against amounts otherwise payable in respect of the Bonds of the Medium-Term Notes Series F in an amount corresponding to (i) the principal amount
of any of the Company’s Series F Notes issued under the Note Indenture surrendered to the Note Trustee by the Company, or purchased by the Note Trustee, for cancellation, (ii) the amount of money held by the Note Trustee and available and
designated for the payment of principal or redemption price (exclusive of any premium) of, and/or interest on, the Series F Notes, regardless of the source of payment to the Note Trustee of such moneys and (iii) the amount by which principal of
and interest due on the Bonds of the Medium-Term Notes Series F exceeds principal of and interest due on the Series F Notes. The Note Trustee shall make notation on such Bonds authorized hereby of any such credit. 
 SECTION 3.02. Certificate of the Company. A certificate of the Company signed by the President or any Vice President,
and attested to by the Secretary or any Assistant Secretary, and consented to by the Note Trustee, stating that the Company is entitled to a credit under Section 3.01 hereof or that Bonds of the Medium-Term Notes Series F have been cancelled,
and setting forth the basis therefor in reasonable detail, shall be conclusive evidence of such entitlement, and the Trustee shall accept such certificate as such evidence without further investigation or verification of the matters stated therein.

  

 8 

 ARTICLE IV. 
 MISCELLANEOUS. 
 Section 4.01. Authentication of Bonds of
Medium-Term Notes Series F. None of the Bonds of the Medium-Term Notes Series F, the issue of which is provided for by this supplemental indenture, shall be authenticated by or on behalf of the Trustee except in accordance with the provisions of the
Indenture, as amended and supplemented, and this supplemental indenture, and upon compliance with the conditions in that behalf therein contained. 
 SECTION 4.02. Additional Restrictions on Authentication of Additional Bonds Under Indenture. The Company covenants that from and after the date of execution of this supplemental
indenture no additional bonds (as defined in Section 1 of Article Two of the Indenture) shall be authenticated and delivered by the Trustee under Subdivision A of Section 4 of said Article Two on account of additions or improvements to the
mortgaged property; 
 (1) unless the net earnings of the Company for the period required by Subdivision C of
Section 6 of said Article Two shall have been at least twice the fixed charges (in lieu of 1-3/4 times such fixed charges, as required by said Subdivision C); and for the purpose of this condition (a) such fixed charges shall in each case
include interest on the bonds applied for, notwithstanding the parenthetical provision contained in clause (4) of said Subdivision C, and (b) in computing such net earnings there shall be included in expenses of operation (under paragraph
(c) of said Subdivision C) all charges against earnings for depreciation, renewals or replacements, and all certificates with respect to net earnings delivered to the Trustee in connection with any authentication of additional bonds under said
Article Two shall so state; and (2) except to the extent of 60% (in lieu of 75% as permitted by Subdivision A of Section 7 of said Article Two) of the cost or fair value to the Company of the additions or improvements forming the basis for
such authentication of additional bonds. 
 SECTION 4.03. Restriction on Dividends. The Company will not
declare or pay any dividend on any shares of its common stock (other than dividends payable in shares of its common stock) or make any other distribution on any such shares, or purchase or otherwise acquire any such shares (except shares acquired
without cost to the Company) whenever such action would reduce the earned surplus of the Company to an amount less than $10,000,000 or such lesser amount as may remain after deducting from said $10,000,000 all amounts appearing in the books of
account of the Company on December 31, 1948, which shall thereafter, pursuant to any order or rule of any regulatory body entered after said date, be required to be removed, in whole or in part, from the books of account of the Company by
charges to earned surplus. 
 SECTION 4.04. Use of Facsimile Seal and Signatures. The seal of the Company
and any or all signatures of the officers of the Company upon any of the Bonds of the Medium-Term Notes Series F may be facsimiles. 
 SECTION 4.05. Time for Making of Payment. All payments of principal or redemption price of, and interest on, the Bonds of the Medium-Term Notes Series F shall be made either prior to the due date thereof or on the due
date thereof in immediately available funds. In any case where the date of any such payment shall be a Saturday or Sunday or a legal holiday or a day on which banking institutions in the city of payment are authorized by law to close, then such
payment need not be made on such date but may be made on the next succeeding business day with the same force and effect as if made on the due date, and no interest on such payment shall accrue for the period after such date. 
 SECTION 4.06. Effective Period of Supplemental Indenture. The preceding provisions of Articles I, II and III of this
supplemental indenture shall remain in effect only so long as any of the Bonds of the Medium-Term Notes Series F shall remain outstanding. 
 SECTION 4.07. Effect of Approval of Board of Public Utilities of the State of New Jersey. The approval of the Board of Public Utilities of the State of New Jersey of the execution and
delivery of these presents and of the issue of any Bond of the Medium-Term Notes Series F shall not be construed as approval of said Board of any other act, matter or thing which requires approval of said Board under the laws of the State of New
Jersey. 
  

 9 

 SECTION 4.08. Execution in Counterparts. For the purpose of facilitating
the recording hereof, this supplemental indenture has been executed in several counterparts, each of which shall be and shall be taken to be an original, and all collectively but one instrument. 
  

 10 

 IN WITNESS WHEREOF, Public Service Electric and
Gas Company, party hereto of the first part, after due corporate and other proceedings, has caused this supplemental indenture to be signed and acknowledged or proved by its President or one of its Vice Presidents and its corporate seal hereunto to
be affixed and to be attested by the signature of its Secretary or an Assistant Secretary; and US Bank National Association, as Trustee, party hereto of the second part, has caused this supplemental indenture to be signed and acknowledged or proved
by its President or one of its Vice Presidents, and its corporate seal to be hereunto affixed and to be attested by the signature of its Secretary, Assistant Secretary; Vice President, or an Assistant Vice President. Executed and delivered this 7th
day of November 2008. 
 Attest: 
  

			
	PUBLIC SERVICE ELECTRIC AND GAS COMPANY
		
	By	 	 
		 	 M. A. Plawner
 Vice
President

  

	
	Attest:
	
	  
	 S.L. Guibord
 Assistant
Secretary

  

			
	US BANK NATIONAL ASSOCIATION
		
	By	 	 
		 	 N. Barnes
 Vice President

  

	
	Attest:
	
	  
	 P. O’Brien 
 Vice President

  

 11 

			
	 STATE OF NEW JERSEY
	  	      )
		  	SS:)
	 COUNTY OF ESSEX
	  	      )

 Be
it Remembered, that on this 6th day of November, 2008, before me, the subscriber, a Notary Public of the State of New Jersey, personally appeared M.A. Plawner, who, I am satisfied, is a Vice President of Public Service Electric and Gas Company,
one of the corporations named in and which executed the foregoing instrument, and is the person who signed the said instrument as such officer, for and on behalf of such corporation, and I having first made known to him the contents thereof, he did
acknowledge that he signed the said instrument as such officer, that the said instrument was made by such corporation and sealed with its corporate seal, that the said instrument is the voluntary act and deed of such corporation, made by virtue of
authority from its Board of Directors, and that said corporation the mortgagor, has received a true copy of said instrument. 

	
	
	  
	 Susan M. Costello
 Notary
Public of New Jersey
 My Commission Expires March 26, 2012

  

			
	 STATE OF NEW JERSEY
	  	      )
		  	SS:)
	 COUNTY OF ESSEX
	  	      )

 Be
it Remembered, that on this 7th day of November 2008, before me, the subscriber, a Notary Public of the State of New Jersey, personally appeared Norman Barnes, who, I am satisfied, is a Vice President of US Bank National Association, one of the
corporations named in and which executed the foregoing instrument, and is the person who signed the said instrument as such officer, for and on behalf of such corporation, and I having first made known to him the contents thereof, he did acknowledge
that he signed the said instrument as such officer, that the said instrument was made by such corporation and sealed with its corporate seal, and that the said instrument is the voluntary act and deed of such corporation, made by virtue of authority
from its Board of Directors. 

	
	
	  
	 Melody A. Nedrick
 Notary
Public of New Jersey
 My Commission Expires March 3, 2010

  

 12 

 CERTIFICATE OF RESIDENCE 
 US Bank National Association, Mortgagee and Trustee within named, hereby certifies that its precise residence is 21 South Street,
Morristown, New Jersey 07960. 
  

			
	US BANK NATIONAL ASSOCIATION
		
	By	 	 
		 	 N. Barnes
 Vice President

  

 13

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