Document:

Exhibit 10.2

 

 

 

  

 

 

 

 

 

 

Employment Services Agreement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     

     

    

 

	Contents	 
	 	 	 
	1	Definitions and interpretation	1
	2	Warranties	5
	3	Condition precedent	5
	4	Commencement	5
	5	Position and Duties	5
	6	Employer’s directions	6
	7	Place of work	7
	8	Hours of work	7
	9	Remuneration and benefits	7
	10	Method and frequency of payment	8
	11	Superannuation	8
	12	Expenses	8
	13	Performance and Remuneration review	9
	14	Employer’s Property	9
	15	Leave	9
	16	Public holidays	10
	17	Termination	10
	18	Restraint during Employment	12
	19	General Restraints	12
	20	Confidential Information	14
	21	Intellectual Property	15
	22	Remedies for breach	16
	23	Moral Rights	16
	24	Policies	17
	25	Privacy	17
	26	Application of legislation and industrial instruments	17
	27	Severability	17
	28	Governing law	17
	29	Continuing obligations	18
	30	Notices	18
	31	Waiver	18
	32	Costs and outlays	18
	33	Entire understanding	19
	34	Acknowledgment	19
	35	Counterparts	19
	36	Variation	19

 

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Employment Services Agreement
dated 19 August 2021

 

		Parties	Mawson Infrastructure Group Pty Ltd of Level 5, 97 Pacific Highway, North Sydney NSW 2060 (Employer); and

 

Hetal Majithia of 5/44 Bayswater Road, Rushcutters
Bay NSW 2011

(Employee).

 

Introduction

 

		A	The Employer is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management.
The Employer matches energy infrastructure with next-generation mobile data centre solutions, enabling the proliferation of blockchain
technology.

 

		B	The Employer has offered to employ the Employee as Chief Financial Officer.

 

		C	The Employee’s continued employment is conditional on the Employee having the right to live and work in Australia.

 

		D	The Employee has accepted employment in that position on the terms and conditions set out in this Agreement.

 

It is agreed

 

		1	Definitions and interpretation

 

		1.1	In this Agreement:

 

		(1)	Act means the Fair Work Act 2009 (Cth), and the Fair Work (Transitional Provisions and Consequential Amendments)
Act 2009 (Cth), and their regulations, and includes any amendment to, or replacement of, them;

 

		(2)	Agreement means this document, including any schedule or annexure to it;

 

		(3)	Benefits means the benefits described in Item 8(c) of Schedule 1;

 

		(4)	Board means the board of directors of the Employer, as constituted from time to time;

 

		(5)	Business Day means a day that is not a Saturday, Sunday or any other day which is a public holiday or a bank holiday in the
place where an act is to be performed or a payment is to be made;

 

		(6)	Capacity means being:

 

		(a)	in partnership or in association with anybody else;

 

		(b)	a principal, agent, consultant, adviser, representative, director, officer or employee (a role similar to that which the Employee
performs for the Employer) under this Agreement of anybody else; or

 

		(c)	a trustee of anybody else;

 

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		(7)	CEO means the Chief Executive Officer of the Employer;

 

		(8)	Client means any person, firm or organisation that purchases, or has previously purchased products or services of the Employer
or a Group Company;

 

		(9)	Commencement Date means the date specified in Item 3 of Schedule 1;

 

		(10)	Competing Business means a business (whether operated as a company, partnership or sole trader) which carries on an activity
the same as, similar to, or competitive with, any activity engaged in by the Employer or the Group as a significant part of its business,
in which the Employee has been involved at any time during the last 12 months of Employment;

 

		(11)	Confidential Information means information of the Employer and the Group which is of a confidential character. Confidential
Information means:

 

		(a)	Information developed or used by the Employer and its Clients (whether or not reduced to written, electronic,
magnetic or other tangible form) to which the Employee had access during the course of the Employee’s employment with the Employer
and which is proprietary to the Employer and/or its Clients and not disclosed to the public by the Employer and/or its Clients in the
ordinary course of its business or which relates to any third party for which the Employer is under an obligation to keep such information
confidential, concerning the research, product development, products, operations, marketing and business plans, activities, consultants,
licensors, licensees, Clients, or business affairs of the Employer and/or its Clients, or the Employer and/or its Clients' licensees,
distributors, business partners or Clients, including, without limitation: (A) all information concerning trade secrets of the Employer
and/or its Clients or their affiliates, including data lists, directories, computer programs, system documentation, special hardware,
product hardware, related software development, computer systems, source code, object code, manuals, formulae, processes, methods, machines,
compositions, ideas, improvements or inventions; (B) all sales and financial information concerning the Employer and/or its Clients; (C)
all Client information, Client lists, or Client preferences or requirements; (D) all group strategy, research activities, data, technology,
methodologies, techniques, distribution plans, contractual arrangements, profits, sales, price lists, pricing policies, operational methods,
technical processes, other business affairs and methods, plans for future developments and other technical and business information relating
to the business of the Employer and/or its Clients and their business partners or Clients and all trademarks, domain names, copyrights
and patents and applications thereof, all inventions, processes, studies, reports, research records, market surveys and know-how and technical
papers; (E) all information in any way concerning the business or affairs of the Employer and/or its Clients or their affiliates, suppliers,
business partners or Clients, or otherwise discovered by the Employee during the Employee’s employment with Employer; and (F) any
document marked “confidential” or any information which Employee has been advised is confidential or which might reasonably
be expected to be regarded as confidential or any information which has been given to the Employer and/or its Clients or any of their
affiliates in confidence by Clients, suppliers or other persons.

 

Confidential Information does not include information that:

 

		(b)	is publicly available at the Commencement Date;

 

		(c)	becomes publicly available during or after the Employment without breach of any obligation of confidence by the Employee;

 

		(d)	was already in the Employee's possession (as evidenced by written records) at the Commencement Date;

 

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		(12)	Corporations Act means the Corporations Act 2001 (Cth);

 

		(13)	Duties means the duties and responsibilities set out in Schedule 2 of this Agreement;

 

		(14)	Employment means employment of the Employee by the Employer, on the terms and conditions set out in this Agreement;

 

		(15)	Expense Limits mean the expense limits set out in 0 of Schedule 1;

 

		(16)	Group means the Employer and its Related Bodies Corporate from time to time;

 

		(17)	Group Company means any member of the Group;

 

		(18)	Identified Prospective Clients means organisations, businesses or individuals that have been identified in writing by the Employer
as an opportunity for obtaining future business (whether directly or through referral of other business);

 

		(19)	Intellectual Property includes any:

 

		(a)	copyright (as defined in the Copyright Act 1968 (Cth));

 

		(b)	design, patent, trademark, semiconductor, circuit layout or plant breeder rights (whether registered, unregistered or applied for);

 

		(c)	trade, business, company or domain name;

 

		(d)	know-how, inventions, processes (whether in writing or recorded in any form); and

 

		(e)	any other proprietary, licence or personal rights arising from intellectual activity in the business, industrial, scientific or artistic
fields;

 

		(20)	June Agreement means the offer of employment agreement between the Employer and Employee dated 4 June 2021;

 

		(21)	LTI means long term incentives as outlined separately in writing from the Employer to the Employee;

 

		(22)	Maximum Contribution Base has the same meaning as that term has in section 15 of the Superannuation Guarantee (Administration)
Act 1992 (Cth);

 

		(23)	Moral Right has the same meaning as that term has in Part IX of the Copyright Act 1968 (Cth);

 

		(24)	Notice Period means the notice period specified in Item 7 of Schedule 1;

 

		(25)	Party means either the Employee or the Employer as the context requires;

 

		(26)	Personal Information has the same meaning as that term has in the Privacy Act;

 

		(27)	Position means the position identified in Item 1 of Schedule 1;

 

		(28)	Privacy Act means the Privacy Act 1988 (Cth);

 

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		(29)	Property means property of the Employer, and any other Group Company, and includes Confidential Information, Intellectual Property,
documents, equipment, software, computer information (wherever it is stored), keys and access cards;

 

		(30)	Related Body Corporate has the meaning given in section 9 of the Corporations Act;

 

		(31)	Remuneration has the meaning given at Item 8 in Schedule 1;

 

		(32)	Restraint Areas has the meaning given at Item 5 of Schedule 1;

 

		(33)	Restraint Periods has the meaning given at Item 6 of Schedule 1;

 

		(34)	Salary means the cash component of the Remuneration;

 

		(35)	STI means short term incentives as outlined separately in writing from the Employer to the Employee; and

 

		(36)	Works means all programs, programming, literary, dramatic, musical and artistic work within the meaning of the Copyright
Act 1968 (Cth).

 

		1.2	Interpretation

 

		(1)	Reference to:

 

		(a)	one gender includes the others;

 

		(b)	the singular includes the plural and the plural includes the singular;

 

		(c)	a person includes a body corporate;

 

		(d)	a Party includes the Party’s executors, administrators, successors and permitted assigns;

 

		(e)	a thing includes the whole and each part of it separately;

 

		(f)	a statute, regulation, code or other law or a provision of any of them includes:

 

		(i)	any amendment or replacement of it; and

 

		(ii)	another regulation or other statutory instrument made under it, or made under it as amended or replaced; and

 

		(g)	dollars means Australian dollars unless otherwise stated.

 

		(2)	“Including” and similar expressions are not words of limitation.

 

		(3)	Where a word or expression is given a particular meaning, other parts of speech and grammatical forms of that word or expression have
a corresponding meaning.

 

		(4)	Headings and any table of contents or index are for convenience only and do not form part of this Agreement or affect its interpretation.

 

		(5)	A provision of this Agreement must not be construed to the disadvantage of a Party merely because that Party was responsible for the
preparation of this Agreement or the inclusion of the provision in this Agreement.

 

		(6)	If an act must be done on a specified day which is not a Business Day, it must be done instead on the next Business Day.

 

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		1.3	Parties

 

		(1)	If a Party consists of more than 1 person, this Agreement binds each of them separately and any 2 or more of them jointly.

 

		(2)	An obligation, representation or warranty in favour of more than 1 person is for the benefit of them separately and jointly.

 

		(3)	A Party which is a trustee is bound both personally and in its capacity as a trustee.

 

		2	Warranties

 

		2.1	The Employee warrants that they:

 

		(1)	possesses the experience and academic qualifications to perform their role;

 

		(2)	is an Australian or New Zealand citizen or has the right to reside and work in Australia;

 

		(3)	has disclosed to the Employer all directorships held by the Employee, and has disclosed any interests or obligations that might have
the potential to conflict with the Employer’s interests, as listed in Schedule 3; and

 

		(4)	has no interests or obligations that are inconsistent with, or that would prevent, limit or adversely affect the Employee complying
with any of the Employee’s obligations under this Agreement.

 

		2.2	The Employee will notify the Employer immediately if any of these circumstances change.

 

		3	Condition precedent

 

		3.1	The following are conditions precedent to this Agreement:

 

		(1)	satisfactory completion of any reference or police record checks.

 

		4	Commencement

 

		4.1	The Employment commences on the Commencement Date.

 

		4.2	The Parties confirm and agree that from the Commencement Date, the June Agreement is automatically terminated and the Parties waive
any notice requirements in respect of termination under the June Agreement.

 

		5	Position and Duties

 

		5.1	The Employee is employed by the Employer in the Position.

 

		5.2	The Employee must perform the Duties set out in Schedule 2 of this Agreement.

 

		5.3	The Employee must report to the CEO, or other position as may be nominated by the Employer from time to time.

 

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		5.4	In the performance of the Duties, and at all times during the Employment, the Employee must:

 

		(1)	serve the Employer faithfully and diligently;

 

		(2)	act at all times in the Employer’s best interests;

 

		(3)	use the Employee’s best endeavours to protect and promote the reputation and business interests of the Employer and the Group;

 

		(4)	not act in conflict with the interests of the Employer or any Group;

 

		(5)	perform the Duties with all due care and skill, and to the best of the Employee’s knowledge and abilities;

 

		(6)	devote the whole of the Employee’s time, attention and skill during normal business hours, and at other times as reasonably
necessary, to the Duties;

 

		(7)	act in a professional and ethical manner;

 

		(8)	obey all reasonable and lawful directions of the Employer;

 

		(9)	act at all times within the levels of authority delegated by the CEO; and

 

		(10)	provide the CEO with information and reports:

 

		(a)	about the affairs of the Employer, as the CEO may request from time to time; and

 

		(b)	generally, so as to keep the CEO fully informed of all material developments in or relevant to the Employer's affairs, within the
scope of the Duties.

 

		5.5	The Parties agree that the Employee’s Position, Duties, role and levels of responsibility may be varied from time to time. Irrespective
of any such variations, the remaining terms and conditions of this Agreement will continue to apply, unless otherwise agreed in writing.

 

		5.6	If required by the Board, the Employee will perform duties in relation to any Group Company. The Employee acknowledges that this possibility
has been taken into account when calculating the Remuneration.

 

		5.7	The Employee will not accept any payment or other benefit as an inducement or reward for any act or omission in connection with any
matter or business transacted by or on behalf of the Employer or any Group Company.

 

		5.8	Nothing in clause 5 limits the Employee’s duties of good faith or fidelity to the Employer.

 

		6	Employer’s directions

 

		6.1	Without limiting the directions the Employer may lawfully give the Employee, the Employer may at any time (including during the Notice
Period) direct the Employee without loss of Remuneration to:

 

		(1)	not attend the Employer’s premises or premises at which any part of the Employer’s business is conducted;

 

		(2)	not perform all or part of the Duties;

 

		(3)	cease all contact and communication with Clients, Identified Prospective Clients, suppliers, employees or contractors of the Employer
or the Group or some of them; and

 

		(4)	not use some or all of the Property.

 

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		7	Place of work

 

		7.1	The Employee’s usual place of work is specified at Item 2 of Schedule 1.

 

		7.2	From time to time, in the performance of the Duties, the Employee may be required to:

 

		(1)	work from other locations; and

 

		(2)	travel within Australia and overseas.

 

		8	Hours of work

 

		8.1	The Employee is employed by the Employer on a full-time basis.

 

		8.2	The Employer’s standard business hours are 8:30 a.m. to 5:00 p.m. on each Business Day (Ordinary Hours). The Employee
is required to perform the Duties during the Employer’s standard business hours, and at such other times as may be reasonably required
for the operational requirements of the Employer’s business.

 

		8.3	From time to time, it will be necessary for the Employee to perform the Duties outside the Ordinary Hours, including evenings, weekends,
during leave and on public holidays. The Employee agrees that this is a reasonable requirement, in light of the Employer’s operational
requirements, the nature of the Employee’s Position, Duties, and Remuneration, and the Employee’s personal circumstances.

 

		8.4	The Employee is not entitled to any additional payment for work performed outside the Ordinary Hours. The Employee acknowledges that
the Remuneration has been set at a level that takes into account the Employee’s normal Duties and any reasonable additional hours
the Employee may be required to work.

 

		8.5	The Employee’s ordinary hours of work are 38 hours per week plus reasonable additional hours, which would normally be worked
during the Employer’s Ordinary Hours.

 

		8.6	The Employee acknowledges that:

 

		(1)	the Employee may be required to work on evenings, weekends and during leave and public holidays. The Employer reserves the right to
vary normal hours of duty and the days and times at which the Ordinary Hours are to be performed from time to time;

 

		(2)	the Employee may from time to time be required to work reasonable additional hours; and

 

		(3)	these working arrangements are reasonable, in light of the Employer’s operational requirements, the nature of the Employee’s
Position, Duties, and Remuneration, and the Employee’s personal circumstances.

 

		8.7	The Remuneration has been set at a level that takes into account the Duties, the Ordinary Hours and any reasonable additional hours
the Employee may be required to work to perform the Duties. The Employee is not entitled to any additional benefits, monetary or otherwise,
above the Remuneration, for any hours the Employee works in addition to the Ordinary Hours in accordance with clause 8.6.

 

		9	Remuneration and benefits

 

		9.1	In consideration for the Employee carrying out the Duties and fulfilling their Employment obligations, the Employer must pay or provide
the Employee the Remuneration set out in Item 8 of Schedule 1.

 

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		9.2	Unless expressly provided otherwise, all payments made under this Agreement are subject to deduction or withholding by the Employer
of any amounts required by law.

 

		9.3	The Remuneration includes all amounts due to the Employee under any industrial award, agreement, contract, the Act or other law. The
Remuneration for any pay period can be set off against and expressly applied in compensation of any award entitlements (including allowances,
overtime, penalty rates and annual leave loading) and any other legal entitlements for work performed by the Employee during that period.

 

		9.4	Incentive payment

 

In addition to the Remuneration, subject
to meeting the terms of the STIs and LTIs, the Employee will be paid STIs and LTIs.

 

		9.5	Insurance

 

The Employer will take out and maintain
a policy of insurance with a reputable insurance company, for the term of this Agreement and for a period of 7 years after its termination,
in respect of liability incurred by the Employee in his capacity as a director and officer of the Employer, to the extent permitted by
law, and provided insurance is available on reasonable commercial terms.

 

		10	Method and frequency of payment

 

		10.1	The Employer must pay the Salary monthly on or about the 15th day of the month, half in arrears, half in advance, by electronic
transfer into an account nominated by the Employee.

 

		11	Superannuation

 

		11.1	The Employer must make superannuation contributions on the Employee’s behalf:

 

		(1)	at the minimum level required to avoid the imposition of a superannuation guarantee charge under Federal superannuation legislation,
up to the Maximum Contribution Base; and

 

		(2)	to an eligible choice fund as nominated by the Employee, in accordance with Federal superannuation legislation.

 

		11.2	On or about the Commencement Date, the Employer must provide the Employee with a superannuation choice election form and information
about the Employer’s default fund. If the Employee does not nominate a complying fund prior to processing of the Employee’s
first pay, the contributions will be paid to the Employer’s default fund.

 

		12	Expenses

 

		12.1	The Employer must pay all reasonable expenses incurred by the Employee in performing the Duties, provided the Employee:

 

		(1)	provides the Employer with acceptable documentation for the expenses incurred;

 

		(2)	complies with any applicable expenses policy in force from time to time; and

 

		(3)	if the expense exceeds the Expense Limits, obtains the CEO’s written approval before incurring the expense.

 

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		13	Performance and Remuneration review

 

		13.1	The Employer may review the Employee’s performance every 12 months, or at such other times as the Board consider appropriate.

 

		13.2	The Employer may review the Remuneration every 12 months, however this does not necessarily mean it will be increased.

 

		13.3	In reviewing the Employee’s performance and Remuneration, the Employer may take into account all circumstances it considers
relevant, including any change to the Duties, the performance of the Employer, the Employer’s business requirements, and the prevailing
economic conditions.

 

		14	Employer’s Property

 

		14.1	The Employee must return any Property which is in the Employee’s possession, power or control, immediately on request by the
Employer or immediately on termination of the Employment, whichever occurs first.

 

		14.2	If any of the Property is in the form of videotape, computer information, software or similar media, the Employer may require the
Employee to delete or erase this information so that it cannot be retrieved, and verify this to the Employer’s satisfaction.

 

		14.3	The Employee must:

 

		(1)	take all reasonable care when using the Property and immediately report to the Employer any damage, defect or fault in the Property;
and

 

		(2)	take all reasonable steps to ensure the security of, and protect all Property, including Confidential Information and Intellectual
Property, which is in the Employee’s possession, power or control.

 

		15	Leave

 

		15.1	The Employee is entitled to annual leave, personal / carer’s leave, compassionate leave and parental leave, in accordance
with the Act. The following subclauses contain a summary of those entitlements, and are to be read subject to those statutory provisions.

 

		15.2	The Employee is entitled to accrue 4 weeks paid annual leave for each year of service. Annual leave is to be taken at times agreed
with the CEO. If the Parties cannot agree, the Employer may direct the Employee to take leave, in accordance with the Act.

 

		15.3	On termination of the Employment, the Employee will be paid any accrued but untaken annual leave.

 

		15.4	The Employee is entitled to accrue 10 days paid personal / carer’s leave for each year of service, to be used either
for personal illness or injury, or to care for members of the Employee’s immediate family or household who require care or support
due to illness, injury or unexpected emergency.

 

		15.5	The Employee must notify the Head of HR as soon as practicable of any absence for personal / carer’s leave, and the expected
duration of the absence.

 

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		15.6	The Employer may require the Employee to provide satisfactory evidence of the illness or injury, if the Employee is absent from work
for more than four days.

 

		15.7	The Employee is entitled to long service leave in accordance with the long service leave legislation applicable in New South Wales.

 

		15.8	While on leave, the Employee must not engage in any conduct that is inconsistent with this Agreement, or the Employee’s obligations
to the Employer.

 

		16	Public holidays

 

		16.1	Subject to clause 16.2, the Employee is entitled to state and national public holidays applicable in New South Wales, and any
applicable regional public holidays in New South Wales, without loss of pay.

 

		16.2	The Employee may be required to work on certain public holidays to fulfil the requirements of the Position, unless the Employee has
reasonable grounds for not doing so.

 

		17	Termination

 

		17.1	Termination by notice

 

		(1)	The Employer or the Employee may terminate the Employment by providing the other Party with prior written notice of termination, equal
to the Notice Period.

 

		(2)	The notice of termination must state the day on which the Employment will terminate.

 

		(3)	In the event that the Employee provides a longer Notice Period than as required by the Agreement, the Employer has the right not to
accept the longer Notice Period than proposed.

 

		(4)	During the Notice Period, the Employer may:

 

		(a)	require the Employee to work for part or all of the Notice Period; or

 

		(b)	pay the Employee an amount in lieu of any unworked portion of the Notice Period, based on the Employee’s Remuneration for that
period.

 

		(5)	For all or part of the Notice Period, the Employer may require the Employee to:

 

		(a)	not attend work but remain available to attend work and perform any Duties required by the Employer;

 

		(b)	perform duties other than the Duties, including less senior or significant duties; or

 

		(c)	do any combination of clauses 17.1(5)(a) or 17.1(5)(b).

 

The Employee agrees that this will not constitute a repudiation
of this Agreement. The Employee will continue to receive the Remuneration during this period.

 

		17.2	Summary termination

 

		(1)	The Employer may terminate the Employment without prior notice if the Employee:

 

		(a)	engages in any act or omission constituting serious or persistent misconduct (including dishonesty, theft, fraud or assault);

 

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		(b)	breaches any of clauses 2, 5.4, 18, 20, 21, 24, or 25;

 

		(c)	misuses the Intellectual Property of the Employer or any Group Company;

 

		(d)	commits a serious or persistent breach of any other clause of this Agreement;

 

		(e)	is either repeatedly absent from work, or absent from work for a period of five consecutive days, without proper explanation
by the Employee or the consent of the Employer (which consent will not be unreasonably withheld);

 

		(f)	is guilty of material breach of faith, material neglect or default, wilful disregard of directions or gross incompetence in the performance
of the Duties;

 

		(g)	refuses to obey or comply with a lawful direction of the Employer;

 

		(h)	acts in a manner which in the Employer’s reasonable opinion may tend to injure the reputation or interests of the Employer the
Group or any Group Company

 

		(i)	is precluded from taking part in the management of a corporation under the provisions of Part 2D of the Corporations Act;

 

		(j)	is found to have materially breached the Employer’s discrimination and sexual harassment policy;

 

		(k)	is intoxicated or under the influence of illegal drugs or drugs which have not been prescribed for the Employee, while at work;

 

		(l)	is charged with any criminal or indictable offence which in the Employer’s reasonable opinion may bring the Employee or the
Employer, the Group or any Group Company into disrepute; or

 

		(m)	commits any other act or omission justifying summary dismissal at common law.

 

		(2)	If the Employment is terminated under clause 17.2, the Employee is not entitled to receive any payment in lieu of notice or compensation.

 

		17.3	Resignation from office

 

		(1)	On termination of the Employment, or at the request of the Employer, the Employee must resign from any office held by the Employee
in the Employer or a Group Company.

 

		(2)	The Employee is not entitled to compensation for resigning from office.

 

If the Employee fails to resign from office, the Employer
is authorised to appoint another person in the name of the Employee and on their behalf, to execute all documents and to do all things
required to give this effect.

 

		17.4	Representations after termination

 

After termination of the Employment, the Employee must
not represent themselves as being in any way connected with or interested in the Employer’s business.

 

		17.5	Redundancy

 

The Employee may be entitled to redundancy payments in
accordance with the Act.

 

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		17.6	Severance payments

 

The Employee is entitled to six months Base Salary severance
payment in the event their employment is terminated due to redundancy. The Employee agrees that any severance payment paid to the Employee,
whether a payment in lieu of notice of termination or a redundancy payment, is in satisfaction of (either wholly or in part), and may
be off-set against, any legislative severance entitlement the Employee might have, to pay in lieu of notice of termination or redundancy
pay.

 

		17.1	Compliance with Corporations Act

 

		(1)	The Employer is not required to pay or provide (or procure the payment or provision of) any money or benefits to the Employee which
would require shareholder approval under the Corporations Act or which would cause the Employer to infringe the NASDAQ Listing
Rules.

 

		(2)	Where clause 17.1(1) applies:

 

		(a)	any payments or benefits to be provided to the Employee under this Agreement must be reduced to a level which does not require shareholder
approval and which does not infringe the NASDAQ Listing Rules;

 

		(b)	if the Employer overpays the Employee, the Employee must on receiving written notice from the Employer, immediately repay any money
or benefits specified in such notice.

 

		18	Restraint during Employment

 

		18.1	During the Employment, the Employee must not, without the Employer’s prior written consent:

 

		(1)	act as an officer or employee of, or as a consultant or adviser to any other corporation, firm, organisation or person (whether paid
or unpaid);

 

		(2)	take up any other appointment or position with any other corporation, firm, or organisation (whether paid or unpaid); or

 

		(3)	hold any shares or securities which create or may create a conflict between the Employer’s and the Employee’s interests.

 

		18.2	The Employee agrees that this is a reasonable requirement to protect the legitimate interests of the Employer and the Group.

 

		19	General Restraints

 

		19.1	The Employee acknowledges that:

 

		(1)	in the course of the Employment, the Employee will have:

 

		(a)	a high level of access to Confidential Information;

 

		(b)	knowledge of, and influence over, Clients because of the personal relationships formed with Clients and their representatives;

 

		(c)	a position of leadership enabling the Employee to have a degree of influence over the Employer’s employees; and

 

    12

     

    

 

		(2)	as a consequence, it is necessary and reasonable for the Employer to protect the Employer’s Confidential Information, staff
and Client connections, goodwill, and business.

 

		19.2	During or after termination of the Employment, the Employee must not, without the Employer’s prior written consent:

 

		(1)	for the Restraint Periods immediately following the termination of the Employment; and

 

		(2)	in the case of clause 19.2(3), within the Restraint Areas;

 

either directly or indirectly do or engage in any of the
following:

 

		(3)	alone or jointly with or on behalf of anybody else in any Capacity carry on, operate or be engaged, interested or employed in a Competing
Business, directly or indirectly assist any person to, or procure any person to, do any of the acts or anything else contemplated by this
clause.

 

		19.3	During or after termination of the Employment, the Employee must not, without the Employer’s prior written consent, for the
Restraint Periods immediately following the termination of the Employment:

 

		(1)	interfere with, disrupt or attempt to disrupt, the relationship, contractual or otherwise, between the Employer and any of:

 

		(a)	the Clients in respect of whom the Employee has carried out work or had a business relationship at any time during the last six months
of the Employment;

 

		(b)	the Identified Prospective Clients with whom the Employee has been involved in developing a business relationship for the Employer’s
benefit, at any time during the last six months of the Employment;

 

		(c)	the suppliers with whom the Employee has had dealings or had a business relationship at any time during the last six months of
the Employment;

 

		(d)	agents, with whom the Employee has worked or has had a business relationship at any time during the last six months of the Employment,
to leave the Employer’s employment or agency or to cease providing services to the Employer; or

 

		(e)	employees of the Company of Group Company that the Employee has worked or has had a business relationship at any time during the last
12 months of the Employment,

 

		(2)	directly or indirectly assist any person to, or procure any person to, do any of the acts or anything else contemplated by clause 19.3.

 

		19.4	This clause does not prevent the Employee from:

 

		(1)	owning marketable securities of a corporation or trust which is listed on a recognised stock exchange in Australia or elsewhere, provided
that the Employee holds no more than 5% of the total marketable securities of the corporation or trust;

 

		(2)	continuing any interest which the Employee had at the time of this Agreement, and which was listed in Schedule 3.

 

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		19.5	The Employee agrees that:

 

		(1)	the restraints set out above will apply as if they consisted of several separate, independent and cumulative covenants and restraints
consisting of:

 

		(a)	each of clauses 19.3, 19.3(1)(d) and 19.3(2) combined with each separate Restraint Period; and

 

		(b)	clause 19.2(3) combined with each separate Restraint Period and of each such separate combination combined with each separate
Restraint Area;

 

		(2)	if any separate covenant and restraint referred to in clause19.3 is unenforceable, illegal or void, that covenant and restraint is
severed and the other covenants and restraints remain in force;

 

		(3)	each of these separate provisions is a fair and reasonable restraint of trade, that goes no further than reasonably necessary to protect
the Employer’s Confidential Information, staff and Client connections, goodwill, and business;

 

		(4)	substantial and valuable consideration has been received for each separate covenant and restraint in this clause directly and indirectly
by the Employee, including the Employment and the Remuneration; and

 

		(5)	any combination of the acts referred to above for each separate Restraint Period and, if applicable, Restraint Area would be unfair
and calculated to damage the Employer’s Confidential Information, connections with its staff and Clients, goodwill, and business,
and would lead to substantial loss to the Employer.

 

		19.6	This clause continues to apply after this Agreement comes to an end.

 

		19.7	In clause 19.5, a reference to “the Employer” includes the Employer, and any other Group Companies in respect of whose
business the Employee has been actively engaged in the course of the Employment. Any promise, warranty or covenant made by the Employee
under clause 19.5 in favour of persons not a party to this Agreement is intended to be, and is, directly enforceable by each of those
persons, and this Agreement operates as a deed poll in favour of those persons.

 

		20	Confidential Information

 

		20.1	The Employee acknowledges that the Confidential Information remains at all times the Property of the Employer the Group or both.

 

		20.2	The Employee must:

 

		(1)	take all steps necessary to maintain the strict confidentiality of Confidential Information;

 

		(2)	ensure that proper and secure storage is provided for Confidential Information while in the possession or under the control of the
Employee;

 

		(3)	take all precautions necessary to prevent disclosure of Confidential Information;

 

		(4)	not use or attempt to use Confidential Information in any manner which may injure or cause loss, either directly or indirectly, to
the Employer or any other Group Company, or which may be likely to do so;

 

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		(5)	not disclose Confidential Information to any person other than:

 

		(a)	as directed by the Employer;

 

		(b)	where required for the performance of the Duties;

 

		(c)	to the Employee’s legal and financial advisers; or

 

		(d)	if compelled by law to disclose the Confidential Information;

 

		(6)	use Confidential Information solely in accordance with this Agreement; and

 

		(7)	keep confidential the fact that Confidential Information has been provided to the Employee and other employees, servants and/or agents
of the Employer.

 

		20.3	When the Employee discloses Confidential Information as permitted by clause 20.2(5)(c) and 20.2(5)(d), the Employee must ensure
that whoever it is disclosed to is made aware of its confidential nature, and of the Employee’s obligations under clause 20.
The Employee will use their best endeavours to ensure that those persons comply with the obligations of clause 20 as if the obligations
were expressed to apply to them.

 

		20.4	If the Employee is obliged by law to disclose any Confidential Information (or anticipates that they may be so obliged), the Employee
must immediately notify the Employer of the actual or anticipated requirement and use all lawful means to delay and withhold disclosure
until the Employer has had a reasonable opportunity to oppose disclosure by lawful means.

 

		20.5	The Employee's obligations under this clause apply during the Employment and after its termination.

 

		21	Intellectual Property

 

		21.1	The Employee warrants that the Employee does not have any right or interest in respect of any Intellectual Property owned, used or
capable of being used by the Employer.

 

		21.2	The Employer owns all Intellectual Property that the Employee develops or conceives in the course of or arising out of the Employment,
whether alone or in conjunction with someone else, and whether during or outside working hours:

 

		(1)	using the Employer’s or any of the Clients’ premises, resources or facilities;

 

		(2)	in the course of, as a consequence of or in relation to the performance of the Duties;

 

		(3)	directly or indirectly as a result of the Employee’s or anybody else’s access to the Confidential Information or other
Intellectual Property of the Employer, or Clients’ confidential information or Intellectual Property;

 

		(4)	in respect of or associated with any of the Employer’s products or services and any alterations or additions or methods of making,
using, marketing, selling or providing these products or services; or

 

		(5)	relating to other Intellectual Property.

 

		21.3	To the extent that the Employee has any right or interest in Intellectual Property which is owned, used or capable of being used by
the Employer, the Employee assigns that Intellectual Property to the Employer.

 

		21.4	The Employee will immediately disclose in writing to the Employer:

 

		(1)	any matter which may come to the Employee’s attention during the Employment, which may be of interest, importance or use to
the Employer;

 

		(2)	any proposal for improvements which may be of service for the furtherance of the Employer’s business; and

 

		(3)	Intellectual Property made or conceived of during the course of performing the Duties.

 

    15

     

    

 

		21.5	The Employee will do anything necessary, including executing any documents such as an assignment, for the purpose of effecting, perfecting
and protecting the Employer’s title or that of the Employer’s nominee to the Intellectual Property, in Australia or such other
countries as the Employer requires.

 

		21.6	The Employee may not make use of or reproduce any Intellectual Property owned by the Employer without prior written approval, other
than in the ordinary course of the Employment.

 

		21.7	In clause 21, a reference to “the Employer” includes the Employer, and any other Group Companies in respect of whose
business the Employee has been actively engaged in the course of the Employment. Any promise, warranty or covenant made by the Employee
under clause 21 in favour of persons not a party to this Agreement is intended to be, and is, directly enforceable by each of those
persons, and this Agreement operates as a deed poll in favour of those persons.

 

		21.8	The Employee's obligations under this clause apply during the Employment and after its termination.

 

		22	Remedies for breach

 

		22.1	The Employee acknowledges that:

 

		(1)	a breach of any of clauses 18, 19, 20 or 21 would be harmful to the Employer’s business interests;

 

		(2)	monetary damages alone would not be a sufficient remedy for a breach of any of these clauses; and

 

		(3)	in addition to any other remedy which may be available in law or equity, the Employer or any other aggrieved party is entitled to
interim, interlocutory and permanent injunctions or any of them to prevent breach of these clauses and to compel specific performance
of them.

 

		23	Moral Rights

 

		23.1	The Employee consents to the doing of any acts or making of any omissions by the Employer or its employees, servants, agents, licensees
and assigns that infringe the Employee’s Moral Rights in any Works made by the Employee in the course of the Employment, including:

 

		(1)	not naming the Employee as the author of a Work;

 

		(2)	naming another person as the author of a Work; or

 

		(3)	amending or modifying (whether by changing, adding to or deleting/removing) any part of a Work;

 

whether those acts or omissions occur before, on or after
the date of this Agreement.

 

		23.2	The Employee acknowledges that this consent is genuinely given without duress of any kind and that the Employee has been given the
opportunity to seek legal advice on the effect of giving this consent.

 

		23.3	Clause 23 continues to apply after this Agreement comes to an end.

 

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		24	Policies

 

		24.1	The Employee agrees to comply with the Employer’s policies and procedures, as amended or introduced from time to time.

 

		24.2	The Employee agrees to model appropriate behaviours to promote and ensure compliance with the Employer’s policies.

 

		24.3	To the extent that the contents of policies or procedures refer to obligations on the Employer, the Employee agrees that they are
guides only and are not contractual terms, conditions or representations on which the Employee relies.

 

		24.4	If the Employer’s policies and procedures are inconsistent with the terms of this Agreement, the terms of this Agreement will
prevail (except where the policy is consistent with applicable legislation that may not be varied or contracted out of).

 

		25	Privacy

 

		25.1	If the Employee deals with Personal Information, the Employee must comply with the requirements of:

 

		(1)	the Privacy Act;

 

		(2)	any applicable State legislation regarding privacy; and

 

		(3)	any applicable policies of the Employer.

 

		25.2	The Employee acknowledges that as a result of and during the course of the Employment, the Employer will obtain Personal Information
(including health, medical and other sensitive information) about the Employee.

 

		25.3	The Employee consents to the Employer:

 

		(1)	obtaining this Personal Information; and

 

		(2)	disclosing this Personal Information to other parties for the purposes of conducting the Employer’s business, and as otherwise
outlined in the Employer’s privacy policies.

 

		26	Application of legislation and industrial instruments

 

		26.1	Any legislation or relevant industrial instrument applies to the Employment as a matter of law, and does not form part of this Agreement.

 

		26.2	This Agreement does not in any way expressly or impliedly limit the obligations of the Employee under applicable legislation, including
the Corporations.

 

		27	Severability

 

		27.1	If any provision of this Agreement is unenforceable, illegal or void, that provision is severed and the other provisions of this Agreement
remain in force.

 

		28	Governing law

 

		28.1	This Agreement is governed by the laws in force in New South Wales.

 

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		28.2	The Parties submit to the exclusive jurisdiction of the courts of New South Wales or any competent Federal court exercising jurisdiction
in New South Wales. The dispute must be determined in accordance with the law and practice applicable in the court.

 

		28.3	This Agreement is governed by the laws in force in New South Wales.

 

		28.4	The parties submit to the non-exclusive jurisdiction of the courts of New South Wales and of the Commonwealth of Australia.

 

		29	Continuing obligations

 

		29.1	Any provision of this Agreement remaining to be performed or observed by the Employee or having effect after the termination of this
Agreement for whatever reason remains in full force and effect and is binding on the Employee.

 

		30	Notices

 

		30.1	A notice or other communication connected with this Agreement (Notice) has no legal effect unless it is in writing.

 

		30.2	In addition to any other method of service provided by law, the Notice may be sent by prepaid post to, or delivered at, the address
of the Party set out in Item 9 of Schedule 1, or to an address subsequently notified to the other Party in writing.

 

		30.3	If the Notice is sent or delivered in a manner provided by clause 30.2, it must be treated as given to and received by the Party
to which it is addressed:

 

		(1)	if sent by post, on the 2nd Business Day (at the address to which it is posted) after posting; and

 

		(2)	if delivered before 5pm on a Business Day at the place of delivery, upon delivery, and otherwise on the next Business Day at the place
of delivery.

 

		30.4	A Notice by a Party may be given and signed by its solicitor.

 

		31	Waiver

 

		31.1	A Party’s failure or delay to exercise a power or right does not operate as a waiver of that power or right.

 

		31.2	The exercise of a power or right does not preclude either its exercise in the future or the exercise of any other power or right.

 

		31.3	A waiver is not effective unless it is in writing.

 

		31.4	Waiver of a power or right is effective only in respect of the specific instance to which it relates and for the specific purpose
for which it is given.

 

		32	Costs and outlays

 

		32.1	Each Party must pay its own costs and outlays connected with the negotiation, preparation and execution of this Agreement.

 

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		33	Entire understanding

 

		33.1	This Agreement:

 

		(1)	contains the entire agreement and understanding between the Parties on everything connected with the subject matter of this Agreement;
and

 

		(2)	supersedes any prior agreement or understanding on anything connected with that subject matter.

 

		33.2	Each Party has entered into this Agreement without relying on any representation by any other Party or person purporting to represent
that Party.

 

		34	Acknowledgment

 

		34.1	The Employee acknowledges that the Employee has entered into this Agreement without duress, and after having had the opportunity to
take independent expert advice on its terms and their effect.

 

		35	Counterparts

 

		35.1	This Agreement may be executed in counterparts.

 

		36	Variation

 

		36.1	Subject to clause 5.5, an amendment or variation to this Agreement is not effective unless it is in writing and signed by both
Parties.

 

    19

     

    

 

Schedule 1

 

		Item 1	Position

 

Chief Financial Officer

 

		Item 2	Place of work

 

The place of business of the Employer being Level 5, 97
Pacific Highway, North Sydney, NSW 2060

 

		Item 3	Commencement Date

 

19 August
2021

 

		Item 4	Expense Limits

 

$1,000 in any month.

 

		Item 5	Restraint Areas

 

		(a)	Sydney;

 

		(b)	New South Wales

 

		(c)	Australia;

 

		(d)	Australia and the United States of America.

 

		Item 6	Restraint Periods

 

		(a)	six months;

 

		(b)	three months;

 

		(c)	one month;

 

		Item 7	Notice Period

 

Three months

 

		Item 8	Remuneration

 

The remuneration is $210,000 per annum, comprising

 

		(a)	Base Salary of $210,000 per annum;

 

		(b)	superannuation contributions made on the Employee’s behalf, calculated in accordance with clause 11;

 

		(c)	plus the Benefits, which comprise the STIs and LTIs, subject to meeting the terms of the STIs and LTIs.

 

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		Item 9	Notices

 

The address and email of each Party is:

 

The Employer

 

		Address:	Attention: The General Counsel

 

Level 5, 97 Pacific Highway

 

NORTH SYDNEY NSW 2060

 

		Email:	legal@mawsoninc.com

 

The Employee

 

		Address:	5/44 Bayswater Road, Rushcutters Bay NSW 2011

 

		Email:	hetal.majithia@hotmail.co.uk

 

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Schedule 2 - Employee’s Duties

 

The Employee’s duties and responsibilities will include (but
not limited to the following):

 

		●	Develop financial and tax strategies and manage the capital and budget process;

 

		●	Oversee and manage the timely filings of financial reports to relevant regulatory authorities (in Australia, the US and any other
applicable jurisdiction);

 

		●	Engage with investors on financial and operational performance;

 

		●	Oversee the financial operations of subsidiary companies and foreign operations;

 

		●	Oversee and manage the Group’s compliance with the Sarbanes Oxley regime;

 

		●	Report risk issues to the audit and risk committee and to the board of the Employer;

 

		●	Any relevant duties and responsibilities generally required of a Chief Financial Officer, given the size and nature of the Employer.

 

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Schedule 3

List of directorships and other interests

 

None

 

    23

     

    

 

Executed as an agreement:

 

	/s/ Hetal Majithia	 
	Signature of Employee	 
	 	 
	August 19, 2021	 
	Date	 
	 	 
	/s/ James Manning	 
	Authorised Representative of the Employer	 
	 	 
	James Manning	 
	Print name	 
	 	 
	August 19, 2021	 
	Date	 

 

 

24EX-10.6

 Exhibit 10.6 

EMPLOYMENT AGREEMENT 

This Agreement (the “Agreement”), dated as of February 18, 2015, is made and entered into by and between Definitive
Healthcare, LLC, a Massachusetts limited liability company (the “Company”), and Jason Krantz (the “Executive”). 

Introduction 
 Reference
is made to the Securities Purchase Agreement, dated on or about the date hereof, by and among the Definitive Healthcare Holdings, LLC (“Parent”), the Executive and the Investors named therein (as modified from time to time, the
“Purchase Agreement”). The execution and delivery of this Agreement is a condition to the consummation of the transactions contemplated by the Purchase Agreement (which transactions are of substantial benefit to the Executive). 

The Company desires to retain the services of the Executive pursuant to the terms and conditions set forth herein and the Executive wishes to
continue to be employed by the Company on such terms and conditions. The Executive is and will remain a key Executive of the Company, with significant access to information concerning the Company and its business. The disclosure or misuse of such
information or the engaging in competitive activities would cause substantial harm to the Company. 
 NOW, THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 1. Term. Effective
Date; Term. This Agreement shall become effective as of the Closing (as defined in the Purchase Agreement) of the transactions contemplated by the Purchase Agreement. The Company shall employ the Executive hereunder until the Executive’s
employment with the Company is terminated pursuant to Section 10. The Executive shall be employed on an “at will” basis. 

2. Duties. The Executive will initially serve as the Chief Executive Officer of the Company and shall have such duties of an
executive nature, consistent with such position, as the Management Board of Parent (the “Board”) shall determine from time to time. The Executive will report to the Board. 

3. Full Time; Best Efforts. 

(a) The Executive shall use the Executive’s best efforts to promote the interests of the Company and shall devote the
Executive’s full business time and efforts to its business and affairs. The Executive shall not engage in any other activity that could reasonably be expected to interfere with the performance of the Executive’s duties, services and
responsibilities hereunder. 
 (b) Notwithstanding the foregoing, but subject to Section 3(e), Executive is permitted to
continue to hold investments in and serve on the board of directors of Xtelligent Media, LLC, Energy Acuity, LLC and Hemediagnostics Lab, LLC (together, the “Existing Investments”) and to devote the necessary time and efforts to
such board duties and Executive’s 

 
interests as an investor in each such entity as is prudent and necessary in his sole discretion; provided that such service, time and effort, in the good faith judgment of the Management Board,
does not interfere with (i) the Executive’s performance of his duties, services and responsibilities hereunder or as a Manager of Parent or (ii) the Company’s
day-to-day operations. 
 (c) Further, it is
expressly understood and agreed that Executive may continue to make private investments in other entities (i.e., other than the Existing Investments) and/or serve on the board of directors of such investment targets (the “Future
Investments”); provided that any such investment or service (together with any service, time or effort with respect to the Existing Investments), in the good faith judgment of the Board, does not or could not reasonably be expected to
interfere with (i) the Executive’s performance of his duties, services and responsibilities hereunder or as a Manager of Parent or (ii) the Company’s
day-to-day operations. 
 (d) During the
Executive’s employment, and prior to consummating any (i) further investment in an Existing Investment (except under circumstances where the board of the Existing Investment entity has determined in good faith that such entity has
insufficient funds to operate in the ordinary course for at least six (6) months) or (ii) Future Investment, the Executive shall obtain the Board’s prior approval. Such determination shall be made by the Board within twenty
(20) days of Executive delivering written notice to the Board with respect thereto. If the Board does not respond within such twenty (20) day period, such investment shall be deemed to have been approved. 

(e) Without limiting the generality of the foregoing, in the event the Board determines at any time, in its reasonable discretion, that
any Existing Investment or Future Investment competes or could reasonably be expected to compete with the Company or its business, the Executive shall cease to serve on the board (or similar governing body) of such Existing Investment or Future
Investment and, if the Board determines it to be competitive, shall make no further investments in such Existing or Future Investment without the prior written consent of the Board. 

4. Compensation and Benefits. During the Term, the Executive shall be entitled to compensation and benefits as follows: 

(a) Base Salary. The Executive will receive a salary at the rate of $275,000 annually (the “Base Salary”),
payable in accordance with the Company’s standard payroll practices. The Compensation Committee of the Board shall determine, on an annual basis and in its sole good faith discretion, whether to increase the Executive’s Base Salary. 

(b) Bonus. The Executive shall be eligible to receive a cash bonus based on the Executive’s performance relative to
objective and subjective performance criteria established by the Board (or the compensation committee thereof) from time to time. Unless otherwise determined by the Board, Executive’s target bonus for each fiscal year shall be 60% of the Base
Salary and shall be earned as the Executive achieves or exceeds the performance criteria established by the Board. The Board (or the compensation committee thereof) shall determine in good faith the amount of the Executive’s bonus, if any, and
such determination shall be binding and conclusive on the Executive. In all cases, the Bonus for any given year (or any partial year) will be paid to the Executive within 30 days following receipt by the Board of the Company’s

  
 2 

 
audited financial statements for the calendar year with respect to which the Bonus may have been earned, typically by April 30 (but in no event later than July 1) of the next succeeding
year. The Executive must be actively employed by the Company through and including the date on which the Executive’s bonus, if any, is earned (which date shall be December 31 of any given year) to be eligible to receive it (provided,
however, that if the Executive is eligible to receive Severance, the Executive shall nonetheless be entitled to prorated Bonus as set forth in the definition of Severance). 

(c) Benefits. In addition to the Base Salary and the Bonus (if any), the Executive shall be entitled to participate in Company
benefit plans that are generally available to the Company’s executive employees in accordance with and subject to the then existing terms and conditions of such plans. In accordance with past practice, the Company shall continue to pay one
hundred percent (100%) of all health insurance premiums for Executive and his family. 
 (d) Paid Time Off. The Executive
shall be entitled to five (5) weeks of paid time off (PTO) per year in accordance with the Company’s PTO policies as in effect from time to time as determined by the Board (or the Compensation Committee thereof). 

(e) Reimbursement of Documented Business Expenses. The Executive will be entitled to reimbursement of all reasonable expenses
incurred in the ordinary course of business on behalf of the Company, subject to the presentation of appropriate documentation and approved by, or in accordance with policies established by, the Board. If any reimbursement provided by the Company
pursuant to this Agreement would constitute deferred compensation for purposes of Section 409A of the Internal Revenue Code of 1986, as amended (together with the regulations and guidance thereunder,
“Section 409A”), such reimbursement shall be subject to the following rules: (i) the amounts to be reimbursed shall be determined pursuant to the terms of the applicable benefit plan, policy or agreement;
(ii) the amounts eligible for reimbursement during any calendar year may not affect the expenses eligible for reimbursement in any other calendar year; (iii) any reimbursement of an eligible expense shall be made on or before the last day
of the calendar year following the calendar year in which the expense was incurred; and (iv) the Executive’s right to reimbursement is not subject to liquidation or exchange for cash or another benefit. 

(f) Withholding. The Company shall withhold from compensation payable to the Executive all applicable federal, state and local
withholding taxes. 
 5. Confidentiality; Intellectual Property. The Executive agrees that during the Executive’s
employment or other business relationship with the Company, whether or not under this Agreement, and at all times thereafter: 
 (a)
The Executive will not at any time, directly or indirectly, disclose or divulge any Confidential Information, except as required in connection with the performance of the Executive’s duties for the Company, and except to the extent required by
law (but only after the Executive has provided the Company with reasonable notice and opportunity to take action against any legally required disclosure). As used herein, “Confidential Information” means all trade secrets and all
other information of a business, financial, marketing, technical or other nature relating to the business of the Company including, without limitation, any customer or 

  
 3 

 
vendor lists, prospective customer names, financial statements and projections, know-how, pricing policies, operational methods, methods of doing business,
technical processes, formulae, designs and design projects, inventions, computer hardware, software programs, business plans and projects pertaining to the Company and including any information of others that the Company has agreed to keep
confidential; provided, that Confidential Information shall not include any information that has entered or enters the public domain through no fault of the Executive. 

(b) The Executive shall make no use whatsoever, directly or indirectly, of any Confidential Information at any time, except as required
in connection with the performance of the Executive’s duties for the Company. 
 (c) Upon the Company’s request following
termination of employment, the Executive shall immediately deliver to the Company all materials (including all soft and hard copies) in the Executive’s possession which contain or relate to Confidential Information. 

(d) All inventions, modifications, discoveries, designs, developments, improvements, processes, software programs, works of authorship,
documentation, formulae, data, techniques, know-how, secrets or intellectual property rights or any interest therein (collectively, “Developments”) made by the Executive in connection with his
employment with the Company whether or not under this Agreement, either alone or in conjunction with others, at any time or at any place during the Executive’s employment or other business relationship with the Company, whether or not under
this Agreement and whether or not reduced to writing or practice during such period of employment, which relate to the business in which the Company is engaged or any actual or demonstrably anticipated research or development of the Company, shall
be and hereby are the exclusive property of the Company without any further compensation to the Executive. In addition, without limiting the generality of the prior sentence, all Developments which are copyrightable work by the Executive are
intended to be “work made for hire” as defined in Section 101 of the Copyright Act of 1976, as amended, and shall be and hereby are the property of the Company. 

(e) The Executive shall promptly disclose any Developments to the Company. If any Development is not the property of the Company by
operation of law, this Agreement or otherwise, the Executive will, and hereby does, assign to the Company all right, title and interest in such Development, without further consideration, and will assist the Company and its nominees in every way, at
the Company’s expense, to secure, maintain and defend the Company’s rights in such Development. The Executive shall sign all instruments necessary for the filing and prosecution of any applications for, or extension or renewals of, letters
patent (or other intellectual property registrations or filings) of the United States or any foreign country which the Company desires to file and relates to any Development. The Executive hereby irrevocably designates and appoints the Company and
its duly authorized officers and agents as the Executive’s agent and attorney-in-fact (which designation and appointment shall be deemed coupled with an interest
and shall survive the Executive’s death or incapacity), to act for and in the Executive’s behalf to execute and file any such applications, extensions or renewals and to do all other lawfully permitted acts to further the prosecution and
issuance of such letters patent, other intellectual property registrations or filings or such other similar documents with the same legal force and effect as if executed by the Executive. 

  
 4 

 6. Noncompetition and Nonsolicitation. The Executive agrees that during the
Executive’s employment or other business relationship with the Company, whether or not under this Agreement, and for a period of two years thereafter (the “Restricted Period”): 

(a) the Executive will not, directly or indirectly, individually or as a consultant to, or an Executive, officer, director, manager,
stockholder, partner, member or other owner or participant in any business entity (including, without limitation, any competitor of the Company), other than the Company, engage in or assist any other person or entity to engage in any business which
competes with any business in which the Company is engaging or the actual or demonstrably anticipated research or development of the Company (a “Competing Business”), during the Executive’s employment, anywhere in the United
States or anywhere else in the world where the Company does business or plans to do business or is considering doing business (it being understood and agreed that the Executive’s involvement with (i) the Existing Investments (but only to
the extent such entity operates its business as in effect as of the date hereof and does not otherwise change or modify, in any material respect, its business so as to compete with any business in which the Company is engaged) and (ii) any
approved Future Investment in accordance with Section 3 hereof (but only to the extent such entity operates its business as in effect as of the date of such approval and does not otherwise change or modify, in any material respect, its business
so as to compete with any business in which the Company is engaged) shall not violate this Section 6(a)). Notwithstanding the foregoing, the Executive’s (x) discretionary ownership of less than three percent (3%) and (y) non-discretionary (for example through a mutual fund or other investment vehicle not controlled by Executive) ownership of the outstanding stock of any publicly-traded corporation shall not be deemed a
violation of this Section 6(a); 
 (b) the Executive will not, directly or indirectly, individually or as a consultant to, or an
Executive, officer, director, manager, stockholder, partner, member or other owner or participant in any business entity solicit or endeavor to entice away from the Company, endeavor to reduce the amount of business conducted with the Company by or
otherwise interfere with the business relationship of the Company with any person or entity who is, or was within the one-year period immediately prior thereto, a customer or client of, supplier, vendor or
service provider to, or other party having business relations with the Company; and 
 (c) the Executive will not, directly or
indirectly, individually or as a consultant to, or an Executive, officer, director, manager, stockholder, partner, member or other owner or participant in any business entity solicit or endeavor to entice away from the Company, or offer employment
or any consulting arrangement to, or otherwise interfere with the business relationship of the Company with any person or entity who is, or was within the one-year period immediately prior thereto, employed
by, associated with or a consultant to the Company. 
 7. Remedies. Without limiting the remedies available to the Company,
the Executive acknowledges that a breach of any of the covenants contained in Sections 5 or 6 hereof could result in irreparable injury to the Company for which there might be no adequate remedy at law, and that, in the event of such a breach or
threat thereof, the Company shall be entitled to obtain a temporary restraining order and/or a preliminary injunction and a permanent injunction restraining the Executive from engaging in any activities prohibited by Sections 5 or 6 hereof or such
other equitable relief as may be required to enforce specifically any of the covenants contained in Sections 5 or 6 hereof. The foregoing provisions and the provisions of Sections 5 and 6 hereof shall survive the termination of the Executive’s
employment with the Company, and shall continue thereafter in full force and effect in accordance with their terms. 

  
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 8. Applicability to Related Companies. For purposes of Sections 5, 6 and 7 of
this Agreement, the term “Company” shall include the Company and Parent and each of their respective subsidiaries, whether now existing or hereinafter created, and their respective successors and assigns. 

9. Review of Agreement; Reasonable Restrictions. The Executive (a) has carefully read and understands all of the provisions
of this Agreement and has had the opportunity for this Agreement to be reviewed by counsel, (b) acknowledges that the duration, scope and subject matter of Sections 5 through 8 of this Agreement are reasonable and necessary to protect the
goodwill, customer relationships, legitimate business interests and Confidential Information of the Company and its affiliates, and (c) will be able to earn a satisfactory livelihood without violating this Agreement. 

10. Termination. 

(a) General. The Executive’s employment with the Company may be terminated at any time (i) by the Company with or
without Cause, (ii) by the Executive for any or no reason (including with Good Reason), or (iii) by the Company or the Executive in the event of the Executive’s Disability, and shall terminate in the event of the Executive’s
death. Notwithstanding the foregoing, the Executive’s employment with the Company may not be terminated by the Company without Cause prior to the date that the final Closing Purchase Price is determined pursuant to Section 1.5(d) of the
Purchase Agreement. 
 (b) Definitions. As used herein, the following terms shall have the following meanings: 

“Cause” means that the Executive has: (i) breached any fiduciary duty or legal or material contractual obligation to the
Company, which breach, if curable, is not cured within 15 days after written notice to the Executive thereof or, if cured, recurs; (ii) failed to follow any reasonable directive of the Board, which failure, if curable, is not cured within 15
days after notice to the Executive thereof or, if cured, recurs; (iii) engaged in gross negligence, fraud, embezzlement, acts of dishonesty or a conflict of interest relating to the affairs of the Company or any of its affiliates, in each case
as determined by the Board; (iv) been convicted of or pleaded nolo contendere to (A) any misdemeanor relating to the affairs of the Company or any of its affiliates or (B) any felony; or (v) engaged in a willful violation
of any federal or state securities laws. 
 “Disability” means illness (mental or physical) or accident, which results in
the Executive being unable to perform the Executive’s duties as an Executive of the Company for a period of 90 days, whether or not consecutive, in any 12-month period. 

“Good Reason” means without the written consent of the Executive (i) the Company permanently relocates his primary
office to a location more than 25 miles from its current office location in Framingham, Massachusetts, (ii) the Company reduces the Executive’s then-current 

  
 6 

 
Base Salary by twenty percent (20%) or more provided that any such reduction that applies to all management employees in the same manner will not constitute Good Reason, or (iii) any
material diminution in responsibilities, it being understood that a material diminution in responsibility in connection with a sale of the Company shall not constitute Good Reason; provided, that in each case, the Company shall have been
given written notice from Executive describing in reasonable detail the occurrence of the event or circumstance for which he believes he may resign for Good Reason within 90 days of the occurrence thereof and the Company shall not have cured such
event or circumstance within 30 days after the Company’s receipt of such notice. 
 “Severance” means
(i) continuation of payments of Base Salary (at the rate in effect on the date of termination) for a period of twelve months from the date of termination of employment, payable in accordance with the Company’s regular payroll schedule;
(ii) a prorated portion of the Bonus that the Executive would have earned in accordance with this Agreement had his employment with the Company continued through the end of that fiscal year (plus, if not yet paid upon the date of termination,
the full Bonus for the prior fiscal year), which prorated amount shall be calculated based upon the number of days elapsed during the fiscal year in which the Executive’s employment terminates through the date of termination and determined in
the sole good faith discretion of the Board; and (iii) if the Executive is eligible, continuation of payments by the Company of the group health continuation coverage premiums for the Executive and the Executive’s eligible dependents under
Title X of the Consolidated Budget Reconciliation Act of 1985, as amended as in effect through the lesser of (A) twelve months from the effective date of such termination or (B) the date the Executive no longer constitutes a
“Qualified Beneficiary” (as such term is defined in Section 4980B(g) of the Internal Revenue Code of 1986, as amended (the “Code”)); provided, that the Executive will be solely responsible for electing such
coverage within the required time periods. 
 (c) Effects of Termination. If the Executive’s employment is terminated
during the Term, the Company shall have no further obligation to make any payments or provide any benefits to the Executive hereunder after the date of termination except for (i) payments of Base Salary and expense reimbursement that had
accrued but had not been paid prior to the date of termination, (ii) if required by law, payments for any accrued but unused vacation time, and (iii) if the Executive’s employment with the Company is (A) terminated by the Company
without Cause (other than as a result of death or Disability of the Executive) or (B) terminated by the Executive for Good Reason, payments of Severance. 

The Severance benefits available to the Executive under this Section 10 are the sole and exclusive severance payments and benefits to
which the Executive may be entitled upon termination of the Executive’s employment. The Executive shall not be entitled to receive any other severance-related payments or benefits under any other plan or agreement which may from time to time be
made available to other Executives of the Company or any affiliate. 
 (d) Conditions and Limitations to Severance.
Notwithstanding the foregoing, the Company’s obligation to pay Severance shall be subject to the following provisions and conditions: 

  
 7 

 (i) Release of Claims. The Company’s obligation to pay Severance
shall be contingent upon the Executive signing a general release in form and substance reasonably acceptable to the Company and Executive. 

(ii) New Employment. If the Executive accepts a paid employment or consulting position with any other person or
organization during the period in which he is entitled to Severance, he shall promptly notify the Company. The remaining Severance payments shall be reduced by the gross compensation payable to Executive in the Executive’s new employment or
consulting agreement for the corresponding period. 
 (iii) Consequences of Breach. If the Executive breaches
the Executive’s obligations under Sections 4 or 5 of this Agreement, the Company may immediately cease payments of Severance and may recover all Severance paid to the Executive after the date of such breach. The cessation and recovery of these
payments shall be in addition to, and not as an alternative to, any other remedies at law or in equity available to the Company including, without limitation, the right to seek specific performance or an injunction. 

(iv) Sale. In no event shall the Company be required to pay Severance if the Executive’s employment is terminated
in connection with or after a Sale (as defined in Parent’s Limited Liability Company Agreement, as amended). 
 For purposes of
Section 409A, each payment of Severance shall be considered a separate payment and not one of a series of payments. Any payment under this Section 10 that is not made during the period following the termination of the Employee’s
employment because the Employee has not executed the release contemplated hereby shall be paid to the Employee in a single lump sum on the first payroll date following the last day of any applicable revocation period after the Employee executes the
release; provided, that the Employee executes and does not revoke the release in accordance with the requirements hereof. 

11. Survival. The provisions of Sections 5 through 25 of this Agreement shall survive the termination of the Executive’s
employment with the Company, and shall continue thereafter in full force and effect in accordance with their terms. 
 12. Section
409A. This Agreement is intended to comply with the requirements of Section 409A and the regulations thereunder. To the extent that any provision in this Agreement is ambiguous as to its compliance with Section 409A of the Code, the
provision shall be interpreted in a manner so that no payment due to Executive shall be subject to an “additional tax” within the meaning of Section 409A(a)(1)(B) of the Code. To the extent that any provision in the Agreement is
ambiguous as to its compliance with Section 409A of the Code, or to the extent any provision in the Agreement must be modified to comply with Section 409A of the Code, such provision shall be read, or shall be modified (with the mutual
consent of the parties), as the case may be, in such a manner so that no payment due to Executive shall be subject to an “additional tax” within the meaning of Section 409A(a)(1)(B) of the Code. 

For purposes of Section 409A of the Code, each payment made under this Agreement shall be treated as a separate payment. In no event may
Executive, directly or indirectly, 

  
 8 

 
designate the calendar year of any payment. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of Section 409A of the Code,
including, where applicable, the requirement that (i) any reimbursement be for expenses incurred during Executive’s lifetime (or during a shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for
reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of an eligible expense will be made on or before the last day of the calendar year following the
year in which the expense is incurred, and (iv) the right to reimbursement is not subject to liquidation or exchange for another benefit. 

Notwithstanding anything to the contrary herein, if a payment or benefit under this Agreement is due to a “separation from service”
for purposes of the rules under Treas. Reg. § 1.409A-3(i)(2) (payments to specified employees upon a separation from service) and Executive is determined to be a “specified employee” (as
determined under Treas. Reg. § 1.409A-1(i)), such payment or benefit shall, to the extent necessary to comply with the requirements of Section 409A of the Code, be made or provided on the later
of the date specified by the foregoing provisions of this Agreement or the date that is six months after the date of Executive’s separation from service (or, if earlier, the date of Executive’s death). Any installment payments that are
delayed pursuant to this Section 12 shall be accumulated and paid in a lump sum on the first day of the seventh month following Executive’s separation from service, and the remaining installment payments shall begin on such date in
accordance with the schedule provided in this Agreement. 
 13. Enforceability, Etc. This Agreement shall be interpreted in
such a manner as to be effective and valid under applicable law, but if any provision hereof shall be prohibited or invalid under any such law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating
or nullifying the remainder of such provision or any other provisions of this Agreement. If any one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to duration, geographical scope,
activity or subject, such provisions shall be construed by limiting and reducing it so as to be enforceable to the maximum extent permitted by applicable law. 

14. Notices. All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be
deemed effectively given: (i) upon personal delivery to the party to be notified; (ii) when sent by confirmed facsimile if sent during normal business hours of the recipient, and if not so confirmed, then on the next business day;
(iii) five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written
verification of receipt. All communications shall be sent to the respective parties at their address as set forth below, or to such facsimile number or address as subsequently modified by written notice given in accordance with this Section 14.

 (a) If to the Executive, to the most recent address reflected in the Company’s records, with copies, which shall not
constitute notice, to Rich May, P.C., 176 Federal Street, 6th Floor, Boston, MA 02110; Attn: Scott A Stokes. 

  
 9 

 (b) If to the Company, to the Company’s principal place of business c/o
Management Board, with copies, which shall not constitute notice, to Spectrum Equity Investors, One International Place, 35th Floor, Boston, MA 02110; Attn: Christopher T. Mitchell. 

15. Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of The Commonwealth of
Massachusetts, without regard to its choice of law provisions. 
 16. Waiver of Jury Trial. EACH PARTY HERETO ACKNOWLEDGES AND
AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN
RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY OF THE AGREEMENTS DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. 

17. Amendments and Waivers. This Agreement may be amended or modified only by a written instrument signed by the Company (at the
direction of the Management Board) and the Executive. No waiver of this Agreement or any provision hereof shall be binding upon the party against whom enforcement of such waiver is sought unless it is made in writing and signed by or on behalf of
such party. The waiver of a breach of any provision of this Agreement shall not be construed as a waiver or a continuing waiver of the same or any subsequent breach of any provision of this Agreement. No delay or omission in exercising any right
under this Agreement shall operate as a waiver of that or any other right. 
 18. Binding Effect. This Agreement shall
be binding on and inure to the benefit of the parties hereto and their respective heirs, executors and administrators, successors and assigns, except that the rights and obligations of the Executive hereunder are personal and may not be assigned
without the Company’s prior written consent. Any assignment of this Agreement by the Company shall not be considered a termination of the Executive’s employment. 

19. Entire Agreement. This Agreement constitutes the final and entire agreement of the parties with respect to the matters
covered hereby and replaces and supersedes all other agreements and understandings relating hereto and to the Executive’s employment. 

20. Counterparts. This Agreement may be executed in any number of counterparts, all of which together shall for all purposes
constitute one Agreement. Counterpart signature pages to this Agreement transmitted by facsimile transmission, by electronic mail in “portable document format” or “.pdf” form, or by any other electronic means intended to preserve
the original graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an original signature. 

21. No Conflicting Agreements. The Executive represents and warrants to the Company that the Executive is not a party to or
bound by any confidentiality, noncompetition, nonsolicitation, employment, consulting or other agreement or restriction which could conflict with, or be violated by, the performance of the Executive’s duties to the Company or obligations under
this Agreement. 

  
 10 

 22. Captions. The captions of the sections of this Agreement are for
convenience of reference only and in no way define, limit or affect the scope or substance of any section of this Agreement. 
 23.
No Strict Construction. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises under any provision of this Agreement, this
Agreement shall be construed as if drafted jointly by the parties thereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of authoring any of the provisions of this Agreement. 

24. Notification of New Employer. In the event that the Executive is no longer an Executive of the Company, the Executive
consents to notification by the Company to the Executive’s new employer or its agents regarding the Executive’s obligations under Sections 5 and 6 of this Agreement. 

25. Key Man Insurance. The Executive acknowledges that the Company may wish to purchase insurance on the life of the Executive,
the proceeds of which would be payable to the Company or an affiliate of the Company. The Executive hereby consents to such insurance and agrees to submit to any medical examination and release of medical records required to obtain such insurance.

 [ The remainder of this page is intentionally left blank. ] 

  
 11 

 IN WITNESS WHEREOF, this Agreement has been executed and delivered as a sealed instrument as
of the date first above written. 
  

			
	DEFINITIVE HEALTHCARE, LLC
		
	By:	 	Definitive Healthcare Holdings, LLC,
	its Member-Manager
		
	By:	 	 /s/ Jason Krantz

 
			
	Name:	 	Jason Krantz
	Title:	 	Manager
	
	 /s/ Jason Krantz

	Jason Krantz

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