Document:

Exhibit 10.1

    Exhibit
      10.1

    
 

    EMPLOYMENT
      AGREEMENT

     

    This
      Employment Agreement (this “Agreement”), is made and entered into as of the
      Effective Date (as hereinafter defined), by and between Clark Consulting Inc.
      and/or its successors (the “Company”), a Delaware corporation, and Leslie N.
      Brockhurst, a resident of California (the “Employee”).

     

    W
      I T
      N E S S E T H:

     

    WHEREAS,
      the Company and its affiliates (collectively “Clark Affiliates” and individually
“Clark Affiliate”) are engaged in business in the State of Illinois and
      throughout the United States; and

     

    WHEREAS,
      the Company desires to employ the Employee in the capacity of Executive Vice
      President of the Company and its parent, Clark, Inc., and President of the
      Corporate Solutions Practice (the “Division”) of the Company, upon the terms and
      conditions hereinafter set forth; and

     

    WHEREAS,
      the Employee and the Company are party to an existing employment agreement,
      dated March 21, 2003, which shall be terminated upon the execution of this
      Agreement; and 

     

    WHEREAS,
      the Employee is willing to enter into this Agreement with respect to his
      employment and services upon the terms and conditions hereinafter set
      forth.

     

    NOW,
      THEREFORE, in consideration of the mutual covenants and obligations contained
      herein, the Company hereby employs the Employee and the Employee hereby accepts
      such employment upon the terms and conditions hereinafter set
      forth:

     

    1.  Term
      of Employment.
      The
      term of employment under this Agreement shall commence on January 1, 2006 (the
      “Effective Date”) and shall extend through December 31, 2006. Absent notice of
      termination pursuant to Section 10, commencing on January 1, 2007 and continuing
      on each subsequent January 1, the term of the Employee’s employment shall
      automatically be extended for an additional twelve (12) months. To cause the
      Employee’s employment to terminate at the end of the original or an extended
      term, either party, at least 60 days prior to such date, shall give written
      notice to the other party that the Agreement will terminate. 

     

    2.  Duties
      of the Employee.
      The
      Employee agrees that during the term of this Agreement, he will devote
      substantially all his full professional and business-related time, skills and
      best efforts to the businesses of the Company. The Employee shall report to
      the
      President and Chief Operating Officer of the Company or such other officer
      as
      the Board of Directors of Clark, Inc. (the “Board”) may from time to time
      determine. The Employee may engage in personal investment activities provided
      such activities do not interfere with the performance of his duties hereunder
      or
      violate the noncompetition and confidential information provisions set forth
      herein. Nothing herein, however, will prevent the Employee, (i) upon
      approval of the President and Chief Operating Officer of the Company, from
      service as a director or trustee of other corporations or businesses which
      are
      not directly or indirectly in competition with the business of the Company
      or in
      competition with any present or future Clark Affiliate, (ii) from service
      on civic or charitable boards or committees, or (iii) from engaging in
      personal, passive, investment activities; provided such activities do not
      interfere with the performance of his duties hereunder or violate the
      noncompetition and confidential information provisions set forth herein.
      Employee shall be indemnified for actions performed in the course of his
      employment to the same extent as the President and Chief Operating Officer
      of
      the Company.

     

    
      
        
        

      

      
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    3.  Compensation.

     

    (a)  Base
      Salary.
      The
      Company shall pay the Employee an annual base salary of Four Hundred Twenty-Five
      Thousand Dollars ($425,000), for each year of this Agreement (or fraction for
      portions of a year) (“Base Salary”). After April 1, 2007, such Base Salary may
      be adjusted upwards in accordance with the Company’s standard salary adjustment
      guidelines based upon the Employee’s performance. The Employee’s Base Salary
      shall be subject to all appropriate federal and state withholding taxes and
      shall be payable in accordance with the normal payroll procedures of the
      Company.

     

    (b)  Perquisite
      Allowance.
      The
      Company shall pay the Employee an annual executive perquisite allowance of
      Twenty-Five Thousand Dollars ($25,000), for each year of this Agreement (or
      fraction for portions of a year) (the “Allowance”). The Allowance shall be in
      lieu of all other executive perquisites and subject to all appropriate federal
      and state withholding taxes and shall be payable in accordance with the normal
      payroll procedures of the Company.

     

     

    (c)  Annual
      Bonus.
      In
      addition to the Base Salary and Allowance set forth in Section 3(a) and
      3(b) hereof, the Employee shall receive an annual bonus opportunity (the “Annual
      Bonus”) each year during his employment equal to one hundred forty percent
      (140%) of his Base Salary. The Annual Bonus will be based on financial and/or
      non-financial goals which will be communicated to the Employee by the President
      and Chief Operating Officer of the Company or his designee, on an annual basis.
      Generally, subject to the discretion of the Company, approximately 80% of the
      Annual Bonus opportunity is paid if approved budget levels are met.

     

    The
      Annual Bonus shall be paid on or before March 15 of the year following the
      year to which the bonus relates. The Employee must be employed by the Company
      or
      a Clark Affiliate on the date of payment in order to receive his Annual Bonus.
      The Annual Bonus, if any, shall be subject to all appropriate federal and state
      withholding taxes and shall be paid in accordance with the normal payroll
      procedures of the Company. 

     

     

    (d)  Clark,
      Inc. Long Term Incentive Compensation Plan.
      The
      Employee will be eligible to participate in the Clark, Inc. Long Term Incentive
      Compensation Plan (the “LTIC Plan”) subject to the approval of the Clark, Inc.
      Board of Directors. Any contributions made to the LTIC Plan on behalf of the
      Employee will be on a date to be determined by the Board of Directors. Any
      such
      contributions will vest and be made according to the terms of the LTIC Plan.
      Additionally, the LTIC Plan may grant the Employee certain restricted stock
      awards in Clark, Inc. stock, subject to the approval of the Board of Directors
      of Clark, Inc. Such restricted stock awards shall be based on financial
      performance targets of the Company to be approved by the Board of Directors
      of
      Clark, Inc. and subject to the terms of the LTIC Plan. 

     

    
      
        
        

      

      
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    4.  Termination
      of Existing Contract.
      The
      Employee is currently party to an employment agreement with the Company dated
      March 21, 2003 (the “Existing Contract”) which shall be terminated upon the
      execution of this Agreement and which is attached as Exhibit
      A.
      The
      termination of the Existing Contract shall not constitute a Constructive
      Termination or a Termination by the Company as defined in the Existing Contract.
      

     

    5.  Keyman
      Life Insurance.
      In
      recognition of the Employee’s unique position within the Company, the Employee
      agrees to consent to the purchase of up to Five Million ($5,000,000) dollars
      of
      life insurance on his life which specifies the Company as the sole beneficiary
      of any death benefits (“Keyman Life Insurance”). Such Keyman Life Insurance
      shall designate the Company as both the owner and the payor of the life
      insurance policy. The Five Million dollars of Keyman Life Insurance shall not
      include any insurance which has been or will be purchased on the life of the
      Employee in conjunction with the Company’s deferred compensation or executive
      benefit plans. 

     

    6.  Employee
      Benefits.
      The
      Employee and his eligible dependents shall be eligible to participate in the
      qualified employee benefit programs made available generally to other employees
      of the Company as well as any other programs made available generally to other
      officers of Clark Affiliates, excluding any benefits negotiated specifically
      by
      contract with any other officers; provided, however, that the Employee and
      his
      eligible dependents must meet any and all eligibility provisions required under
      such qualified employee benefit programs. The Employee will be also eligible
      for
      participation in the Clark Consulting, Inc. Execu-flex Benefit Plan, which
      will
      provide the Employee with a $15,000 contribution each plan year for so long
      as
      this Plan is offered to other employees and for so long as the Employee remains
      as President of the Division. The Employee shall also be eligible to participate
      in the Company’s Deferred Compensation Plan, or such similar successor plan, if
      any, that is maintained by the Company.

     

    7.  PTO.
      The
      Employee shall be entitled to up to the maximum amount of annual paid time
      off
      (“PTO”) as offered to other employees of the Company under the terms of the
      Company’s current PTO Plan. The Employee may carry over the maximum amount of
      unused PTO to the next succeeding calendar year under the terms of the PTO
      Plan.

     

    8.  Reimbursement
      of Expenses.
      The
      Company recognizes that the Employee will incur legitimate business expenses
      in
      the course of rendering services to the Company hereunder. Accordingly, the
      Company shall reimburse the Employee, upon presentation of receipts or other
      adequate documentation, for all necessary and reasonable business expenses
      incurred by the Employee in the course of rendering services to the Company
      under this Agreement consistent with the Company's Travel Policy then in
      effect.

     

    9.  Working
      Facilities.
      The
      Employee shall be furnished an office, administrative assistance and such other
      facilities and services suitable to his position and adequate for the
      performance of his duties (“Working Facilities”), which shall be consistent with
      the reasonable policies of the Company. 

     

    10.  Termination.
      The
      employment relationship between the Employee and the Company created hereunder
      shall terminate before the expiration of the then current term upon the
      occurrence of any one of the following events: 

     

    
      
        
        

      

      
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    (a)  Death
      or Permanent Disability.
      The
      death or permanent disability of the Employee. For the purpose of this
      Agreement, “permanent disability” of the Employee shall mean “disability” as
      defined under the Company’s long-term disability plan. 

     

    (b)  Termination
      for Cause.
      The
      following events, actions or inactions by the Employee shall constitute “Cause”
for termination of this Agreement:

     

    (i)  Substantial
      refusal or failure to perform duties or any reasonable obligation or substantial
      poor performance by the Employee that is repeated or continued following thirty
      (30) days written notice to the Employee of such refusal or failure to perform
      or of substantial poor performance given by the President and Chief Operating
      Officer of the Company to the Employee;

     

    (ii)  Employee’s
      failure to rectify any material breach of contract under this Agreement within
      (30) days after written notice of such breach is given by the President and
      Chief Operating Officer of the Company to the Employee;

     

    (iii)  any
      gross
      misconduct or gross negligence in the performance of his duties that materially
      and adversely affects the Company;

     

    (iv)  a
      material breach of the Intellectual Property and Confidentiality Agreement
      with
      the Company;

     

    (v)  the
      intentional diversion of a material financial opportunity away from the Company
      or any Clark Affiliates;

     

    (vi)  the
      commission of an act of dishonesty or fraud that is of a material nature and
      involves a material breach of trust with respect to the interests of the
      Company; 

     

    (vii)  the
      conviction of Employee for any felony or of a crime involving moral turpitude;
      and

     

    (viii)  the
      failure by the Employee, after having received 30 days written notice, to remain
      properly licensed and in good standing by any applicable state department of
      insurance and, if applicable, with the NASD and the Company’s securities
      affiliate, to the extent such licenses are required for the receipt of revenue.
      

     

    Any
      notice of discharge shall describe with reasonable specificity the cause or
      causes for the termination of the Employee’s employment, as well as the
      effective date of the termination (which effective date may be the date of
      such
      notice). If the Company terminates the Employee’s employment for any of the
      reasons set forth above, the Company shall have no further obligations hereunder
      from and after the effective date of termination (other than the Accrued
      Obligations set forth in Section 11(a) below) and shall have all other rights
      and remedies available under this Agreement or any other agreement and at law
      or
      in equity.

     

    (c)  Constructive
      Termination.
      In the
      event of: 

     

    
      
        
        

      

      
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    (i)  a
      material reduction in (or a failure to pay or provide) the Employee’s
      Compensation as set forth in Section 3, including, but not limited to, his
      Base
      Salary, Allowance, Annual Bonus, employee benefits, PTO or Working Facilities,
      other than as permitted by this Agreement; 

     

    (ii)  a
      material change or reduction in Employee’s duties orauthorityunless as a result
      of regulatory or compliance requirements; or, reporting relationship unless
      approved by the Company Board of Directors per section 2;

     

    (iii)  a
      downward change in Employee’s title to which the Employee does not consent in
      writing; 

     

    (iv)  a
      relocation of the Employee’s principal office location which exceeds one hundred
      (100) miles from the current Los Angeles location, unless mutually agreed upon
      in writing between the Employee and the President and Chief Operating Officer
      of
      the Company; 

     

    (v)  following
      a Change in Control (as defined in Section 10(f) below), the Company or its
      successor delivers to Employee a notice of termination of the term of employment
      or the evergreen feature under Section 1; or

     

    (vi)  any
      other
      material breach by the Company of this Agreement;

     

    the
      Employee shall have the right to terminate his employment and such termination
      shall be treated in all respects as if it had been a termination of employment
      by the Company without Cause. 

     

    

     

    (d) Termination
      by the Employee with Notice.
      The
      Employee may terminate this Agreement at any time without liability to the
      Company arising from the resignation of the Employee upon sixty (60) days prior
      written notice to the Company. The Company retains the right after proper notice
      of the Employee’s voluntary termination to require the Employee to cease his
      employment immediately; provided, however, in such event, the Company shall
      remain obligated to pay the Employee his Base Salary during the sixty (60)
      day
      notice period and shall be obligated to pay the Employee the Accrued Obligations
      under Section 11(a). During such sixty (60) day notice period, the Employee
      shall provide such consulting services to the Company as the Company may
      reasonably request and shall assist the Company in training his successor and
      generally preparing for an orderly transition. 

     

    (e) Termination
      by the Company with Notice.
      The
      Company may terminate this Agreement at any time without liability other than
      as
      set forth in Section 11(a) and Section 11(b) upon sixty (60) days prior written
      notice to the Employee. The Company retains the right after proper notice has
      been given to the Employee to require the Employee to cease his employment
      immediately; provided, however, in such event, the Company shall remain
      obligated to pay the Employee his Base Salary during the sixty (60) day notice
      period. During such sixty (60) day notice period, the Employee shall provide
      such consulting services to the Company as the Company may reasonably request
      and shall assist the Company in training his successor and generally preparing
      for an orderly transition.  

     

    
      
        
        

      

      
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    (f) Termination
      due to Change in Control.
      If
      after a Change in Control (as defined below), Employee terminates due to
      Constructive Termination (as defined in Section 10(c) above) or the Company
      or
      its successor terminates the Employee for any reason other than for Cause,
      Death
      or Disability, the Employee will be entitled to Compensation Upon Termination
      as
      described in 11(c) below. The “Company” for purposes of this Section 10(f) shall
      include Clark Consulting, Inc. and Clark, Inc. The Company will require any
      successor to all or substantially all of its assets, to expressly assume and
      perform this Agreement. For purposes of this Agreement, a “Change in Control”
shall be deemed to have occurred if:

     

    (i) the
      Company becomes a subsidiary of another corporation or entity or is merged
      or
      consolidated into another corporation or entity or substantially all of the
      assets of the Company are sold to another corporation or entity; or

     

    (ii) any
      person, corporation, partnership or other entity, either alone or in conjunction
      with its “affiliates,” as that term is defined in Rule 405 of the General Rules
      and Regulations under the Securities Act of 1933, as amended, or other group
      of
      persons, corporation, partnerships or other entities who are not “affiliates”
but who are acting in concert, other than W.T. Wamberg or his family members
      or
      any person, organization or entity that is controlled by W.T. Wamberg or his
      family members, becomes the owner of record or beneficially of securities of
      the
      Company that represent thirty-three and one-third percent (33 1/3%) or more
      of
      the combined voting power of the Company’s then outstanding securities entitled
      to elect Board of Directors of the Company; or

     

    (iii) the
      Board
      of Directors of the Company or a committee thereof makes a determination in
      its
      reasonable judgment that a “Change in Control” of the Company has taken
      place.

     

    11.  Compensation
      Upon Termination.

     

    (a)  Accrued
      Obligations.
      Upon
      termination of the Employee’s employment under this Agreement for any reason,
      the Employee shall be entitled to:

     

    (i)  the
      Base
      Salary earned by him before the effective date of termination, as provided
      in
      Section 3(a) hereof, prorated on the basis of the number of full days of
      service rendered by the Employee during the year to the effective date of
      termination;

     

    (ii)  the
      Allowance earned by him before the effective date of termination, as provided
      in
      Section 3(b) hereof, prorated on the basis of the number of full days of service
      rendered by the Employee during the year to the effective date of termination;
      

     

    (iii)  any
      accrued, but unpaid, PTO (up to the maximum carryover as specified in the
      Company’s PTO Plan);

     

    
      
        
        

      

      
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    (iv)  any
      authorized but unreimbursed business expenses; and

     

    (v) any
      benefits to which the Employee is entitled under the employee benefit programs
      maintained by the Company. 

     

    The
      sum
      of the amounts described in clauses (i) through (v) will be hereinafter
      referred to as the “Accrued Obligations.” The Accrued Obligations will be paid
      to the Employee or his estate or beneficiary, as applicable, in a lump sum
      in
      cash within thirty (30) days of the date of termination; provided that the
      benefits under clause (v) will be paid or provided in accordance with the terms
      of the applicable employee benefit programs.

     

    (b) Compensation
      for any Termination other than Cause, Termination by the Employee or Termination
      Due to Change in Control.
      Upon
      termination of the Employee’s employment under this Agreement for any reason
      other than those specified pursuant to Sections 10(b), 10(d) or 10(f) of the
      Agreement, the Employee will, in addition to receiving his Accrued Obligations,
      receive: 

     

    (i) an
      amount
      equal to one (1) year of his then current Base Salary, pursuant to Section
      3(a);
      and

     

    (ii) an
      amount
      equal to a pro-rata share of the Annual Bonus, pursuant to Section 3(c), based
      on the Employee’s Base Salary for the fiscal year through the date of
      termination and not to include any base salary paid after the Employee’s date of
      termination.

     

    The
      sum
      of such amounts will be paid to the Employee in a lump sum in cash within thirty
      (30) days of his date of termination and in a manner consistent with the
      Company’s normal payroll practices, unless otherwise provided in Section
      11(e).

     

    (c) Compensation
      for Termination Due to a Change in Control.
      In
      connection with any termination by the Company or its successor of the Employee
      or termination by the Employee due to a Change in Control as described in
      Section 10(f) above, the Employee will, in addition to receiving his Accrued
      Obligations, receive:

     

    (i)  an
      amount
      equal to two (2) years of his then current Base Salary,; and

     

    (ii)  an
      amount
      equal to the Annual Bonus that would have been paid to the Employee with respect
      to each of the two fiscal years prior to the Change in Control had the maximum
      Annual Bonus opportunity in Section 3(c) of the Agreement been attained,
      regardless of the amount of Annual Bonus actually paid or due to the Employee
      with respect to each of the two fiscal years prior to the Change in Control.
      

     

    The
      sum
      of such amounts will be paid to the Employee in a lump sum in cash within thirty
      (30) days of his date of termination and in a manner consistent with the
      Company’s normal payroll practices, unless otherwise provided in Section
      11(e).

     

    
      
        
        

      

      
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    (d) Withholding;
      Offset.
      Amounts
      payable under this Section 11 shall be subject to all appropriate federal
      and state withholding taxes in accordance with the normal payroll practices
      of
      the Company, and shall be offset by any amounts due to the Company under this
      Agreement.

     

    (e) Payments
      Subject to Code Section 409A.
      In the
      event all or a portion of this Agreement is subject to Section 409A of the
      Internal Revenue Code of 1986, as amended (the “Code”) and the Employee is
      determined to be a “key employee” (as defined in Code Section 416(i) without
      regard to paragraph (5) thereof) at the time of his “separation from service,”
as that term is defined in Code Section 409A and related Treasury guidance
      and
      regulations, any distribution by the Company pursuant to this Agreement of
      amounts subject to Code Section 409A that is triggered by the Employee’s
“separation from service” shall be delayed for a period of six (6) months from
      the time such distribution is scheduled to be paid.

     

    (f) Additional
      4999 Payment.
      In the
      event that the sum of all payments or benefits made or provided to, or that
      may
      be made or provided to, the Employee under this Agreement and under all other
      plans, programs and arrangements of the Company (the “Aggregate Payment”) is
      determined to constitute a Parachute Payment, as such term is defined in Code
      Section 280G(b)(2), the Company shall pay to the Employee at the time specified
      below, an additional amount (the “Additional 4999 Payment”) which, after the
      imposition of all income and excise taxes thereon, is equal to the excise tax
      imposed by Code Section 4999 (the “Excise Tax”) on the Aggregate Payment. For
      purposes of determining the amount of the Additional 4999 Payment, the Employee
      shall be deemed to pay federal income taxes at the Employee’s highest marginal
      rate of federal income taxation in the calendar year in which the Additional
      4999 Payment is to be made and state and local income taxes at the Employee’s
      highest marginal rate of taxation in the state and locality of the Employee’s
      residence on the date on which the Excise Tax is determined, net of the maximum
      reduction in federal income taxes which could be obtained from deduction of
      such
      state and local taxes. The determination of whether the Aggregate Payment
      constitutes a Parachute Payment and, if so, the amount to be paid to the
      Employee and the time of payment pursuant to this Section 11(f) shall be made
      by
      the Company’s tax preparer, legal counsel or certified public accounting firm,
      selected at the sole discretion of the Company with such costs incurred for
      the
      performance of the calculation of the Additional 4999 Payment to be paid for
      by
      the Company. The Additional 4999 Payment shall be paid to the Employee within
      thirty (30) days following the date the Company has calculated the Additional
      4999 Payment, and, if applicable, within thirty (30) days of any determination
      that the Excise Tax is greater or less than initially calculated.
      Notwithstanding the foregoing, in the event that the amount of the Employee’s
      Excise Tax liability is subsequently determined to be greater than the Excise
      Tax liability with respect to which the Additional 4999 Payment to the Employee
      under this Section 11(f) has been made, the Company shall pay to the Employee
      an
      additional amount (and any interest and penalties thereon) at the time and
      in
      the amount determined by the Company. In the event that the Excise Tax is
      subsequently determined to be less than the amount taken into account hereunder,
      the Employee shall repay to the Company at the time that the amount of such
      reduction in Excise Tax is finally determined the portion of the Additional
      4999
      Payment attributable to such reduction (plus the portion of the Additional
      4999
      Payment attributable to the Excise Tax and federal and state and local income
      tax imposed on the Additional 4999 Payment being repaid by the Employee) plus
      interest on the amount of such repayment from the date the Additional 4999
      Payment was initially made to the date of repayment at the rate provided in
      Code
      Section 1274(b)(2)(B). The Employee and the Company shall cooperate with each
      other in connection with any proceeding or claim relating to the existence
      or
      amount of liability for the Excise Tax and all reasonable expenses incurred
      by
      the Employee in connection therewith shall be paid by the Company promptly
      upon
      notice of demand from the Employee. 

     

    
      
        
        

      

      
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    12.  Noncompetition;
      Nonsolicitation.

     

    (a)  The
      Employee acknowledges that he occupies a position of special trust and
      confidence with respect to the Company, and that the position imposes the
      obligation to act in a stewardship capacity with respect to the preservation
      and
      development of the Company and its resources for the benefit of future, as
      well
      as present, shareholders, officers, directors and employees. In recognition
      of
      his special relationship with the Company, and to protect the Company’s
      legitimate business interests without unnecessarily or unreasonably restricting
      his professional opportunities in the event of his termination from the Company
      and all Clark Affiliates: 

     

    (i)  The
      Employee shall not, for a period of thirteen (13) months following his
      termination of employment with the Company and all Clark Affiliates for any
      reason, for himself or as agent, partner or employee of any person, corporation
      or firm, directly or indirectly, engage in services of the type provided by
      the
      Company, excluding those services which involve training, performance
      management, or strategy, for:

     

    (1)  any
      client of the Company or a Clark Affiliate for whom the Employee performed
      services, as determined by the President and Chief Operating Officer of the
      Company, or supervised the performance of services, or

     

    (2)  any
      prospective client of the Company or a Clark Affiliate to whom the Employee
      submitted, or assisted in the submission of, a proposal, during the eighteen
      (18) month period preceding his termination, or

     

    (3)  any
      client about whom the Employee learned Confidential Information.

     

    (ii)  The
      Employee shall not, at any time during which he is an employee of the Company
      or
      another Clark Affiliate and for thirteen (13) months after his termination
      with
      the Company and all Clark Affiliates for any reason, whether for his own account
      or for the account of any person other than a Clark Affiliate, directly or
      indirectly, endeavor to solicit away from the Company or a Clark Affiliate,
      or
      facilitate the solicitation away from the Company or a Clark Affiliate of,
      any
      client of the Company or a Clark Affiliate or induce same to limit, alter or
      reduce its relationship with the Company.

     

    
      
        
        

      

      
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    (iii)  The
      Employee shall not, at any time during which he is an employee of the Company
      or
      another Clark Affiliate and for thirteen (13) months after his termination
      for
      any reason from the Company and all Clark Affiliates, whether for his own
      account or for the account of any person other than a Clark. Affiliate, directly
      or indirectly, induce away from the Company or a Clark Affiliate, or facilitate
      the inducement away from the Company or a Clark. Affiliate of, any personnel
      of
      the Company or a Clark Affiliate or interfere with the faithful discharge by
      such personnel of their contractual and fiduciary obligations to serve the
      Company’s or a Clark Affiliate’s interests and those of its clients of undivided
      loyalty.

     

    (iv)  The
      Employee agrees that, for a period of five (5) years after the Closing Date
      of
      the Purchase Agreement (Exhibit B), the Employee shall not promote, market,
      solicit, or sell any product or service, including without any limitation,
      any
      life insurance or other insurance product or policy, similar to or competitive
      with the Company or any of its divisions’ programs (“Clark Program”) to any of
      the clients listed on Exhibit C hereto.

     

    (b)  “Client”
      as used in this Section 12 shall mean any person or entity for whom the
      Company or a Clark Affiliate performed services or provided products within
      the
      twelve (12) months immediately preceding the termination of the Employee’s
      employment with the Company and all Clark Affiliates.

     

    13.  Confidential
      Information.
      Employee shall abide by the terms of the Company’s standard Intellectual
      Property and Confidentiality Agreement, which is attached hereto as Exhibit D. 

     

    14.  Property
      of the Company.
      The
      Employee acknowledges that from time to time in the course of providing services
      pursuant to this Agreement he shall create or have the opportunity to inspect
      and use certain property, both tangible and intangible, of the Company and
      the
      Employee hereby agrees that such property shall remain the exclusive property
      of
      the Company, and the Employee shall have no right or proprietary interest in
      such property, whether tangible or intangible, including, without limitation,
      the Employee’s customer and supplier lists, contract forms, books of account,
      computer programs and similar property.

     

    15.  Equitable
      Relief.
      The
      Employee acknowledges that the services to be rendered by him are of a special,
      unique, unusual, extraordinary, and intellectual character, which gives them
      a
      peculiar value, and the loss of which cannot reasonably or adequately be
      compensated in damages in an action at law, and that a breach by him of any
      of
      the provisions contained in this Agreement will cause the Company irreparable
      injury and damage. The Employee further acknowledges that he possesses unique
      skills, knowledge and ability and that competition by him in violation of this
      Agreement or any other breach of the provisions of this Agreement would be
      extremely detrimental to the Company. By reason thereof, the Employee agrees
      that the Company shall be entitled, in addition to any other remedies it may
      have under this Agreement or otherwise, to injunctive and other equitable relief
      to prevent or curtail any breach of this Agreement by him.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    16.  Assignment.
      The
      Company may assign its rights under this Agreement to any successor in interest,
      whether by merger, consolidation, sale of assets or otherwise. This Agreement
      is
      personal to the Employee and may not be assigned in any way by the Employee
      without the prior written consent of the Company.

     

    17.  Severability
      and Reformation.
      The
      parties hereto intend all provisions of this Agreement to be enforced to the
      fullest extent permitted by law. If, however, any provision of this Agreement
      is
      held to be illegal, invalid, or unenforceable under present or future law,
      such
      provision shall be fully severable, and this Agreement shall be construed and
      enforced as if such illegal, invalid, or unenforceable provision were never
      a
      part hereof, and the remaining provisions shall remain in full force and effect
      and shall not be affected by the illegal, invalid, or unenforceable provision
      or
      by its severance. Further, if any provision is held to be overbroad, a court
      may
      modify that provision to the extent necessary to make the provision enforceable
      according to applicable law and enforce the provision as modified.

     

    18.  Integrated
      Agreement.
      This
      Agreement constitutes the entire Agreement between the parties hereto with
      regard to the subject matter hereof, and there are no agreements,
      understandings, specific restrictions, warranties or representations relating
      to
      said subject matter between the parties other than those set forth herein,
      specifically referenced herein or otherwise herein provided for.

     

    19.  Notices.
      All
      notices and other communications required or permitted to be given hereunder
      shall be in writing and shall be deemed to have been duly given if delivered
      personally, mailed by certified mail (return receipt requested) or sent by
      overnight delivery service, cable, telegram, facsimile transmission or telex
      to
      the parties at the following addresses or at such other addresses as shall
      be
      specified by the parties by like notice:

     

    If
      to the
      Company:

     

    

     

    Clark
      Consulting, Inc.

            102
      South Wynstone
      Park Drive

    North
      Barrington, Illinois 60010

    Attn:
      Mr. Thomas M. Pyra

    President
      and Chief Operating Officer 

     

    With
      a
      copy in the event of notice to the Company to:

     

    

     

    Vedder,
      Price, Kaufman and Kammholz

    222
      N.
      LaSalle Street

    Chicago,
      Illinois 60601

    Attn:
      Lane R. Moyer, Esq.

     

    If
      to
      Employee:

    

    Leslie
      N.
      Brockhurst

    104
      Bradbury Hills Lane

    Bradbury,
      CA 91010

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    Notice
      so
      given shall, in the case of notice so given by mail, be deemed to be given
      and
      received on the fourth calendar day after posting, in the case of notice so
      given by overnight delivery service, on the date of actual delivery and, in
      the
      case of notice so given by cable, telegram, facsimile transmission, telex or
      personal delivery, on the date of actual transmission or, as the case may be,
      personal delivery.

     

    20.  Further
      Actions.
      Whether
      or not specifically required under the terms of this Agreement, each party
      hereto shall execute and deliver such documents and take such further actions
      as
      shall be necessary in order for such party to perform all of his or its
      obligations specified herein or reasonably implied from the terms
      hereof.

     

    21.  GOVERNING
      LAW.
      THIS
      AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL
      LAW, AND NOT THE LAW OF CONFLICTS, OF THE STATE OF ILLINOIS.

     

    22.  Application
      of Terms.
      Whenever used herein the terms Clark, Inc. and Clark Consulting, Inc.(or any
      abbreviations thereof) shall include all affiliates and successors
      thereof.

     

    23.  Counterparts.
      This
      Agreement may be executed in counterparts, each of which will take effect as
      an
      original and all of which shall evidence one and the same
      Agreement.

     

    24.  Arbitration.
      Without
      limiting the right of the Company or the Employee to seek equitable relief
      to
      prevent irreparable injury, any dispute arising out of or relating to this
      Agreement or the breach, termination or validity thereof, which has not been
      resolved by agreement within 60 days after written notice thereof by the
      affected party shall be settled by arbitration in accordance with the then
      current Center for Public Resources Rules for Non-Administered Arbitration
      of
      Business Disputes, by a sole arbitrator. The arbitration shall be governed
      by
      the United States Arbitration Act, 9 U.S.C. § 1-16, and judgment upon the award
      rendered by the arbitrator may be entered by any court having jurisdiction
      thereof. The place of arbitration shall be Chicago, Illinois. The arbitrator
      is
      not empowered to award damages in excess of compensatory damages and each party
      hereby irrevocably waives any right to recover such damages with respect to
      any
      dispute resolved by arbitration. 

     

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
      Effective Date.

     

    
      	 	
              CLARK
                CONSULTING, INC.

               

              By: 

               /s/
                Thomas M. Pyra
                

              

              Thomas
                M. Pyra

              President
                and Chief Operating Officer

               

              Dated: 4/12/06

               

            
	 	
              EMPLOYEE:

               

               /s/
                Leslie N. Brockhurst
                

              

              Leslie
                N. Brockhurst

            

    

    

    
      
         

      

      
        12Exhibit 10.2

    Exhibit
      10.2

    
 

    AMENDMENT
      TO EMPLOYMENT AGREEMENT

     

    THIS
      AMENDMENT (the “Amendment”) dated as of April 17, 2006 is made by and between
      Clark Consulting Inc. and/or its successors (the “Company”), a Delaware
      corporation, and Leslie N. Brockhurst, a resident of California (the “Employee”)
      to that certain Employment Agreement made as of April 12, 2006 and effective
      as
      of January 1, 2006 (the “Agreement”). Capitalized terms used and not otherwise
      defined herein shall have the meanings ascribed to them in the
      Agreement.

     

    WHEREAS,
      the parties have mutually agreed to amend the Agreement as set forth
      herein.

     

    NOW,
      THEREFORE, for good and valuable consideration, the receipt and sufficiency
      of
      which is hereby acknowledged, the parties hereto agree as follows.

     

    1.  Amendments
      to Employment Agreement.
      The
      Agreement shall be amended by deleting Section 1 thereof and replacing it with
      the following:

     

    1.  Term
      of Employment.
      The
      term of employment under this Agreement shall commence on April 1, 2006 (the
      “Effective Date”) and shall extend through March 31, 2007. Absent notice of
      termination pursuant to Section 10, commencing on April 1, 2007 and continuing
      on each subsequent April 1, the term of the Employee’s employment shall
      automatically be extended for an additional twelve (12) months. To cause the
      Employee’s employment to terminate at the end of the original or an extended
      term, either party, at least 60 days prior to such date, shall give written
      notice to the other party that the Agreement will terminate. 

     

    No
      Other Change.
      Except
      as set forth herein, the Agreement shall remain in full force and affect,
      without modification or waiver hereby. 

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
      date
      first written above.

     

    
      	 	
              CLARK
                CONSULTING, INC.

               

              By: 

                  /s/
                Thomas M. Pyra
                

              

              Thomas
                M. Pyra

              President
                and Chief Operating Officer

               

              Dated: 4/17/06

               

            
	 	
              EMPLOYEE:

               

                   /s/
                Leslie N. Brockhurst
                

              

              Leslie
                N. Brockhurst

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