Document:

Deferred Compensation Plan

 Exhibit 10.e 
  
 CDI Deferred Compensation Plan 
  
 Effective as of January 1, 2005, CDI Corporation provisionally adopted a nonqualified deferred compensation plan for a select group of management or highly compensated
employees, which is expected to have the final substantive terms described below. The written plan document is not yet finalized due to the passage of the American Jobs Creation Act of 2004 and its creation of new Internal Revenue Code Section 409A
(“Section 409A”), which governs nonqualified deferred compensation plans like the new plan. The Internal Revenue Service has issued guidance under Code Section 409A that permits nonqualified deferred compensation plan sponsors, like CDI,
until December 31, 2005 to finalize a plan document. CDI will finalize and execute the document on or before December 31, 2005. The final plan document for the CDI Deferred Compensation Plan (the “Deferred Compensation Plan”), when
adopted, will be publicly filed and replace the description below. 
  
 Administration 
  
 The Deferred Compensation Plan is administered
by an Administrative Committee (the “Committee”) comprised of the Chief Financial Officer, the Executive Vice President - Human Relations, the Senior Vice President - Corporate Legal, and such other members designated by CDI
Corporation’s Board of Directors. The Board retains the right to amend, modify, discontinue or terminate the Deferred Compensation Plan and may delegate such authority to the Committee or another designee. The Deferred Compensation Plan
provides that no amendment will be authorized that will have an adverse effect on participants unless the amendment is required by law or is reasonably necessary to preserve the federal tax deferral of participants’ accounts. 
  
 Eligibility 
  
 Eligible employees are current employees whose compensation for a previous year exceeded the compensation amount used to define who is a
“highly compensated employee” under the Code plus $5,000. For 2004, the eligibility amount is $95,000 because the limit in the Code was $90,000 for 2004. The limit in the Code for 2005 is $95,000. Eligibility for any newly hired employee
during a year will be determined by the Committee. Eligible employees will become participants in the Deferred Compensation Plan after making a valid election to defer a whole percentage, in 5% increments, of salary or bonus to be earned in the next
following year. Salary deferrals will begin in the February following the year in which an election is made. The Committee may specify a maximum on the amount of salary or bonus that may be deferred in any year, 

 Deferral of Salary and Bonus Amounts 
  
 In order to defer a percentage of an employee’s salary or bonus for the next year, and become a participant in the Deferred
Compensation Plan, an eligible employee must file an irrevocable deferral election with the Committee. The election may only be made during the fourth quarter of the calendar year preceding the year in which the applicable percentage of salary
and/or bonus is earned. Any election with respect to the deferral of salary or bonus will only be effective for the subsequent calendar year, and does not renew for years thereafter. Special rules apply to new employees. New employees may not defer
any portion of their bonus in the year of hire, but they may, within 30 days of becoming eligible to participate in the Deferred Compensation Plan, file an election to defer a portion of their unearned salary during their first year of employment.

  
 Accounts and Investments 
  
 Bookkeeping reserve accounts are maintained under the Deferred Compensation Plan for each
participant to reflect the amount of any salary, bonus and or earnings or losses accrued under the Deferred Compensation Plan. The Deferred Compensation Plan is unfunded. Participants do not have a secured right to amounts reflected in participant
accounts beyond that of a general creditor of CDI. Accounts are established for the convenience of administration and do not constitute a trust or set-aside to fund CDI’s obligations under the Deferred Compensation Plan. 
  
 Earnings and losses on deferral accounts maintained under the Deferred Compensation Plan will
be determined on the basis of direction by the participant. A Deferred Compensation Plan participant may allocate his account among investment funds selected by the Committee. Although amounts are not actually invested on behalf of the participant
pursuant to such an allocation, the Committee will credit earnings and debit losses to participants’ accounts according to the performance of the investments selected by the participant. Absent a participant’s designation, earnings and
losses are credited or debited to participant accounts according to the performance of a default investment fund specified in the Deferred Compensation Plan. Participants are allowed to change their investment allocation as often as once a month,
but a period of at least 15 days must elapse between any two such designations. Elections remain effective until changed. 
  
 Distribution Events 
  
 Distributions from the Deferred Compensation Plan will be made only upon the earliest to occur of the following events: death of the participant, disability of the participant, the participant’s separation from
service (whether on account of retirement or otherwise, as discussed below), unforeseeable emergency, a change in control of CDI, or a date specified by the participant as described below. 
  
 Upon the death or disability of the participant, the participant’s account is to be
distributed as soon as practicable in a cash lump sum. However, as required by the Code, certain key employees and officers of CDI may not receive distributions earlier than six months following the date of a separation from service with CDI.

 Distributions due to separation from service for reasons other than death or disability will be made on the first
business day of April following a participant’s separation from service. However, as required by the Code, if any key employee separates from service with CDI, his account will not be distributed until the first business day of the first April
which occurs 180 days or more after such separation. Distributions made upon termination of service after age 65 may be paid in installments of up to 10 years as described below. 
  
 Specified date distributions must be elected at the time a participant initially files an election to defer a portion of his or her salary
or bonus and must specify a date no earlier than the first business day of April that occurs at least one year after the election date. Specified date distributions may be further deferred only if a participant makes an election at least 12 months
prior to the date originally selected in the participant’s deferral election and only if the new date chosen for the distribution is at least 5 years after the original distribution date. Specified date distributions may be made in installments
of up to 5 years as described below. 
  
 Upon a change in the ownership of CDI or
a substantial portion of CDI’s assets or upon a change in effective control of CDI, amounts deferred under the Deferred Compensation Plan will be distributed in a lump sum to participants. However, as required by the Code, certain key employees
and officers who separate from service from CDI will not receive a distribution earlier than six months following his separation from service. 
  
 The Committee may, upon a participant’s request, and supporting documentation distribute that amount of a participant’s account that is necessary to alleviate
the participant’s unforeseeable emergency (including any tax obligation arising from such distribution). An unforeseeable emergency is generally a severe financial hardship that results from injury, illness or casualty loss that cannot be
remedied by other sources. Unforeseeable emergency distributions will not be authorized for amounts under $1,000. A participant may only receive two distributions as a result of an unforeseeable emergency per calendar year and must wait at least 90
days between unforeseeable emergency distributions. 
  
 Distribution Form

  
 Optional installment payments are permitted only in the event of
distributions due to retirement, which is a termination following age 65, or upon a specified date. All other distributions are in lump sums. Installment payments are to be made on the first business day of each April after the commencement date,
and are limited to a term of 10 years for a retiring participant and 5 years for a specified date distribution. The Deferred Compensation Plan does not permit installments to be paid for an account balance of $10,000 or less, and instead pays such
balances in the form of a lump sum on the date installments would otherwise commence. 
  
 A participant may not accelerate the time of any distribution under the Deferred Compensation Plan. A participant may only elect to change the form of a distribution (from lump sum to installment or vice versa) regarding a distribution on
account of retirement or a date specified in the participant’s deferral election if he or she makes such subsequent election at least 12 months prior to the date the amounts would otherwise be paid and he or she elects to receive amounts
further deferred no earlier than 5 years following the date payment would otherwise be made. 

 Special Rules Affecting Former MRI Plan Participants 
  
 Certain employees of CDI who work for MRI, had accounts under another nonqualified deferred
compensation plan maintained by MRI (the “MRI Plan”). The accounts under the MRI Plan to the extent they related to distributions that would be made under the MRI Plan on or after January 1, 2007 were merged with this Plan effective
January 1, 2005. Distributions to be made prior to January 1, 2007, remain subject to the terms of the MRI Plan.Release and Waiver of Claims and Non-Competition Agreement

 Exhibit 10.l. 
  

RELEASE AND WAIVER OF CLAIMS 
 and 
 NON-COMPETITION AGREEMENT 
  
 THIS IS A RELEASE AND WAIVER OF CLAIMS and NON-COMPETITION AGREEMENT (hereinafter referred to as “Agreement”) made this 20th day of December, 2004, by and
between CDI Corporation (hereinafter referred to as “the Company”) and Jay G. Stuart (hereinafter referred to as “Employee”) which is entered into in connection with the termination of Employee’s employment
with the Company as of May 31, 2005 or such other date to which the parties may agree (“Termination Date”). 
  
 1. AS CONSIDERATION for Employee’s undertakings and covenants set forth herein, the Company hereby agrees to: 
  

	 	(a)	Pay Employee bi-weekly severance payments of $11,923.08 from the Termination Date until the earlier of the date on which Employee begins new full-time employment or the date on which a total
of $310,000 of such payments have been paid to Employee; 

  

	 	(b)	Pay Employee prorated bonus for the period January 1, 2005 through the Termination date. This amount of bonus will be calculated as a percentage of the bonus for the entire 2005 year (based
on the number of days in 2005 through the Termination Date divided by 365) using the bonus formula applicable to Employee and will be paid when bonuses are normally paid for 2005 (i.e., approximately the end of February, 2006);

  

	 	(c)	Beginning on the Termination Date and continuing for twelve months, reimburse Employee for the same portion of the insurance premium for Employee’s COBRA insurance coverage as the
Company was paying toward the premium for Employee’s group insurance coverage immediately prior to the Termination Date. This reimbursement is contingent upon Employee electing COBRA coverage and will continue for so long as Employee maintains
COBRA coverage but not beyond this twelve month period; 

  

	 	(d)	Continue Employee’s Basic Life Insurance coverage for as long as payments are made under 1(a), above; 

  

							
	 	  	Company	  	 	  	Employee

  

	 	(e)	Pay Employee, promptly following the Termination Date, $15,000 in lieu of his obtaining outplacement services; 

  

	 	(f)	Permit shares of CDI Corp. restricted stock that are held by Employee as of the Termination Date to continue to vest during the period that payments are made under 1(a), above;

  

	 	(g)	Pay Employee a stay bonus of $50,000 if Employee continues satisfactorily to perform his duties on a full-time basis through the Termination Date; 

  

	 	(h)	Assume responsibility for the obligations under Employee’s apartment lease at 1600 Arch Street, Philadelphia from the Termination Date through the lease expiration date (November, 2005),
with the exception of responsibility for any damage to the premises caused during Employee’s tenancy; and 

  

	 	(i)	Promptly following the Termination Date, purchase Employee’s furnishings in the above apartment for $5,000, such furnishings to include: 1 king size bed, 2 dressers, 1 night stand, 1
wall unit, 1 leather sofa, 1 leather chair, 1 slate coffee table, 1 dining room table with 4 chairs and 1 computer desk. 

  
 The Company’s obligations under this Section 1 are contingent upon (i) Employee having executed this Agreement and the General Release substantially in the form attached
hereto as Exhibit “A”, (ii) the seven (7) day revocation periods provided in Section 7, below, and in the General Release having expired and (iii) Employee having not exercised either right of revocation. 
  
 2. On or about the Termination Date, the Company will deliver to Employee for his
signature a General Release, substantially in the form attached hereto as Exhibit A, releasing the Company and related parties from any liability to Employee. Employee will have twenty-one (21) days from his receipt of such release to decide whether
he will sign such release, and if he signs and delivers the release to the Company, he will then have seven (7) days to revoke the release (the “revocation period”) in accordance with its terms. If Employee has not executed such a release
and delivered the same to the Company within twenty-one days after receiving it from the Company, or if he has revoked the release during the revocation period, the Company will not have any obligation to make any payments under this Agreement to
Employee or perform any other obligations under this Agreement. 
  
 3.
Employee warrants and agrees that he is responsible for any federal, state, and local taxes which may be owed by him by virtue of the receipt of any portion of the consideration herein provided. The Company will, however, make 

  

							
	 	  	Company	  	 	  	Employee

  

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any appropriate withholdings on amounts to be paid hereunder, as required by law. 
  
 4. Employee acknowledges that he has been encouraged to seek the advice of an attorney of his choice in regard to this Agreement. The
Company and Employee represent that they have relied upon the advice of their attorneys, who are attorneys of their own choice, or they have knowingly and willingly not sought the advice of their attorneys. Employee hereby understands and
acknowledges the significance and consequences of an agreement such as this and represents that the terms of this Agreement are fully understood and voluntarily accepted by him. 
  
 5. Both Employee and the Company have cooperated in the drafting and preparation of this Agreement. Hence, in any construction to be
made of this Agreement, the same shall not be construed against either party on the basis that the party was the drafter. 
  
 6. Employee acknowledges that he has had at least twenty-one (21) days to consider the terms of this Agreement prior to his signing it. If Employee has executed
this Agreement prior to the end of such twenty-one (21) day consideration period, Employee acknowledges that such decision to waive any portion of the twenty-one (21) day consideration period was done knowingly and voluntarily. 
  
 7. Employee further understands that he may revoke this Agreement within seven (7) days
following his signing of the Agreement by giving written notice of such revocation to the Company. Such notice must be dated within such seven day time period and must be received promptly thereafter by the Company. 
  
 8. Employee agrees to perform those actions that may be reasonably requested by the
Company to effect his separation from the Company including, but not limited to, submitting resignations from director and officer positions in the Company and its subsidiaries. 
  
 9. Employee agrees to perform certain actions that may be reasonably necessary in Company’s defense or prosecution of disputes,
claims and/or lawsuits that involve matters or events, which occurred during Employee’s period of employment with Company. Such actions would include reviewing files and records, attending and participating in meetings, giving depositions,
attending and testifying at trials and performing similar actions. Company agrees to provide reasonable notice, and as much notice as is practicable under the circumstances, to Employee before requesting Employee to perform any such actions. Company
further agrees to cooperate with Employee in scheduling all such actions so as not 

  

							
	 	  	Company	  	 	  	Employee

  

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to unduly burden Employee or to unduly interfere with Employee’s other activities and responsibilities. Company agrees to promptly reimburse Employee for all
out-of-pocket costs (including travel, meal and lodging costs) reasonably incurred by Employee in fulfilling Employee’s responsibilities under this paragraph, upon Employee’s providing proper documentation of such costs. Also, Company
agrees to pay Employee reasonable compensation for time spent by Employee fulfilling his responsibilities under this paragraph following the time period during which payments are made under Section 1(a), above. 
  
 10. Employee agrees to hold all of the Company’s Confidential Information in the
strictest confidence and not use any Confidential Information for any purpose and not publish, disseminate, disclose or otherwise make any Confidential Information available to any third party. “Confidential Information” means all
information, data, know-how, systems and procedures of a technical, sensitive or confidential nature in any form relating to the Company or its customers, including, without limitation, all business and marketing plans, marketing and financial
information, pricing, profit margin, cost and sales information, operations information, forms, contracts, bids, agreements, legal matters, unpublished written materials, names and addresses of customers and prospective customers, systems for
recruitment, contractual arrangements, market research data, information about employees, suppliers and other companies with which the Company has a commercial relationship, plans, methods, concepts, computer programs or software in various stages
of development, passwords, source code listings and object code. 
  
 11.
Employee agrees to return to the Company promptly after the Termination Date all Company property and documents that Employee may have in his possession. 
  
 12. For the twelve month period following the Termination Date, Employee agrees that he will not: 
  

	 	(a)	Directly or indirectly hire or cause to be hired, or solicit, interfere with or attempt to entice away from the Company, any individual who is then an employee of the Company or, in the case
of a person being hired, was an employee of the Company within six months prior to the date of such hire; 

  

	 	(b)	Directly or indirectly, contact, solicit, interfere with or attempt to entice away from the Company any customer of the Company on behalf of a business which competes with the Company;

  

	 	(c)	 Own, manage, operate, finance, join, control, or participate in the ownership, management, operation, financing or control of, 

  

							
	 	  	Company	  	 	  	Employee

  

 -4- 

	 	 
or be connected directly or indirectly, as proprietor, partner, shareholder (other than ownership of not more than two percent of a company’s outstanding capital
stock), director, officer, executive, employee, agent, creditor, consultant, independent contractor, joint venturer, investor, representative, trustee or in any other capacity or manner whatsoever with, any business that provides the types of
services that are provided by the Company as of the Termination Date. Providing consulting services to Management Recruiters International, Inc. or its franchisees will not be considered a violation of this Agreement. 

 
 13. Employee agrees not to use after the Termination Date any computer or network
access code or password belonging to the Company or made available to him by virtue of his employment with the Company, and not to access any computer, network, or data base in the possession or control of the Company. 
  
 14. Employee acknowledges that the amounts paid under Section 1, above, are being paid
under the assumption that during Employee’s employment with Company Employee did not engage in any behavior that would constitute a serious breach (“Serious Breach”) of his obligations as an employee. A Serious Breach would include:
(1) any act(s) or omission(s) by Employee that involved dishonesty in performing services for the Company including but not limited to submitting a false certification or falsifying records, expense accounts and other reports; (2) competing against
the Company, directly or indirectly; (3) disclosure of confidential information of the Company or its customers; (4) violation of any Company policy that provided for termination of employment as a possible consequence of such violation; and (5) any
act(s) or omission(s) that were or could be injurious to the Company (other than to an immaterial extent). 
  
 If, after the date this Agreement is signed by the Company, the Company learns of information that would lead an employer acting in good faith to reasonably believe
that Employee had engaged in a Serious Breach during his employment with Company, then the Company has the right to nullify this Agreement by sending Employee written notice of such nullification. 
  
 Upon receipt of the nullification notice, this Agreement will be cancelled and all
obligations of both parties under this Agreement and the General Release shall be voided. Within ten (10) days of receiving such notice, Employee shall return to the Company any payments made under Section 1 that have already been received. Employee
also agrees that he shall forfeit any payments under Section 1 not yet made by the Company. 
  

							
	 	  	Company	  	 	  	Employee

  

 -5- 

 Employee’s returning any previously paid amounts or the Company’s sending or not sending a nullification
notice does not limit in any way the remedies that Company may pursue against Employee because of any Serious Breach that was committed by him. 
  
 15. If one or more of the provisions of this Agreement shall for any reason be held invalid, illegal or unenforceable in any respect, such invalidity, illegality or
unenforceability shall not affect or impair any other provision of this Agreement, but this Agreement shall be construed as if such invalid, illegal or unenforceable provision had not been contained herein. 
  
 16. This Agreement constitutes the entire agreement between the parties concerning the
termination of Employee’s employment and all other subjects addressed herein. This Agreement supersedes and replaces all prior negotiations and agreements relating to the subjects addressed herein except as specifically addressed herein. All
agreements, proposed or otherwise, whether written or oral, concerning all subject matters covered herein are incorporated into this Agreement. 
  

									
	 	 	 	 	 
					
	 	 	 	 	 	 	 	 	 
	 	 	 Date
	 	 	 	 	 	 Jay G. Stuart

  

									
	 	 	 	 	 CDI Corporation

					
	 	 	 	 	 	 	By:	 	 
	 	 	 Date
	 	 	 	 	 	 Roger H. Ballou
 President and CEO

  

 -6- 

 EXHIBIT A 
  
 Exhibit 10.l. 
 General Release 
  
 NOTICE; This is a very important legal
document and you should carefully review and understand the terms and effect of this document before signing it. By signing this General Release you are agreeing to completely release CDI Corporation from all liability to you. Therefore, you should
consult with an attorney before signing this General Release. You have 21 days from the date of your receipt of this document to consider and execute this document. If you have not returned a signed copy of this General Release by that time, we will
assume that you have elected not to sign the General Release. If you sign and return this General Release before the end of the 21 day period, you acknowledge that you have waived the remainder of the 21 day period knowingly and voluntarily. If you
choose to sign the General Release, you will have an additional 7 days following the date of your signature to revoke this General Release and it shall not become effective or enforceable until the 7 day revocation period has expired. 
  
 In consideration of benefits which would not otherwise be offered to me by CDI
Corporation (“the Company”) and which are set forth in Section 1 of the Release and Waiver of Claims and Non-Competition Agreement dated December 20, 2004 between me and the Company (“the Agreement”), I hereby, on behalf of
myself, my descendants, ancestors, dependents, heirs, executors, administrators, assigns and successors, fully and forever release and discharge the Company and its parent, subsidiaries, affiliates, divisions, successors, and assigns, together with
its and their past and present directors, officers, agents, attorneys, insurers, employees, stockholders, and representatives (all of the foregoing other than the Company are collectively referred to as the “Related Parties”), from any and
all claims, wages, demands, rights, liens, agreements, contracts, covenants, actions, suits, causes of action, obligations, debts, costs, expenses, attorneys’ fees, damages, judgments, orders or liabilities of whatsoever kind or nature in law,
equity or otherwise, whether now known or unknown, suspected or unsuspected which I now own or hold or have at any time heretofore owned or held against said Company or any of the Related Parties, arising out of or in any way connected with my
employment relationship with the Company, or the termination of that employment, or any other transactions, occurrences, acts or omissions or any loss, damage or injury whatsoever, known or unknown, suspected or unsuspected, resulting from any act
or omission by or on the part of the Company or any of the Related Parties, committed or omitted prior to the date of this General Release, including, but not limited to claims under Title VII of the Civil Rights Act of 1964, the Age Discrimination
in Employment Act, any other federal or state statute which deals with discrimination or any claim for severance pay, bonus, salary, overtime pay, sick leave, holiday pay, vacation pay, stock options or other stock related compensation or programs,
life insurance, health or medical insurance, benefits under any pension, retirement or 401(k) plan or any other fringe benefit, workers’ compensation or disability benefit. 
  
 This General Release shall not, however, release any rights to (i) those items to be paid as consideration under the Agreement, (ii)
payments to which I am entitled under any Company insurance, retirement, profit sharing, deferred compensation, 401(k), stock purchase or any other Company benefit plan as of the Termination Date – the benefits under which will be paid in
accordance with the terms of such plans, it being understood and agreed that neither the consideration paid under the Agreement nor the way that consideration is calculated or paid shall create or enhance any such entitlement, (iii) exercise any
stock options that are vested as 

  

 Page 1 of 2 

 
of the Termination Date at any time for two months following the Termination Date, or (iv) payment of salary through the Termination Date, all Paid Days Off earned and
accrued through the Termination Date and reimbursement of any business expenses incurred by me in connection with the Company’s business and in accordance with the Company’s policy for the reimbursement of such expenses. 
  
 By signing below, I acknowledge that I have carefully read and fully understand the
provisions of this General Release. I further acknowledge that I am signing this General Release knowingly and voluntarily and without duress, coercion or undue influence. This General Release constitutes the total and complete understanding between
me and CDI Corporation relating to the subject matter covered herein, and all other prior or contemporaneous written or oral agreements or representations, if any, relating to the subject matter of this General Release are null and void. It is also
expressly understood and agreed that the terms of this General Release may not be altered except in a writing signed by both me and CDI Corporation. 
  
 INTENDING TO BE LEGALLY BOUND, I hereby set my hand below: 
  

					
	 WITNESSED BY:
	 	 	 	 
			
	  	 	 	 	  
	 	 	 	 	 Jay G. Stuart

  

									
					
	Dated:  	 	  	 	 	 	Dated:  	 	  

  

 Page 2 of 2 

 Exhibit 10.l. 
  

Amendment 
  
 This is an amendment (“Amendment”) to the Release and Waiver of Claims and Non-Competition Agreement (“Agreement”) made December 20, 2004 by and
between CDI Corporation (“the Company”) and Jay G. Stuart (“Employee”). This Amendment is entered into as of March 10, 2005. 
  
 The Agreement is hereby amended as follows: 
  

	 	1.	Section 1(a) is deleted and replaced with the following: 

  
 “Pay Employee bi-weekly severance payments of $11,923.08 from the Termination Date until the earlier of the date on which Employee begins new full-time
employment or February 15, 2006. If Employee has not begun full-time employment as of February 15, 2006, the Company will make an additional lump sum payment to Employee prior to March 14, 2006. The amount of this lump sum payment will be the
difference between $310,000 and the total of all bi-weekly payments made under this section. If Employee begins full-time employment after this lump sum payment has been made but before the expiration of one year after the Termination Date
(“the Anniversary Date”), he will repay to the Company the amount of $5,961,54 times the number of weeks between the start of his new employment and the Anniversary Date. 
  
 All other provisions of the Agreement remain unchanged. 
  

									
	 	 	 	 	 
					
	 	 	3/10/05	 	 	 	 	 	/s/    JAY G. STUART        
	 	 	Date	 	 	 	 	 	Jay G. Stuart

  

									
	 	 	 	 	 CDI Corporation

					
	 	 	3/10/05	 	 	 	 By:
	 	/s/    ROGER H. BALLOU        
	 	 	Date	 	 	 	 	 	Roger H. Ballou
	 	 	 	 	 	 	 	 	President and CEO

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