Document:

Exhibit
10.10

January 23,
2006
 

Mr. James M. Johnson, Jr. 
1250
Dogwood Drive 
Greensboro, GA 30642 

Dear Mr. Johnson: 

     I am
pleased to confirm an offer of employment to you to join Wireless Telecom Group
Inc. (“WTG” or the “Company”) as its new Chief Executive Officer and your
appointment by the Board of Directors effective as of January 23, 2006 to the
Board of Directors as a Director and Vice Chairman as of the effective date of
your acceptance of this offer. The terms of your offer are as follows:

     Annual Base
Salary: Your annual base salary will be
$200,000. 

     Bonus: During your employment you will
have an opportunity to earn an annual bonus, in the Company’s sole discretion,
in the amount of $225,000 based on a review of your performance and the
performance of the Company. The bonus will be based two-thirds on Revenue growth
and one-third on Profit growth. 

Your bonus for each year will be
determined based on achieving a certain minimum Revenue and Profit compounded
annual growth rate (“CAGR”), calculated by reference to the audited year-end
results for each fiscal year during the relevant period (i.e., (i) for 2006, it
will be determined based on the CAGR from 2005 to 2006, calculated by comparing
the audited year-end results for the year ended December 31, 2006 to the base
year year-end results for the year ended December 31, 2005; (ii) for 2007, it
will be determined based on the two-year CAGR from 2005 to 2007, calculated by
comparing the audited year-end results for the years ended December 31, 2006 and
2007 to the base year year-end results for the year ended December 31, 2005; and
(iii) for 2008, it will be determined based on the three-year CAGR from 2005 to
2008, calculated by comparing the year-end results for the years ended December
31, 2006, 2007 and 2008 to the base year audited year-end results for the year
ended December 31, 2005) and in accordance to the table below: 

	To the extent 20% CAGR is achieved, 100% of the
  bonus entitlement shall be paid;
 
  
	To the extent 15% CAGR is achieved, 75% of the bonus
  entitlement shall be paid, except for 2006 then 100% of the bonus entitlement
  shall be paid;
 
  
	To the extent 10% CAGR is achieved, 25% of the bonus
  entitlement shall be paid, except for 2006 then 50% of the bonus will be
  paid;
 
  
	To the extent 0% CAGR is achieved, no bonus entitlement shall
  be paid, except for 2006 then 25% of bonus will be paid so long as there is no
  decrease in either the 2006 revenues or profits compared to the 2005 Revenue
  Base (as defined below) and 2005 Profit Base (as defined below), respectively;
  and
 
  
	To the extent an intermediate CAGR is achieved, bonus will be
  treated by interpolation.

The base year for fiscal 2006, 2007 and
2008 revenues comparison shall be the annualized WTG consolidated revenues for
the fiscal year ending 12/31/05, after taking into account the full 12-month
consolidation effect of the recently acquired Willtek Communications GmbH (the
“2005 Revenue Base”). The base year for fiscal 2006 profits comparison shall be
the annualized revenues for the third and fourth quarters of fiscal 2005, less
the annualized total costs and expenses for the third and fourth quarter of
fiscal 2005 (i.e. after taking into full effect the combined costs of WTG and
its newly acquired assets and the effect of the $500,000 one time tax credit in
2005 (the “2005 Profit Base”). For purposes of the Bonus
calculation, the parties hereto agree that 2005 Revenue Base is $50.4 million
and 2005 Profit Base is $3.8 million. 

26 

Notwithstanding anything herein to the
contrary, in the event that you are employed by the Company as its Chief
Executive Officer at the end of the fiscal year ending December 31, 2007 or at
the end of the fiscal year ending December 31, 2008 and the Company has achieved
the applicable target CAGR for the two or three-year consecutive periods, as
applicable, you shall be entitled to receive from the Company a catch-up bonus
equal to the difference between any and all bonuses previously paid to you and
the amount of Bonus you would have received if you had earned the Bonus
percentage contemplated at the target CAGR level. 

     Relocation and Commutation: Should you
accept this offer of employment, the Company will reimburse your relocation
expenses up to $75,000 as and when actually accrued upon presentation of
detailed receipts. Notwithstanding anything herein to the contrary and other
than the aggregate relocation expenses allocation stated above, the Company
shall not pay, and shall have no obligation or liability with respect to any
commutation expenses (including, without limitation, transportation, hotels,
meals, etc.). 

     Equity: You will be eligible to
receive 500,000 qualified stock options, which will vest 50% in 2008 and 50% in
2009, at the option price as of the date this offer is formally accepted, or as
otherwise appropriate, as determined by the WTG attorney. In the event of a
Change of Control of the Company (as defined herein), there will be accelerated
vesting of the foregoing options as follows: 

	If the Change of Control occurs at anytime between the date
  of your acceptance of employment and December 31, 2007, then 250,000 stock
  options will vest upon such change of control during this time
  period.
 
  
	If the Change of Control occurs at anytime between January 1,
  2008 and December 31, 2009, then the aggregate of the 500,000 stock options
  will be vested during this time period
 
  
	For purposes herein, “Change of Control” means the occurrence
  of any of the following; (a) the sale, transfer, conveyance or other
  disposition in one or a series of related transactions, or all or
  substantially all of the assets of the Company to any entity, person, or
  group; or (b) any entity, person, or group that becomes, directly or
  indirectly, the owner of more than fifty percent (50%) of the voting stock of
  the Company by way of merger, consolidation, or other business combination,
  other than a transaction involving only the Company or one or more of its
  subsidiaries. Notwithstanding the foregoing, no Change of Control shall be
  deemed to have occurred by reason of any actions or events in which you
  participate in a capacity other than as an executive or director of the
  Company.

     Location: It is expected that you will
during business hours be physically resident at the Company’s facility in
Parsippany, New Jersey during your course of employment unless you are traveling
to some other location on Company business or if such date is a holiday or a
vacation day.

     Benefits: You shall be eligible for
the full complement of fringe benefits available to other executives of the
Company, pursuant to the eligibility terms set forth in the applicable plan or
employee handbook.

     At-Will Employment: Your employment
with the Company is “at will”, which means your employment may be terminated by
you or the Company at any time for any reason, with or without notice, and in
the case of a termination of employment by the Company, either with or without
cause as deemed appropriate by the Company. In addition, this letter is an
outline of the terms of our offer and is not intended to create a contract of
employment between you and the Company.

     Termination: Although it is intended
that the relationship between you and the Company will be a successful one, in
the event that your employment is terminated by the Company without cause within
the first year of employment, the Company will pay you severance in the amount
of $100,000. If your employment is terminated by the Company for cause or if you
terminate your employment without cause, you shall be entitled to no further
compensation, benefits or obligations from the Company and you will relinquish
immediately all your positions with the Company including your seat on the Board
of Directors. Additionally, should the Company terminate your employment without
cause at any time, you will forfeit all rights to any unvested stock options and
will relinquish your seat on the Board of Directors. 

27

     For
purposes herein, “Termination for Cause” shall mean (i) indicted of any crime
(whether or not involving WTG) constituting a felony in the jurisdiction
involved; (ii) engaging in any act which, in each case, subjects, or if
generally known would subject, WTG to reputational or economic harm or
regulatory sanction resulting in any monetary fine; or (iii) non-performance,
neglect or gross misconduct in the performance of your duties hereunder;
provided,
however,
with respect to subsection (iii), that you shall have received written notice
from WTG setting forth the alleged act or failure to act constituting “cause”
hereunder, and you shall not have cured such act or failure to act within ten
(10) business days of your receipt of such notice. 

     Confidential Information: During your
employment and for five (5) years thereafter, you shall hold in a fiduciary
capacity all secret or confidential information, knowledge or data relating to
the Company and its businesses (including without limitation, any proprietary
and not publicly available information concerning any processes, methods, trade
secrets, research or secret data, costs, names of users or purchasers of their
respective products or services, business methods, operating procedures or
programs, or methods of promotion and sale) that you have obtained or obtain
during your employment by the Company that is not public knowledge
(“Confidential Information”). You shall not communicate divulge or disseminate
Confidential Information at any time during or after your employment with the
Company, except with prior written consent of the Company, or as otherwise
required by law or legal process or as such use or disclosure may be required or
use may be required in the course of performing your duties and
responsibilities. In addition, you will be required to sign and return a
Confidentiality and Non-Solicitation Agreement upon commencement of your
employment as a condition of employment. 

     Restrictive Covenants: You shall not,
without the prior written consent of WTG, directly or indirectly, for any
reason: 

          a. During the period of your employment and for a period one
(1) year thereafter, engage in, assist, or have any interest in, including
without limitation as a principal, consultant, employee, owner, shareholder,
director, officer, partner, member, advisor, agent, or financier, any entity
that is or that is about to become engaged in any activity that is in
competition with the Company;

          b.
During the period of your employment and for a period five (5) years thereafter:

               i. Solicit any of the Company’s customers except on the
Company’s behalf, or direct any current or prospective customer to anyone other
than the Company for goods or services that the Company provides; 

               ii. Directly or indirectly influence any of the Company’s
employees to terminate their employment with the Company or accept employment
with any of the Company’s competitors; 

               iii. Interfere with any of the Company’s business
relationships, including without limitation those with customers, suppliers,
consultants, attorneys, and other agents, whether or not evidenced by written or
oral agreements. 

     Entire
Understanding: The parties hereto agree that
this agreement reflects the entire understanding of the parties hereto relating
to your employment and that no other understanding or agreement, either written
or verbal, relating to your employment exists. 

     We are
very pleased about the prospects for the future and we look forward to your
joining us. If you have any questions, please feel free to call me. 

	 	Sincerely,  
		 
		WIRELESS TELECOM GROUP, INC.  
		 
		By:   
        	/s/ Paul Genova  	 
			Paul Genova,
    President  

Formally Agreed and accepted:

	/s/Monty Johnson 	 	January 25, 2006
      
	Signature  	Date 
  

28Exhibit
10.20

 

February 6, 2007 
 

Lawrence D. Henderson
2 Calloway
Ridge
Fairport, NY 14450-4231 

Dear Larry, 

     I am
pleased to extend to you an offer of employment on an at-will-basis as
Senior Vice President, Global Customer
Operations, and as an Officer with Wireless
Telecom Group Inc. As discussed, the commencement of your employment with
Wireless Telecom Group, Inc. will be on or around February 7, 2007. 

     Your
compensation package shall be a weekly salary of $3,076.93. You will also be
eligible to participate in a Sales Compensation program where your target
commission earnings for calendar year 2007 will be $8,334 per month. Should you
accept our offer of employment, a Sales Agreement will be prepared detailing
your sales compensation program, including provisions for increased earnings if
sales results exceed the Company Approved Plan.

     Your
compensation package shall also include an incentive bonus plan with a target
annual payout up to $40,000. The specific objectives associated with this
incentive plan will be established and communicated upon the commencement of
your employment. 

     Additionally, your compensation package shall include a total of 250,000
shares under the Wireless Telecom Group, Inc. Stock Option Plan, issued as
Incentive Stock Options (“ISOs”), dependent upon Board approval. All shares will
be administered and governed under the rules and policies of the Wireless
Telecom Group, Inc. Stock Plan. This grant of ISOs shall vest over a four-year
(4-year), period. Should a change in control of the Company occur, the vesting
schedule on your ISO grant will be accelerated in the following manner:
Fifty-percent (50%) of your total ISO grant amount will automatically vest
should change of control occur within the first 12-months of your date of hire;
One-hundred-percent (100%) of your total ISO grant amount will automatically
vest should change of control occur after 12-months from your date of hire.
Should you accept our offer of employment, an ISO Agreement will be prepared
detailing the terms of this ISO Grant. Change of Control” means the occurrence
of any of the following; the sale, transfer, conveyance or other disposition in
one or a series of related transactions, of all or substantially all of the
asserts of the Company to any entity, person, or group. 

     Wireless
Telecom Group, Inc. has also agreed to provide relocation assistance to you in
an amount up to $20,000. This relocation assistance may be used by you to cover
relocation expenses such as: Temporary Living, House hunting Trips, Final Move,
Movement of Household Goods, etc. Should you voluntarily resign your position
with Wireless Telecom Group, Inc. within one year of receiving relocation
assistance, you agree to repay Wireless Telecom Group, Inc. for relocation
expenses based on the following schedule: 

	  Completed Months of
      Employment Service
      	  Percentage of Relocation Expenses to Repay
      to 
	  after Move	  Wireless Telecom Group,
      Inc.  
	 
      Less than 3 months   	 
      100% of relocation expenses  
	 
      Less than 6 months  
    	 
      75% of relocation expenses  
	 
      Less than 9 months  	 
      50% of relocation expenses  
	 
      Less than 12 months   	 
      25% of relocation expenses  
	 
      Greater than 12 months  	 
      0% of relocation expenses  

29

     The
Company is also offering a Severance Agreement to you that provides that if your
employment is terminated by the Company due to a change in control of the
Company, or if you terminate your employment for ‘‘good reason,’’ associated
with a change in control of the Company then you will be entitled to receive at
the sole discretion of the Company, a Severance payment in the amount of 75% of
your annual base salary at your regular rate of base pay then in effect. Should
you voluntarily terminate your employment with Wireless Telecom Group, Inc., or
should your employment be terminated for Cause, you will forgo this and all
payments of Severance and shall be entitled to no further compensation, benefits
or obligations from the Company. This offer of a severance benefit in no way
implies a contract of employment. Your employment with Wireless Telecom Group,
Inc. its’ subsidiaries, and holdings remains at-will. Under the terms of the
Severance Agreement, ‘‘cause’’ means the occurrence of any one or more of the
following: (i) fraud, embezzlement and /or misappropriation of the Company’s (or
any successor’s) funds; (ii) gross or willful misconduct by you in the
performance of your duties; (iii) a material violation of the Company’s (or any
successor’s) Code of Conduct; or (iv) a conviction by, or entry or a plea of
guilty or nolo contendre in, a court of competent jurisdiction for any crime
which constitutes a felony or act or moral turpitude in the jurisdiction
involved; and ‘‘good reason’’ means (i) the assignment to you of duties
materially and adversely inconsistent with your position, title, duties,
responsibilities or status with the Company as an officer of the Company, (ii)
any removal of you from, or any failure to re-elect you as an officer of the
Company, (iii) a reduction in your salary, or (iv) relocation of your principal
place of employment to a place more than thirty (30) miles from its current
location, in each case without your written consent.

     As a
full-time employee of Wireless Telecom Group, Inc. you will be eligible for the
following Employee Benefits: 

	Upon the commencement of your employment, you will
  be eligible to participate in the Wireless Telecom Group, Inc. Health and
  Hospitalization and Dental plans. Wireless Telecom Group, Inc. reserves the
  right to amend these plans from time to time.
 
  
	Upon the commencement of your employment, you will be
  eligible to participate in the Company’s Group Term Life and
  Accidental Death and Dismemberment and Long-Term Disability Insurance
  Plans. Wireless
  Telecom Group, Inc. reserves the right to amend these plans from time to
  time.
 
  
	Upon the completion of six months of employment service you
  will be eligible to participate in the Wireless Telecom Group, Inc. Group 401(k) plan
  administered through
  Prudential Retirement. You may defer 100% of your salary up to the IRS
  maximum, indexed each year. Wireless Telecom Group, Inc. matches 50% of your
  contributions. You will reach 100% vestment in the Plan after the completion
  of five years of continuous employment service. Details about this plan may
  also be found in the summary plan description and the Wireless Telecom Group,
  Inc. Employee Handbook. Wireless Telecom Group, Inc. and the Plan Trustee
  reserve the right to amend these plans from time to
  time.
 
  
	In 2007 you will be eligible to accrue up to a total of
  fifteen (15) paid vacation days. Paid vacation is accrued and issued in
  accordance with the Wireless Telecom Group, Inc. Employee Handbook, as the
  Company may amend from time to time.

     On your
first day, you will complete all required paperwork to establish your at-will
employment relationship with Wireless Telecom Group, Inc. and you will be
required to verify your identification and employment eligibility to work in the
United States.

     This
offer of employment is contingent upon your execution of a Non-Competition and
Confidentiality Agreement (“the Agreement”). You will be requested to complete
and sign the Agreement on your first day of employment.

     This
offer is also contingent upon the Company’s execution of a Background screening
check including a credit, criminal and name/social security verification.
Refusal of such screenings and checks will void this offer and disqualifies
candidates for consideration of employment. Paperwork to process such screenings
and background checks is being mailed to you under separate cover.

30 

     On behalf
of Wireless Telecom Group, Inc., I wish to welcome you to our team. We ask that
you confirm your acceptance by signing, dating and returning this letter to me
immediately. 

     Please
call me with any questions at (973) 386-9696 extension 4107. You may also
contact Joanne Calandra Motta, Director of Human Resources at (973) 386-9696
extension 4115. 

	 	Very truly yours, 
		 
		WIRELESS TELECOM GROUP, INC. 
  
		 
		By:      	/s/ Monty Johnson 	 
			CEO, Vice
      Chairman of the Board 

 

Formally Agreed and accepted:

	/s/ Lawrence
      Henderson 	 	February 6, 2007 
	Signature  	Date 
  

31

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