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                                                                 EXHIBIT 10.45.1

               AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT

     This AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT is entered into as
of the 31st day of May, 2002, by and between COLORADO MEDTECH, INC., a FF
Colorado corporation ("Employer") and Stephen K. Onody ("Executive"). In
consideration of the mutual covenants contained in this Agreement, Employer
agrees to employ Executive and Executive agrees to be employed by Employer upon
the terms and conditions hereinafter set forth.

     WHEREAS, Employer and Executive entered into that certain Executive
Employment Agreement dated June 23, 2000 (the "Old Agreement") pursuant to which
Employer employed Executive for annual periods end June 23, 2001, 2002 and 2003
(each such twelve month period, a "Contract Year"); and

     WHEREAS, in connection with the Old Agreement, Employer granted Executive
certain options to purchase common stock (the "Old Options") of Employer
pursuant to that certain Nonstatutory Stock Option Agreement dated as of August
24, 2000 (the "Old Option Agreement"); and

     WHEREAS, the parties desire to amend and restate the Old Agreement to set
forth the terms pursuant to which Employer will employ Executive.

                                    ARTICLE I
                               TERM OF EMPLOYMENT

     The term of employment hereunder commenced on May 31, 2002 ("Commencement
Date") and shall continue for a period ending June 30, 2005 (the "Term of
Employment"). The Term of Employment may be extended by mutual written agreement
of the parties.

                                   ARTICLE II
                                     DUTIES

     2.1 Duties. Executive shall be employed with the titles of Chief Executive
Officer and President of Employer with such responsibilities and authority as
are customarily performed by such officers including, but not limited to, those
duties as may from time to time be assigned to Executive by the Board of
Directors of Employer. Executive shall have full responsibility and authority
for formulating policies and for the management and operation of Employer,
subject to the general direction and control of the Board of Directors.
Executive shall report directly to Employer's Board of Directors.

     2.2 Extent of Duties. Executive shall devote all of his working time,
efforts, attention and energies to Employer's business. He shall render the
services described herein diligently, using his best efforts. Executive shall
hold no other employment during the Term of Employment.

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                                   ARTICLE III
                                  COMPENSATION

     3.1 Base Compensation. As compensation for services rendered under this
Agreement, Employer shall pay Executive a base salary of $200,000 per annum,
payable over the Term of Employment in accordance with Employer's normal payroll
practices. Executive shall also be eligible to participate in any other
compensation arrangements and benefit plans of Employer offered generally to
Employer's other executives .

     3.2 Stock Options. On the date hereof ("Grant Date"), Employer will grant
to Executive incentive and non-statutory stock options ("New Options"), under a
stock option plan of Employer, to purchase Two Hundred Thousand (200,000) shares
of Employer's Common Stock. The exercise price of such options shall be the fair
market value of Employer's Common Stock at the close of the market on the Grant
Date. Such options shall vest and become exercisable as follows:

          (a) One Hundred Thousand (100,000) New Options shall irrevocably vest
and become exercisable on June 30, 2004, and One Hundred Thousand (100,000) New
Options shall irrevocably vest and become exercisable on June 30, 2005 (each of
such dates an "Annual Vesting Date"), subject to Executive's continued
employment on each vesting date. The New Options shall expire ten (10) years
after the Grant Date.

          (b) The Old Option Agreement provides that options for 90,000 shares
of Common Stock will vest on each of August 25, 2001, August 25, 2002 and August
25, 2003 (each, an "Old Option Vesting Date"), subject to the terms of such
agreement. If Executive's employment is terminated by Employer without "Cause"
(defined below) between the Commencement Date and August 25, 2003, any unvested
Old Options as of the Date of Termination (defined below) which would have
vested at the next Old Option Vesting Date shall vest in the proportion that the
number of completed months in the current Contract Year bears to the full
Contract Year; provided, however, that if the Date of Termination is after June
23, 2003, all Old Options shall vest.

          (c) If during either of the twelve month periods ending June 30, 2004
or 2005 Executive's employment is terminated without Cause, any unvested New
Options as of the Date of Termination which would have vested at the next Annual
Vesting Date shall vest in the proportion that the number of complete months
from the beginning of such twelve month period bears to the full twelve month
period.

          (d) If Executive's employment is terminated by Executive for "Good
Reason" (defined below) pursuant to Section 5(a)(iv) or (v), any unvested New
Options or Old Options as of the Date of Termination shall immediately vest in
full.

     3.3 Other Benefits. Executive shall be entitled to participate in all of
Employer's Executive benefit plans and Executive benefits, including any
retirement, pension, profit-sharing,

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stock option (taking the Options into consideration), insurance, hospital,
vacation, paid holiday, or other plans and benefits which now may be in effect
or which may hereafter be adopted, it being understood that Executive shall have
the same rights and privileges to participate in such plans and benefits as
other executive Executives.

     3.4 Expenses. Executive shall be entitled to reimbursement for all
reasonable expenses incurred by Executive in the performance of his duties
hereunder, provided all requests for reimbursement comply with Employer's
current policies regarding expense reimbursement.

                                   ARTICLE IV
                        NON-COMPETITION; CONFIDENTIALITY

Executive may not participate in any areas of business in which the Employer is
engaged during the term of this Agreement except through and on behalf of the
Employer. Upon the execution of this Agreement, Executive shall execute a
Non-Competition Agreement in the form attached hereto as Exhibit A. Executive
agrees that his current non-disclosure agreement with Employer shall continue in
full force and effect. Executive further agrees that he shall promptly execute
any revised non-disclosure form implemented by Employer.

                                    ARTICLE V
                            TERMINATION OF EMPLOYMENT

     5.1 Termination. Executive's employment hereunder may be terminated without
any breach of this Agreement under the following circumstances:

          (a) By Executive for Good Reason. Upon the occurrence of any of the
following events, Executive may terminate his employment for good reason ("Good
Reason") by written notice to Employer:

               (i) if Employer makes a general assignment for the benefit of
creditors, files a voluntary bankruptcy petition, files a petition or answer
seeking a reorganization, arrangement, composition, readjustment, liquidation,
dissolution or similar relief under any law, or there shall have been filed any
petition or application for the involuntary bankruptcy of Employer, or other
similar proceeding, in which an order for relief is entered or which remains
undismissed for a period of thirty days or more, or Employer seeks, consents to,
or acquiesces in the appointment of a trustee, receiver, or liquidator of
Employer or any material part of its assets;

               (ii) the closing of a sale by Employer of substantially all of
its assets to not more than two (2) buyers;

               (iii) if Executive elects to remain employed after a "change in
control of Employer" (defined below) and thereafter, during the Term of
Employment or twelve (12) months from the change in control, whichever is
longer, Executive: (1) is terminated without Cause or is demoted from the
position he held prior to the change in control; (2) is assigned duties
inconsistent with his roles and responsibilities prior to the change in control;
(3) is

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required to materially increase his travel obligations from those he had prior
to the change in control; (4) is relocated to an office or site greater than 50
miles from his location prior to the change in control; or (5) the compensation
or benefits of Executive are materially reduced (including paid time off and
vacation). A "change of control of Employer" will be deemed to occur under
either of the following circumstances: (A) any "person" (as that term is used in
Section 13(d) and 14(d) of the Exchange Act), other than the Employer or any
"person" who on the date hereof is a director or officer of the Employer, is or
becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of securities of the Employer representing forty
percent (40%) or more of the combined voting power of the Employer's then
outstanding securities, or (B) if, during any period of two consecutive years
during the term of this Agreement, individuals who at the beginning of such
period constitute the Board cease for any reason to constitute at least a
majority thereof, unless the election of each director who was not a director at
the beginning of such period has been approved in advance by directors
representing at least two-thirds of the directors then in office who were
directors at the beginning of the period; or

               (iv) within 90 days following a change in control of Employer.

          (b) Death. This Agreement shall terminate upon the death of Executive.

          (c) Disability. Employer may terminate this Agreement upon the
permanent disability of Executive. "Disability" means the failure of Executive,
due to illness, accident, or other physical or mental incapacity, to perform his
duties substantially as required hereunder for a period of any ninety (90)
consecutive days, or, if earlier, upon written certification from a physician
acceptable to Employer as to Executive's inability to carry on his duties and
responsibilities if such condition is expected to continue for at least such
period.

          (d) By Employer for Cause. Employer may terminate Executive's
employment for cause ("Cause") for:

               (i) misappropriation or unauthorized disclosure of Confidential
Information or funds by Executive or with Executive's direct involvement;

               (ii) fraud, embezzlement, theft or dishonesty by Executive
reasonably suspected by the Company;

               (iii) negligent or willful misconduct or dereliction of duty by
Executive; provided, however, that no discharge shall be deemed for Cause under
this clause (iii) unless Executive shall have first received written notice from
the Company advising Executive of the specific acts or omissions alleged to
constitute such negligent or willful misconduct, and such misconduct continues
uncured by Executive for a period of twenty (20) days; or

               (iv) a material breach by Executive of the terms of this
Agreement and a failure by Executive to cure such breach within twenty (20) days
after receiving written notice from an officer of the Company advising Executive
of the action allegedly resulting in the material breach.

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          (e) By Employer Other than for Cause. Employer may terminate
Executive's employment hereunder other than for Cause upon written notification
to Executive given at any time.

     5.2 Date of Termination. "Date of Termination" means (i) if Executive's
employment is terminated by his death, the date of his death; (ii) if the
Executive's employment is terminated for Cause, the date on which notice of
termination is delivered to Executive; and (iii) if the Executive's employment
is terminated for any other reason, the date specified in a notice of
termination by Employer or Executive.

     5.3 Compensation Upon Termination.

          (a)  Upon termination of this Agreement for Cause pursuant to Section
               5.1(d) Executive shall be entitled to compensation only through
               the Date of Termination.

          (b)  In the event of termination of this Agreement by Employer for
               reason other than Cause pursuant to Section 5.1(e), Employer
               shall: (1) continue to pay Executive base salary payments for
               twelve (12) months; and (2) if such termination occurs within the
               original Term of Employment, provide for immediate vesting of the
               pro-rated portion of options for the portion of the year worked
               as set forth in Section 3.2(b) or (c) as applicable.

          (c)  In the event of termination of this Agreement by Executive
               pursuant to Section 5.1(a)(ii) or (iii) for Good Reason, Employer
               shall: (1) continue to pay Executive base salary payments for
               twelve (12) months; (2) accelerate vesting of any unvested New
               Options or Old Options such that all such options shall
               immediately vest; (3) reimburse outplacement services provided
               Executive for a period of 12 months; and (4) reimburse Executive
               for reasonable legal fees in connection with the enforcement of
               the Agreement.

          (d)  In the event this Agreement is terminated at any time by
               Executive for Good Reason pursuant to Section 5.1(a)(iv),
               Executive shall be entitled to receive continuation of 12 months
               of base salary payments; (2) accelerated vesting of any unvested
               New Options or Old Options such that all such options shall
               immediately vest; (3) reimbursement outplacement services
               provided Executive for a period of 12 months; and (4) reimburse
               Executive for reasonable legal fees in connection with the
               enforcement of the Agreement.

          (e)  If after termination pursuant to Section 5.1(a)(iii) or (iv) or
               Section 5.1(e) Executive elects to continue group health
               insurance coverage through COBRA, the Employer will also pay the
               monthly medical insurance

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          (f)  premium payment required to maintain his then current medical
               insurance coverage (less any amount he is paying for such
               insurance at the time of termination, which payment from
               Executive will be required by the beginning of each month) for
               the period during which continuing base salary payments are made
               or until Executive obtains new employment or a consulting
               position, whichever occurs first.

          (g)  Following the termination of this Agreement pursuant to Section
               5.1(b), Employer shall pay to Executive's estate the compensation
               which would otherwise be payable to Executive to the end of the
               month in which his death occurs.

          (h)  In the event of temporary or permanent disability of the
               Executive as described in Section 5.1(c), whether or not the
               Employer elects to terminate this Agreement, Executive shall be
               entitled to receive such compensation and benefits, if any, as
               are payable to Executives generally in accordance with Employer's
               normal practices.

          (i)  Upon termination of his employment and for a period of two years
               thereafter, Executive shall immediately notify Employer of each
               employment or agency relationship entered into by the Executive
               and each corporation or other entity formed or used by the
               Executive, the business of which is directly or indirectly
               similar to or in competition with the Employer's business and
               provided Executive's participation in such business is the same
               as or similar to those activities in which Executive was involved
               at the time of Executive's termination from Employer and during
               the prior 12-month period.

     5.4 Remedies. Any termination of this Agreement shall not prejudice any
other remedy to which the Employer or Executive may be entitled, either at law,
equity, or under this Agreement.

     5.5 Request for Post-Employment Allowance: In order to obtain any payment
pursuant to Paragraph 5.3, excluding sub-paragraph 5.3(a), Executive shall
submit a Request for Post-Employment Allowance (attached hereto as Exhibit B).
Employer shall have no obligation to make any payments to Executive unless and
until Employee shall have submitted an executed copy of such request.

                                   ARTICLE VI
                               GENERAL PROVISIONS

     6.1 Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Colorado.

     6.2 Arbitration. Any and all disputes arising under or related to this
Agreement which cannot be resolved through negotiations between the parties
shall be submitted to binding

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arbitration. If the parties fail to reach a settlement of their dispute within
fifteen (15) days after the earliest date upon which one of the parties notified
the other(s) of its desire to attempt to resolve the dispute, then the dispute
shall be promptly submitted to arbitration by a single arbiter through the
Judicial Arbiter Group ("JAG"), any successor of the Judicial Arbiter Group, or
any similar arbitration provider who can provide a former judge to conduct such
arbitration if JAG is no longer in existence, or an arbiter appointed by the
court. The arbiter shall be selected by JAG or the court on the basis, if
possible, of his or her expertise in the subject matter(s) of the dispute. The
decision of the arbiter shall be final, non-appealable and binding upon the
parties, and it may be entered in any court of competent jurisdiction. The
arbitration shall take place in Boulder, Colorado. The arbitrator shall be bound
by the laws of the State of Colorado applicable to the issues involved in the
arbitration and all Colorado rules relating to the admissibility of evidence,
including, without limitation, all relevant privileges and the attorney work
product doctrine. All such discovery shall be completed in accordance with the
time limitations prescribed in the Colorado Rules of Civil Procedure, unless
otherwise agreed by the parties or ordered by the arbitrator on the basis of
strict necessity adequately demonstrated by the party requesting an extension or
reduction of time. The arbitrator shall have the power to grant equitable relief
where applicable under Colorado law. The arbitrator shall issue a written
opinion setting forth her or his decision and the reasons therefor within thirty
(30) days after the arbitration proceeding is concluded. The obligation of the
parties to submit any dispute arising under or related to this Agreement to
arbitration as provided in this Section shall survive the expiration or earlier
termination of this Agreement. Notwithstanding the foregoing, either party may
seek and obtain an injunction or other appropriate relief from a court to
preserve or protect the status quo with respect to any matter pending conclusion
of the arbitration proceeding, but no such application to a court shall in any
way be permitted to stay or otherwise impede the progress of the arbitration
proceeding.

     6.3 Entire Agreement. This Agreement supersedes any and all other
Agreements, whether oral or in writing, between the parties with respect to the
employment of Executive by Employer, excluding any non-disclosure/
confidentiality agreements previously entered into between Executive and
Employer. Each party to this Agreement acknowledges that no representations,
inducements, promises, or agreements, orally or otherwise, have been made by
either party, or anyone acting on behalf of any party, that are not embodied in
this Agreement, and that no agreement, statement, or promise not contained in
this Agreement shall be valid or binding.

     6.4 Successors and Assigns. This Agreement, all terms and conditions
hereunder, and all remedies arising herefrom, shall inure to the benefit of and
be binding upon Employer, any successor in interest to all or substantially all
of the business and/or assets of Employer, and the heirs, administrators,
successors and assigns of Executive. Except as provided in the preceding
sentence, the rights and obligations of the parties hereto may not be assigned
or transferred by either party without the prior written consent of the other
party.

     6.5 Notices. For purposes of this Agreement, notices, demands and all other
communications provided for in this Agreement shall be in writing and shall be
deemed to have been duly given when delivered or mailed by United States
registered mail, return receipt requested, postage prepaid, addressed as
follows:

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         If to Executive:      Stephen K. Onody
                               6640 So. Waco Way
                               Aurora, CO 80016

         If to Employer:       Colorado MEDtech, Inc.
                               Attn: Chairman of the Board of Directors
                               4801 N. 63rd St.
                               Boulder, CO 80301
                               Phone: (303) 530-2660
                               Fax: (303) 581-1010

         with a copy to:       Colorado MEDtech, Inc.
                               Attn:  General Counsel
                               4801 N. 63rd St.
                               Boulder, CO 80301
                               Phone: (303) 530-2660
                               Fax: (303) 581-1010

         and a copy (which shall not constitute notice) to:

                               Faegre & Benson LLP
                               Attn:  Christopher Hazlitt
                               1900 Fifteenth Street
                               Boulder, CO  80302

or to such other address as either party may have furnished to the other in
writing in accordance herewith, except that notices of change of address shall
be effective only upon receipt.

     6.6 Severability. If any provision of this Agreement is prohibited by or is
unlawful or unenforceable under any applicable law of any jurisdiction as to
such jurisdiction, such provision shall be ineffective to the extent of such
prohibition without invalidating the remaining provisions hereof.

     6.7 Section Headings. The section headings used in this Agreement are for
convenience only and shall not affect the construction of any terms of this
Agreement.

     6.8 Survival of Obligations. Termination of this Agreement for any reason
shall not relieve Employer or Executive of any obligation accruing or arising
prior to such termination.

     6.9 Amendments. No waiver or modification of this Agreement or any
covenant, condition, or limitation herein contained shall be valid unless in
writing and duly executed by the party to be charged therewith, and no evidence
of any waiver or modification shall be offered or received in evidence of any
proceeding, arbitration or litigation between the parties hereto arising out of
or affecting this Agreement, or the rights or obligations of the parties
hereunder, unless such waiver or modification is in writing, duly executed as
aforesaid.

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     6.10 Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall constitute an original but all of which, when
taken together, shall constitute only one legal instrument. This Agreement shall
become effective when copies hereof, when taken together, shall bear the
signatures of both parties hereto. It shall not be necessary in making proof of
this Agreement to produce or account for more than one such counterpart.

     6.11 Fees and Costs. If any action at law or in equity is necessary to
enforce or interpret the terms of this Agreement, the prevailing party shall be
entitled to reasonable attorneys fees, costs and necessary disbursements in
addition to any other relief to which that party may be entitled.

     6.12 Taxes. Executive expressly acknowledges that Employer has not made,
nor herein makes, any representation about the tax consequences of any
consideration provided by Employer to Executive pursuant to this Agreement or
any Stock Option Agreement. Executive further acknowledges that all such
consideration shall be subject to various taxes and withholding which shall be
made by Employer. It is also possible that amounts or benefits paid or
distributed to the Executive pursuant to this Agreement, taken together with any
amount or benefits otherwise paid or distributed to the Executive would be an
"excess parachute payment" as defined in ss.280G of the Internal Revenue Code
(the "Code") and would subject Executive to an excise tax. In the event such tax
is triggered, Employer may limit its payments as follows: If (x) the aggregate
value of all compensation payments or benefits to be paid or provided to the
Executive under this Agreement and any other plan, agreement, or arrangement
with Employer exceeds the amount which can be paid to the Executive without the
Executive incurring an Excise Tax and (y) the Executive would receive a greater
net after-tax amount (taking into account all applicable taxes payable by the
Executive, including any Excise Tax) by applying the limitation contained in
this Paragraph, then the amounts payable to the Executive under this Agreement
shall be reduced (but not below zero) to the maximum amount which may be paid
hereunder without the Executive becoming subject to such an Excise Tax (such
reduced payments to be referred to as the "Payment Cap"). In the event that
Executive receives reduced payments and benefits hereunder, Executive shall have
the right to designate which of the payments and benefits otherwise provided for
in this Agreement that Executive will receive in connection with the application
of the Payment Cap. If the Executive receives reduced payments and benefits
under this Paragraph (or the Payment Cap is determined not to be applicable to
the Executive because the parties conclude that Executive is not subject to any
Excise Tax) and it is established pursuant to a final determination of a court
or an Internal Revenue Service proceeding (a "Final Determination") that,
notwithstanding the good faith of the Executive and Employer in applying the
terms of this Agreement, the aggregate "parachute payments" within the meaning
of Section 280G of the Code paid to the Executive or for his benefit are in an
amount that would result in the Executive being subject an Excise Tax, then the
amount equal to such excess parachute payments shall be deemed for all purposes
to be a loan to the Executive made on the date of receipt of such excess
payments, which the Executive shall have an obligation to repay to Employer on
demand, together with interest on such amount at the applicable federal rate (as
defined in Section 1274(d) of the Code) from the date of the payment hereunder
to the date of repayment by the Executive. If this Paragraph is not applied to
reduce the Executive's entitlements under this Paragraph because the parties
determine

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that the Executive would not receive a greater net after-tax benefit by applying
this Paragraph and it is established pursuant to a Final Determination that,
notwithstanding the good faith of the Executive and Employer in applying the
terms of this Agreement, the Executive would have received a greater net
after-tax benefit by subjecting his payments and benefits hereunder to the
Payment Cap, then the aggregate "parachute payments" paid to the Executive or
for his benefit in excess of the Payment Cap shall be deemed for all purposes a
loan to the Executive made on the date of receipt of such excess payments, which
the Executive shall have an obligation to repay to Employer on demand, together
with interest on such amount at the applicable federal rate (as defined in
Section 1274(d) of the Code) from the date of the payment hereunder to the date
of repayment by the Executive. If the Executive receives reduced payments and
benefits by reason of this Paragraph and it is established pursuant to a Final
Determination that the Executive could have received a greater amount without
exceeding the Payment Cap, then Employer shall promptly thereafter pay the
Executive the aggregate additional amount which could have been paid without
exceeding the Payment Cap.

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     IN WITNESS WHEREOF, Employer and Executive have entered into this Executive
Employment Agreement as of the date first above written.

"EMPLOYER"

COLORADO MEDTECH, INC.

By:  /s/ Clifford W. Mezey
     -----------------------------------
     Clifford W. Mezey,
     Chairman of the Compensation Committee
     of the Board of Directors

"EXECUTIVE"

     /s/ Stephen K. Onody
     -----------------------------------
     Stephen K. Onody

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                                    EXHIBIT A

                            NON-COMPETITION AGREEMENT

     THIS AGREEMENT is made and entered into on and as of the 31st day of May,
2002, by and between Colorado MEDtech, Inc., a Colorado corporation (the
"Company") and Stephen K. Onody ("Executive").

     WHEREAS, Executive holds the offices of President and Chief Executive
Officer of the Company, and in such positions is a key, valued executive
employee of the Company, and, as such, is in a position to damage the business
of the Company by engaging in competing activities; and

     WHEREAS, the Company wishes to protect itself from competitive activities
of Executive which would injure its business and subject Company to the
inevitable disclosure of trade secret information; and

     WHEREAS, it is a condition of the Amended and Restated Executive Employment
Agreement of Executive, Executive has agreed not to compete with the Company
during, or for a period of one (1) year after, his employment with the Company;

     NOW, THEREFORE, in consideration of the offices held by Executive, for the
compensation to be paid to Executive as described in the Amended and Restated
Executive Employment Agreement which is entered into by the parties as of the
date hereof, and for the protection of Company's trade secret information and
other valuable consideration, the receipt and sufficiency of which is
acknowledged, the parties agree as follows:

     1. Executive agrees that he possesses or will possess the knowledge, skills
and reputation in the outsourcing industry in which the Company operates which
are of material importance to the Company, and which are special, unique and
extraordinary. Executive acknowledges that his services cannot be replaced and
that the loss of his services, or the use of his services by a competitor, may
cause the inevitable disclosure of trade secret information and other
irreparable harm to the Company. Therefore, Executive agrees that during the
period commencing with the date hereof and ending one (1) year after his
employment with the Company is terminated (voluntarily or involuntarily) he will
not, knowingly, directly or indirectly, as a principal, officer, director,
shareholder (other than as a holder of 5% or less of a publicly traded
corporation's capital stock), partner, become employed by, consult for or with,
or in any other capacity whatsoever, engage in, be or become associated with, or
advise or assist any business, firm, partnership, individual, corporation, or
any other entity which is engaged in any outsourcing business engaged in, or
anticipated to be engaged in, by the Company as of

<PAGE>

his Date of Termination, as defined in Executive's Executive Employment
Agreement, anywhere in the United States of America.

     2. Executive acknowledges that Company has invested substantial time and
effort in assembling its present staff of personnel. Executive agrees that so
long as he is employed by the Company and during one (1) year immediately
thereafter, Executive shall not either directly or indirectly employ, solicit
for employment or advise or recommend to any other person that a third party
employ or solicit for employment, any of the Company's employees.

     3. Executive agrees that so long as he is employed by the Company and
during one (1) year immediately thereafter, Executive shall not either directly
or indirectly solicit business, as to products or services competitive with the
business of the Company from any of Company's customers with whom Executive had
contact during his employment. Executive agrees that during such post-employment
period he will not influence or attempt to interfere with any of Company's
relationships with its investors, customers or clients.

     4. Executive agrees that so long as he is employed by the Company and for
one (1) year immediately thereafter, Executive shall not either directly or
indirectly interfere with any relationship between the Company and any of its
suppliers, clients or their employees.

     5. Any waiver of any of the terms and conditions of this Agreement shall
not operate as a waiver of any other breach of such terms or conditions, or any
other term or condition, nor shall any failure to enforce any provision hereof
operate as a waiver of such provision or any other provision hereof.

     6. It is agreed that Executive's services are unique, and that any breach
or threatened breach by Executive of any provisions of this Agreement may not be
remedied solely by damages. Accordingly, in the event of a breach or threatened
breach by Executive of any of the provisions of this Agreement, the Company
shall be entitled to injunctive relief, restraining Executive and any business,
firm, partnership, individual, corporation, or entity participating in such
breach or attempted breach, from engaging in any activity which would constitute
a breach of this Agreement. Nothing herein, however, shall be construed as
prohibiting the Company from pursuing any other remedies available at law or in
equity for such breach or threatened breach, including the recovery of damages.

     7. The restrictive period for all of the aforementioned covenants shall be
extended for every day that Executive is in violation of any one of the
covenants.

     8. Any and all notices referred to herein shall be sufficient if furnished
in writing, sent by registered or certified mail to Executive at his address as
shall be furnished to the Company in writing, and to the Company at its
principal office in Boulder, Colorado.

<PAGE>

     9. This Agreement shall be governed by and construed in accordance with the
laws of the State of Colorado.

     10. No modification or changes in this Agreement shall be valid unless such
modification or changes are in writing and signed by all parties hereto.

     11. The invalidity or unenforceability of any provision in this Agreement
shall not affect the other provisions hereof. This Agreement shall be construed
as though such invalid or unenforceable provisions were modified to the minimum
extent necessary to make this Agreement valid and enforceable.

     12. Company may assign this Agreement to its successors. Executive may not
assign this Agreement without the prior written approval of the Company.

     13. Any controversy or claim arising out of or relating to this Agreement
or the breach thereof shall be settled by arbitration in Boulder, Colorado in
accordance with the rules then existing of the American Arbitration Association
and judgment upon the award may be entered in any court having jurisdiction
thereof.

     14. As used herein, any reference to the masculine shall include, if
appropriate, the feminine.

<PAGE>

     IN WITNESS WHEREOF, the parties have executed this Non-Competition
Agreement as of the date first above written.

COLORADO MEDTECH, INC.

By:  /s/ Clifford W. Mezey
     ---------------------

"EXECUTIVE"

     /s/ Stephen K. Onody
     ---------------------
     Stephen K. Onody

<PAGE>

                                   EXHIBIT B

                      REQUEST FOR POST-EMPLOYMENT ALLOWANCE

     This request for severance allowance is made by ___________(hereinafter
"the Employee") pursuant to the provisions of the Agreement between the Employee
and _______________(hereinafter "the Company") as of (the "Agreement").

          1.   In consideration of the execution of this request for
               post-employment allowance, the Company agrees to pay me the
               amount set forth in the Agreement.

          2.   In return for these payments, I fully and finally release, waive
               and discharge Company, including any of its parents,
               subsidiaries, or otherwise affiliated corporations, partnerships
               or business enterprises, and their respective present and former
               directors, shareholders, employees, assigns, insurers and
               employee benefit administrators (hereinafter "Released Parties")
               from all charges, claims and causes of action of any sort which I
               may have, including but not limited to, claims arising from or
               related to my employment or termination of my employment, any
               age, race, any unlawful employment practices of any kind, whether
               such claims arise under federal, state, local, common, contract,
               tort or other laws or regulations, specifically including Title
               VII of the Civil Rights Act of 1964 as amended by the Equal
               Employment Opportunity Act of 1972 and the Age Discrimination in
               Employment Act, 42 U.S.C. Section 1981. BY SIGNING THIS
               AGREEMENT, I ACKNOWLEDGE THAT COMPANY HAS ADVISED ME TO DISCUSS
               THIS AGREEMENT WITH AN ATTORNEY BEFORE SIGNING IT. I further
               acknowledge and agree that the Company is not responsible for any
               of my costs, expenses, and attorneys' fees, if any, incurred in
               connection with the review and signing of this Agreement. I
               acknowledge that I have been given a period of at least
               twenty-one (21) days in which to consider the terms of this
               Agreement. If I have chosen to waive the twenty-one day period, I
               represent that I did so voluntarily without any pressure by
               Company. I also understands that I have the right to revoke this
               Agreement at any time within seven (7) days after signing it, by
               providing written notice to Company, and that upon such
               revocation, this Agreement will not have any further legal
               effect.

          3.   I represent and warrant that I have returned all property of the
               Company in my possession, including but not limited to,
               documents, manuals, pertinent business contacts (names and
               addresses), shareholder lists, software, computers and computer
               disks, notes, keys, cellular phone, and other articles or
               equipment I used in the course of my employment.

<PAGE>

          4.   It is understood that the Company does not admit the existence or
               validity of any such claims or any liability of any sort nor has
               the Company made any agreement or promise to do or omit to do any
               act or thing not herein set forth.

          5.   I agree that I will not disclose this document or its terms or
               provisions without first obtaining the written consent of the
               Company.

          6.   I understand that this Request shall be governed by Colorado law.

          7.   I have read and completely understand this request and recognize
               that it constitutes a general release and waiver of all claims,
               and I agree that this is an acceptable compromise of any such
               claims and knowingly and voluntarily intend to be bound by these
               provisions without any further promises or consideration by the
               Company. I further agree that this agreement terminates all other
               agreements between myself and the Company, excluding any
               non-disclosure or non-compete obligations which may survive my
               employment. As such, except as provided in this Agreement, I am
               not entitled to any other benefits as a result of my separation.

          ------------------------------------              ------------------
          Stephen K. Onody                                        Date<PAGE>
                                                                   EXHIBIT 10.46

September 26, 2002

VIA HAND DELIVERY

Gregory A. Gould

Dear Greg:

This letter confirms our agreement to amend and restate the severance
arrangements provided in our letter agreement with you dated August 25, 2000.
This document will speak as of its original date, i.e., August 25, 2000. In
connection with the planned corporate restructuring announced today, and to
recognize the value of your contribution to the effort and encourage you to
remain employed with Colorado MEDtech, Inc. ("CMED" or the "Company"), through
the restructuring, you are eligible for the following:

         1.       If, prior to June 30, 2004, CMED completes:

                  (a)      a merger, stock swap, change in control, or sale of
substantially all of its assets (an "entity trigger event"), then:

                           (i)      If, at the time of, or within forty-five
days prior to closing of an entity trigger event, or within twelve (12) months
after closing of an entity trigger event your employment is terminated by the
Company without cause, or if you voluntarily terminate your employment for good
reason, then severance is payable. Severance payments shall commence two weeks
after closing of an entity trigger event.

                           (ii)     If your employment is not terminated, or
within 10 days after the entity trigger event you are offered substitute
employment with the successor entity at a level which would not give you good
reason not to accept, then no severance is payable. If you are not terminated or
if you accept such offered employment, a 12-month tail period will begin. If
within the tail period your employment is terminated by the Company or the
successor employer without cause, or if you voluntarily terminate your
employment for good reason, then severance is payable, and severance payments
shall commence two weeks after termination.

or:

                  (b) a sale of a significant portion of the assets of any
operating division of CMED (treating CIVCO as an operating division, and
including a merger, stock swap or change in control of CIVCO) or closure and
discontinuance of operation of any such operating division (a "division trigger
event"), then the same rules apply as in subparagraph (a), above, but if you

<PAGE>

remain employed by the Company after a division trigger event then the tail
period shall restart after each division trigger event.

         2.       For purposes of this letter:

                  (a) "Severance", which shall be considered liquidated damages
in lieu of any other payments or obligations of the Company in connection with
your employment or termination, means continuation of your base salary payments:
for twelve (12) months following the date of termination ("Severance Period").
Payment of severance will be conditioned upon your execution of, and full
compliance with, a Request for Post-Employment Allowance in the form attached
hereto as Exhibit A. The Company shall make adequate provision for payment of
all severance payment obligations.

                  (b) For purposes of this letter, your employment with the
Company shall be deemed terminated for "Cause" only if it is terminated by the
Company for:

                      (i)      misappropriation of corporate confidential
information (or unauthorized disclosure thereof) or funds by you or with your
direct involvement;

                      (ii)     fraud, embezzlement, theft or dishonesty by you \
reasonably suspected by the Company; or

                      (iii)    negligent or willful misconduct or dereliction of
duty by you; provided, however, that no discharge shall be deemed for Cause
under this clause (iii) unless you shall have first received written notice from
the Company advising you of the specific acts or omissions alleged to constitute
such negligent or willful misconduct, and such misconduct continues uncured by
you for a period of twenty (20) days.

                  (c)      "Good Reason" shall exist if you: (1) are demoted
from the position you held prior to an entity trigger event or division trigger
event; (2) are assigned duties inconsistent with your roles and responsibilities
prior to an entity trigger event or division trigger event; (3) are required to
materially increase your travel obligations from those you had prior to an
entity trigger event or division trigger event; (4) are relocated to an office
or site greater than 50 miles from your location prior to an entity trigger
event or division trigger event; or (5) your compensation or benefits are
materially reduced (including paid time off and vacation).

                  (d)    A "change of control of the Company" will be deemed to
occur under either of the following circumstances: (A) any "person" (as that
term is used in Section 13(d) and 14(d) of the Exchange Act), other than the
Company or any "person" who on the date hereof is a director or officer of the
Company, is or becomes the "beneficial owner" (as defined in

                                       2
<PAGE>

Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the
Company representing forty percent (40%) or more of the combined voting power of
the Company's then outstanding securities, or (B) if, at any time during any
period of two consecutive years, individuals who at the beginning of such period
constitute the Board cease for any reason to constitute at least a majority
thereof, unless the election of each director who was not a director at the
beginning of such period has been approved in advance by directors representing
at least two-thirds of the directors then in office who were directors at the
beginning of the period.

         3. If, after termination, you elect to continue your group health
insurance coverage through COBRA, the Company will also pay the monthly medical
insurance premium payment required to maintain your then current medical
insurance coverage (less any amount you are paying for such insurance at the
time of termination, which amount will continue to be required from you by the
beginning of each month) after termination for the duration of the Severance
Period or until you obtain new employment, whichever occurs first. If you fail
to make any required payment, the Company's payment obligations under this
paragraph will terminate.

         4. In the event you retain counsel to enforce this letter the Company
will reimburse you for reasonable attorneys fees and costs associated with such
effort. If any action at law or in equity is necessary to enforce or interpret
the terms of this letter, the prevailing party shall be entitled to reasonable
attorneys fees, costs and necessary disbursements in addition to any other
relief to which that party may be entitled.

         5. The terms and existence of this letter agreement are confidential.

         This letter shall not by itself constitute an agreement for a specific
term of employment. EITHER YOU OR THE COMPANY MAY TERMINATE YOUR EMPLOYMENT AT
ANY TIME AND FOR ANY REASON.

COLORADO MEDTECH, INC.                         AGREED AND ACCEPTED:

By: /s/ Stephen K. Onody                             /s/ Gregory A. Gould
   -------------------------                   ---------------------------------
   Stephen K. Onody,                           Gregory A. Gould
   President and Chief Executive Officer

                                       3
<PAGE>

                                    EXHIBIT A

                      REQUEST FOR POST-EMPLOYMENT ALLOWANCE

         This request for severance allowance is made by Gregory A. Gould ("the
Employee") pursuant to the provisions of the letter agreement (the "Agreement")
between the Employee and Colorado MEDtech, Inc. (the "Company").

         1.       In consideration of the execution of this request for
                  post-employment allowance, the Company agrees to pay me the
                  amount set forth in the Agreement.

         2.       Upon receipt of these payments, I fully and finally release,
                  waive and discharge Company, including any of its parents,
                  subsidiaries, or otherwise affiliated corporations,
                  partnerships or business enterprises, and their respective
                  present and former directors, shareholders, employees,
                  assigns, insurers and employee benefit administrators
                  (hereinafter "Released Parties") from all charges, claims and
                  causes of action of any sort which I may have, including but
                  not limited to, claims arising from or related to my
                  employment or termination of my employment, any age, race, any
                  unlawful employment practices of any kind, whether such claims
                  arise under federal, state, local, common, contract, tort or
                  other laws or regulations, specifically including Title VII of
                  the Civil Rights Act of 1964 as amended by the Equal
                  Employment Opportunity Act of 1972 and the Age Discrimination
                  in Employment Act, 42 U.S.C. Section 1981. BY SIGNING THIS
                  AGREEMENT, I ACKNOWLEDGE THAT COMPANY HAS ADVISED ME TO
                  DISCUSS THIS AGREEMENT WITH AN ATTORNEY BEFORE SIGNING IT. I
                  further acknowledge and agree that the Company is not
                  responsible for any of my costs, expenses, and attorneys'
                  fees, if any, incurred in connection with the review and
                  signing of this Agreement. I acknowledge that I have been
                  given a period of at least twenty-one (21) days in which to
                  consider the terms of this Agreement. If I have chosen to
                  waive the twenty-one day period, I represent that I did so
                  voluntarily without any pressure by Company. I also
                  understands that I have the right to revoke this Agreement at
                  any time within seven (7) days after signing it, by providing
                  written notice to Company, and that upon such revocation, this
                  Agreement will not have any further legal effect.

         3.       I represent and warrant that I have returned all property of
                  the Company in my possession, including but not limited to,
                  documents, manuals, pertinent business contacts (names and
                  addresses), shareholder lists, software, computers and
                  computer disks, notes, keys, cellular phone, and other
                  articles or equipment I used in the course of my employment.

<PAGE>

         4.       It is understood that the Company does not admit the existence
                  or validity of any such claims or any liability of any sort
                  nor has the Company made any agreement or promise to do or
                  omit to do any act or thing not herein set forth.

         5.       I agree that I will not disclose this document or its terms or
                  provisions without first obtaining the written consent of the
                  Company.

         6.       I understand that this Request shall be governed by Colorado
                  law.

         7.       I have read and completely understand this request and
                  recognize that it constitutes a general release and waiver of
                  all claims, and I agree that this is an acceptable compromise
                  of any such claims and knowingly and voluntarily intend to be
                  bound by these provisions without any further promises or
                  consideration by the Company. I further agree that this
                  agreement terminates all other agreements between myself and
                  the Company, excluding any non-disclosure or non-compete
                  obligations which may survive my employment. As such, except
                  as provided in this Agreement, I am not entitled to any other
                  benefits as a result of my separation.

EMPLOYEE:

------------------------------------                 ------------------
                                                     Date

                                       2

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