Document:

ex10_6.htm

     

    Exhibit
10.6

    
      

      RESIDENTIAL
LEASE

      

           LEASE
AGREEMENT, entered into between Sidney & Valerie Garman of 15019 Beatties
Ford Road, Huntersville, NC 28078 (Landlord) and Garman Cabinet & Millwork,
Inc.  of 15019 Beatties Ford Road Huntersville, NC 28078
(Tenant).

      

      For good
consideration it is agreed between the parties as follows:

      

      1.   Landlord
hereby leases and lets to Tenant the premises described as follows: 15019
Beatties Ford Road, Huntersville, NC 28078 1st Floor
and outbuilding.

      

      2.   This
Lease shall be for a term of   1 year(s), commencing on January
1, 2008  , and terminating on December 31, 2008.

      

      3.   Tenant
shall pay Landlord the annual rent of $31,680.00 during said term, in monthly
payments of $2,640.00, each payable monthly on the first day of each month in
advance. Tenant shall pay a security deposit of $2,640.00, to be returned upon
termination of this Lease and the payment of all rents due and performance of
all other obligations.

      

      4.   Tenant
shall at its own expense provide the following utilities or services: PHONE,
CABLE. Landlord shall at its expense provide the following utilities or
services: TRASH, ELECTRIC, GAS, WATER.

      

      5.   Tenant
further agrees that:

      a) Upon
the expiration of the Lease it shall return possession of the leased premises in
its present condition, reasonable wear and tear, fire casualty excepted. Tenant
shall commit no waste to the leased premises.

      b) Tenant shall not assign or sublet said premises or allow any other
person to occupy the leased premises without Landlord's prior written
consent.

      c) Tenant shall not make any material or structural alterations to the
leased premises without Landlord's prior written consent.

      d) Tenant shall comply with all building, zoning and health codes and
other applicable laws for the use of said leased premises.

      e) Tenant shall not conduct on premises any activity deemed extra
hazardous, or a nuisance, or requiring an increase in fire insurance
premiums.

      f) Tenant shall not allow pets on the premises.

      g) In the event of any breach of the payment of rent or any other
allowed charge, or other breach of this Lease, Landlord shall have full rights
to terminate this Lease in accordance with state law and re-enter and re-claim
possession of the leased premises, in addition to such other remedies available
to Landlord arising from said breach.

      

      6.   This
Lease shall be binding upon and inure to the benefit of the parties, their
successors, assigns and personal representatives.

      

      7.   This
Lease shall be subordinate to all present or future mortgages against the
property.

      

      8.   Radon
Gas Disclosure.  As required by law, Landlord makes the following
disclosure: "Radon Gas" is a naturally occurring radioactive gas that, when it
has accumulated in a building in sufficient quantities, may present health risks
to persons who are exposed to it over time. Levels of radon that exceed federal
and state guidelines have been found in buildings in NC. Additional information
regarding radon and radon testing may be obtained from your county public health
unit.

       

      9.   Lead
Paint Hazard. "Every purchaser of any interest in residential real property on
which a residential dwelling was built prior to 1978 is notified that such
property may present exposure to lead from lead-based paint that may place young
children at risk of developing lead poisoning. Lead poisoning in young children
may produce permanent neurological damage, including learning disabilities,
reduced intelligence quotient, behavioral problems and impaired memory. Lead
poisoning also poses a particular risk to pregnant women. The seller of any
interest in residential real estate is required to provide the buyer with any
information on lead-based paint hazards from risk assessments or inspection in
the seller's possession and notify the buyer of any known lead-based paint
hazards. A risk assessment or inspection for possible lead-based paint hazards
is recommended prior to purchase."

      

      10.  Additional
Lease terms:

       

      Landlord:                                                                                           Date:                                                                

       

      Tenant:                                                                                               Date:                                                                

      

      NOTICE:
State law establishes rights and obligations for parties to rental agreements.
This agreement is required to comply with the Truth in Renting Act or the
applicable Landlord/Tenant statute or code of your state. If you have a question
about the interpretation or legality of a provision in this agreement, you may
want to seek assistance from a lawyer or other qualified person.Exhibit 10.1

AMERICAN TONERSERV CORP.

2009 Compensation Plan

Job Title:  Sr. Vice President of Corporate Development & Strategy
----------

Position Purpose: Isolate acquisition targets, secure relationships and manage
the entire acquisition process with a supporting role throughout due diligence
and integration phases.

Key Responsibilities:
---------------------
     o    Maintain contact with existing acquisition targets
     o    Isolate and cultivate additional acquisition targets
     o    Participate in weekly and/or periodic pipeline meetings
     o    Limited travel for key meetings at the direction of the Company CEO or
          CFO

2009 Base Salary:  $24,000 annual base, paid on a bi-weekly basis
----------------

Deferred Bonus:
---------------
             $7,150 paid in February
             $7,150 paid in March
             $2,150 paid each month, April through December (9 months = $19,350)
             ------
             $33,650 total during 2009

Employee Benefits:
-----------------
     o    100% of employee benefits premium (Medical, Dental, Vision) paid, up
          to a maximum of $850 per month
     o    Reimbursement / direct payment for ATS business related Mobile Phone
          service
     o    Company laptop for ATS business use will be provided

Stock Options
-------------
     o    Existing Stock Option pool remains in-tact (4M shares @ $0.15 strike
          price with tiered vesting based on annualized revenue milestones)
     o    Upon termination from ATS for any reason, the term of employee's right
          to exercise the options will be extended to 12 months (Section 3. (b)
          of the Stock Option Agreement currently allows for 3 months)

February 1st, 2009                                           2/12/09
----------------------------                     -------------------------------
Effective Date                                             Today's Date

/s/ Ryan Vice                                     /s/ Andrew Beaurlne
Ryan Vice, CFO (Employer)                        Andrew Beaurline, (Employee)Exhibit 10.2

American TonerServ Corp.

Compensation Plan

Job Title:  Division President
----------

Status:  Full-time, Exempt
-------

Position Purpose:
-----------------
     o    Manage the overall business activities and financial performance of
          NCTS
     o    Lead the efforts at NCTS to grow revenue and increase profit margins
     o    Set sales plans and budgets
     o    Manage and direct the Company's sales team and sales representative
          activities
     o    Develop new business and maintain key customer accounts
     o    Develop and deliver sales and marketing materials, method of delivery,
          plans and schedule
     o    Manage, direct and uphold customer service activities to limit
          attrition
     o    Oversee purchasing practices and vendor relationships on equipment,
          raw goods, parts, and outsourced finished goods
     o    Undertake additional or other duties as necessary to meet the needs of
          the business

Base Compensation & Benefits
----------------------------
     o    $75,000 annual, paid on a bi-weekly basis
     o    Employee benefits (Medical, Dental, Vision) covered at 100%, up to
          $1,200 monthly
     o    Accrue PTO at the rate of 3 weeks per year

Incentive Compensation (see attached compensation plan)
----------------------
     o    Monthly profit sharing (measured using EBITDA 3-month rolling monthly
          average)
     o    Share of monthly revenue growth (measured using current 3-month
          rolling monthly average vs. 2008 baseline of $105,000)
     o    Minimum bonus for initial period, March through July

  -------------- ---------- ---------- ---------- ---------- -------- ----------
   Month          March      April      May        June       July     August
  -------------- ---------- ---------- ---------- ---------- -------- ----------
   Min. Bonus     $6,250     $3,750     $2,750     $1,750     $750     $0
  -------------- ---------- ---------- ---------- ---------- -------- ----------

Additional Information
----------------------
     o    Monthly travel budget of $2,000 per month, expectation of 8 business
          days / month on-site at NCTS
     o    Compensation package to be reviewed on a semi-annual basis, initial
          review scheduled August 30th
     o    Stock option targets will be established within 1st quarter 2009,
          based on division growth

February 1st, 2008                             2/16/09
------------------------------                 --------------------------------
Effective Date                                 Today's Date

/s/ Chuck Mache                                /s/ Michael Ducey
Chuck Mache, President & CEO                   Michael Ducey, Division President

This compensation plan does not represent a contract or guarantee of ongoing
employment. ATS is an at-will employer and only the President of the company has
the authority to alter this policy.

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