Document:

Employment Agreement

 Exhibit 10.1 
  
 SOMERA COMMUNICATIONS, INC. 
  

SCOTT WILLIS EMPLOYMENT AGREEMENT 
  
 This Agreement is entered into as of May 31, 2005, and effective as of May 31, 2005 (the “Effective Date”) by and between Somera
Communications, Inc. (the ”Company”), and Scott Willis (“Executive”). 
  
 1. Duties and Scope of Employment. 
  
 (a) Positions and Duties. As of the Effective Date, Executive will serve as Senior Vice President of Services for the Company. Executive will
render such business and professional services in the performance of Executive’s duties, consistent with Executive’s position within the Company, and shall report to the Company’s President and Chief Executive Officer. The period of
Executive’s employment under this Agreement is referred to herein as the “Employment Term.” It is expressly understood that nothing in the foregoing shall preclude the Company from making any organizational and reporting changes it
may deem necessary to most effectively operate the business of the Company. 
  
 (b) Obligations. During the Employment Term, Executive will perform Executive’s duties faithfully and to the best of Executive’s ability and will devote Executive’s full business efforts and time
to the Company. For the duration of the Employment Term, Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Board. 

 
 2. At-Will Employment. The parties agree that Executive’s
employment with the Company will be “at-will” employment and may be terminated at any time with or without cause or notice. Executive understands and agrees that neither Executive’s job performance nor promotions, commendations,
bonuses or the like from the Company give rise to or in any way serve as the basis for modification, amendment, or extension, by implication or otherwise, of Executive’s employment with the Company. 
  
 3. Compensation. 
  
 (a) Base Salary. During the Employment Term, the Company will pay
Executive as compensation for Executive’s services a base salary at the annualized rate of $230,000 (the “Base Salary”). The Base Salary will be paid periodically in accordance with the Company’s normal payroll practices and be
subject to the usual, required withholding. 
  
 (b)
Bonus. Executive is eligible to participate in the Company’s Operating Income Bonus Plan (the “Incentive Plan”), based upon Company performance and profitability in an annual amount up to 50% of the Base Salary, subject
to the terms of the Incentive Plan. 
  
 (c) Stock Option.
The Company shall recommend to the Company’s Board of Directors (the “Board”) that Executive be granted a stock option, which will be, to the extent possible under the $100,000 rule of Section 422(d) of the Internal Revenue
Code of 1986, as 

 
amended (the “Code”), an “incentive stock option” (as defined in Section 422 of the Code), to purchase 275,000 shares of the
Company’s Common Stock at an exercise price equal to the price per share of the Company’s Common Stock as listed on the Nasdaq National Market on the date of grant as determined by the Board (the “Option”). Subject to the
accelerated vesting provisions set forth herein, the Option will vest as to 25% of the shares subject to the Option one year after the date of grant, and as to 1/48th of the shares subject to the Option monthly thereafter, so that the Option will be
fully vested and exercisable four (4) years from the date of grant, subject to Executive’s continued service to the Company on the relevant vesting dates. The Option will be subject to the terms, definitions and provisions of the Company’s
1999 Stock Option Plan (the “Option Plan”) and the stock option agreement by and between Executive and the Company (the “Option Agreement”), both of which documents are incorporated herein by reference. 
  
 (d) Temporary Living and Relocation Assistance. The Company will
provide reasonable temporary living accommodations if and when the Executive is required to commute to the corporate headquarters for extended periods of time. In addition, should the decision be made to permanently relocate the Executive and his
family, Executive and the Company will agree on a reasonable relocation package.  
  
 4. Employee Benefits. During the Employment Term, Executive will be entitled to participate in the employee benefit plans currently and hereafter maintained by the Company of general applicability to other
senior executives of the Company, including, without limitation, the Company’s group medical, dental, vision, disability, life insurance, and flexible-spending account plans. The Company reserves the right to cancel or change the benefit plans
and programs it offers to its employees at any time. 
  
 5.
Vacation. Executive will be entitled to paid vacation of three (3) weeks per year in accordance with the Company’s vacation policy, with the timing and duration of specific vacations mutually and reasonably agreed to by the parties
hereto. 
  
 6. Expenses. The Company will reimburse
Executive for reasonable travel, entertainment or other expenses incurred by Executive in the furtherance of or in connection with the performance of Executive’s duties hereunder, in accordance with the Company’s expense reimbursement
policy as in effect from time to time. 
  
 7. Severance.

  
 (a) Involuntary Termination. If Executive’s
employment with the Company terminates as a result of “Constructive Termination” (as defined herein) or other than voluntarily or for “Cause” (as defined herein), and Executive signs and does not revoke a standard release of
claims with the Company, then subject to Section 10, Executive shall be entitled to receive continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Executive’s Base Salary rate, as then in effect, for a
period of six (6) months from the date of such termination, to be paid periodically in accordance with the Company’s normal payroll policies. In no event shall Executive be entitled to any bonus amounts under the Incentive Plan for the period
in which Executive’s employment with the Company terminates. Additionally, the Company shall waive the cost for the Executive to continue Executive’s group medical coverage with the Company should Executive decide to exercise
Executive’s right to do so in accordance with Title X of the Consolidated Budget Reconciliation Act of 1985, as amended (“COBRA”). Such waiver of cost shall cease upon the earlier of six (6) months from the effective date of such
coverage or the date in which the Executive obtains equivalent coverage elsewhere. 
  

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 (b) Voluntary Termination; Termination for Cause. If Executive’s employment with the Company
terminates voluntarily by Executive or for “Cause” by the Company, then (i) all vesting of the Option will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as
to amounts already earned), and (ii) Executive will only be eligible for severance benefits in accordance with the Company’s established policies as then in effect. 
  
 (c) Change of Control. If within twelve (12) months following a “Change of Control” (as defined below) (i)
Executive terminates his or her employment with the Company or successor corporation other than voluntarily, (ii) Executive terminates his or her employment with the Company or successor corporation as a result of Constructive Termination, or (iii)
the Company or the successor corporation terminates Executive’s employment with the Company or successor corporation for other than “Cause”, death or disability, then 50% of the shares subject to the Option shall immediately vest and
become exercisable at such time. Thereafter, the Option will continue to be subject to the terms, definitions and provisions of the Option Plan and Option Agreement. 
  
 8. Definitions. 
  
 (a) Cause. For purposes of this Agreement, “Cause” is defined as: (i) an act of dishonesty made by Executive in connection with
Executive’s responsibilities as an employee, (ii) Executive’s conviction of, or plea of nolo contendere to, a felony, (iii) Executive’s gross misconduct, which shall include, but is not limited to, fraud, theft, embezzlement,
breach of the Company’s Code of Conduct and Conflicts of Interest policy on the part of the Executive and any material breach of the Executive’s responsibilities as an employee or (iv) Executive’s continued substantial violations of
Executive’s employment duties after Executive has received a written demand for performance from the Company which specifically sets forth the factual basis for the Company’s belief that Executive has not substantially performed
Executive’s duties. 
  
 (b) Change of Control. For
purposes of this Agreement, “Change of Control” of the Company is defined as: (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) is or becomes the
“beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities; or
(ii) a change in the composition of the Board occurring within a two-year period, as a result of which fewer than a majority of the directors are Incumbent Directors. “Incumbent Directors” will mean directors who either (A) are directors
of the Company as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but will not include an
individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company); (iii) the date of the consummation of a merger or consolidation of the Company with any other
corporation that has been approved by the stockholders of the Company, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining
outstanding or by being converted into voting securities of the surviving entity) more than fifty 

  

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percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity outstanding immediately after such
merger or consolidation, or the stockholders of the Company approve a plan of complete liquidation of the Company; or (iv) the date of the consummation of the sale or disposition by the Company of all or substantially all the Company’s assets.

  
 (c) Constructive Termination. For purposes of this
Agreement, “Constructive Termination” is defined as the resignation of Executive within sixty (60) days following: (i) a material reduction in Executive’s Base Salary, (ii) a material reduction in Executive’s authority or duties,
or (iii) the relocation of Executive to a facility or location more than fifty (50) miles from Executive’s then present location, without Executive’s written consent. 
  
 9. Confidential Information. Executive agrees to enter into the Company’s standard Confidential Information and
Invention Assignment Agreement (the “Confidential Information Agreement”) upon commencing employment hereunder. 
  
 10. Conditional Nature of Severance Payments. 
  
 (a) Noncompete. Executive acknowledges that the nature of the Company’s business is such that if Executive were to become employed by, or
substantially involved in, the business of a competitor of the Company during the twelve (12) months following the termination of Executive’s employment with the Company, it would be very difficult for Executive not to rely on or use the
Company’s trade secrets and confidential information. Thus, to avoid the inevitable disclosure of the Company’s trade secrets and confidential information, Executive agrees and acknowledges that Executive’s right to receive the
severance payments set forth in Section 7 (to the extent Executive is otherwise entitled to such payments) shall be conditioned upon Executive not directly or indirectly engaging in (whether as an employee, consultant, agent, proprietor, principal,
partner, stockholder, corporate officer, director or otherwise), nor having any ownership interested in or participating in the financing, operation, management or control of, any person, firm, corporation or business that competes with Company or
is a customer of the Company. Upon any breach of this section, all severance payments pursuant to this Agreement shall immediately cease and Executive shall repay any severance amounts previously provided. 
  
 (b) Non-Solicitation. Until the date twelve (12) months after the
termination of Executive’s employment with the Company for any reason, Executive agrees and acknowledges that Executive’s right to receive the severance payments set forth in Section 7 (to the extent Executive is otherwise entitled to such
payments) shall be conditioned upon Executive not either directly or indirectly soliciting, inducing, attempting to hire, recruiting, encouraging, taking away, hiring any employee of the Company or causing an employee to leave his or her employment
either for Executive or for any other entity or person. 
  
 (c)
Understanding of Covenants. Executive represents that he (i) is familiar with the foregoing covenants not to compete and not to solicit, and (ii) is fully aware of Executive’s obligations hereunder, including, without limitation, the
reasonableness of the length of time, scope and geographic coverage of these covenants. 
  

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 11. Assignment. This Agreement will be binding upon and inure to the benefit of (a) the heirs,
executors and legal representatives of Executive upon Executive’s death and (b) any successor of the Company. Any such successor of the Company will be deemed substituted for the Company under the terms of this Agreement for all purposes. For
this purpose, “successor” means any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires all or substantially all of the assets or business of the
Company. None of the rights of Executive to receive any form of compensation payable pursuant to this Agreement may be assigned or transferred except by will or the laws of descent and distribution. Any other attempted assignment, transfer,
conveyance or other disposition of Executive’s right to compensation or other benefits will be null and void. 
  
 12. Notices. All notices, requests, demands and other communications called for hereunder shall be in writing and shall be deemed given (i) on the
date of delivery if delivered personally, (ii) one (1) day after being sent by a well established commercial overnight service, or (iii) four (4) days after being mailed by registered or certified mail, return receipt requested, prepaid and
addressed to the parties or their successors at the following addresses, or at such other addresses as the parties may later designate in writing: 
  
 If to the Company: 
  
 Somera Communications, Inc. 
 301 S. Northpoint Drive 
 Coppell, Texas 75019 
 Attention: General Counsel 
  
 If to Executive: 
  
 3662 Cape York Trace 
 Alpharetta, GA 30022 
  
 at the last
residential address known by the Company. 
  
 13.
Severability. In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement will continue in full force and effect without said provision. 

 
 14. Arbitration. The parties agree that any controversy or claim
arising out of or relating to this Agreement, or any dispute arising out of the interpretation or application of this Agreement, which the parties hereto are unable to resolve, shall be finally resolved and settled exclusively by arbitration as
provided in the Arbitration Agreement between the Company and the Executive which is incorporated by reference herein. 
  
 15. Integration. This Agreement, together with the Option Plan, Option Agreement, the Arbitration Agreement and the Confidential Information
Agreement represents the entire agreement and understanding between the parties as to the subject matter herein and supersedes all prior or contemporaneous agreements whether written or oral. No waiver, alteration, or modification of any of the
provisions of this Agreement will be binding unless in writing and signed by duly authorized representatives of the parties hereto. 
  

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 16. Tax Withholding. All payments made pursuant to this Agreement will be subject to withholding
of applicable taxes. 
  
 17. Governing Law. This Agreement
will be governed by the laws of the State of Texas (with the exception of its conflict of laws provisions). 
  
 18. Acknowledgment. Executive acknowledges that he has had the opportunity to discuss this matter with and obtain advice from Executive’s
private attorney, has had sufficient time to, and has carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement. 
  

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 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by their
duly authorized officers, as of the day and year first above written. 
  

							
	 COMPANY:
	 	 	 	 
			
	 SOMERA COMMUNICATIONS, INC.
	 	 	 	 
				
	 By:
	 	 /S/ DAVID W. HEARD

	 	Date:	 	May 31, 2005
	 Title:
	 	President & CEO	 	 	 	 
			
	 EXECUTIVE:
	 	 	 	 
			
	 /S/SCOTT WILLIS

	 	Date:	 	May 31, 2005
	 Scott Willis
	 	 	 	 

  

 -7-Exhibit  10.39

                 POWER2SHIP - WELLEY SHIPPING (CHINA) CO., LTD.

1.     The Agreement is made between Power 2 Ship (P2S), whose registered office
is  at  903  Clint  Moore  Road,  Boca  Raton,  Florida, 33487, United States of
America,  and  Welley  Shipping  (China)  Company Limited, Beijing Branch, whose
registered  office  is  Room  1,  Floor  11,  Building  A,  Fuhua  Mansion,  8N,
Chaoyangmen  Street,  Dongcheng  District,  Beijing 100027, People's Republic of
China.

2.     In  this Agreement Welley shall mean the logistics and freight forwarding
division  of  the  China  Ocean  Shipping  (Group)  Company.

3.     P2S  and  Welley  agree to work with each other to develop new profitable
business  between  the  USA  and  the  PRC  for  both  air  and  ocean  freight.

4.     P2S  and  Welley  agree  to  compile  an annual business plan that can be
changed  from  time  to  time  and  to  sue  their best endeavor to work to this
business  plan.  All  operating  details  shall  be  part  of the business plan.

5.     Welley  will  make  available to P2S preferential ocean freight rates and
priority  space  available  to and from the PRC and equivalent to or better than
offered  to Welley's most favored shippers. Welley will additionally endeavor to
provide  favorable  rates and availability on the same basis to and from the USA
for  ports  outside  the  PRC.
     P2S  will  make  available  to  Welley preferential ocean freight rates and
priority  space  and equipment available to and from the USA and equivalent to r
better  than  offered  to  P2S's  most  favored  shippers. P2S will additionally
endeavor  to provide favorable rates and availability on the same basis from USA
for  ports  outside  the  PRC.

6.     P2S  agrees  to  consign  all  of its export cargo from the USA to PRC to
Welley  and to nominate Welley as the handling agent for all of its import cargo
in  the  PRC.
     For  any  shipment  handled by Welley Shipping Beijing Branch that is under
P2S's  service  contract, Welley Shipping Beijing Branch can issue P2S bills and
nominate  P2S  as  handling  agent  in  USA.

7.     Welley  and  P2S  agree  to  profit share on all profits derived from any
transaction  conducted  between Welley and P2S for shipments between the PRC and
the USA. A transaction is deemed start when Welley or P2S accept instructions on
export  cargo and is deemed to finish when Welley or P2S releases control of the
import  cargo.

8.     Clause 7 above excludes any transaction where freight is consigned to P2S
by  any  party  other  than  Welley  on  a  COSCO  vessel or any other such like
eventuality.
If  P2S  accept  offer from another party, and Welley Shipping Beijing Branch is
the  handling  agent,  only  Welley  will  charge  handling  charge.

<PAGE>

9.     Profit  shall  mean  the  difference  between the amount of gross revenue
billing  on  the  Bill of Lading and the direct costs allocated to that invoice,
exclusive  of  salary,  general  and  administrative  (S,G  &  A)  costs.

10.     "Gross  revenue  billing", is defined as the total invoice amount billed
by  P2S  or  Welley,  on  the  Bill of Lading, to a client in the PRC or USA, in
relation  to  shipments  carried  through P2S/Welley joint service, exclusive of
customs  duties  and  other  government-imposed  levies.

Regarding to item 9 & 10, if freight charge is not showing on bill of lading but
as  "rate  as  agreed".  Both  parties  should  advise the others total cost and
revenue  of each shipment in the statement and list profit share caused thereof.

11.     Welley  and  P2S  will exchange statements by the 15th day following the
end  of the calendar month, and will settle accounts on contra basis by the 30th
day  following  the  end  of  the  calendar  month.

12.     This  Agreement   is  evergreen but can be terminated by either party by
giving  ninety  (90)  days  written  notice.

13.     This  Agreement  can be terminated immediately if either party is forced
into  or  intentionally  enters  into any form of bankruptcy, including entering
into  Chapter  11.

14.     This Agreement shall be governed by the laws of the People's Republic of
China,  and  disputed  settled  by  International  Arbitration.

Agreed  on  behalf  of  P2S

/s/
    ---------------------------------

Print  Name  &  Title  Date

                          23  May,  05
-------------------------

Agreed  on  behalf  of:     WELLEY  SHIPPING  CO.  (CHINA)  LTD.
                                   BEIJING  BRANCH

/s/
    ---------------------------------

Print  Name  &  Title  Date

                           2005.5.23
-------------------------

<PAGE>

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