Document:

Exhibit 10.1

    
      

    

     

     

    Exhibit
      10.1

    

    INTELLECTUAL
      PROPERTY ASSIGNMENT AGREEMENT

    

     

    This
      Intellectual Property Assignment Agreement (this “Agreement”) is made as of
      April 26, 2006 (the “Effective Date”) by and between Firstwave Technologies,
      Inc., a
      corporation organized and existing under the laws of Georgia whose address
      is
Suite
      E400, 5775 Glenridge Drive, Atlanta, Georgia 30328 (“Firstwave”), and
Galactus
      Software LLP, a limited liability partnership existing under the laws of the
      State of Florida whose address is 1106 SE 12th
      Ct.,
      Suite A, Cape Coral, Florida 33990(“Galactus”)
      (each individually a “Party” and collectively the “Parties.”).

     

    RECITALS

     

    Firstwave
      desires to assign ownership of the Software owned by Firstwave in exchange
      for
      Galactus’s payment by Cashier’s Check of Five Hundred Thousand Dollars
      ($500,000US). In consideration of the mutual promises set forth herein and
      of
      other legal and valuable consideration, the receipt and sufficiency of which
      is
      hereby acknowledged, the Parties hereby agree to the following terms, intending
      to be legally bound thereby.

    

    

    I. DEFINITIONS

    

    As
      used
      in this Agreement, the following capitalized terms shall have the following
      meanings:

    

    1.1 CRM
      Market.
      “CRM Market” has
      the
      meaning set forth at Section 2.2.3 hereof.

    

    1.2 Effective
      Date.“Effective
      Date” means the date first set forth above.

    

    1.3 Mark(s).“Mark(s)”
means
      trademark(s), service mark(s), logos, trade dress, designs and
      the goodwill of the business symbolized thereby.

    

    1.4 Software.“Software”
means
      (i) all worldwide rights, title and interest in or to any and
      all computer programs (in both object code or source code form), designs,
      inventions (whether patentable or not), pictures, audio, video, artistic works,
      and works of authorship that represent or are embodied in the Firstwave
      Integrated Development Environment software tool more particularly identified
      at
Exhibit
      A
      hereto
      (including without limitation any documentation and/or user manuals therefor)
      as
      the same exist as of the Effective Date, along with (ii) all intellectual
      property rights or other proprietary rights embodied by any of the foregoing
      (including without limitation all rights under patent, copyright, trade secret,
      or confidential information law), but specifically excluding any rights in
      Mark(s) which are proprietary to Firstwave. 

    

    

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

    

    

    II. DELIVERY;
      ASSIGNMENT;
      COVENANTS AND EXCLUSIVE LICENSES

    

    2.1 Delivery
      & Inspection; Assignment; Ownership of Improvements.
      On
      the
      Effective Date, Firstwave shall deliver to Galactus, and Galactus shall have
      five (5) business days to inspect, the Software, and Galactus may accept the
      Software or may reject the Software for any reason in its sole discretion.
      Notice of acceptance or rejection may be given verbally or in writing
      notwithstanding any provision of this Agreement to the contrary. The date of
      Galactus's notice to Firstwave that it has accepted the Software will be the
      "Assignment
      Effective Date."
      As of
      the Assignment Effective Date, Firstwave hereby assigns to Galactus,
free
      and
      clear of all mortgages, liens, security interests, encumbrances, encroachments,
      claims, charges, assessments and restrictions of any kind or character, inchoate
      or choate,
      right,
      title and interest in the Software, subject to the rights granted to Firstwave
      hereunder as set forth in Section 2.2 below. Each Party agrees and acknowledges
      that any modifications, enhancements, improvements and/or derivative works
      made
      or developed with regard to the Software (hereinafter “Derivative Works”) by a
      Party after the Effective Date shall, as between the Parties, be the sole and
      exclusive property of the Party making or developing such Derivative Works,
      and
      nothing in this Agreement shall be construed to grant to the other Party any
      right, title or interest in or to such Derivative Works. 

    

    2.2 Covenants;
      Exclusive Licenses.
      

    

    2.2.1 Each
      Party agrees and acknowledges that this Agreement does not grant to such Party,
      and such Party shall not make any use whatsoever, during the term of this
      Agreement or thereafter, of (i) Mark(s) which are proprietary to the other
      Party, or (ii) any trademark, service mark, logo, trade dress or design which
      is
      confusingly similar to, or a colorable imitation of, any Mark(s) proprietary
      to
      the other Party, or (iii) any word, symbol, character, or set of words, symbols,
      or characters which in any language would be identified as the equivalent of
      any
      Mark(s) (or any part thereof) proprietary to the other Party or that are
      otherwise confusingly similar to, or a colorable imitation of, any Mark(s)
      (or
      any part thereof) proprietary to the other Party.

    

    2.2.2 After
      the
      Assignment Effective Date hereof, Firstwave hereby agrees that it shall not
      use,
      nor permit any third party to use, the Software to create, market, license,
      distribute, or sell, on its own behalf or in the service of others, directly
      or
      indirectly via any third party, any product (including without limitation
      computer software) or service for use, license or sale, except as expressly
      permitted by this Agreement. 

    

    2.2.3 Galactus
      hereby agrees that it shall not disclose or use, nor permit any third party
      to
      use, the Software to create, market, license, distribute or sell, on its own
      behalf or in the service of others, directly or indirectly via any third party,
      any product (including without limitation computer software) or service for
      use
      in the business processes of customer relationship management (the “CRM
      Market”).

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    2.2.4 As
      of the
      Assignment Effective Date, and effective precisely contemporaneously with the
      effectiveness of the assignment described at Section 2.1, Galactus hereby grants
      to Firstwave an exclusive perpetual, irrevocable, worldwide, royalty-free,
      transferable right and license to use the Software (i) to create, market,
      license, distribute and sell, on its own behalf or in the service of others,
      directly or indirectly via any third party, any product (including without
      limitation computer software) or service for use in the CRM Market, and (ii)
      as
      necessary to continue to perform its obligations and grant the rights granted
      to
      (a) First Sports International (“FSI”) pursuant to that certain agreement
      entered into between Firstwave and FSI on June 3, 2005, and (b) M1Global (“M1”)
      pursuant to that certain agreement entered into between Firstwave and M1 on
      October 10, 2005 (collectively referred to as “Third Party Agreements”).
      Galactus acknowledges that it has received and reviewed copies of such Third
      Party Agreements and agrees that (1) the rights granted in this Agreement shall
      not diminish any rights granted to FSI or M1 in such Third Party Agreements,
      and
      (2) M1 has the right to continue creating products that embed Firstwave
      technologies, including, without limitation, the Software. 

    

    2.2.5 The
      Parties specifically agree that they and any trustee in bankruptcy shall abide
      by the terms of Section 365(n) of the Bankruptcy Code with respect to this
      Agreement.

    

    2.2.6 
      With the
      exception of employment offers to Edgar M. Pass ("Pass") by Galactus (with
      the
      Parties acknowledging that Galactus may and will make an offer of employment
      to
      Pass), for a period of one (1) year following the Effective Date of this
      Agreement, neither Party shall, without the prior written consent of the other
      Party, either directly or indirectly, on its own behalf or in the service of
      or
      on behalf of others, divert, solicit, entice or hire away (or seek to divert,
      solicit, entire or hire away) from the employment of the other Party, any person
      employed (or any person who has been so employed in the preceding twelve (12)
      months) by the other Party nor will either Party, for a period of one (1) year
      following the Effective Date of this Agreement, without the prior written
      consent of the other Party, offer employment to any employee of the other Party
      during the six (6) month period immediately following the employee’s
      termination, excluding Pass. In the event Pass’ employment with Galactus is
      terminated by Galactus for any reason, Galactus acknowledges and agrees that
      Firstwave may offer employment to Pass notwithstanding the foregoing
      nonsolicitation restriction; in the event Pass’ employment with Galactus is
      terminated by Pass for any reason, Galactus and Firstwave agree to negotiate
      in
      good faith to resolve Firstwave’s nonsolicitation restriction. For purposes of
      this Agreement, the term “employee” shall mean a person employed by the other
      Party (and, in the case where the “other Party” is Firstwave, shall also include
      those former Firstwave employees currently employed by M1 Global) with whom
      the
      first Party has had significant contacts in the performance of this Agreement,
      whether or not such employee is a full or part-time employee and whether or
      not
      such employment is pursuant to a written agreement, for a determined period
      or
      at will. 

    

    Galactus
      acknowledges that Edgar M. Pass (“Pass”) has been a key technical resource to
      Firstwave for many years and possesses unique knowledge regarding Firstwave
      technology. Because of Pass’ skill, Galactus agrees to provide the services of
      Pass to Firstwave at Galactus’s actual hourly cost (total annual salary and
      other compensation plus health benefits divided by 2080) at Firstwave’s request
      for a minimum period of one business working day (8 hours) per business week;
      any additional Pass time requested by Firstwave in a given business week will
      be
      permitted at the discretion of Galactus.  Unused Pass time shall accrue and
      may be utilized by Firstwave on an as-needed basis for services such as those
      described below; provided, however, that, with respect to any given business
      week, Galactus shall not be obligated to make Pass available for more than
      one
      business working day (8 hours) in such business week, notwithstanding the amount
      of unused time accrued, though Galactus will act in good faith when considering
      Firstwave's requests for additional Pass time.  

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    

     

    2.3 Further
      Assurances.
      Each
      Party hereby agrees to take
      such
      actions, provide such information, and execute all such documents as both
      Parties agree may be reasonably necessary to transfer, perfect, defend and
      confirm such other Party’s rights in the Software at the requesting Party’s
      expense. Without limiting the foregoing, Firstwave specifically agrees to take
      such actions, provide such information, and execute all such documents as
      reasonably necessary for Galactus to register the copyrights in the Software
      and
      for Galactus to perfect the assignments herein by recording same with the United
      States Copyright Office. The foregoing obligations under this Section 2.3 shall
      survive termination or expiration of this Agreement for any reason.

    

    2.4 Infringement
      by Third Parties.
      If
      either
      Party becomes aware of infringement by any third party of any right of either
      Party in or to the Software, the Party obtaining such knowledge shall promptly
      advise such other Party of all relevant facts and circumstances pertaining
      to
      the potential infringement. Each Party shall have the right to enforce any
      rights in the Software against such infringement, at its own expense, and each
      Party shall cooperate with the other in such effort, at the requesting Party’s
      expense. 

    

    

    III. PAYMENT

    

    In
      consideration of the delivery of the Software by Firstwave to Galactus pursuant
      to Section 2 above, Galactus shall deliver to an escrow agent mutually agreeable
      to the Parties ("Escrow Agent"), on the Effective Date, a cash payment in the
      form of a Cashier’s Check in the principal amount of Five Hundred Thousand
      Dollars ($500,000.00US). The Escrow Agent shall hold and safeguard the funds
      free of charge to the Parties. Upon Galactus's notice to Firstwave that it
      has
      accepted the Software as described at Section 2.1, Galactus shall, in
      consideration of the assignment at Section 2.1, cause the Escrow Agent to
      release the funds held in escrow to Firstwave. In the event that Galactus
      rejects the Software, Galactus may terminate the escrow on written notice to
      Firstwave and the Escrow Agent, whereupon Galactus shall be entitled to the
      return of all funds in escrow, Galactus shall return the Software to Firstwave,
      and this Agreement shall be deemed terminated. The Parties agree that (i) the
      Escrow Agent shall have no liability whatsoever to either Party in connection
      with the Escrow Agent's performance with respect to the escrow, and (ii) the
      Escrow Agent is an intended third party beneficiary of this Agreement.

    

    

    IV. REPRESENTATIONS
      AND WARRANTIES; INDEMNITY; LIMITATION OF LIABILITY

    

    4.1 Representations
      and Warranties of Firstwave.
      Firstwave hereby represents and warrants to Galactus that: 

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    

    4.1.1 Firstwave
      has the lawful right and authority to enter into this Agreement and perform
      the
      covenants, and to grant the assignment contained herein without the further
      consent of any third party; 

    

    4.1.2 the
      Software and all copies of same delivered to Galactus contain only original
      works of authorship and other subject matter created by or for Firstwave and
      are
      not subject to any mortgages,
      liens, security interests, encumbrances, encroachments, claims, charges,
      assessments or restrictions of any kind or character, inchoate or
      choate;
      

    

    4.1.3 immediately
      prior to the assignment described at Section 2.1 herein, Firstwave was the
      sole
      owner of the Software and, immediately after the assignment described at Section
      2.1 herein, Galactus shall be the sole owner of the Software, subject to the
      rights granted to Firstwave as set forth in Section 2.2; 

    

    4.1.4 Firstwave
      has not filed nor caused to be filed, nor, to Firstwave’s knowledge, has any
      third party filed, with respect to any portion of the Software, any patent
      applications, provisional or otherwise; 

    

    4.1.5 no
      portion of the Software infringes any copyright, patent, trade secret or other
      proprietary right of any third party; provided, however, that the foregoing
      representation and warranty shall not be deemed breached with respect to any
      infringement which was or may be caused by modifications to the Software by
      Galactus or a third party, or the combination by Galactus or a third party
      of
      the Software with any other good or service of Galactus or a third party, if
      the
      Software, standing alone and unmodified as it existed on the Effective Date,
      would not give rise to such infringement; 

    

    4.1.6 there
      is
      no action, suit, proceeding at law or in equity by any person or entity, or
      any
      arbitration or any administrative or other proceeding by or before any
      governmental or other instrumentality or agency, pending or threatened, against
      Firstwave with respect to the Software or any rights therein or related thereto,
      and to the best of Firstwave’s knowledge, there are no acts, facts,
      circumstances, events or conditions occurred or existing which are a basis
      for
      any such action, suit or proceeding; 

    

    4.1.7 all
      design documentation, user documentation, and source code for the Software
      will
      be provided as it exists on the Effective Date.

     

    

    4.2 Representations
      and Warranties of Galactus.
      Galactus
      hereby represents and warrants to Firstwave that: 

    

    4.2.1 Galactus
      has the lawful right and authority to enter into this Agreement and perform
      the
      covenants contained herein without the further consent of any third party.
      

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    

    4.3 Exclusion
      of Other Warranties.
      THE FOREGOING WARRANTIES BY EACH PARTY IN THIS SECTION 4 ARE IN LIEU OF ALL
      OTHER WARRANTIES BY EITHER PARTY, EXPRESS OR IMPLIED, CONTRACTUAL OR STATUTORY,
      INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND
      FITNESS FOR A PARTICULAR PURPOSE.

    

    4.4 Indemnity.
      Each
      Party shall defend, indemnify and hold harmless the other Party and its
      successors or assigns, subsidiaries, officers, directors, employees, agents,
      and
      independent contractors against any and all claims, liability, loss, damage,
      or
      harm (including without limitation reasonable legal and accounting fees)
      suffered by any of the foregoing based upon or arising from or in connection
      with the indemnifying Party’s breach of any representation or warranty set forth
      in this Section 4. The foregoing obligation shall survive termination or
      expiration of this Agreement for any reason. Each Party's obligations to
      indemnify the other hereunder shall not exceed, in the aggregate, $500,000.00US.
      With
      respect to any obligation of a Party to defend, indemnify and/or hold harmless
      the other Party, such obligation shall only apply where (i) the indemnified
      Party has notified the indemnifying Party in writing of the claim,
      liability, loss, damage, or harm
      within a
      reasonable time after the indemnified Party first learns of such claim or suit,
      (ii) the indemnifying Party will have control of the defense and all related
      settlement negotiations; except that the indemnifying Party will not enter
      into
      any settlement or make an admission on behalf of the indemnified Party without
      the indemnified Party's prior written consent, and (iii) the indemnified Party
      reasonably cooperates with the indemnifying Party in defense of the claim,
      liability, loss, damage, or harm.
      

    

    4.5 Limitation
      of Liability.
      In
      no
      event shall either Party be liable to the other for loss of any special,
      indirect, incidental, consequential, exemplary or punitive damages, profits,
      business, revenue, goodwill or anticipated savings as a result of this
      Agreement. 

     

    

    V. GENERAL
      PROVISIONS

    

    5.1
       No
      Waivers.
      No Party
      shall be deemed to waive any of its rights, powers or remedies hereunder unless
      such waiver is in writing and signed by said Party. No delay or omission by
      a
      Party in exercising any of said rights, powers or remedies shall operate as
      a
      waiver thereof. Nor shall a waiver signed by a Party of any breach of the
      covenants, conditions or agreements binding on another Party on one occasion
      be
      construed as a waiver or consent to such breach on any future occasion or a
      waiver of any other covenant, condition, or agreement herein contained.

    

    5.2 Assignment.
      No
      right
      under this Agreement may be assigned by a Party without the prior written
      consent of the other Party, such consent to not be unreasonably withheld,
      delayed or conditioned, and any attempt to do so shall be null and void;
      provided, however, that a Party may, without the consent of the other Party,
      assign all or part of this Agreement to an entity which (i) is the surviving
      entity in a merger with the assigning Party, or (ii) acquires all or
      substantially all of the assets of the Party.

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    

     

    5.3 Confidentiality.
      Firstwave
      acknowledges and agrees that Galactus considers the Software to be confidential
      information of Galactus and that the source code version of the Software is
      treated as a trade secret under applicable law. Firstwave
      will, subject to all terms and conditions of this Agreement, (i) hold the
      Software in trust and in strictest confidence and protect the Software in the
      same manner as it protects its own confidential information and trade secrets,
      (ii) in no event take any action causing, or fail to take the action necessary
      in order to prevent, such Software to lose its character as confidential
      information or a trade secret, as may be appropriate; and (iii) not use,
      reproduce, distribute, disclose or otherwise disseminate the Software except
      as
      specifically authorized under this Agreement and subject to customary
      obligations of confidentiality binding upon any third parties to whom the
      Software is distributed, disclosed or disseminated. The
      terms
      set forth herein will survive with respect to confidential information which
      is
      not a trade secret under applicable law for a period of two (2) years following
      the Effective Date of this Agreement for any reason. The terms set forth herein
      will survive with respect to trade secrets so long as the respective information
      qualifies as a trade secret under applicable law. The obligations under this
      Section 5.4 shall not apply with respect to any information (1) which Galactus
      has made, or has permitted any third party to make, publicly
      available;
      (2)
      received from a third party who lawfully acquired or developed it and who is
      under no obligation restricting its disclosure; (3) which is independently
      developed without use of the other Party’s confidential information; or (4)
      which must be disclosed by the disclosing Party in the discharge of its
      obligations to supply information for governmental, regulatory or judicial
      purposes or under the rules or regulations of the governing jurisdiction.

    

    

    5.4 Partnership.
      Nothing
      herein contained shall be construed as creating a partnership or joint venture
      by or among the Parties.

    

    5.5 Binding
      Agreement.
      This
      Agreement shall be binding upon and inure to the benefit of the Parties and
      their respective legal representatives, successors and assigns.

    

    5.6 Severability.
      Any
      provision of this Agreement held or determined by a court (or other legal
      authority) of competent jurisdiction to be illegal, invalid, or unenforceable
      in
      any jurisdiction shall be deemed separate, distinct and independent, and shall
      be ineffective to the extent of such holding or determination without (i)
      invalidating the remaining provisions of this Agreement in that jurisdiction
      or
      (ii) affecting the legality, validity or enforceability of such provision in
      any
      other jurisdiction.

    

    5.7 Time
      of Essence.
      Time
      is
      of the essence of this Agreement.

    

    5.8 Entire
      Agreement.
      This
      Agreement constitutes the entire agreement and understanding of the Parties
      with
      respect to the subject matter hereof, and is intended as the Parties’ final
      expression and complete and exclusive statement of the terms thereof,
      superseding all prior or contemporaneous agreements, representations, promises
      and understandings, whether written or oral, and may be amended or modified
      only
      by an instrument in writing signed by are Parties. 

    

    5.9 Notices. Any
      notice required or permitted to be given hereunder shall be (a) in writing,
      (b)
      effective on the first business day following the date of receipt, and (c)
      delivered by one of the following means: (i) by personal delivery; (ii) by
      prepaid, overnight package delivery or courier service; or (iii) by the United
      States Postal Service, first class, certified mail, return receipt requested,
      postage prepaid. All notices given under this Agreement shall be addressed,
      in
      the case of Firstwave, as follows:

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    

    

    Firstwave
      Technologies, Inc.

    Suite
      E400

    5775
      Glenridge Drive

    Atlanta,
      GA 30328

    770.250.0351

    Attention:
      Richard T. Brock, CEO 

    

    with
      a
      copy to:

    

    James
      Walker IV, Esq.

    Morris
      Manning & Martin, LLP

    1600
      Atlanta Financial Center

    3343
      Peachtree Road, N.E.

    Atlanta,
      Georgia 30326

    Tel:
      (404) 504-7687

    Fax:
      (404) 364-3172

    

    and
      in
      the case of Galactus, as follows:

    

    Galactus
      Software LLP

    Suite
      A

    1106
      SE
      12th
      Ct

    Cape
      Coral, Florida 33990

    Tel:
      (239) 772-4848

    Fax:
      (239) 772-4231

    Attention:
      Michael Rigby, Senior Vice President

    with
      a
      copy to:

    

    Michael
      K. Stewart, Esq.

    Friend,
      Hudak & Harris, LLP

    Three
      Ravinia Drive, Suite 1450

    Atlanta,
      Georgia 30346

    Tel:
      (770) 399-9500

    Fax:
      (770) 395-0000

     

    or
      to
      such other addresses of which the Parties have been advised in writing by any
      of
      the above-described means. 

    

    5.10 Governing
      Law; Jurisdiction and Venue.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Georgia. THE
      STATE
      COURTS IN AND FEDERAL COURTS FOR GWINNETT COUNTY, GEORGIA SHALL HAVE EXCLUSIVE
      JURISDICTION TO HEAR ALL MATTERS RELATING TO THIS AGREEMENT AND EACH PARTY
      SIGNING THIS AGREEMENT IRREVOCABLY CONSENTS TO THE PERSONAL JURISDICTION IN
      AND
      VENUE OF SUCH COURTS FOR ALL MATTERS RELATING TO THIS
      AGREEMENT.

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    

    

    5.11 Counterparts.
      This
      Agreement may be executed in multiple counterparts, each of which shall be
      deemed an original and all of which taken together shall constitute one and
      the
      same Agreement.

    

    IN
      WITNESS WHEREOF,
      the
      parties hereto have caused this Agreement to be executed by their duly
      authorized officers as of the date first above written.

    

    
      	
              FIRSTWAVE
                TECHNOLOGIES, INC.

            	
              GALACTUS
                SOFTWARE LLP

            
	
              (“Firstwave”)

            	
              (“Galactus”)

            
	 	 
	
              By:________________________

            	
              By:_________________________

            
	
              Authorized
                Signature

            	
              Authorized
                Signature

            
	 	 
	
              ________________________

            	
              _________________________

            
	
              Name

            	
              Name

            
	 	 
	
              ________________________

            	
              _________________________

            

    

    Title Title

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

    

    

    

    

      EXHIBIT
        "A"

      

      SOFTWARE

    

    Firstwave
      IDE Product

    

    The
      Firstwave IDE provides a graphical screen builder, workflow designer, and data
      object layer, integrated into a single development environment. This environment
      is capable of interacting with other .Net tools such as Microsoft Visual Studio
      and BizTalk. 

    

    Integrated
      development environment

    
      	
              -

            	
              Drag
                - and - drop capabilities

            

    

    
      	
              -

            	
              Data
                - related interface

            

    

    
      	 	
              o

            	
              Import
                database schema from SQL Server or Oracle
                databases

            

    

    
      	 	
              o

            	
              Create
                data entities and relationships from
                schema

            

    

    
      	 	
              o

            	
              Create/modify
                business entities and relationships from data entities and
                relationships

            

    

    
      	 	
              o

            	
              Attach
                business logic plug-ins to business entities and
                relationships

            

    

    
      	 	
              o

            	
              Create
                standardized queries based on business
                entities

            

    

    
      	
              -

            	
              Screen
                - related interface

            

    

    
      	 	
              o

            	
              Create
                screens based on standard browser
                controls

            

    

    
      	 	
              o

            	
              Access
                business entities and relationships from
                screens

            

    

    
      	 	
              o

            	
              Attach
                browser-based business logic to
                screens

            

    

    
      	
              -

            	
              Workflow
                - related interface

            

    

    
      	 	
              o

            	
              Create
                business process workflows using graphical

            

    

    
      	 	
              o

            	
              Access
                business entities and relationships from
                workflows

            

    

    
      	 	
              o

            	
              Control
                workflows through embedded business
                logic

            

    

    
      	 	
              o

            	
              Attach
                external business logic to
                workflows

            

    

    

    Application
      generation

    
      	
              -

            	
              Object
                data interface

            

    

    
      	 	
              o

            	
              Standard
                database operations - add, create, insert, delete,
                select

            

    

    
      	 	
              o

            	
              Business
                logic associated with entities and operations

            

    

    
      	
              -

            	
              Screen
                interface

            

    

    
      	 	
              o

            	
              Screen
                conversion from graphical format to web
                pages

            

    

    
      	 	
              o

            	
              Business
                logic associated with browser
                operations

            

    

    
      	
              -

            	
              Workflow
                interface

            

    

    
      	 	
              o

            	
              Workflow
                conversion from flowchart to
                application

            

    

    
      	 	
              o

            	
              Business
                logic associated with processes

            

    

    

    Infrastructure

    
      	
              -

            	
              Design-time
                infrastructure to support the integrated development
                environment

            

    

    
      	
              -

            	
              Run-time
                infrastructure to support the application within the web server
                environment

            

    

    

    Third-party
      integration

    
      	
              -

            	
              Applications
                and infrastructure may be invoked from third-party
                applications

            

    

    
      	
              -

            	
              Applications
                may invoke processes associated with third-party
                applications

            

    

    
      	
              -

            	
              Application
                capabilities may be accessed remotely through standard web
                services

            

    

    

    

    
-10-Employee Agreement Addendum

 Exhibit 10.1 
 Two Year Employment Agreement Addendum 
 ScanSource, Inc. (the “Company”) entered into an
Employment Agreement (the “Agreement”) effective July 1, 2004, with Jeffery A. Bryson (the “Employee”). The Company and the Employee seek to amend the Agreement through this Employment Agreement Addendum (the
“Addendum”) as permitted under paragraph 13 subsection (g) of the Agreement. 
 Specifically, the parties seek to amend the
Agreement to replace Exhibit A as attached to the original Agreement and referenced in paragraph 4 in its entirety and substitute the new Exhibit A attached hereto. 
 The new Exhibit A acknowledged and agreed to in this Addendum are the only modifications to the Agreement. This Addendum shall not otherwise effect any rights or obligations of the parties. Except as provided herein
the Agreement shall remain in full force and effect. 
 Acknowledged and Agreed 
 Effective January 1, 2006 
  

									
	 On Behalf Of
  
 ScanSource, Inc.
	 		 	 On Behalf Of
  
 Employee

					
	By:	 	Michael L. Baur	 		 	By:	 	Jeffery A. Bryson
	Its:	 	CEO & President	 		 	Title:	 	Executive VP of Administration

 Exhibit 10.1 
 EXHIBIT A to EMPLOYMENT AGREEMENT 
  

			
	 Executive:
	 	 Jeffery A Bryson

			
		
	 Title:
	 	Executive Vice President, Administration & Investor Relations

			
		
	 Employment period date:
	 	 to June 30, 2006

			
		
	 Base Salary:
	 	 $200,000 annually

 Variable Compensation earned in 2006 shall be based on the following:

 The amount of variable pay is determined based on ScanSource, Inc. consolidated operating income and return on invested capital (ROIC). The
2006 “target” amount under this program is $50,000. The actual amount may be more or less depending on actual operating income and ROIC achieved. Amounts earned will be paid quarterly after the Company’s earnings release. 

 

			
	 Days of Paid Vacation per Fiscal Year:
	 	 Approving Person:

	20	 	CEO

 Executive Notice Address: 
 102 Robin Road 

	Greenville,	SC 29609

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