Document:

Exhibit
10.1

 

ZEGARELLI
GROUP INTERNATIONAL, INC.

(a
california corporation)

  

 

6%
Subordinated convertible Promissory Note

 

  

NEITHER
THIS NOTE NOR THE SECURITIES ISSUABLE UPON THE CONVERSION HEREOF AS PROVIDED HEREIN HAVE BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR UNDER THE LAWS OF ANY STATE OR OTHER JURISDICTION. TRANSFER OF THIS NOTE AND SUCH SECURIITES IS RESTRICTED
PURSUANT TO SUCH LAWS.

 

	$47,199.00	Indio,
                                                       California

        September
        14, 2012

 

	1.		Note. FOR
VALUE RECEIVED, ZEGARELLI GROUP INTERNATIONAL, INC., a California corporation (the
“Company” or the “Borrower”), hereby promises to pay to the order of ALFRED E. BOOTH, JR. (the “Holder”)
the amount of $47,199.00 on demand (“Due Date”) and to pay interest at the rate of six (6 %) per annum on the outstanding
principal. Interest payments shall be made with principal on the due date, to the Holder in lawful money of the United States
at, 80679 Camino Santa Elise, Indio, California 92203, or at such other place as the Holder may specify in writing.

 

	2.		Default. In the
event of an occurrence of any event of default specified below, the principal and all accrued interest on the Note shall become
immediately due and payable without notice, except as specified below. The occurrence of any of the following events shall constitute
an event of default under this Note:

 

	2.1		The Company fails to make any
payment hereunder when due, which failure has not been cured within thirty (30) days following such failure.

 

	2.2		If the Borrower shall file
a petition to take advantage of any insolvency act; make an assignment for the benefit of its creditors; commence a proceeding
for the appointment of a receiver, trustee, liquidator or conservator of itself of a whole or any substantial part of its property;
file a petition or answer seeking reorganization or arrangement or similar relief under the federal bankruptcy laws or any other
applicable law or statute of the United States of America or any state; or

 

	2.3		If a court of competent jurisdiction
shall enter an order, judgment or decree appointing a custodian, receiver, trustee, liquidator or conservator of the Borrower
or of the whole or any substantial part of its properties, or approve a petition filed against the Borrower seeking reorganization
or arrangement or similar relief under the federal bankruptcy laws or any other applicable law or statute of the United States
of America or any state; or if, under the provisions of any other law for the relief or aid of debtors, a court of competent jurisdiction
shall assume custody or control of the Borrower or of the whole or any substantial part of its properties; or if there is commenced
against the Borrower any proceeding for any of the foregoing relief and such proceeding or petition remains undismissed for a
period of thirty (30) days; or if the Borrower by any act indicates its consent to or approval of any such proceeding or petition;
or

 

    	- 1 -

    	 

    

 

	2.4		If (i) any judgment remaining
unpaid, unstayed or undismissed for a period of sixty (60) days is rendered against the Borrower which by itself or together with
all other such judgments rendered against the Borrower remaining unpaid, unstayed or undismissed for a period of sixty (60) days,
is in excess of $100,000, or (ii) there is any attachment or execution against the Borrower’s properties remaining unstayed
or undismissed for a period of sixty (60) days which by itself or together with all other attachments and executions against the
Borrower’s properties remaining unstayed or undismissed for a period of 60 days is for an amount in excess of $100,000.00.

 

	3.		Conversion – Holder

 

	3.1		Conversion
Rights. At any time from the date hereof the Holder will have the right, at its option, to convert the Note into Shares
of Common Stock of the Company (the “Shares”) at the conversion rate then in effect.

 

The
Note can be converted into common stock of the Company at a price equal to the average between the “bid” and “asked”
market price per share of the Company’s common stock over the prior 5 working days as set forth on the OTC:BB or other similar
market exchange, subject to adjustments in certain events. No fractional Share or scrip representing a fractional Share will be
issued upon conversion of the Notes. Cash will be paid in lieu of any fractional Shares equal to the then current market value
of such fractional Share.

 

The
conversion rate will be appropriately adjusted if the Company (a) pays a dividend or makes a distribution on its Shares of Common
Stock which is paid or made in Shares of Common Stock, (b) subdivides or reclassifies its outstanding Shares of Common Stock,
(c) combines its outstanding Shares of Common Stock into a smaller number of Shares of Common Stock, (d) issues Shares of Common
Stock, or issues rights or warrants to all Holders of its Common Stock entitling them to subscribe for or purchase Shares of Common
Stock (or securities convertible into Common Stock), at a price per Share less than $0.01 per Share, or (e) distributes to all
Holders of its Common Stock evidences of its indebtedness or assets (excluding any dividend paid in cash out of legally available
funds) subject to the limitation that adjustments by reason of any of the foregoing need not be made until they result in a cumulative
change in the conversion rate of at least five percent (5%). The conversion rate will not be adjusted upon the conversion of presently
outstanding stock options or warrants.

 

In
case of any consolidation or merger to which the Company is a party other than a merger or consolidation in which the Company
is the surviving corporation, or in case of any sale or conveyance to another corporation of the property of the Company as an
entirety or substantially as an entirety, or in case of any statutory exchange of securities with another corporation, there will
be no adjustment of the conversion price, but each Holder of the Notes then outstanding will have the right thereafter to convert
such Notes into the kind and amount of securities, cash or other property which he would have owned or have been entitled to receive
immediately after such consolidation, merger, statutory exchange, sale or conveyance had such Notes been converted immediately
prior to the effective date of such consolidation, merger, statutory exchange, sale or conveyance. In the case of a cash merger
of the Company into another corporation or any other cash transaction of the type mentioned above, the effect of these provisions
would be that the conversion features of the Notes would thereafter be limited to converting the Notes at the conversion price
in effect at such time into the same amount of cash per Share that such Holder would have received had such Holder converted the
Notes into Common Stock immediately prior to the effective date of such cash merger or transaction.

 

	3.2		Mechanics
of Conversion.

 

The
Note may be converted upon a notice from the Company to the Note holder and surrender of the Notes at any time from the date hereof,
at the offices of the Company, 80679 Camino Santa Elise, Indio, California 92203, with the form of “Notice of Conversion”
duly completed and executed as indicated. Shares of Common Stock issued upon conversion will be fully paid and non-assessable.

 

    	- 2 -

    	 

    

 

	4.		Prepayment. Borrower
may prepay any or all amounts due under this Note at any time from the date of this Note at one hundred percent (100%) of the
principal amount of the Note together with accrued interest; provided, however, that Borrower, as a condition to prepayment of
some or all of the balance hereof, shall deliver written notice of its intention to prepay at least thirty (30) calendar days
prior to the date of such prepayment (“Prepayment Date”).

 

	5.		Subordination. Indebtedness
evidenced by the Note will be subordinated in right of payment to the prior payment in full of all existing and future Senior
Indebtedness of the Company. Senior Indebtedness is defined as the principal of (and premium, if any) and unpaid interest or accrued
original issue discount on and other amounts due on or in connection with any Debt (as defined below) incurred, assumed or guaranteed
by the Company, whether outstanding on the date of the issuance of the Note or thereafter incurred, assumed or guaranteed and
all renewals, extensions and refunding of any such Debt; provided, however, that the following will not constitute Senior Indebtedness:

 

		(i)	any
                                                                                                                             Debt
                                                                                                                             as
                                                                                                                             to
                                                                                                                             which,
                                                                                                                             in
                                                                                                                             the
                                                                                                                             instrument
                                                                                                                             creating
                                                                                                                             or
                                                                                                                             evidencing
                                                                                                                             the
                                                                                                                             same
                                                                                                                             or
                                                                                                                             pursuant
                                                                                                                             to
                                                                                                                             which
                                                                                                                             the
                                                                                                                             same
                                                                                                                             is
                                                                                                                             outstanding,
                                                                                                                             it
                                                                                                                             is
                                                                                                                             expressly
                                                                                                                             provided
                                                                                                                             that
                                                                                                                             such
                                                                                                                             Debt
                                                                                                                             is
                                                                                                                             subordinate
                                                                                                                             in
                                                                                                                             right
                                                                                                                             of
                                                                                                                             payment
                                                                                                                             to
                                                                                                                             all
                                                                                                                             other
                                                                                                                             debt
                                                                                                                             of
                                                                                                                             the
                                                                                                                             Company
                                                                                                                             not
                                                                                                                             expressly
                                                                                                                             subordinated
                                                                                                                             to
                                                                                                                             such
                                                                                                                             Debt;

 

		(ii)	any
                                                                                                                              Debt
                                                                                                                              which
                                                                                                                              by
                                                                                                                              its
                                                                                                                              terms
                                                                                                                              refers
                                                                                                                              explicitly
                                                                                                                              to
                                                                                                                              the
                                                                                                                              Note
                                                                                                                              and
                                                                                                                              states
                                                                                                                              that
                                                                                                                              such
                                                                                                                              Debt
                                                                                                                              shall
                                                                                                                              not
                                                                                                                              be
                                                                                                                              senior
                                                                                                                              in
                                                                                                                              right
                                                                                                                              of
                                                                                                                              payment
                                                                                                                              thereto;

 

		(iii)	any
                                                                                                                               Debt
                                                                                                                               of
                                                                                                                               the
                                                                                                                               Company
                                                                                                                               in
                                                                                                                               respect
                                                                                                                               of
                                                                                                                               the
                                                                                                                               Note;

 

		(iv)	any
                                                                                                                              Debt
                                                                                                                              of
                                                                                                                              the
                                                                                                                              Company
                                                                                                                              to
                                                                                                                              any
                                                                                                                              Subsidiary
                                                                                                                              of
                                                                                                                              the
                                                                                                                              Company;
                                                                                                                              and

 

		(v)	any
                                                                                                                             Debt
                                                                                                                             of
                                                                                                                             the
                                                                                                                             Company
                                                                                                                             to
                                                                                                                             any
                                                                                                                             joint
                                                                                                                             venture
                                                                                                                             or
                                                                                                                             partnership,
                                                                                                                             which
                                                                                                                             joint
                                                                                                                             venture
                                                                                                                             or
                                                                                                                             partnership
                                                                                                                             is
                                                                                                                             required,
                                                                                                                             under
                                                                                                                             generally
                                                                                                                             accepted
                                                                                                                             accounting
                                                                                                                             principles,
                                                                                                                             to
                                                                                                                             be
                                                                                                                             consolidated
                                                                                                                             in
                                                                                                                             the
                                                                                                                             Company’s
                                                                                                                             consolidated
                                                                                                                             financial
                                                                                                                             statements.

 

Debt
is defined to mean, with respect to any person at any date, without duplication:

 

		(i)	all
                                                                                                                             obligations
                                                                                                                             of
                                                                                                                             such
                                                                                                                             person
                                                                                                                             for
                                                                                                                             borrowed
                                                                                                                             money,

 

		(ii)	all
                                                                                                                              obligations
                                                                                                                              of
                                                                                                                              such
                                                                                                                              person
                                                                                                                              evidenced
                                                                                                                              by
                                                                                                                              bonds,
                                                                                                                              debentures,
                                                                                                                              note
                                                                                                                              or
                                                                                                                              other
                                                                                                                              similar
                                                                                                                              instruments,

 

		(iii)	all
                                                                                                                               Debt
                                                                                                                               of
                                                                                                                               others
                                                                                                                               secured
                                                                                                                               by
                                                                                                                               a
                                                                                                                               lien
                                                                                                                               on
                                                                                                                               any
                                                                                                                               asset
                                                                                                                               of
                                                                                                                               such
                                                                                                                               person,
                                                                                                                               whether
                                                                                                                               or
                                                                                                                               not
                                                                                                                               such
                                                                                                                               Debt
                                                                                                                               is
                                                                                                                               assumed
                                                                                                                               by
                                                                                                                               such
                                                                                                                               person,

 

		(iv)	all
                                                                                                                              Debt
                                                                                                                              of
                                                                                                                              others
                                                                                                                              for
                                                                                                                              the
                                                                                                                              payment,
                                                                                                                              of
                                                                                                                              which
                                                                                                                              such
                                                                                                                              person
                                                                                                                              is
                                                                                                                              responsible
                                                                                                                              or
                                                                                                                              liable
                                                                                                                              as
                                                                                                                              obligor
                                                                                                                              or
                                                                                                                              guarantor,

 

		(v)	all
                                                                                                                             obligations
                                                                                                                             of
                                                                                                                             such
                                                                                                                             person
                                                                                                                             in
                                                                                                                             respect
                                                                                                                             of
                                                                                                                             letters
                                                                                                                             of
                                                                                                                             credit
                                                                                                                             or
                                                                                                                             other
                                                                                                                             similar
                                                                                                                             instruments
                                                                                                                             (or
                                                                                                                             reimbursement
                                                                                                                             obligations
                                                                                                                             with
                                                                                                                             respect
                                                                                                                             thereto),

 

		(vi)	all
                                                                                                                              obligations
                                                                                                                              of
                                                                                                                              such
                                                                                                                              person
                                                                                                                              to
                                                                                                                              pay
                                                                                                                              the
                                                                                                                              deferred
                                                                                                                              purchase
                                                                                                                              price
                                                                                                                              of
                                                                                                                              property
                                                                                                                              or
                                                                                                                              services,
                                                                                                                              except
                                                                                                                              Trade
                                                                                                                              Payables,
                                                                                                                              and

 

    	- 3 -

    	 

    

 

		(vii)	all
                                                                                                                               reimbursement,
                                                                                                                               reserve
                                                                                                                               funding
                                                                                                                               and
                                                                                                                               other
                                                                                                                               obligations
                                                                                                                               of
                                                                                                                               such
                                                                                                                               person
                                                                                                                               in
                                                                                                                               respect
                                                                                                                               of
                                                                                                                               surety
                                                                                                                               bonds
                                                                                                                               executed
                                                                                                                               by
                                                                                                                               such
                                                                                                                               person
                                                                                                                               or
                                                                                                                               at
                                                                                                                               the
                                                                                                                               request
                                                                                                                               of
                                                                                                                               and
                                                                                                                               for
                                                                                                                               the
                                                                                                                               benefit
                                                                                                                               of
                                                                                                                               such
                                                                                                                               person.

 

By
reason of such subordination, in the event of dissolution, insolvency, bankruptcy or other similar proceedings, upon any distribution
of assets, (i) holders of Senior Indebtedness will be entitled to be paid in full before payments may be made on the Note, and
the Holder of the Note will be required to pay over their share of such distribution to the holder of Senior Indebtedness until
such Senior Indebtedness is paid in full and (ii) creditors of the Company who are neither holders of Notes nor holders of Senior
Indebtedness may recover less, ratably, than holders of Senior Indebtedness and may recover more, ratably, than the Holder of
the Note.

 

	6.		Securities Law Compliance.
The Holder understands that the right of conversion of this Note is subject to full compliance with the provisions of
all applicable securities laws and the availability thereunder upon any conversion of any exemption from registration thereunder
for such conversion, and that the certificate or certificates evidencing such Note will bear a legend to the following effect:

 

“THE
SECURITIES EVIDENCED HEREBY MAY NOT BE TRANSFERRED WITHOUT (i) THE OPINION OF COUNSEL SATISFACTORY TO THIS CORPORATION THAT SUCH
TRANSFER MAY LAWFULLY BE MADE WITHOUT REGISTRATION UNDER THE FEDERAL SECURITIES ACT OF 1933, AS AMENDED, OR (ii) SUCH REGISTRATION.”

 

	7.		Notices. Any notice
herein required or permitted to be given shall be in writing and may be personally served, sent by United States Mail, certified,
or by overnight delivery service. For the purposes hereof, the address of the Holder and the address of the Company shall be as
reflected in the Subscription Agreement between the Holder and the Company of even date herewith. Both the Holder and the Company
may change the address for service by written notice to the other as herein provided.

 

	8.		No Waiver Rights and Remedies
Cumulative. No failure on the part of the Holder to exercise, and no delay in exercising any right hereunder shall operate
as a waiver thereof; nor shall any single or partial exercise by the Holder of any right hereunder preclude any other or further
exercise thereof or the exercise of any other right. The rights and remedies herein provided are cumulative and not exclusive
of any remedies or rights provided by law or by any other agreement between the Borrower and the Holder.

 

	9.		Amendments. No
amendment, modification or waiver of any provision of this Note nor consent to any departure by the Holder therefrom shall be
effective unless the same shall be in writing and signed by the Holder and then such waiver or consent shall be effective only
in the specific instance and for the specific purpose for which given.

 

	10.		Successors and Assigns.
This Note shall be binding upon the Borrower and its successors and assigns and the terms hereof shall inure to the benefit
of the Holder and its successors and assigns, including subsequent holders hereof.

 

	11.		Severability. The
provisions of this Note are severable, and if any provision shall be held invalid or unenforceable in whole or in part in any
jurisdiction, then such invalidity or unenforceability shall not in any manner affect such provision in any other jurisdiction
or any other provision of this Note in any jurisdiction.

 

	12.		Waiver of Notice. The
Borrower hereby waives presentment, demand for payment, notice of protest and all other demands in connection with the delivery,
acceptance, performance, default or enforcement of this Note.

 

    	- 4 -

    	 

    

 

	13.		Governing Law. This
Note has been executed in and shall be governed by the laws of the State of California.

 

	14.		Note Holder is Not a Shareholder.
No Holder of this Note, solely by virtue of the ownership of this Note, shall be considered a shareholder of the Company
for any purpose, nor shall anything in this Note be construed to confer on any Holder of this Note any rights of a shareholder
of the Company including, without limitation, any right to vote, give or withhold consent to any corporate action, receive notice
of meetings of shareholders or receive dividends.

 

	15.		Exchange and Replacement
of Note. Upon surrender of this Note to the Borrower, the Borrower shall execute and deliver, at its expense, one or more
new Notes of such denominations and in such names, as requested by the holder of the surrendered Note. Upon receipt of evidence
satisfactory to the Company of the loss, theft, mutilation, or destruction of any Note, the Borrower will make and deliver a new
Note of like tenor at the request of the holder of such Note.

 

IN
WITNESS WHEREOF, the Company has caused this Note to be signed by its authorized officers as of the 14th day of September, 2012.

  

	 	ZEGARELLI
    GROUP INTERNATIONAL, INC.
	 	 
	 	By:	/s/
    Judith Zegarelli
	 	 	Judith
    Zegarelli, Secretary

  

    	- 5 -CDI-2012.9.30-EX. 10.1

Exhibit 10.1

2012 EXECUTIVE INCENTIVE PROGRAM OVERVIEW

You have been selected to participate in the 2012 Executive Incentive Program (“Incentive Program”) based on your level of responsibility at CDI.

The purpose of the Incentive Program is to recognize and reward key executives of CDI who contribute to the overall financial performance of their area, business unit, and the Corporation overall.  By rewarding the successful achievement of selected operating goals, CDI provides the opportunity to enrich your annual cash compensation while driving the behaviors needed to enhance Company performance.

	
					
	

Performance Year
	• The performance year for the Incentive Program starts on 
January 1, 2012 and ends December 31, 2012.

	 
	 

	Incentive Metrics and Weightings
	• Your incentive award under the 2012 Executive Incentive Program is funded based on the following performance metrics:

	Performance Metrics for Corporate Executives:
•   40% CDI Operating Profit 
•    25% Revenue
•   15% Return on Net Assets (RONA)
•   20% Strategic Goals

For Corporate Executives the funded amount will be allocated 85% based on the performance metrics and 15% based on performance relative to individual objectives.

1

	
					
	

Incentive Metrics and Weightings (cont'd)
	

The following achievement and payout percentages apply to Operating Profit and RONA performance objectives.

	

	 
	 

	Percent Metric Achievement
	Incentive Payout Percentage

	< 70%
	0%

	70%
	35.00%

	75%
	48.75%

	80%
	62.50%

	85%
	76.25%

	90%
	90.00%

	95%
	95.00%

	100%
	100.00%

	105%
	105.00%

	110%
	110.00%

	115%
	132.50%

	120%
	155.00%

	125%
	177.50%

	 
	130%
	200.00%

	>130%
	200.00%

	 
	 
	 
	 

	The following achievement and payout percentages apply to Revenue performance    metrics:

	 
	 
	 
	 

	Percent Metric Achievement
	Incentive Payout Percentage

	<92.8%
	0%

	92.8%
	35.00%

	95.2%
	56.67%

	97.6%
	78.34%

	100.0%
	100.00%

	102.5%
	116.67%

	105.0%
	133.33%

	107.5%
	150.00%

	110.0%
	166.67%

	112.5%
	183.33%

	115.0%
	200.00%

	 
	>115.0%
	200.00%

	 
	 
	 

	 
	

• Intermediate achievement will be interpolated on above payout scales.

2

	
					
	

Incentive Metrics and Weightings (cont'd)
	•   Operating Profit equals Revenue less Cost of Services less Operating Expenses

•  If operating profit achievement is less than 60% of operating profit target, total maximum payout for participants is 25% of bonus target.

	
					
	

When Will I Receive My Award?
	RONA

• Return on Net Assets (RONA) will be the trailing twelve months earnings before taxes divided by net assets.  Net assets include total assets minus total liabilities (excluding cash and cash equivalents and income tax accounts).  The target is an average of the quarterly RONA calculations.

• In the event a major client demands a change of payment terms, the Compensation Committee will review and determine whether to exclude the effects of such event from RONA.

• None of the following financial goals (Operating Profit, Revenue, or RONA) account for the impact of acquisitions, dispositions, restructuring, impairments and other extraordinary events that occur during the year that are outside normal operations.  The Compensation Committee will review each of these events and determine whether to adjust any of the three financial targets or exclude the effects of such event(s) from the calculation(s).

Strategic Goals

•  Incentive awards for the achievement of strategic goals will be based on an assessment by the Compensation Committee on a straight-line basis, e.g., for 80% achievement, the executive will receive an 80% payout.

•   2012 incentive awards, if any, are scheduled for payout in 2013, after the completion of CDI's audited financial year-end statements.

•   All incentive payments at year-end are subject to review, approval, and discretionary adjustment by the Compensation Committee of CDI’s Board of Directors.  The Compensation Committee and CDI's Board of Directors reserve the right to amend the terms of this plan or make other adjustments as they deem necessary in their sole discretion.

3

	
					
	

What If I Become Eligible After the Start of the Plan Year?
	

• If you become eligible after the start of the Plan year, you are still eligible to participate in the Incentive Program. However, your award will be prorated for the length of time in which you participated in the Program unless specified otherwise
by your prior special written agreement.
• Proration of your incentive award depends on when you became eligible to participate.  See the following chart to determine the proration formula that corresponds to the date your eligibility started.

	 
	 
	 
	 

	 
	On or before 01/31/12
	 
	12/12 months (no proration)

	 
	02/01/12 – 02/28/12
	à
	11/12 months

	 
	03/01/12 – 03/31/12
	à
	10/12 months

	 
	04/01/12 – 04/30/12
	à
	9/12 months

	 
	05/01/12 – 05/31/12
	à
	8/12 months

	 
	06/01/12 – 06/30/12
	à
	7/12 months

	 
	07/01/12 – 07/31/12
	à
	6/12 months

	 
	08/01/12 – 08/31/12
	à
	5/12 months

	 
	09/01/12 – 09/30/12
	à
	4/12 months

	 
	10/01/12 – 12/31/12
	à
	Discretionary *

	

Will My 
Target
Incentive or Performance Measures
Ever Change?

	

* Management has the discretion to allocate a prorated target incentive based on months with CDI (up to three months) for newly hired employees. Performance measures must be established and submitted to Corporate Compensation at the beginning of the employee’s tenure in order for the participant to be incentive eligible.

•  Example 1:  A newly hired employee who starts in July will be eligible to receive 6/12 (or half) of the yearly incentive. 

•  Example 2:  An employee newly promoted into an executive incentive eligible position in September will be eligible to receive 4 months of the yearly target incentive opportunity.

•   The target incentive award and performance measures established for you at the beginning of the Plan Year will remain the same unless there is a significant change in responsibility, such as a promotion to a different position.  However, any salary or incentive change that occurs in the fourth quarter may not be reflected in your incentive opportunity until the following year.

•   Changes in performance measures and incentive targets are prorated to the month the change is effective for incentive calculation purposes.  This is also true of target incentive opportunity changes as well, with the exception of any change that occurs in the fourth quarter.  Fourth quarter changes may not be reflected until the following year. 

4

	
					
	

Will My 
Target
Incentive or Performance Measures
Ever Change?
(continued)

	

•   You will receive notice of a change in target award or performance measures after your Human Resources Executive notifies Corporate Compensation. This process ensures accurate financial accrual, administration, and conformity to Corporate Compensation guidelines.

	

What Happens to My Incentive If I Leave CDI?

	

Subject to the termination provisions below (or set forth in your employment agreement, if applicable), you must be employed by CDI on the day of incentive payouts to be considered for an incentive award.

•   If you resign or are terminated by the Company for cause, at anytime, on or before the day of the bonus payouts, you will not be eligible to receive a bonus award.

• If your employment with the Company terminates (other than for resignation or for cause), before incentive payments are paid to other employees, you may be eligible for consideration of an award, but such an award and the amount, if any, is in no way guaranteed.  If, in the sole discretion of the Company any award is considered, the award amount (if any) must be recommended by the CEO and must be approved by the Compensation Committee.  If such an award is approved, it will be at the Company’s sole discretion and paid around the time all other bonus awards are paid.

•   If your employment with the Company terminates due to retirement, you may be eligible for consideration of an award, but such award and the amount, if any, is in no way guaranteed.  If, in the sole discretion of the Company any award is considered, the award amount (if any) must be recommended by the CEO and must be approved by the Compensation Committee.  If such an award is approved, it will be at the Company’s sole discretion and paid around the time all other bonus awards are paid.

•  If your employment with the Company terminates due to long term disability or death, a prorated award will be paid according to year-end financial statements, based on months of employment in that year. 

5

	
					
	

Administration
	

•   While you are a participant of the Incentive Program, you are not eligible to participate in any other short-term incentive program at CDI.

•   Participants in the Executive Incentive Program are subject to the terms and conditions of CDI's Compliance Program and the Policy on Cash Bonus Awards and Equity Awards "Clawback" for CDI Corp. and CDI Corp’s. Related Companies; non-compliance may result in a reduction to the incentive in addition to disciplinary consequences. 

6

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