Document:

EMPLOYMENT
      AGREEMENT

    

    AGREEMENT,
      made and entered into in Danbury, CT, by and between Tasker Capital Corp. (the
      “Company”), a Nevada corporation with its principal place of business at 39 Old
      Ridgebury Road, Suite 14, Danbury, CT, and Richard D. Falcone (the “Executive”),
      effective as of the 2nd
      day of
      February, 2006. 

    

    WHEREAS,
      the operations of the Company are a complex matter requiring direction and
      leadership in a variety of arenas, including financial, strategic planning,
      regulatory, community relations and others;

    

    WHEREAS,
      the Executive is possessed of certain experience and expertise that qualify
      him
      to provide the direction and leadership required by the Company; and

    

    WHEREAS,
      subject to the terms and conditions set forth in this Agreement, the Company
      therefore wishes to employ the Executive as its President
      and Chief Executive Officer and the Executive wishes to accept such
      employment;

    

    NOW,
      THEREFORE, in consideration of the mutual covenants and promises hereinafter
      set
      forth and for other good and valuable consideration, the receipt and sufficiency
      of which are hereby acknowledged, the Company and the Executive hereby agree
      as
      follows:

    

    1. Employment.
      Subject
      to the terms and conditions set forth in this Agreement, the Company hereby
      offers and the Executive hereby accepts employment. 

    

    2. Term.
      Subject
      to earlier termination as hereafter provided, this Agreement shall have an
      original term of three (3) years commencing on the effective date hereof and
      shall be automatically renewed for additional three (3) year terms unless either
      party provides notice to the other at least thirty (30) days prior to the
      expiration of the original or any renewal term that the Agreement is not to
      be
      renewed. The term of this Agreement, as from time to time extended or renewed,
      is hereafter referred to as “the term of this Agreement” or “the term hereof.”

    

    3. Title
      and Duties.
      Executive agrees during the term of this Agreement to devote substantially
      all
      of his working time, attention, skill and efforts during normal working hours
      to
      the performance of his duties, faithfully and to the best of his abilities
      and
      in accordance with the supervision and direction of the Board of Directors
      of
      the Company (the “Board”). The Executive shall serve as President and Chief
      Executive Officer and
      shall
      have such other duties as the Board, in its discretion, may assign to the
      Executive from time to time. Provided, however, that the Executive may devote
      reasonable amounts of time required for purposes of:

    

    (a) serving
      as a director or member of a committee of an organization or corporation,
      provided such activities do not involve a conflict of interest with the
      Executive’s duties and responsibilities at the Company and do not interfere with
      the regular and diligent performance of those duties and
      responsibilities.

    

    (b) managing
      his personal investments or engaging in any other noncompeting business
      activities, provided that such activites do not involve a conflict of interest
      with the Executive’s duties and responsibilites at the Company and do not
      interfere with the regular and diligent performance of those duties and
      responsibilities.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    4. Compensation
      and Benefits.
      As
      compensation for all services performed by the Executive under and during the
      term hereof and subject to performance of the Executive’s duties and of the
      obligations of the Executive to the Company, pursuant to this Agreement or
      otherwise:

      

    (a)Base
      Salary.
      During
      the term hereof, the Company shall pay the Executive
      a salary at the rate of Two Hundred Seventy-Five Thousand Dollars ($275,000)
      per
      annum (“Base Salary”), payable in accordance with the payroll practices of the
      Company for its executives. Executive’s Base Salary may be subject to increase
      by the Board in its sole discretion. 

    

    (b) Bonus
      Compensation.
      Executive shall be eligible to be considered for a bonus annually during the
      term hereof. The amount of such bonus, if any, shall be determined by the Board
      in its sole discretion. 

    

    (c) Vacations.
      During
      the term hereof, the Executive shall be entitled to twenty-five
      (25) days of vacation per year, to be taken at such times and intervals as
      shall
      be determined by the Executive, subject to the reasonable business needs of
      the
      Company. Vacation shall otherwise be governed by the policies of the Company,
      as
      in effect from time to time. 

    

    (d) Other Benefits.
      During
      the term hereof and subject to any contribution generally required of Executives
      of the Company, the Executive shall be entitled to participate in any and all
      employee benefit plans from time to time in effect for Executives of the Company
      generally, except to the extent such plans are in a category of benefit
      otherwise provided to the Executive (e.g.,
      severance pay). Such participation shall be subject to the terms of the
      applicable plan documents and generally applicable Company policies. The Company
      may alter, modify, add to or delete its employee benefit plans at any time
      as
      it, in its sole judgment, determines to be appropriate, without recourse by
      the
      Executive. The Company also agrees to provide the Executive with short term
      and
      long term disability benefits. In the event that the Company terminates its
      group health insurance plan, the Company agrees to reimburse the Executive
      for
      the costs of obtaining comparable health insurance coverage during the term
      of
      this Agreement. The Company agrees to reimburse the Executive for the cost
      of
      his continued group health insurance coverage (under a prior employer’s plan)
      until he receives family coverage under the Company’s group health insurance
      plan. 

    

    (e)
       Business
      Expenses.
      The
      Company shall pay or reimburse the Executive for all reasonable business
      expenses incurred or paid by the Executive in the performance of his duties
      and
      responsibilities hereunder, subject to such reasonable substantiation and
      documentation as may be specified by the Company from time to time.

    

    (f) Company
      Automobile.
      The
      Company will provide the Executive with a Company automobile during the term
      hereof, and will reimburse the Executive for all reasonable automobile expenses.
      

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    

    (g)
      Stock
      Options.

    

    (i)
       The
      Executive shall be granted an option to purchase, at a price of One Dollar
      ($1.00) per share, 2.2 Million shares of common stock, $0.001 par value per
      share, of the Company (the “Option”). Five Hundred Fifty Thousand (550,000)
      shares shall vest on the date of grant. The remaining One Million Six Hundred
      Hundred and Fifty Thousand (1,650,000) shares shall vest in equal monthly
      installments over the two-year period from the date of grant. Such vesting
      shall
      cease if the Executive’s employment under this Agreement is terminated, unless
      termination is by the Company other than for Cause, by the Executive for Good
      Reason, or caused by the Executive’s death. 

    

    (ii)
       In
      the
      event the Company undergoes a Change in Control, as defined below, one hundred
      percent (100%) of the then unvested portion of the Option shall become vested
      and exercisable upon the occurance of such Change in Control. A Change in
      Control means the occurence of any of the following events: (a) the Company
      is a
      party to, or the stockholders approve, a merger, consolidation or reorganization
      with another corporation (other than a merger, consolidation or reorganization
      that (i) would result in the voting power immediately before to continue to
      represent either by remaining outstanding or by being converted into securities
      of the surviving entity, more than 50% of the voting power thereafter, or (ii)
      in which no person or group would acquire more than 20% of the voting power);
      (b) a sale of all, or substantially all, of the assets of the Company; (c)
      any
      individual, partnership, firm, corporation, association, trust, unincorporated
      organization or other entity, or any syndicate or group deemed to be a person
      under Section 14(d)(2) of the Exchange Act, is or becomes the “beneficial owner”
(as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of
      shares of common stock of the Company representing 35% or more of the voting
      power of the Company’s then outstanding securities entitled to vote in the
      election of directors of the Company; or (d) the Company is disolved or
      liquidated; provided
      however,
      that a
      change in control under clause (a), (b), (c), or (d) shall not be deemed to
      be a
      Change in Control as a result of an acquisition of securities of the Company
      by
      an employee benefit plan maintained by the Company for its employees.

     

    5. Termination
      of Employment.
      Notwithstanding the provisions of Section 2 hereof, the Executive’s employment
      hereunder shall terminate prior to the expiration of the term under the
      following circumstances:

    

    (a) Death.
      In the
      event of the Executive’s death during the term hereof, the Executive’s
      employment hereunder shall immediately and automatically terminate. In such
      event, the Company shall pay to the Executive’s designated beneficiary or, if no
      beneficiary has been designated by the Executive, to his estate, (i) the Base
      Salary earned but not paid through the date of temination, (ii) pay for any
      vacation time earned but not used through the date of termination, (iii) any
      business expenses incurred by the Executive but unreimbursed on the date of
      termination, provided that such expenses and required substantiation and
      documentation are submitted within sixty (60) days of termination and that
      such
      expenses are reimbursable under Company policy; (iv) continued payment of Base
      Salary for the period of time that the Executive would have been entitled to
      receive such payments under Section 5(d) below if his employment had been
      terminated by the Company other than for Cause on the date of his death; and
      (v)
      any bonus owed to the Executive. The Company shall have no further obligation
      to
      the Executive hereunder. 

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    

    (b) Disability.

    

    (i) The
      Company may terminate the Executive’s employment hereunder,
      upon notice to the Executive, in the event that the Executive becomes disabled
      during his employment hereunder through any illness, injury, accident or
      condition of either a physical or psychological nature and, as a result, is
      unable to perform substantially all of his duties and responsibilities
      hereunder, for one hundred twenty (120) consectuive days during any calendar
      year. In the event of such termination, the Company shall pay to the Executive
      (i) the Base Salary earned but not paid through the date of temination, (ii)
      pay
      for any vacation time earned but not used through the date of termination,
      (iii)
      any business expenses incurred by the Executive but unreimbursed on the date
      of
      termination, provided that such expenses and required substantiation and
      documentation are submitted within sixty (60) days of termination and that
      such
      expenses are reimbursable under Company policy.

    

    

    (c) By
      the
      Company for Cause.
      The
      Company may terminate the Executive’s employment hereunder for Cause at any time
      upon notice to the Executive setting forth in reasonable detail the nature
      of
      such Cause. The following, as determined by the Board in its reasonable
      judgment, shall constitute Cause for termination:

    

    (i)
      The
      Executive’s conviction of a felony or conviction of any other crime involving
      dishonesty or moral turpitude (which specifically excludes all traffic
      violations);

    

    (ii)
      The
      Executive’s theft, embezzlement, misappropriation of or intentional and
      malicious infliction of damage to the Company’s business or
      property;

    

    (iii)
      The
      Executive’s gross dereliction of duties or gross negligence; and

    

    (iv)
      The
      Executive’s breach of any material term of this Agreement not cured by the
      Executive within twenty (20) days following notice from the Company specifying
      in detail the nature of such breach.

    

    Upon
      the
      giving of notice of termination of the Executive’s employment hereunder for
      Cause, the Company shall have no further obligation to the Executive, other
      than
      payment to the Executive of (i) the Base Salary earned but not paid through
      the
      date of temination, (ii) pay for any vacation time earned but not used through
      the date of termination, (iii) any business expenses incurred by the Executive
      but unreimbursed on the date of termination, provided that such expenses and
      required substantiation and documentation are submitted within sixty (60) days
      of termination and that such expenses are reimbursable under Company
      policy.

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

     

    (d)
      By
      the
      Company Other than for Cause.
      The
      Company may terminate the Executive’s
      employment hereunder other than for Cause at any time upon notice to the
      Executive. In the event of such termination, and provided that no benefits
      are
      payable to the Executive under a separate severance agreement or an executive
      severance plan as a result of such termination, then for a period of twenty-four
      (24) months less one month for each month after the effective date hereof (but
      in no case for less than twelve (12) months), the Company shall continue to
      pay
      the Executive Base Salary at the rate in effect on the date of termination,
      and
      any bonus to which he would have been entitled during such period. Any
      obligation of the Company to the Executive hereunder is conditioned, however,
      upon the Executive’s signing a mutually acceptable release of claims. Base
      Salary to which the Executive is entitled hereunder shall be payable in
      accordance with the normal payroll practices of the Company. 

    

    (e)
       By
      the
      Executive for Good Reason.
      The
      Executive may terminate his employment hereunder for Good Reason, upon notice
      to
      the Company setting forth in reasonable detail the nature of such Good Reason.
      The following shall constitute Good Reason for termination by the
      Executive:

    

    (i)
       Failure
      of the Company to continue the Executive in the position of President and Chief
      Executive Officer;

    

    (ii) Material
      diminution in the nature or scope of the Executive’s responsibilities, duties or
      authority, a Change of Control, or a request by the Company, wheather written,
      verbal or implied, to engage in unlawful behavior, including but not limited
      to
      violating SEC or NASDAQ rules or regulations; or

    

    (iii) Material
      failure of the Company to provide the Executive the compensation and benefits
      in
      accordance with the terms of Section 4, excluding an inadvertant failure which
      is cured within ten (10) business days following notice from the Executive
      specifying in detail the nature of such failure. 

    

    In
      the
      event of termination in accordance with this Section 5(e), and provided that
      no
      benefits are payable to the Executive under a separate severance agreement
      or an
      executive severance plan as a result of such termination, then the Executive
      will be entitled to the same pay he would have been entitled to receive had
      the
      Executive been terminated by the Company other than for Cause in accordance
      with
      Section 5(d) above; provided that the Executive satisfies all conditions to
      such
      entitlement, including without limitation the signing of an mutually agreeable
      release. 

    

    (f) By
      the
      Executive Other than for Good Reason.
      The
      Executive may terminate his employment hereunder at any time upon thirty (30)
      days’ notice to the Company. In the event of termination of the Executive
      pursuant to this section 5(f), the Company shall have no further obligation
      to
      the Executive, other than (i) the Base Salary earned but not paid through the
      date of temination, (ii) pay for any vacation time earned but not used through
      the date of termination, (iii) any business expenses incurred by the Executive
      but unreimbursed on the date of termination, provided that such expenses and
      required substantiation and documentation are submitted within sixty (60) days
      of termination and that such expenses are reimbursable under Company policy.
      The
      Company may elect to waive the period of notice, or any portion thereof.

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

     

    (g)
      Non-Renewal
      of Agreement.
      In the
      event this Agreement is not automatically
      renewed or extended beyond the initial term hereof pursuant to paragraph 2,
      and
      provided that no benefits are payable to the Executive under a separate
      severance agreement or an executive severance plan as a result of such
      termination, then the Executive will be entitled to the same pay he would have
      been entitled to receive had the Executive been terminated by the Company other
      than for Cause in accordance with Section 5(d) above; provided that the
      Executive satisfies all conditions to such entitlement, including without
      limitation the signing of an mutually agreeable release. 

    

    6. Effect
      of Termination.
      The
      provisions of this Section 6 shall apply to termination due to the expiration
      of
      the term hereof, pursuant to Section 5 or otherwise. 

    

    (a) Payment
      by the Company of any Base Salary, any Base Salary continuation and any bonus
      that may be due the Executive in each case under the applicable termination
      provision of Section 5 shall constitute the entire obligation of the Company
      to
      the Executive. The Executive shall promptly give the Company notice of all
      facts
      necessary for the Company to determine the amount and duration of its
      obligations in connection with any termination pursuant to Section 5(d) or
      5(e)
      hereof. 

    

    (b)
       Provisions
      of this Agreement shall survive any termination if so provided herein or if
      necessary or desirable to accomplish the purposes of other surviving provisions,
      including without limitation the obligations of the Executive under Sections
      7,
      8 and 9 hereof. The obligation of the Company to make payments to or on behalf
      of the Executive under Section 5(d) or 5(e) hereof is expressly conditioned
      upon
      the Executive’s continued full performance of obligations under Sections 7, 8
      and 9 hereof. The Executive recognizes that, except as expressly provided in
      Section 5(d) or 5(e), no compensation is earned after termination of employment.
      

    

    7. Restrictive
      Covenants.
      During
      the term of this Agreement and for a period of twelve (12) months from the
      date
      on which the Executive's employment with the Company terminates, the Executive
      covenants and agrees that he shall not do any of the following:

      

    (a) 
      recruit,
      solicit or induce any employee, consultant, agent, director or officer of the
      Company to terminate his/her employment with, or otherwise cease any
      relationship with, the Company;
      or

    

    (b)  
      divert,
      or take away any clients, customers or accounts, or prospective clients,
      customers or accounts, of the Company, or any of the Company’s business with
      such clients, customers or accounts which were contacted, solicited or served
      by
      Executive, or were directly or indirectly under Executive’s responsibility,
      while Executive was employed by the Company, or the identity of which Executive
      became aware during the term of employment except as agreed upon in writing
      signed by a duly authorized officer of the Company. 

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    

    If
      any
      part of this Section 7 shall be determined by a court of competent jurisdiction
      to be unreasonable in duration, geographic area, or scope, then the provisions
      of this Section are intended to and shall extend only for such period of time,
      in such area and with respect to such activities as shall be determined by
      such
      court to be reasonable and all provisions hereof shall be applied to the fullest
      extent permitted by law. 

    

    8. Non-Disclosure
      of Confidential Information.

    

     (a) The
      Executive shall not during the term of this Agreement and for a twenty-four
      (24)
      month period following termination of his employment hereunder intentionally
      or
      negligently use or disclose to any person, firm or corporation any confidential
      or proprietary information acquired by him during the course of his employment
      relating to the Company (or relating to any client of the Company) except in
      the
      course of performing his duties for the Company. Such confidential and
      proprietary information shall include, but shall not be limited to, proprietary
      technology, trade secrets, patented processes, research and development data,
      know-how, formulae, contractual information, pricing policies, the substance
      of
      agreements and arrangements with customers, suppliers and others, names of
      accounts, customer and supplier lists and any other documents embodying such
      confidential and proprietary information, that is not already known to the
      public.

    

       (b)
       All
      information and documents relating to the Company shall be the exclusive
      property of the Company, and the Executive shall use his best efforts to prevent
      any publication or disclosure of such information and documents. Upon
      termination of the employment of the Executive with the Company, the Executive
      shall not take from and will promptly return to the Company all documents,
      records, customer lists, computer programs, equipment designs, technical
      information, reports, writings and other similar documents containing
      confidential or proprietary information of the Company, including copies
      thereof, then in the Executive's possession or control.

    

    9. Proprietary
      Rights.
      Any and
      all inventions, processes, procedures, systems, discoveries, designs,
      configurations, technology, works of authorship, trade secrets and improvements
      (whether or not patentable and whether or not they are made, conceived or
      reduced to practice during working hours or using the Company's data or
      facilities) (collectively, the "Inventions") which the Executive makes,
      conceives, reduces to practice, or otherwise acquires during his employment
      by
      the Company (either solely or jointly with others), and which are related to
      the
      Company's present or planned business, services or products, shall be the sole
      property of the Company and shall at all times and for all purposes be regarded
      as acquired and held by the Executive in a fiduciary capacity for the sole
      benefit of the Company. All Inventions that consist of works of authorship
      capable of protection under copyright laws shall be prepared by the Executive
      as
      "works made for hire", with the understanding that the Company shall own all
      of
      the exclusive rights to such works of authorship under the United States
      copyright law and all international copyright conventions and foreign laws.
      The
      Executive hereby assigns to the Company, without further compensation, all
      such
      Inventions and any and all patents, copyrights, trademarks, trade names or
      applications therefor, in the United States and elsewhere, relating thereto.
      The
      Executive shall promptly disclose to the Company and to no other party all
      such
      Inventions and shall assist the Company for its own benefit in obtaining and
      enforcing patents and copyright registrations on such Inventions in all
      countries. Upon request, the Executive shall execute all applications,
      assignments, instruments and papers and perform all acts (such as the giving
      of
      testimony in interference proceedings and infringement suits or other
      litigation) necessary or desired by the Company to enable the Company and its
      successors, assigns and nominees to secure and enjoy the full benefits and
      advantages of such Inventions.

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    

    10. Right
      to Injunction.
      The
      Company and the Executive each acknowledge that the services to be performed
      by
      the Executive hereunder are unique and that the Company required the Executive
      to enter into this Agreement as a condition to his employment by the Company.
      The Executive specifically acknowledges and agrees that the restrictions imposed
      by Sections 7 and 8 are reasonable as to duration, geographic area and scope
      and
      are necessary for the protection of the interests of the Company. Any breach
      or
      threatened breach of any provision of this Agreement by the Executive shall
      entitle the Company, in addition to any other remedies available to it at law
      or
      in equity, to bring an action in any court of competent jurisdiction to enjoin
      any such breach or threatened breach and to obtain an order temporarily or
      permanently enjoining any such breach or threatened breach, without posting
      bond, and the Company shall be entitled to recover from the Executive the
      Company’s reasonable attorneys’ fees and costs in obtaining such
      relief.

    

    11. Withholding.
      All
      payments made by the Company under this Agreement shall be reduced by any tax
      or
      other amounts required to be withheld by the Company under applicable law.
      

    

    12. Assignment.
      This
      Agreement shall not be assignable by the Executive or the Company without the
      written consent of the other party, provided, however, that the Company may
      assign the Agreement to any person, partnership or corporation which acquires
      all or substantially all of the assets of the Company.

    

    13. Waiver,
      Amendment and Alteration.
      The
      waiver by either party of a breach of any provision of this Agreement shall
      not
      operate as or be construed as a waiver of any prior or subsequent breach
      thereof. This Agreement may be amended or modified only by a written instrument
      signed by the Executive and by an expressly authorized representative of the
      Company. 

    

    14. Conflicting
      Agreements.
      The
      Executive hereby represents and warrants that the execution of this Agreement
      and the performance of his obligations hereunder will not breach or be in
      conflict with any other agreement to which the Executive is a party or is bound
      and that Executive is not now subject to any covenants against competition
      or
      similar covenants or any court order or other legal obligation that would affect
      the performance of his obligations hereunder. The Executive will not disclose
      to
      or use on behalf of the Company any proprietary information of a third party
      without such party’s consent.

     

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    

    15. Notices.
      Any and
      all notices, requests, demands and other communications provided for by this
      Agreement shall be in writing and shall be effective when delivered in person
      or
      deposited in the United States mail, postage prepaid, registered or certified,
      and addressed to the Executive at his last known address on the books of the
      Company or, in the case of the Company, at its principal place of business,
      attention of the Secretary, or to such other address as either party may specify
      by notice to the other actually received. 

    

    16. Entire
      Agreement and Binding Effect.
      This
      Agreement contains the entire agreement of the parties with respect to the
      subject matter hereof and supercedes all prior communications, agreements and
      understandings, written or oral, and shall be binding upon and inure to the
      benefit of the parties hereto and their respective successors, permitted assigns
      and legal representatives.

    

    17. Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument, and in pleading or proving any provision of this Agreement it shall
      not be necessary to produce more than one of such counterparts.

    

    18. Headings.
      The
      headings and captions in this Agreement are for convenience only and in no
      way
      define or describe the scope of content of any provision of this Agreement.
      

    

    19.
       Severability/Governing
      Law.
       The provisions of this Agreement are severable. If any term or provision
      hereof (or the application thereof) is held invalid or unenforceable for any
      reason, the remaining provisions shall not be affected but rather shall remain
      in full force and effect and shall be enforced to the fullest extent permitted
      by law.  

    

    IN
      WITNESS WHEREOF, this Agreement has been executed as a sealed instrument by
      the
      Company, by its duly authorized representative, and by the Executive, as of
      the
      date first above written.

     

    
      	 	 	 
	THE
              EXECUTIVE:	TASKER
              CAPITAL
              CORP.:
	 
 	 
 	 
 
	/s/
              Richard D.
              Falcone              
              	By:  	/s/
              James
              Burns                              
              
	Richard D.
              Falcone	Title: Executive Vice
              President

     

    
      
         

      

      
        -9-EMPLOYMENT
      AGREEMENT

    

    AGREEMENT,
      made and entered into in Danbury, CT, by and between Tasker Capital Corp. (the
      “Company”), a Nevada corporation with its principal place of business at 39 Old
      Ridgebury Road, Suite 14, Danbury, CT, and Stathis Kouninis (the “Executive”),
      effective as of the 13th day of February, 2006. 

    

    WHEREAS,
      the operations of the Company are a complex matter requiring direction and
      leadership in a variety of arenas, including financial, strategic planning,
      regulatory, community relations and others;

    

    WHEREAS,
      the Executive is possessed of certain experience and expertise that qualify
      him
      to provide the direction and leadership required by the Company; and

    

    WHEREAS,
      subject to the terms and conditions set forth in this Agreement, the Company
      therefore wishes to employ the Executive as its Chief Financial Officer and
      the
      Executive wishes to accept such employment;

    

    NOW,
      THEREFORE, in consideration of the mutual covenants and promises hereinafter
      set
      forth and for other good and valuable consideration, the receipt and sufficiency
      of which are hereby acknowledged, the Company and the Executive hereby agree
      as
      follows:

    

    1. Employment.
      Subject
      to the terms and conditions set forth in this Agreement, the Company hereby
      offers and the Executive hereby accepts employment. 

    

    2. Term.
      Subject
      to earlier termination as hereafter provided, this Agreement shall have an
      original term of three (3) years commencing on the effective date hereof and
      shall be automatically extended thereafter for successive terms of one (1)
      year
      each, unless either party provides notice to the other at least thirty (30)
      days
      prior to the expiration of the original or any extension term that the Agreement
      is not to be extended. The term of this Agreement, as from time to time extended
      or renewed, is hereafter referred to as “the term of this Agreement” or “the
      term hereof.” 

    

    3. Title
      and Duties.
      Executive agrees during the term of this Agreement to devote substantially
      all
      of his working time, attention, skill and efforts during normal working hours
      to
      the performance of his duties, faithfully and to the best of his abilities
      and
      in accordance with the supervision and direction of the Chief Executive Officer
      of the Company (the “CEO”). The Executive shall serve as Chief Financial Officer
      and shall have such other duties as the CEO, in its discretion, may assign
      to
      the Executive from time to time.

    

    4. Compensation
      and Benefits.
      As
      compensation for all services performed by the Executive under and during the
      term hereof and subject to performance of the Executive’s duties and of the
      obligations of the Executive to the Company, pursuant to this Agreement or
      otherwise:

      

    (a)
      Base
      Salary.
      During
      the term hereof, the Company shall pay the Executive
      a salary at the rate of One Hundred Sixty-Five Thousand Dollars ($165,000)
      per
      annum (“Base Salary”), payable in accordance with the payroll practices of the
      Company for its executives. Executive’s Base Salary may be subject to increase
      by the Board in its sole discretion. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (b) Bonus
      Compensation.
      Executive shall be eligible to be considered for a bonus annually during the
      term hereof. The amount of such bonus, if any, shall be determined by the CEO.
      

    

    (c) Vacations.
      During
      the term hereof, the Executive shall be entitled to 

    twenty
      (20) days of vacation per year, to be taken at such times and intervals as
      shall
      be determined by the Executive, subject to the reasonable business needs of
      the
      Company. Vacation shall otherwise be governed by the policies of the Company,
      as
      in effect from time to time. 

    

    (d) Other Benefits.
      During
      the term hereof and subject to any contribution generally required of Executives
      of the Company, the Executive shall be entitled to participate in any and all
      employee benefit plans from time to time in effect for Executives of the Company
      generally. Such participation shall be subject to the terms of the applicable
      plan documents and generally applicable Company policies. The Company may alter,
      modify, add to or delete its employee benefit plans at any time as it, in its
      sole judgment, determines to be appropriate, without recourse by the Executive.
      The Company also agrees to provide the Executive with short term and long term
      disability benefits. In the event that the Company terminates its group health
      insurance plan, the Company agrees to reimburse the Executive for the cost
      of
      obtaining comparable health insurance ocverage during the term of this
      Agreement.

    

    (e)
       Business
      Expenses.
      The
      Company shall pay or reimburse the Executive for all reasonable business
      expenses incurred or paid by the Executive in the performance of his duties
      and
      responsibilities hereunder, subject to any maximum annual limit and other
      restrictions on such expenses set by the Company and to such reasonable
      substantiation and documentation as may be specified by the Company from time
      to
      time.

    

    (f) Stock
      Options.
      

    

    (i)
      The
      Executive shall be granted an option to purchase, at $1.00 per share, Four
      Fifty
      Hundred Thousand (450,000) shares of common stock, $0.001 par value per share,
      of the Company (the “Option”). Two Hundred Thousand (112,500) shares of the
      Option shall vest on the date of the grant and the remainder of the Option
      shall
      vest monthly, on a pro-rated basis, during the twenty-four (24) months following
      the date of grant, provided that the Executive remains in the Company’s employ.

    

    (ii)
       In
      the
      event the Company undergoes a Change in Control, as defined below, one hundred
      percent (100%) of the then unvested portion of the Option shall become vested
      and exercisable upon the occurence of such Change in Control. A Change in
      Control means the occurence of any of the following events: (a) the Company
      is a
      party to, or the stockholders approve, a merger, consolidation or reorganization
      with another corporation (other than a merger, consolidation or reorganization
      that (i) would result in the voting power immediately before to continue to
      represent either by remaining outstanding or by being converted into securities
      of the surviving entity, more than 50% of the voting power thereafter, or (ii)
      in which no person or group would acquire more than 20% of the voting power);
      (b) a sale of all, or substantially all, of the assets of the Company; (c)
      any
      individual, partnership, firm, corporation, association, trust, unincorporated
      organization or other entity, or any syndicate or group deemed to be a person
      under Section 14(d)(2) of the Exchange Act, is or becomes the “beneficial owner”
(as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of
      shares of common stock of the Company representing 51% or more of the voting
      power of the Company’s then outstanding securities entitled to vote in the
      election of directors of the Company; or (d) the Company is disolved or
      liquidated; provided
      however,
      that a
      change in control under clause (a), (b), (c), or (d) shall not be deemed to
      be a
      Change in Control as a result of an acquisition of securities of the Company
      by
      an employee benefit plan maintained by the Company for its employees.

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    5. Termination
      of Employment.
      Notwithstanding the provisions of Section 2 hereof, the Executive’s employment
      hereunder shall terminate prior to the expiration of the term under the
      following circumstances:

    

    (a) Death.
      In the
      event of the Executive’s death during the term hereof, the Executive’s
      employment hereunder shall immediately and automatically terminate. In such
      event, the Company shall pay to the Executive’s designated beneficiary or, if no
      beneficiary has been designated by the Executive, to his estate, (i) the Base
      Salary earned but not paid through the date of temination, (ii) pay for any
      vacation time earned but not used through the date of termination, (iii) any
      business expenses incurred by the Executive but un-reimbursed on the date of
      termination, provided that such expenses and required substantiation and
      documentation are submitted within sixty (60) days of termination and that
      such
      expenses are reimbursable under Company policy, (iv) continued payment of Base
      Salary for the period of time that the Executive had been terminated by the
      Company other than for Cause on the date of his death and (v) any bonus owed
      to
      the Executive (all of the foregoing, “Final Compensation”). The Company shall
      have no further obligation to the Executive hereunder. 

     

    (b) Disability.

    

    (i) The
      Company may terminate the Executive’s employment hereunder,
      upon notice to the Executive, in the event that the Executive becomes disabled
      during his employment hereunder through any illness, injury, accident or
      condition of either a physical or psychological nature and, as a result, is
      unable to perform substantially all of his duties and responsibilities
      hereunder, with or without reasonable accommodation, for one hundred twenty
      (120) days during any period of three hundred and sixty-five (365) consecutive
      calendar days. In the event of such termination, the Company shall pay to the
      Executive his Final Compensation and any amounts payable and/or owing to the
      Executive for short and long term disability benefits. 

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    

    (c) By
      the
      Company for Cause.
      The
      Company may terminate the Executive’s employment hereunder for Cause at any time
      upon notice to the Executive setting forth in reasonable detail the nature
      of
      such Cause. The following, as determined by the Chief Executive Officer of
      the
      Company in his reasonable judgment, shall constitute Cause for
      termination:

    

    (i) The
      Executive’s convinction of felony or conviction of any other crime involving
      dishonesty or moral turptitude (which specifically excludes all traffic
      violations;

    

    (ii) The
      Executive’s theft, embezzlement, misappropriation of or intentinal and malicious
      infliction of damage to the Company’s business or property;

    

    (iii) The
      Executive’s gross dereliction of duties or gross negligence; and

     

    (iv) The
      Executive’s breach of any material provision of this Agreement not cured by the
      Executive within twenty (20) days following notice from the Company specifying
      in detail the nature of the breach; or.

    

    Upon
      the
      giving of notice of termination of the Executive’s employment hereunder for
      Cause, the Company shall have no further obligation to the Executive, other
      than
      for Final Compensation. 

     

    (d)
      By
      the
      Company Other than for Cause.
      The
      Company may terminate the Executive’s
      employment hereunder other than for Cause at any time upon notice to the
      Executive. In the event of such termination, in addition to Final Compensation
      and provided that no benefits greater than those set forth herein are payable
      to
      the Executive under a separate severance agreement or an executive severance
      plan as a result of such termination, then for a period of six (6) months,
      the
      Company shall continue to pay the Executive Base Salary at the rate in effect
      on
      the date of termination. Any obligation of the Company to the Executive
      hereunder or as provided in Section 5(e) below is conditioned, however, upon
      the
      Executive’s signing a mutually acceptable release of claims. Base Salary to
      which the Executive is entitled hereunder shall be payable in accordance with
      the normal payroll practices of the Company. 

    

    (e)
       By
      the
      Executive for Good Reason.
      The
      Executive may terminate his employment hereunder for Good Reason, upon notice
      to
      the Company setting forth in reasonable detail the nature of such Good Reason.
      The following shall constitute Good Reason for termination by the
      Executive:

    

    (i)
       Failure
      of the Company to continue the Executive in the position of Chief Financial
      Officer;

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    

    (ii) Material
      diminution in the nature or scope of the Executive’s responsibilities, duties or
      authority; provided however, that any diminution of the business of the Company
      or any sale or transfer of any or all of the equity, property or other assets
      of
      the Company shall not constitute “Good Reason”; or

    

    (iii) Material
      failure of the Company to provide the Executive the compensation and benefits
      in
      accordance with the terms of Section 4, excluding an inadvertent failure which
      is cured within ten (10) business days following notice from the Executive
      specifying in detail the nature of such failure. 

    

    In
      the
      event of termination in accordance with this Section 5(e), and provided that
      no
      benefits greater than those set forth in Section 5(d) above are payable to
      the
      Executive under a separate severance agreement or an executive severance plan
      as
      a result of such termination, then the Executive will be entitled to the same
      pay he would have been entitled to receive had the Executive been terminated
      by
      the Company other than for Cause in accordance with Section 5(d) above.

    

    (f) By
      the
      Executive Other than for Good Reason.
      The
      Executive may terminate his employment hereunder at any time upon thirty (30)
      days’ notice to the Company. In the event of termination of the Executive
      pursuant to this section 5(f), the Company shall have no further obligation
      to
      the Executive, other than for any Final Compensation due to him. The Company
      may
      elect to waive the period of notice, or any portion thereof. 

    

    (g) Post-Agreement
      Employment.
      In the
      event the Executive remains in the employ of the Company following termination
      of this Agreement, by the expiration of the term or otherwise, then such
      employment shall be at will. 

    

    6. Effect
      of Termination.
      The
      provisions of this Section 6 shall apply to termination due to the expiration
      of
      the term hereof, pursuant to Section 5 or otherwise. 

    

    (a) Payment
      by the Company of any Final Compensation and any Base Salary continuation that
      may be due the Executive in each case under the applicable termination provision
      of Section 5 shall constitute the entire obligation of the Company to the
      Executive. The Executive shall promptly give the Company notice of all facts
      necessary for the Company to determine the amount and duration of its
      obligations in connection with any termination pursuant to Section 5(d) or
      5(e)
      hereof. 

    

    (b)
       Provisions
      of this Agreement shall survive any termination if so provided herein or if
      necessary or desirable to accomplish the purposes of other surviving provisions,
      including without limitation the obligations of the Executive under Sections
      7,
      8 and 9 hereof. The obligation of the Company to make payments to or on behalf
      of the Executive under Section 5(d) or 5(e) hereof is expressly conditioned
      upon
      the Executive’s continued full performance of obligations under Sections 7, 8
      and 9 hereof. The Executive recognizes that, except as expressly provided in
      Section 5(d) or 5(e), no compensation is earned after termination of employment.
      

    

    7. Restrictive
      Covenants.
      During
      the term of this Agreement and for a period of twelve (12) months from the
      date
      on which the Executive's employment with the Company terminates, the Executive
      covenants and agrees that he shall not do any of the following:

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

      

    (a) contact,
      recruit, solicit or induce, or attempt to contact, recruit, solicit or induce,
      any employee, consultant, agent, director or officer of the Company to terminate
      his/her employment with, or otherwise cease any relationship with, the
      Company;
      or

    

    (b)
      contact,
      solicit, divert, take away, or attempt to contact, solicit, divert or take
      away,
      any
      clients, customers or accounts, or prospective clients, customers or accounts,
      of the Company, or any of the Company’s business with such clients, customers or
      accounts which were contacted, solicited or served by Executive, or were
      directly or indirectly under Executive’s responsibility, while Executive was
      employed by the Company, or the identity of which Executive became aware during
      the term of employment except as agreed upon in writing signed by a duly
      authorized officer of the Company.

     

    If
      any
      part of this Section 7 shall be determined by a court of competent jurisdiction
      to be unreasonable in duration, geographic area, or scope, then the provisions
      of this Section are intended to and shall extend only for such period of time,
      in such area and with respect to such activities as shall be determined by
      such
      court to be reasonable and all provisions hereof shall be applied to the fullest
      extent permitted by law. 

    

    8. Non-Disclosure
      of Confidential Information.

    

    (a) The
      Executive shall not during the term of this Agreement or at any time following
      termination of his employment hereunder intentionally or negligently use or
      disclose to any person, firm or corporation any confidential or proprietary
      information acquired by him during the course of his employment relating to
      the
      Company (or relating to any client of the Company) except in the course of
      performing his duties for the Company. Such confidential and proprietary
      information shall include, but shall not be limited to, proprietary technology,
      trade secrets, patented processes, research and development data, know-how,
      formulae, contractual information, pricing policies, the substance of agreements
      and arrangements with customers, suppliers and others, names of accounts,
      customer and supplier lists and any other documents embodying such confidential
      and proprietary information.

    

       (b)
       All
      information and documents relating to the Company shall be the exclusive
      property of the Company, and the Executive shall use his best efforts to prevent
      any publication or disclosure of such information and documents. Upon
      termination of the employment of the Executive with the Company, the Executive
      shall not take from and will promptly return to the Company all documents,
      records, customer lists, computer programs, equipment designs, technical
      information, reports, writings and other similar documents containing
      confidential or proprietary information of the Company, including copies
      thereof, then in the Executive's possession or control.

    

    9. Proprietary
      Rights.
      Any and
      all inventions, processes, procedures, systems, discoveries, designs,
      configurations, technology, works of authorship, trade secrets and improvements
      (whether or not patentable and whether or not they are made, conceived or
      reduced to practice during working hours or using the Company's data or
      facilities) (collectively, the "Inventions") which the Executive makes,
      conceives, reduces to practice, or otherwise acquires during his employment
      by
      the Company (either solely or jointly with others), and which are related to
      the
      Company's present or planned business, services or products, shall be the sole
      property of the Company and shall at all times and for all purposes be regarded
      as acquired and held by the Executive in a fiduciary capacity for the sole
      benefit of the Company. All Inventions that consist of works of authorship
      capable of protection under copyright laws shall be prepared by the Executive
      as
      "works made for hire", with the understanding that the Company shall own all
      of
      the exclusive rights to such works of authorship under the United States
      copyright law and all international copyright conventions and foreign laws.
      The
      Executive hereby assigns to the Company, without further compensation, all
      such
      Inventions and any and all patents, copyrights, trademarks, trade names or
      applications therefor, in the United States and elsewhere, relating thereto.
      The
      Executive shall promptly disclose to the Company and to no other party all
      such
      Inventions and shall assist the Company for its own benefit in obtaining and
      enforcing patents and copyright registrations on such Inventions in all
      countries. Upon request, the Executive shall execute all applications,
      assignments, instruments and papers and perform all acts (such as the giving
      of
      testimony in interference proceedings and infringement suits or other
      litigation) necessary or desired by the Company to enable the Company and its
      successors, assigns and nominees to secure and enjoy the full benefits and
      advantages of such Inventions.

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    

    10. Right
      to Injunction.
      The
      Company and the Executive each acknowledge that the services to be performed
      by
      the Executive hereunder are unique and that the Company required the Executive
      to enter into this Agreement as a condition to his employment by the Company.
      The Executive specifically acknowledges and agrees that the restrictions imposed
      by Sections 7 and 8 are reasonable as to duration, geographic area and scope
      and
      are necessary for the protection of the interests of the Company. Any breach
      or
      threatened breach of any provision of this Agreement by the Executive shall
      entitle the Company, in addition to any other remedies available to it at law
      or
      in equity, to bring an action in any court of competent jurisdiction to enjoin
      any such breach or threatened breach and to obtain an order temporarily or
      permanently enjoining any such breach or threatened breach, without posting
      bond, and the Company shall be entitled to recover from the Executive the
      Company’s reasonable attorneys’ fees and costs in obtaining such
      relief.

    

    11. Withholding.
      All
      payments made by the Company under this Agreement shall be reduced by any tax
      or
      other amounts required to be withheld by the Company under applicable law.
      

    

    12. Assignment.
      This
      Agreement shall not be assignable by the Executive or the Company without the
      written consent of the other party, provided, however, that the the Company
      may
      assign the Agreement to any person, partnership or corporation which acquires
      all or substantially all of the assets of the Company.

    

    13. Waiver,
      Amendment and Alteration.
      The
      waiver by either party of a breach of any provision of this Agreement shall
      not
      operate as or be construed as a waiver of any prior or subsequent breach
      thereof. This Agreement may be amended or modified only by a written instrument
      signed by the Executive and by an expressly authorized representative of the
      Company. 

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    

    14. Conflicting
      Agreements.
      The
      Executive hereby represents and warrants that the execution of this Agreement
      and the performance of his obligations hereunder will not breach or be in
      conflict with any other agreement to which the Executive is a party or is bound
      and that Executive is not now subject to any covenants against competition
      or
      similar covenants or any court order or other legal obligation that would affect
      the performance of his obligations hereunder. The Executive will not disclose
      to
      or use on behalf of the Company any proprietary information of a third party
      without such party’s consent.   

    

    15. Notices.
      Any and
      all notices, requests, demands and other communications provided for by this
      Agreement shall be in writing and shall be effective when delivered in person
      or
      deposited in the United States mail, postage prepaid, registered or certified,
      and addressed to the Executive at his last known address on the books of the
      Company or, in the case of the Company, at its principal place of business,
      attention of President, or to such other address as either party may specify
      by
      notice to the other actually received. 

    

    16. Entire
      Agreement and Binding Effect.
      This
      Agreement contains the entire agreement of the parties with respect to the
      subject matter hereof and supercedes all prior communications, agreements and
      understandings, written or oral, and shall be binding upon and inure to the
      benefit of the parties hereto and their respective successors, permitted assigns
      and legal representatives.

    

    17. Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument, and in pleading or proving any provision of this Agreement it shall
      not be necessary to produce more than one of such counterparts.

    

    18. Headings.
      The
      headings and captions in this Agreement are for convenience only and in no
      way
      define or describe the scope of content of any provision of this Agreement.
      

    

    19.
       Severability/Governing
      Law/Forum.
       The provisions of this Agreement are severable. If any term or provision
      hereof (or the application thereof) is held invalid or unenforceable for any
      reason, the remaining provisions shall not be affected but rather shall remain
      in full force and effect and shall be enforced to the fullest extent permitted
      by law.  

    

    IN
      WITNESS WHEREOF, this Agreement has been executed as a sealed instrument by
      the
      Company, by its duly authorized representative, and by the Executive, as of
      the
      date first above written.

     

    
      	 	 	 
	THE
              EXECUTIVE:	TASKER
              CAPITAL
              CORP.:
	 
 	 
 	 
 
	/s/
              Stathis
              Kouninis                    
              	By:  	/s/ Richard
              D.
              Falcone                                       
              
	Stathis
              Kouninis	Title: President and Chief Executive
              Officer

     

    
      
         

      

      
        -8-

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