Document:

Exhibit
10.1

    EMPLOYMENT
AGREEMENT

    (Mark
Mroczkowski)

    

    This EMPLOYMENT AGREEMENT (this
“Agreement”) is made effective as of the 30th day of September, 2010 (the
“Effective Date”) by and among MARK L. MROCZKOWSKI, an individual (“Employee”)
and MEDIANET GROUP TECHNOLOGIES, INC.   a Nevada corporation
(“MediaNet”) and its various subsidiaries identified on page 6 hereto; with
reference to the following recitals:

    

    A.          Employee
is engaged by MediaNet, pursuant to a consulting agreement dated March 19, 2010
(the “MediaNet Agreement”).

    

    B.           Employee
and MediaNet agree that is in the best interest of the parties to enter into an
employment agreement with MediaNet.

    

    NOW, THEREFORE, in consideration of the
foregoing, the mutual covenants and agreements set forth herein, and other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, each of Employee and MediaNet hereby agree as
follows:

    

    1.           Employment.  MediaNet
hereby employs Employee and hereby affirms the employment of Employee as the
Chief Financial Officer of MediaNet and Employee hereby affirms, renews and
accepts such employment, for the “Term” (as defined in Section 3 below), upon
the terms and conditions set forth herein. This Agreement supersedes and
replaces the MediaNet Agreement in its entirety.

    

    2.           Duties.  During
the Term, Employee shall serve MediaNet faithfully, diligently and to the best
of his ability, under the direction of the Board of Directors of
MediaNet.  Employee shall render such services during the Term at the
Corporation’s principal place of business, as MediaNet may from time to time
reasonably require of him, and shall devote that portion of his business time as
defined in Section 5 below to the performance thereof.  Employee shall
have those duties and powers as generally pertain to the respective office,
subject to the control of the Board of Directors of MediaNet.  The
precise services and duties that Employee is obligated to perform hereunder may
from time to time be changed, amended, extended or curtailed by the Board of
Directors of MediaNet.

    

    3.           Term.  The
“Term” of this Agreement shall commence on the Effective Date and continue
thereafter for a term of two (2) years, as may be extended or earlier terminated
pursuant to the terms and conditions of this Agreement.  The Term of
this Agreement shall automatically renew for successive one (1) year periods
unless, within sixty (60) days of the expiration of the then existing Term,
MediaNet or Employee provides written notice to the other party that it elects
not to renew the Term.  Upon delivery of such notice, this Agreement
shall continue until expiration of the Term, whereupon this Agreement shall
terminate.

    

    4.           Compensation.

    

    4.1           Salary.  MediaNet
shall pay to Employee a total minimum annual salary of One Hundred and Sixty-Two
Thousand Dollars ($162,000) (the “Minimum Salary”), payable in equal
installments at the end of such regular payroll accounting periods as are
established by the Corporation, or in such other installments upon which the
parties hereto shall mutually agree.  The Minimum Salary shall be paid
to Employee by the Corporation, subject to the terms set out
below.  In addition, MediaNet may pay additional salary from time to
time, and award bonuses in cash, stock or stock options or other property and
services, as MediaNet may determine in its sole discretion or pursuant to
separate agreements with Employee. The Employee is hereby granted the options
set forth on the Non-Qualified Stock Option Agreement attached hereto as Annex
A.

    

    4.2           Benefits.  During
the Term, Employee shall be entitled to participate in all medical and other
employee benefit plans, including vacation, sick leave, retirement accounts,
profit sharing, stock option plans, stock appreciation rights, and other
employee benefits, provided by  MediaNet to employees similarly
situated.

    
      
         

      

      
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    4.3           Expense
Reimbursement.  MediaNet shall reimburse Employee for
reasonable and necessary expenses incurred by him on behalf of MediaNet in the
performance of his duties hereunder during the Term, provided that such expenses
are adequately documented in accordance with MediaNet’s then customary
policies.

    

    5.           Other
Employment.  Employee shall devote as much of his business and
professional time and effort, attention, knowledge, and skill to the management,
supervision and direction of MediaNet’s business and affairs as is necessary to
faithfully and diligently further the business and best interests of
MediaNet.  Subject to his fiduciary duties, any applicable laws and
Sections 7 and 8 hereof, Employee may, during the term hereof, be interested
directly or indirectly, in any manner, as partner, officer, director,
stockholder, advisor, employee or in any other capacity in any other
business.   Subject to his fiduciary duties, any applicable laws
and Sections 7 and 8 hereof, nothing herein contained shall prevent or limit the
right of Employee to invest any of his surplus funds in the capital stock or
other securities of any corporation, company or limited partnership, or whose
stock or securities are publicly owned or are regularly traded on any public
exchange; nor shall anything herein contained prevent Employee from investing or
limit Employee’s right to invest his surplus funds in real
estate.  Subject to his fiduciary duties, any applicable laws and
Sections 7 and 8 hereof, nothing herein shall prevent Employee from serving in a
volunteer capacity as officer, director, or advisor for professional
organizations with which he is affiliated.   MediaNet hereby
acknowledges and agrees that Employee may, in good faith, use his discretion in
resolving any conflicts between MediaNet and its subsidiaries and/or among
MediaNet’s subsidiaries, and Employee shall be entitled to rely upon the
direction of the Corporation and the Corporation's Board of Directors to resolve
any such conflicts of interest.  The Employee acknowledges and agrees
that he has a fiduciary duty of loyalty to the MediaNet, and that he will not
engage in any activity during the term of this Agreement, which will or could,
in any significant way, harm the business, business interests or reputation of
MediaNet.

     

    6.           Indemnification.

    

    6.1           Third Party
Actions.  MediaNet hereby indemnifies Employee in the event
that Employee is a party, or is threatened to be made a party, to any proceeding
(other than an proceeding by or in the right of any MediaNet to procure a
judgment in  MediaNet’s favor) by reason of Employee’s status as an
officer, director, agent or employee of  MediaNet, against expenses,
judgments, fines, settlements, and other amounts actually and reasonably
incurred in connection with such proceeding if Employee acted in good faith and
in a manner that Employee reasonably believed to be in  MediaNet’s
best interests and, in the case of a criminal proceeding, Employee had no
reasonable cause to believe Employee’s conduct was unlawful.  The
termination of any proceeding by judgment, order, settlement, conviction, or
upon a plea of nolo contendere or its equivalent shall not, of itself, create
any presumption that (a) Employee did not act in good faith or in a manner which
Employee reasonably believed to be in MediaNet’s best interests or (b) Employee
had no reasonable cause to believe that Employee’s conduct was
unlawful.

    

    6.2           Successful Defense By
Employee.  To the extent that Employee has been successful on
the merits in defense of any proceeding referred to in Sections 6.1, or in
defense of any claim, issue, or matter therein, MediaNet shall indemnify
Employee against expenses actually and reasonably incurred by Employee in
connection therewith.

    

    6.3           Advances.  Expenses
incurred in defending any proceeding shall be advanced by the Related Companies
before the final disposition of such proceeding upon receipt of an undertaking
by or on behalf of Employee to repay such amounts if it shall be determined
ultimately that Employee is not entitled to be indemnified as authorized in this
Section 7.

    

    6.4           Other Contractual
Rights.  The indemnification provided by this Section 6 shall
be deemed cumulative, and not exclusive, of any other rights to which Employee
may be entitled under any bylaw, agreement, vote of shareholders or
disinterested directors, or otherwise, both as to action in an official capacity
and as to action in another capacity while holding such
office.  Nothing in this section shall affect any right to
indemnification to which Employee may be entitled by contract or
otherwise.

    
      
         

      

      
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    6.5           Insurance.  To
the extent available at commercially reasonable rates and limits, MediaNet shall
collectively purchase and maintain insurance on behalf of Employee insuring
against any liability asserted against or incurred by Employee in any capacity
or arising out of Employee’s status as such, whether or not MediaNet has the
power to indemnify Employee against that liability under the provisions of this
Section 6.

    

    6.6           Survival.  The
rights provided by this Section 6 shall survive the expiration or earlier
termination of this Agreement pursuant hereto and shall inure to the benefit of
Employee’ heirs, executors, and administrators.

    

    6.7           Amendment.  Any
amendment, repeal, or modification of MediaNet's articles or bylaws shall not
adversely affect Employee’s indemnification rights or privileges existing at the
time of such amendment, repeal, or modification.

    

    6.8           Settlements.  MediaNet
shall not be liable to indemnify Employee under this Section 6 for (i) any
amounts paid in settlement of any action or claim effected without MediaNet’s
written consent, which consent shall not be unreasonably withheld, or (ii) any
judicial award, if MediaNet was not given a reasonable and timely opportunity to
participate, at MediaNet’s expense, in the defense of such action.

    

    6.9           Subrogation.  In
the event of payment under this Section 6, MediaNet shall be subrogated to the
extent of such payment to all Employee’s rights of recovery; and Employee shall
execute all papers required and shall do everything necessary or appropriate to
secure such rights, including the execution of any documents necessary or
appropriate to MediaNet effectively bringing suit to enforce such
rights.

    

    6.10         No Duplication Of
Payments.  MediaNet shall not be liable under this Section 6 to
make any payment in connection with any claim made against Employee to the
extent Employee has otherwise actually received payment, whether under a policy
of insurance, agreement, vote, or otherwise, of any amount which is otherwise
subject to indemnification under this Section 6.

    

    6.11         Proceedings And
Expenses. For the purposes of this Section 6, “proceeding” means any
threatened, pending, or completed action or proceeding, whether civil, criminal,
administrative, or investigative; and “expenses” includes, without limitation,
attorney fees and any expenses of establishing a right to indemnification under
this Section 6.

    

    7.           Confidential Information/
Inventions.

    

    7.1           Employee
shall not, in any manner, for any reasons, either directly or indirectly,
divulge or communicate to any person, firm or corporation, any confidential
information concerning any matters not generally known in MediaNet's industry or
otherwise made public by MediaNet which affects or relates to MediaNet's
business, finances, marketing and/ or operations, research, development,
inventions, products, designs, plans, procedures, or other data (collectively,
“Confidential Information”) except in the ordinary course of business or as
required by applicable law.  Without regard to whether any item of
Confidential Information is deemed or considered confidential, material, or
important, the parties hereto stipulate that as between them, to the extent such
item is not generally known in the MediaNet's industry, such item is important,
material, and confidential and affects the successful conduct of MediaNet’s
business and good will, and that any breach of the terms of this Section 7.1
shall be a material and incurable breach of this Agreement.

    

    7.2           Employee
further agrees that all documents and materials furnished to Employee by
MediaNet and relating to MediaNet’s business or prospective business are and
shall remain the exclusive property of MediaNet as the case may
be.  Employee shall deliver all such documents and materials to
MediaNet upon demand therefore and in any event upon expiration or earlier
termination of this Agreement.  Any payment of sums due and owing to
Employee by MediaNet upon such expiration or earlier termination shall be
conditioned upon returning all such documents and materials, and Employee
expressly authorizes MediaNet to withhold any payments due and owing pending
return of such documents and materials.

    
      
         

      

      
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    7.3           All
ideas, inventions, and other developments or improvements conceived or reduced
to practice by Employee, alone or with others, during the term of this
Agreement, whether or not during working hours, that are within the scope of the
business of MediaNet or that relate to or result from any of MediaNet's work or
projects or the services provided by Employee to MediaNet pursuant to this
Agreement, shall be the exclusive property of MediaNet.  Employee
agrees to assist MediaNet during the term, at MediaNet’s expense, to obtain
patents and copyrights on any such ideas, inventions, writings, and other
developments, and agrees to execute all documents necessary to obtain such
patents and copyrights in the name of MediaNet.

    

    8.           Covenant Not to
Compete.  During the term of this Agreement, Employee shall not
engage in any of the following competitive activities: (a) engaging
directly or indirectly in any business or activity substantially similar to any
business or activity engaged in by  MediaNet as of the date of this
Agreement; (b) soliciting or taking away any employee, business associate,
agent, representative, contractor, supplier, vendor, customer, franchisee,
lender or investor of   MediaNet, or attempting to so solicit or
take away; (c) interfering with any contractual or other relationship
between   MediaNet and any employee, business associate, agent,
representative, contractor, supplier, vendor, customer, franchisee, lender or
investor; or (d) using, for the benefit of any person or entity other
than   MediaNet, any Confidential Information of
MediaNet.  The foregoing covenant prohibiting competitive activities
shall survive the termination of this Agreement and shall extend, and shall
remain enforceable against Employee, for the period of one (1) year following
the date this Agreement is terminated.  In addition, during the
two-year period following such expiration or earlier termination, Employee shall
not make or permit the making of any negative statement of any kind concerning
MediaNet.

    

    9.           Survival.  Employee
agrees that the provisions of Sections 7 and 8 shall survive expiration or
earlier termination of this Agreement for any reasons, whether voluntary or
involuntary, with or without cause, and shall remain in full force and effect
thereafter.

    

    10.         Injunctive
Relief.  Employee acknowledges and agrees that the covenants
and obligations of Employee set forth in Sections 7 and 8 with respect to
non-competition, non-solicitation, confidentiality and the MediaNet's property
relate to special, unique and extraordinary matters and that a violation of any
of the terms of such covenants and obligations will cause MediaNet irreparable
injury for which adequate remedies are not available at
law.  Therefore, Employee agrees that MediaNet shall be entitled to an
injunction, restraining order or such other equitable relief (without the
requirement to post bond) as a court of competent jurisdiction may deem
necessary or appropriate to restrain Employee from committing any violation of
the covenants and obligations referred to in this Section 10.  These
injunctive remedies are cumulative and in addition to any other rights and
remedies MediaNet may have at law or in equity.

    

    11.         Termination

    

    11.1         Termination by
Employee.  Employee may terminate this Agreement without cause
at any time and for any reason upon ninety (90) days notice to
MediaNet.  For purposes of this Agreement, the term “good reason” for
termination by Employee shall be (a) a material breach by  MediaNet of
any material covenant or obligation hereunder; or (b) the voluntary or
involuntary dissolution of  MediaNet.  The written notice
given hereunder by Employee to MediaNet shall specify in reasonable detail the
“good reason” for termination, and, in the case of good reason, such termination
notice shall not be effective until ninety (90) days after MediaNet’s receipt of
such notice, during which time MediaNet shall have the right to respond to
Employee’s notice and cure the breach or other event giving rise to the
termination.

    

    11.2         Termination by
MediaNet.  MediaNet may terminate its employment of Employee
under this Agreement without cause at any time and for any reason upon ninety
(90) days notice to Employee.  MediaNet may terminate its employment
of Employee under this Agreement for cause at any time by written notice to
Employee.  For purposes of this Agreement, the term “cause” for
termination by MediaNet shall be (a) a conviction of or plea of guilty or nolo contendere by Employee
to a felony; (b) the consistent refusal by Employee to perform his material
duties and obligations hereunder; or (c) Employee’s willful and intentional
misconduct in the performance of his material duties and obligations as set
forth from time to time in the employee manual.  The written notice
given hereunder by MediaNet to Employee shall specify in reasonable detail the
cause for termination.  In the case of a termination for the cause
described in (a) above, such termination shall be effective upon receipt of the
written notice.  In the case of the causes described in (b) and (c)
above, such termination shall, at the MediaNet’s sole discretion, be effective
(i) upon receipt of the written notice or (ii) ninety (90) days after Employee’s
receipt of such notice, during which time Employee shall have the right to
respond to MediaNet's notice and cure the breach or other event giving rise to
the termination.

    
      
         

      

      
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    11.3         Severance.  Upon
a termination of this Agreement without good reason by Employee or with cause by
MediaNet, MediaNet shall immediately pay to Employee all accrued and unpaid
compensation as of the date of such termination.  Upon a termination
of this Agreement with good reason by Employee or without cause by MediaNet,
MediaNet shall immediately pay to Employee all accrued and unpaid compensation
as of the date of such termination plus the Severance Payment. The accrued
compensation due and payable at termination shall bear interest at the lesser of
eight percent (8%) per annum or the maximum rate permitted by law until such
amounts are paid in full. The “Severance Payment” shall equal the total amount
of salary payable to Employee under Section 4.1 of this Agreement from the date
of such termination until six months after termination payable in equal
installments at the end of such regular payroll accounting periods as are
established by the Corporation, or in such other installments upon which the
parties hereto shall mutually agree.  Upon such a termination with
good reason by Employee or without cause by MediaNet, any unvested stock options
then held by such Employee will vest immediately and options held by such
Employee will remain exercisable for a period of ninety (90) days from the date
of such termination, but in no event later than the expiration date of the
option.

    

    12.         Termination Upon
Death.  If Employee dies during the term of this Agreement,
this Agreement shall terminate, except that Employee’s legal representatives
shall be entitled to receive any earned but unpaid compensation due hereunder.
Any unvested stock options then held by the Employee will vest immediately and
options held by the Employee, or his estate, will remain exercisable for three
(3) years from the date of the Employee’s death or termination due to
Disability, but in no event later than the expiration date of the
option.

    

    13.         Termination Upon
Disability.  If, during the term of this Agreement, Employee
suffers and continues to suffer from a “Disability” (as defined below),
then  MediaNet may terminate this Agreement by delivering to Employee
sixty (60) calendar days prior written notice of termination based on such
Disability, setting forth with specificity the nature of such Disability and the
determination of Disability by MediaNet.  For the purposes of this
Agreement, “Disability” means Employee’s inability, with reasonable
accommodation, to substantially perform Employee’s duties, services and
obligations under this Agreement due to physical or mental illness or other
disability for a continuous, uninterrupted period of ninety (90) calendar days.
Any unvested stock options then held by the Employee will vest immediately and
options held by the Employee, or his estate, will remain exercisable for three
(3) years from the date of the Employee’s termination due to Disability, but in
no event later than the expiration date of the option.

    

    14.         Personnel Policies,
Conditions, And Benefits.  Except as otherwise provided herein,
Employee’s employment shall be subject to the personnel policies and benefit
plans which apply generally to MediaNet's employees as the same may be
interpreted, adopted, revised or deleted from time to time, during the term of
this Agreement, by  MediaNet in its sole discretion.  During
the term hereof, Employee shall receive the following:

    

    14.1         Vacation.  Employee
shall be entitled to vacation during each year of the term at the rate of six
(6) weeks per year; provided that no vacation shall accrue from year to year
during the term.

    

    15.         Beneficiaries of
Agreement.  This Agreement shall inure to the benefit of
MediaNet and any affiliates, successors, assigns, parent corporations,
subsidiaries, and/or purchasers of MediaNet as they now or shall exist while
this Agreement is in effect.

    

    16.         No
Waiver.  No failure by either party to declare a default based
on any breach by the other party of any obligation under this Agreement, or
failure of such party to act quickly with regard thereto, shall be considered to
be a waiver of any such obligation, or of any future breach.

    

    17.         Modification.  No
waiver or modification of this Agreement or of any covenant, condition, or
limitation herein contained shall be valid unless in writing and duly executed
by the parties to be charged therewith.

    

    18.         Choice Of
Law/Jurisdiction.  This Agreement shall be governed by and
construed in accordance with the laws of the State of Florida, without regard to
any conflict-of-laws principles.   MediaNet and Employee hereby
consent to personal jurisdiction before all courts in the County of Orange,
State of Florida, and hereby acknowledge and agree that Orange County, Florida
is and shall be the most proper forum to bring a complaint before a court of
law.

    
      
         

      

      
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    19.         Entire
Agreement.  This Agreement embodies the whole agreement between
the parties hereto and there are no inducements, promises, terms, conditions, or
obligations made or entered into by MediaNet or Employee other than contained
herein.

    

    20.         Severability.  All
agreements and covenants contained herein are severable, and in the event any of
them, with the exception of those contained in Sections 1 and 4 hereof, shall be
held to be invalid by any competent court, this Agreement shall be interpreted
as if such invalid agreements or covenants were not contained
herein.

    

    21.         Headings.  The
headings contained herein are for the convenience of reference and are not to be
used in interpreting this Agreement.

    

    IN WITNESS WHEREOF, this Agreement has
been duly executed by the parties hereto as of the date first above
written.

    

    MEDIANET
GROUP TECHNOLOGIES, INC. AND SUBSIDIARIES

    

    
      
        	
                MediaNet
      Group Technologies, Inc.

              	 
      	
                DUBLICOM
      LIMITED

              
	
                a
      Nevada corporation

              	 
      	
                a
      Cyprus corporation

              
	
                By

              	 
      	
                By

              
	 
      	 
      	 
      
	
                Lenox
      Logistik und Service GmbH

              	 
      	
                DUBLI
      NETWORK LIMITED

              
	
                Gesellschaft
      mit beschränkter Haftung

              	 
      	
                a
      British Virgin Island corporation

              
	
                By

              	 
      	
                By

              
	 
      	 
      	 
      
	
                Employee

              	 
      	 
      
	
                an
      Individual

              	 
      	 
      
	 
      	 
      	 
      
	
                Mark
      Mroczkowski

              	 
      	 
      

      

    

    
      
         

      

      
        6Exhibit
10.2

    MEDIANET
GROUP TECHNOLOGIES, INC.

     

    Non-Qualified Stock Option
Agreement

     

    This
Non-Qualified Stock Option Agreement
certifies that, pursuant to the MediaNet Group Technologies, Inc. (the
“Company”) 2010 Omnibus Equity
Compensation Plan (the “Plan”), the Compensation Committee has granted an
option to purchase shares of common stock, par value $.001 per share (the
“Common Stock”) of MediaNet Group Technologies, Inc. as stated below. 
Capitalized terms used herein and not defined shall have the meaning ascribed to
such terms in the Plan.

     

    
      
        
          
            	
                    Optionee:

                  	
                    Mark
      L. Mroczkowski

                  
	 
      	 
      
	
                    Address:

                  	
                    8157
      Saint Andrews Circle

                  
	 
      	
                    Orlando,
      FL 32835

                  
	 
      	 
      
	
                    Number
      of Shares

                  	
                    5
      million shares of the Common Stock (the

                  
	
                    Subject
      to the Option

                  	
                    “Option
      Shares”)

                  
	 
      	 
      
	
                    Option
      Exercise Price:

                  	
                    US$.001
      per share of Common Stock (the “Per

                  
	 
      	
                    Share
      Exercise Price.

                  
	 
      	 
      
	
                    Grant
      Date:

                  	
                    September
      30, 2010 (the “Grant Date”)

                  
	 
      	 
      
	 
      	
                    MEDIANET
      GROUP TECHNOLOGIES, INC.

                  
	 
      	 
      
	
                    Dated:  As
      of September 30, 2010

                  	
                    By: 

                  	 
      
	 
      	 
      	
                    Name:
      Michael Hansen

                  
	 
      	 
      	
                    Title:
      CEO

                  

          

        

      

    

    

    The
undersigned hereby accepts the foregoing option and agrees to the terms and
conditions thereof as described in Exhibit A attached
hereto and made a part hereof.  The undersigned hereby acknowledges receipt
of a copy of the MediaNet Group Technologies, Inc. Omnibus Equity Compensation Plan,
a copy of which is attached hereto as Exhibit B, and agrees
to be bound by the terms of such Plan.

     

    
      	 
      	
              OPTIONEE

            
	 
      	 
      
	
              Dated:  As
      of September 30, 2010

            	
                

            
	 
      	
              Name:
      Mark L. Mroczkowski

            

    

    
      
         

      

      
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    EXHIBIT
A

    

    Terms and conditions of the
Non-Qualified Stock Option Agreement for Employees

    

    Grant of
Option.  MediaNet Group Technologies, Inc., a Nevada corporation
(the “Company”), hereby grants to the Optionee, as of the Grant Date an option
(the “Option”), pursuant to the Plan, to purchase the Option Shares at the Per
Share Exercise Price, purchasable as set forth in and subject to the terms and
conditions of this Option and the Plan.  Except where the context otherwise
requires, the term “Company” shall include all future subsidiaries of the
Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of
1986, as amended or replaced from time to time (the “Code”).

     

    Non-Qualified Stock
Option.  The Option shall constitute and be treated at all times by
the Optionee and the Company as a "non-qualified stock option" for U.S. Federal
income tax purposes and shall not constitute and shall not be treated as an
"incentive stock option" as defined under Section 422(b) of the
Code.

     

    Exercise of Option and
Provisions for Termination; Vesting Schedule.  The Option shall vest
as follows: one million of the Option Shares will vest and become exercisable on
the September 30, 2010; 500,000 of the Option Shares will vest and become
exercisable at the end of each of eight successive calendar quarters
thereafter.  Except as otherwise provided in this Agreement, this Option
may be exercised at any time during the period (the “Exercise Period”)
commencing on September 30, 2010 and terminating on September 30, 2020 (the
“Expiration Date”).  This Option may not be exercised at any time on or
after the Expiration Date.

     

    Exercise
Procedure.  Subject to the conditions set forth in this Agreement
and the Plan, this Option shall be exercised by the Optionee’s delivery of
written notice of exercise to the General Counsel of the Company, specifying the
number of Option Shares to be purchased and the purchase price to be paid
therefor (the “Purchase Price”).  Such notice must be signed and dated and
be accompanied by payment in full of the Purchase Price in accordance with
Section 4 of this Agreement.  Such exercise shall be effective upon receipt
by the General Counsel of the Company of such written notice together with the
Purchase Price.  The Optionee may purchase less than the number of Shares
covered hereby, provided that no partial exercise of this Option may be for any
fractional Share.

     

    Payment of Purchase
Price.  Payment of the Purchase Price for the Shares purchased upon
the exercise of this Option shall be made by delivery to the Company of one or
some combination of the following items of consideration with a value on the
date of exercise equal to the Purchase Price of the subject Shares:

     

    cash;

     

    a
certified check or bank check;

     

    a cash
equivalent instrument that is reasonably acceptable to the Company;
or

     

    shares of
Common Stock (provided that the such shares of Common Stock have been held by
the Optionee (or any other person or persons exercising the Option) for at least
six months).

     

    Delivery of Option
Shares:  Compliance with Securities Law, Etc.

     

    General.  The
Company shall, upon payment of the option price for the number of Option Shares
purchased and paid for, make prompt delivery of such Option Shares to the
Optionee, provided
that if any law or regulation require the Company to take any action with
respect to such Option Shares before the issuance thereof, then the date of
delivery of such Option Shares shall be extended for the period necessary to
complete such action.

     

    Listing Qualifications,
Securities Law Compliance, Etc.  Notwithstanding anything to the
contrary in this Agreement, no shares of Common Stock purchased upon exercise of
the Option, and no certificate representing such shares, shall be issued or
delivered if (a) such shares have not been admitted to listing upon official
notice of issuance on each stock exchange, if any, upon which shares of that
class are then listed, or (b) in the opinion of counsel to the Company,
such issuance or delivery would (i) cause the Company to be in violation of
or to incur liability under any federal, state or other securities law, or any
other requirement of law or any requirement of any stock exchange regulations or
listing agreement to which the Company is a party, or of any administrative or
regulatory body having jurisdiction over the Company or (ii) require
registration (apart from any registrations as have been theretofore completed by
the Company covering such shares) under any federal, state, or other securities
or similar law.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    No Special Employment or
Similar Rights.  Nothing contained in the Plan or this Option shall
be construed or deemed by a person under any circumstances to bind the Company
to continue the employment or other relationship of the Optionee with the
Company for the period within which this Option may be exercised or
otherwise.

     

    Rights as a
Shareholder.  The Optionee shall have no rights as a shareholder
with respect to any Option Shares which may be purchased by exercise of this
Option (including, without limitation, any rights to receive dividends or
non-cash distributions with respect to such Option Shares) unless and until a
certificate representing such Option Shares is duly issued and delivered to the
Optionee.  No adjustment shall be made for dividends or other rights for
which the record date is prior to the date such certificate is
issued.

     

    Adjustment
Provisions.

     

    General.  If,
through or as a result of any consolidation of shares of Common Stock, merger or
consolidation of the Company or its Subsidiaries or sale or other disposition by
the Company or its Subsidiaries of all or a portion of its assets, any other
change in the Company's or its Subsidiaries' corporate structure, or any
distribution to shareholders other than a cash dividend results in the
outstanding shares of Common Stock, or any securities exchanged therefor or
received in their place, being exchanged for a different number or class of
shares of Common Stock or other securities of the Company, or for shares of
Common Stock or other securities of any other Company; or new, different or
additional shares or other securities of the Company or of any other Company
being received by the holders of outstanding shares of Common Stock, the
Optionee shall, with respect to this Option or any unexercised portion hereof,
be entitled to the rights and benefits, and be subject to the limitations, set
forth in the Plan.

     

    Board Authority to Make
Adjustments.  Any adjustments under this Section 8 will be made by
the Board of Directors, whose determination as to what adjustments, if any, will
be made and the extent thereof will be final, binding and conclusive.  No
fractional Shares will be issued pursuant to this Option on account of any such
adjustments.

     

    Withholding Taxes. 
The Company’s obligation to deliver Option Shares upon the exercise of
this Option shall be subject to the Optionee’s satisfaction of all applicable,
federal, state and local income and employment tax withholding
requirements.

     

    Financial Restatements Due
to Intentional Misconduct or Gross Negligence.

     

    (a)           In
the event that the Board of Directors determine (the “Board Determination”) that
the Optionee’s intentional misconduct or gross negligence directly or indirectly
caused or contributed to a restatement of the Company’s consolidated financial
statements due to the material non-compliance of the Company with any financial
reporting requirement under the U.S. federal securities laws, whether such
restatement is required by law or the Board of Directors determines, in its
discretion, such restatement is necessary or desirable to serve the best
interests of the Company, then any vested and unvested Options then held by the
Optionee that were granted during the three month period prior to or the nine
month period following the first public issuance or filing with the Securities
Exchange Commission (whichever occurs first) of the incorrect financial
statements shall be immediately cancelled and rendered null and void without any
payment therefor. In addition, for any Options that were exercised during the
nine month period following the first public issuance or filing with the
Securities Exchange Commission (whichever occurs first) of the incorrect
financial statements (the “Covered Options”), the Optionee shall be required to
repay or otherwise reimburse the Company, upon demand, an amount in cash or
shares of Common Stock having a value equal to the amount described in clause
(i), (ii) or (iii) below, depending on whether the Optionee still holds the
Option Shares acquired upon exercise of the Covered Options:

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    (i)           to
the extent that such Option Shares have been sold, the difference between the
aggregate proceeds received from such sale of such Option Shares over the
aggregate Option Exercise Price for such Option Shares,

     

    (ii)          to
the extent that such Option Shares have been transferred otherwise than for
value (ex. a transfer by gift, a transfer upon death), the difference between:
(x) the greatest of (a) the Fair Market Value (as defined in the Plan) of such
Option Shares on the date the Covered Options were exercised, (b) the Fair
Market Value of such Option Shares on the date the Option Shares underlying the
Covered Options were transferred and (c) the Fair Market Value of such Option
Shares on the date of the Board Determination and (y) the aggregate Option
Exercise Price with respect to such Option Shares; and/or

     

    (iii)         to
the extent that such Option Shares have not been sold or otherwise transferred
at the time the Company demand is made, the difference between: (x) the greater
of (a) the Fair Market Value of such Option Shares on the date the Covered
Options were exercised and (b) the Fair Market Value of such Option Shares on
the date of the Board Determination and (y) the aggregate Option Exercise Price
with respect to such Option Shares.

     

    (b)          This
section does not constitute the Company’s exclusive remedy for the Optionee’s
commission of intentional misconduct or gross negligence.  The Company may
seek any additional legal or equitable remedy, including injunctive relief, for
any such violations. The provisions in this section are essential economic
conditions to the Company’s grant of Options to the Optionee. By receiving the
grant of Options hereunder, the Optionee agrees that the Company may deduct from
any amounts it owes the Optionee from time to time (such as wages or other
compensation, deferred compensation credits, vacation pay, any severance or
other payments owed following a Termination of Employment, as well as any other
amounts owed to the Optionee by the Company) to the extent of any amounts the
Optionee owes the Company under this section. The provisions of this section and
any amounts repayable by the Optionee hereunder are intended to be in addition
to any rights to repayment the Company may have under Section 304 of the
Sarbanes-Oxley Act of 2002 and other applicable law.

     

    Representations. 
The Optionee represents, warrants and covenants that:

     

    Any
Option Shares purchased upon the exercise of this Option shall be acquired for
the Optionee’s account for investment only, and not with a view to, or for sale
in connection with, any distribution of the Option Shares in violation of the
Securities Act, or any rule or regulation under the Securities Act.

     

    The
Optionee has had such opportunity as he or she has deemed adequate to obtain
from representatives of the Company such information as is necessary to permit
the Optionee to evaluate the merits and risks of his or her investment in the
Company.

     

    The
Optionee is able to bear the economic risk of holding such Option Shares
acquired pursuant to the exercise of this Option for an indefinite
period.

     

    The
Optionee understands the tax consequences of the granting of the Option, the
acquisition of rights to exercise the Option with respect to any Option Shares,
the exercise, release or other disposal of the Option and purchase of Option
Shares hereunder, and the subsequent sale or other disposition of any Option
Shares acquired hereunder.  In addition, the Optionee understands that the
Company may be required to pay, or account for taxes in respect of any
compensation income, or other income or gain realized by the Optionee upon
exercise of the Option granted hereunder.  To the extent that the Company
is required to pay, account for or withhold any such taxes, then, unless both
the Optionee and the Company have otherwise agreed upon alternate arrangements,
the Optionee hereby agrees that the Company may deduct from any payments of any
kind otherwise due to the Optionee an amount equal to the total taxes required
to be so paid, accounted for or withheld (as permitted by law), or if such
payments are inadequate to satisfy such taxes, or if no such payments are due or
to become due to the Optionee, then the Optionee agrees to provide the Company
with cash funds or make other arrangements satisfactory to the Company regarding
such payment.  It is understood that all matters with respect to the total
amount of taxes to be withheld in respect of any such compensation income shall
be determined by the Company in its sole discretion.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    By making
payment upon exercise of this option, the Optionee shall be deemed to have
reaffirmed, as of the date of such payment, the representations made in this
Section 12.

     

    Restrictions on Transfer of
Option Shares.

     

    The
Optionee hereby acknowledges and agrees that the Option shall not be
transferable by the Optionee other than by will or by the laws of descent and
distribution, and shall be exercisable during the lifetime of the Optionee only
by him or by his guardian or legal representative.

     

    The
Optionee hereby acknowledges that in connection with any public offering of the
Company’s Common Stock, the underwriters for the Company may require that the
Company's officers, directors, and/or certain other shareholders not sell their
Shares for a certain period of time before or after the effectiveness of any
registration statement of the Company filed in connection with such
offering.  The Optionee hereby agrees that upon the Company's request in
connection with any such public offering, that the Optionee will not, directly
or indirectly, offer, sell, contract to sell, make subject to any purchase
option, or otherwise dispose of any Option Shares for a period requested by the
underwriter or its representative, not to exceed ten (10) days before and 90
days after the date of the effectiveness of any such registration statement,
without the prior written consent of the underwriter or its
representative.

     

    Legends.  All
stock certificates representing Option Shares issued to the Optionee upon
exercise of this Option shall have affixed thereto legends substantially in the
following form, in addition to any other legends required by applicable state
law:

     

    “The
shares of stock represented by this certificate are subject to certain
restrictions on transfer contained in an Option Agreement, a copy of which will
be furnished upon request by the issuer.” 

     

    Termination of
Employment.  The Option shall lapse and cease to be exercisable
within three months following a Termination of Employment for any reason (the
“Termination Exercise Period”).  Upon a Termination of Employment of the
Optionee other than (i) by the Company for cause or (ii) by the Optionee without
good reason, the Option granted hereunder, to the extent not previously
exercisable and vested, shall become immediately exercisable and fully vested in
accordance with its terms.  Notwithstanding the foregoing, the
Termination Exercise Period shall be extended to three years and the Option
granted hereunder, to the extent not previously exercisable and vested, shall
become immediately exercisable and fully vested in accordance with its terms, in
the event employment shall have terminated:

     

    
      	
               
      

            	
              (i)

            	
              as
      a result of Retirement or Disability;
and

            

    

     

    
      	
               
      

            	
              (ii)

            	
              as
      a result of death, or if death shall have occurred during the Termination
      Exercise Period.

            

    

     

    The
Compensation Committee reserves the right to cancel or suspend the Option
granted hereunder if the Optionee is terminated for cause or the Compensation
Committee determines that the Optionee is competing or has competed with the
Company as set forth in Sections 3.15 and 14.2 of the Plan.

     

    Effectiveness of the Grant
of the Option.  The grant of the Option by the Company to the
Optionee shall not become effective until the Optionee executes the cover page
of this Agreement and returns this Agreement with the executed cover page to the
Company.  In the event the Optionee fails to execute and return this
Agreement to the Company within one month after the Grant Date, this Agreement
shall immediately terminate in all respects and this Agreement shall immediately
cease to be an operative contract.

     

    Plan
Documents.  This Agreement is qualified in its entirety by
reference to the provisions of the Plan, as amended from time to time, which are
hereby incorporated herein by reference.  The interpretation and
construction by the Compensation Committee of the Plan, this Agreement, the
Option granted hereunder, and such rules and regulations as may be adopted by
the Compensation Committee for the purpose of administering the Plan, shall be
final, binding and conclusive.  Until the Option shall expire,
terminate, or be exercised in full, the Company shall, upon written request
therefor, send a copy of the Plan, in its then-current form, to the Optionee or
any other person or entity then entitled to exercise the
Options.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    Miscellaneous.

     

    This
Agreement may (except as provided in the Plan) only be amended, altered or
modified by a written instrument signed by the parties hereto, or their
respective successors, and it may not be terminated (except as provided herein
or in the Plan).

     

    All
notices under this Option shall be mailed or delivered by hand to (i) the
Company at the address set forth below, (ii) the Optionee at the address set
forth on the first page of this option, or (iii) at such other address as may be
designated in writing by either of the parties to one another.

     

    
      
        	
                If
      to the Company:

              	
                Andreas
      Kusche

              
	 
      	
                MediaNet
      Group Technologies, Inc.

              
	 
      	
                5200
      Town Center Circle, Suite 601

              
	 
      	
                Boca
      Raton, FL 33486

              
	 
      	 
      
	
                If
      to the Optionee:

              	
                See
      address of Optionee on the cover page of this
  Agreement.

              

      

    

    

    Applicable
Law.  This Option shall be governed by and construed in
accordance with the laws of the State of Florida, but without regard to the
principle of conflict of laws thereof.  If any one or more provisions
of this Agreement shall be found to be illegal or unenforceable in any respect,
the validity and enforceability of the remaining provisions hereof shall not in
any way be affected or impaired thereby.  The parties hereto hereby
submit themselves to the exclusive jurisdiction of the state or Federal courts
located in Palm Beach County, Florida and (a) agree and acknowledge that any
claim, action or proceeding regarding the Company or this Agreement shall be
brought in such courts, and (b) hereby waive any objections to such venue,
including, without limitation, any objections based on such venue being an
inconvenient forum.

     

    Entire
Agreement.  This Agreement constitutes the entire agreement
between the Company and the Optionee and supersedes any prior agreements and
understandings, oral or written, between the Company and the Optionee concerning
the subject matter of this Agreement.

     

    Construction.  The
section headings contained in this Agreement are for reference only and shall
have no effect on the interpretation of any of the provisions of this
Agreement.

     

    Successors and
Assigns.  This Agreement shall be binding upon and inure to the
benefit of the successors and assigns of the Company and upon the legal
representatives, executors, administrators, heirs, legatees and any permitted
assignee of the Optionee.

    
      
         

      

      
        6

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