Document:

EX-10.30

 Exhibit 10.30 
  

 
 Personal and Confidential 

December 18, 2009 
 Russell Smith 

            
                             

               
                          

Dear Russell: 
 It is my pleasure to extend to you a formal
offer to join Edgewater Technology – Fullscope, Inc., a Delaware corporation and wholly-owned subsidiary of Edgewater Technology, Inc. (“Edgewater Technology”) as the Senior Vice President of the Edgewater Technology – Fullscope
subsidiary reporting to Shirley Singleton. You will receive a bi-weekly gross salary of $7,407.41 (annualized to $200,000,00) payable in accordance with the Company’s normal payroll procedures. 

Your targeted annual contingent compensation for fiscal year 2010 is $100,000.00 and the targets for achieving such bonus will be determined after you come on
board through the annual business planning process. All bonus plans and percentages are determined annually during the planning process and are subject to change. In the case of all bonuses, you must be employed by the Company on the date any bonus
is paid in order to be eligible to receive it. 
 In addition to the compensation components discussed above, you will be granted 15,000 restricted shares
in accordance with the 2003 Stock Option Plan. Vesting occurs over a five year period. 20% vests annually from the date of the grant. At the end of the 12-month period following your date of hire, subject to
your continued employment with the Company, you will be eligible to earn additional stock option grants based on EBITDA performance of the Edgewater Technology – Fullscope subsidiary as outlined in Exhibit A. These stock option grants will vest
33% per year from the date of the grant provided you remain employed with the Company. 
 In the event your employment is terminated for anything other than
“Just Cause”, you will be eligible to receive salary continuation for a period of three (3) months. For purposes of this Agreement, “Just Cause” shall mean termination of the employee’s employment by the Company because
of (a) repeated and willful refusal to comply with reasonable and explicit directives from the Company, (b) willful and repeated breach or habitual neglect of your material duties or responsibilities as an employee (defined as the
commission by the employee of a felony or the perpetration by the employee of a dishonest act or fraud or break by the employee of any obligations under the Confidentiality and Non-Disclosure Agreement or the
Key Stockholder Non-Competition Agreement), or (c) the failure to perform your duties in a satisfactory manner. 

Edgewater Technology, Inc. 
 Corporate
Headquarters 
 20 Harvard Mill Square 
 Wakefield, MA
01880-3260 

               
              
                              
 www.edgewater.com 

 At this time, all Fullscope employees will remain on their current health, dental and vision plans. With the
exception of those benefits, provided you meet the eligibility criteria, you and your covered dependents will be eligible to participate in Edgewater Technology’s benefit programs. The extent of this coverage will depend on the options which
you select. A summary of the benefit programs is enclosed for your review, Of course, all such benefits are governed solely by the terms and conditions of the applicable plans relating to such benefits. 

This offer is expressly contingent upon the satisfactory completion and approval of background and reference checking and the execution and delivery of the
attached Employee Confidentiality and Non-Disclosure Agreement. To confirm your acceptance of this offer, please sign and return one (1) copy of this letter, one (1) copy of the Employee
Confidentiality and Non-Disclosure Agreement, the Employment Application and the Background Check Disclosure and Consent Form in the self-addressed Federal Express envelope within one week of the date of this
letter. 
 Your employment is contingent upon completing the Form 1-9 (Employment Eligibility Verification) and
providing the required documentation establishing your legal right to work in the U.S. Please bring proper documentation on your first day of employment. 

Of course, as with all employment with Edgewater Technology, you will be an employee at will. You therefore can resign from your employment at any time, for
any reason. Likewise, Edgewater Technology can terminate the employment relationship at any time, for any reason or no reason, with or without cause and with or without notice. 

We are enthusiastic about the prospect of your joining Edgewater Technology and look forward to a mutually beneficial relationship. 

Sincerely, 
 /s/ Kristin L.
Zaepfel                 
 Kristin L. Zaepfel 

Vice President, Human Resources 
 I have read and understand the
provisions of this letter and intend to join Edgewater Technology as proposed. 
  

					
	 

	  		  	1/11/2010
	  		  	 Date

  
 2 

 Exhibit A 
  

													
	 EBITDA

Growth
	  	EBITDA
Target	 	  	Total
Option
Value	 	  	Russell
Option
Value	 
	 10.0%
	  	 	2,750,000	 	  	 	62,500	 	  	 	                	 
	 15.0%
	  	 	2,875,000	 	  	 	93,750	 	  	 	                	 
	 20.0%
	  	 	3,000,000	 	  	 	125,000	 	  	 	                	 
	 25.0%
	  	 	3,125,000	 	  	 	156,250	 	  	 	                	 
	 30.0%
	  	 	3,250,000	 	  	 	187,500	 	  	 	                	 
	 35.0%
	  	 	3,375,000	 	  	 	218,750	 	  	 	                	 

 At the end of the 12-month period following your date of hire, subject to your
continued employment with the Company, you will be eligible to earn additional stock option grants based upon the Edgewater Technology - Fullscope subsidiary EBITDA performance as outlined above. These stock option grants will vest 33% per year
provided you remain employed with the Company. 

  
 3Converted by EDGARwiz

PURCHASE AGREEMENT

This purchase agreement (the "Agreement") dated on October 2, 2017

BETWEEN (the “Seller”) of the first part:  Hewlett Packard Co., Ltd. 

(324 Xian Dao, Weicheng Qu, Xianyang Shi, Shaanxi Sheng, 710000, China)

AND (the “Buyer”) of the second part:  Minaro Corp.  

(Kleonos 8A, Lakatameia, 2333, Cyprus)

In consideration of the covenants and agreements contained in this Purchase Agreement the parties to this Agreement agree as follows:

Purchase of Goods

The Buyer will purchase from the Seller the following goods (the “Goods”): Laptop, UHD Monitor, Capture Pen and Touch Tablet, AutoCAD, Adobe Photoshop and other equipment and software.

Purchase Price

1)

The Seller will sell, transfer and deliver the Goods to the Buyer. The Buyer will pay to the Seller the sum in USD currency, which will be specified in the invoice to each order of the Goods, paid by wire transfer.

2)

The Buyer will make payment by wire transfer for the Goods at the terms specified in the invoice but not less than 50% of the invoice amount.

Delivery of Goods

The Goods will be deemed received by the Buyer when delivered to the Buyer at 39 Markou Mpotsari, Kaimakli, 1037 Nicosia, Cyprus. The method of shipment will be door-to-door shipment, from the warehouse of the Seller to the place of delivery of the Buyer, specified as DDP (Delivered duty paid) in accordance to Incoterms (International Commercial Terms 2010, CC. Retrieved March 14, 2014). The Seller will be responsible for all shipping services until the goods will be deemed received by the Buyer.

Risk of Loss

3)

Risk of loss will be on the Seller until the goods will be deemed received by the Buyer. 

Warranties

4)

The Seller assumes and can authorize other person to assume on the behalf of the Seller liability in connection with the sale of the Goods. 

5)

The Buyer has been given the opportunity to inspect the Goods or to have it inspected. Further, the Seller warranties acceptable conditions of the Goods.

Title

6)

Title to the Goods will remain with the Seller until delivery and actual receipt of the Goods by the Buyer or, in the alternative, the Seller delivers a document of title or registrable Bill of Sale of the Goods, bearing any necessary endorsement, to the Buyer.

Security Interest

7)

The Seller retains a security interest in the Goods until paid in full.

Inspection

8)

The Buyer will make inspection at the time and place of delivery.

Claims

9)

In case of quality discrepancy, claim should be filed by the Buyer within 3 days after the arrival of goods at place of destination and 7 days for quantity discrepancy.

Excuse of Delay or Failure to Perform

10)

The Seller will be liable in any way for any delay, non-delivery or default in shipment due to labor disputes, transportation shortage, delays in receipt of material, priorities, fires, accidents and other causes beyond the control of the Seller or its suppliers. If the Seller, in its sole judgment, will be prevented directly or indirectly, on account of any cause beyond its control, from delivering the Goods at the time specified or within one month after the date of this Agreement, then the Seller will have the right to terminate this Agreement by notice in writing to the Buyer, which notice will be accompanied by full refund of all sums paid by the Buyer pursuant to this Agreement.

Cancellation

11)

The Seller reserves the right to cancel this Agreement:

A.

If the Buyer fails to pay for any shipment when due;

B.

In the event of the Buyer's insolvency or bankruptcy; or

C.

If the Seller deems that its prospect of payment is impaired.

Notices

1)

Any notice to be given or document to be delivered to either the Seller or Buyer pursuant to this Agreement will be sufficient if delivered personally or sent by prepaid registered mail to the address specified below. 

SELLER: 324 Xian Dao, Weicheng Qu, Xianyang Shi, Shaanxi Sheng, 710000, China.

BUYER: Kleonos 8A, Lakatameia, 2333, Cyprus

General Provisions

2)

Headings are inserted for the convenience only and arc not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.

3)

All representations and warranties of the Seller contained in this Agreement will survive the closing of this Agreement.

4)

The Buyer may not assign its right or delegate its performance under this Agreement without the prior written consent of the Seller, and any attempted assignment or delegation without such consent will be void. An assignment would change the duty imposed by this Agreement, would increase the burden or risk involved and would impair the chance of obtaining performance or payment.

5)

This Agreement cannot be modified in any way except in writing signed by all the parties to this Agreement.

6)

If any clause of this Agreement is held unconscionable by any court of competent jurisdiction, arbitration panel or other official finder of fact, the clause will be deleted from this Agreement and the balance of this Agreement will remain in full force and effect.

7)

This Agreement will inure to the benefit of and be binding upon the Seller and the Buyer and their respective successors and assigns.

8)

This Agreement may be executed in counterparts. Facsimile signatures are binding and are considered to be original signatures.

9)

Time is of the essence in this Agreement.

10)

This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral or otherwise. 

IN WITNESS WHEREOF the parties have executed this Purchase Agreement on October 2, 2017

		
	The “Seller”

	The “Buyer”

	/s/ Deng Tao

	/s/ Yulia Lazaridou

	Hewlett Packard Co., Ltd.

	Minaro Corp.

	324 Xian Dao, Weicheng Qu, Xianyang Shi, Shaanxi Sheng, 710000, China.

	Kleonos 8A, Lakatameia, 

2333, Cyprus.

1

   Hewlett Packard Co., Ltd.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00282-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00282-of-00352.parquet"}]]