Document:

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                                                                    Exhibit 10.2

                                                               Execution Version

                              EMPLOYMENT AGREEMENT

          THIS EMPLOYMENT AGREEMENT (this "Agreement") is made as of January 7,
2005 by and between GMH Holding Company, a Delaware corporation (the "Company"),
and Gerard Parker ("Executive").

          WHEREAS, this Agreement is being entered into in connection with the
consummation of the transactions contemplated by the Agreement and Plan of
Merger dated as of December 23, 2004 (as amended from time to time, the "Merger
Agreement") by and between Gallarus Media Holdings, Inc. ("Gallarus"), the
Company, GMH Acquisition Corp., and solely for certain limited purposes, ABRY
Partners, LLC. Capitalized terms used herein and not otherwise defined have the
meanings assigned to such terms in Section 14 hereof.

          In consideration of the mutual covenants contained herein and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

          1. Employment. The Company will employ Executive, and Executive
accepts employment with the Company, upon the terms and conditions set forth in
this Agreement, for the period beginning on the date of the closing of the
merger contemplated by the Merger Agreement and ending as provided in Section 5
(the "Employment Period").

          2. Position and Duties. During the Employment Period, Executive will
serve as the Chief Financial Officer of the Company and its Subsidiaries, and
render such managerial, supervisory and other executive services to the Company
and its Subsidiaries as are from time to time necessary in connection with the
management and affairs of the Company and its Subsidiaries, in each case subject
to the authority of the Board of Directors of the Company (the "Board").
Executive will devote his best efforts and substantially all of his business
time and attention (except for permitted vacation periods and reasonable periods
of illness or other incapacity) to the business and affairs of the Company and
its Subsidiaries. Executive will report directly to the Chief Executive Officer.
Executive will perform his duties and responsibilities to the best of his
abilities in a trustworthy and businesslike manner.

          3. Salary and Benefits.

          (a) Salary. During the Employment Period, the Company will pay
Executive an amount equal to $250,000 per annum (as in effect from time to time,
the "Salary") as compensation for services. The Salary will increase per annum
by an amount equal to 5% of the annual amount of the Salary in effect prior to
such increase, effective on the first day of January of each year, starting on
January 1, 2006. The Salary will be payable in regular installments in
accordance with the general payroll practices of the Company and its
Subsidiaries.

          (b) Benefits. During the Employment Period, the Company shall provide
Executive with family health and dental, life, long-term disability and
Directors' and Officers' liability insurance and other benefits offered under
such plans as the Board may establish or maintain from time to time for senior
executive officers of the Company and its Subsidiaries

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(collectively, the "Benefits"). Executive shall be entitled to four (4) weeks of
paid vacation each year.

          (c) Reimbursement of Expenses. During the Employment Period, the
Company will reimburse Executive for all reasonable out-of-pocket expenses
incurred by him in the course of performing his duties under this Agreement
which are consistent with the Company's policies in effect from time to time
with respect to travel, entertainment and other business expenses. Reimbursement
by the Company for the expenses set forth above will be subject to the Company's
requirements with respect to reporting and documentation of such expenses.

          4. Performance Bonus and Other Bonus.

               (a) For the fiscal year ended March 31, 2005, Executive shall be
eligible to receive (i) a bonus (the "2005 Performance Bonus I") in an amount
not to exceed 17.5% of the average Salary in effect during such fiscal year
based on the degree to which the Company's EBITDA for such fiscal year meets
$26,741,000 ("Target I" and (ii) a bonus (the "2005 Performance Bonus II") in an
amount not to exceed 11.66% of the average Salary in effect during such fiscal
year based on the degree to which the Company's EBITDA for such fiscal year
meets Budget Target (as defined in Section 4(c) below), in each case as follows:

<TABLE>
<CAPTION>
                                              AMOUNT OF 2005 PERFORMANCE BONUS I OR II
PERCENTAGE OF TARGET I OR BUDGET TARGET    (AS APPLICABLE) (AS A % OF THE AVERAGE SALARY
   (AS APPLICABLE) ACTUALLY ACHIEVED             IN EFFECT DURING SUCH FISCAL YEAR)
---------------------------------------   -----------------------------------------------
<S>                                       <C>
Less than 90%                             0%

At least 90% but no more than 100%        (% of Target I or Budget Target (as applicable)
                                          Actually Achieved - 90%)/2

Greater than 100% but no more than 120%   6.66% + (% of Target I or Budget Target (as
                                          applicable) Actually Achieved - 100%)/4

Greater than 120%                         11.66%
</TABLE>

               (b) For each fiscal year of the Employment Period, other than the
fiscal year ended March 31, 2005, Executive shall be eligible to receive a bonus
("Performance Bonus") in an amount not to exceed 50% of the average Salary in
effect during such fiscal year based on the degree to which the Company's EBITDA
for such fiscal year meets the Performance Bonus Target (as defined in Section
4(c) below) as follows:

<TABLE>
<CAPTION>
 PERCENTAGE OF PERFORMANCE BONUS   AMOUNT OF PERFORMANCE BONUS (AS A % OF THE AVERAGE
    TARGET ACTUALLY ACHIEVED            SALARY IN EFFECT DURING SUCH FISCAL YEAR)
--------------------------------   --------------------------------------------------
<S>                                <C>
Less than 90%                                                0%

At least 90% but less than 100%                           6.66%

At least 100% but less than 110%                         16.66%

At least 110% but less than 120%                         33.33%

At least 120% or greater                                    50%
</TABLE>

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In calculating EBITDA for purposes of this subsection (b), any businesses
acquired during the relevant period will be given effect as though such
acquisition had occurred at the beginning of the relevant period.

               (c) Any 2005 Performance Bonus I, 2005 Performance Bonus II, or
Performance Bonus earned by Executive shall be paid promptly after delivery to
the Board of the audited financial statements for the fiscal year in question.
As used herein, the term "Budget Target" shall mean EBITDA in the amount set
forth in the annual budget adopted by the Board for the fiscal year ended March
31, 2005. As used herein, the term "Performance Bonus Target" shall mean EBITDA
in the amount set forth in the annual budget adopted by the Board after
consultation with Executive for the fiscal year in question.

          5. Termination.

          (a) The Employment Period will commence upon consummation of the
merger contemplated by the Merger Agreement and will continue until the earlier
of: (i) the fifth anniversary of the date hereof; (ii) Executive's resignation,
death or disability or other incapacity (as reasonably determined by the Board
in good faith, such determination being based upon the report of a physician
selected by the Board and reasonably acceptable to Executive if Executive so
requests. In such event, Executive agrees to make himself reasonably available
for examination by the physician selected by the Board); or (iii) the giving of
notice of termination by the Company or a majority of the members of the Board
(A) for Cause or (B) for any other reason or for no reason (a termination
described in this clause (iii) (B) being a termination by the Company "Without
Cause"); provided, however, that, notwithstanding anything to the contrary
contained herein, in the event the Merger Agreement is terminated without
consummation of the merger thereunder, this Agreement will automatically
terminate without any liability or obligation on the part of either party
hereunder. For the purposes of this Agreement, "Cause" shall mean (a) conviction
of, or a plea of guilty or no-contest or similar plea with respect to, a felony
or the commission of any act or omission involving actual fraud or embezzlement
with respect to the Company or any of its Subsidiaries, (b) conduct bringing the
Company or any of its Subsidiaries into substantial public disgrace or
disrepute, (c) willful misconduct or breach of fiduciary duty with respect to
the Company or any of its Subsidiaries or (d) material breach of Section 2, 7 or
8 of this Agreement (provided, that to the extent a material breach of Section 2
of this Agreement may be cured, Executive shall have 20 business days to cure
such breach from the date on which the Board delivers written notice to
Executive reasonably identifying such breach).

          (b) In the event of Executive's resignation (other than within 30 days
of a Good Reason Event), death, disability or other incapacity or the
termination of the Employment Period for Cause or in connection with a Sale of
the Company, Executive will not be entitled to receive his Salary or any fringe
benefits or Performance Bonus for periods after the termination of the
Employment Period but, in the case of death, disability or other incapacity,
Executive will be entitled to receive a pro rata portion of his Performance
Bonus for the period during which Executive was employed by the Company at the
time the Performance Bonus would normally be paid and based upon the Company's
actual performance for the relevant fiscal year. In the event the Employment
Period is terminated by the Company Without Cause, or by Executive within 30

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days after a Good Reason Event, then so long as Executive continues to comply
with Sections 7, 8 and 9, Executive shall be entitled to receive (i) severance
payments in an aggregate amount equal to two year's Salary based on the Salary
in effect at the time the Employment Period is terminated and (ii) Benefits at
the same level and on the same terms as they are provided from time to time to
the Company's senior management employees, for a period equal to two years from
the date of such termination. Any such severance payments paid to Executive by
the Company will be paid in equal monthly installments; provided, that Executive
shall be required to sign a release of all past, present and future claims
against CVC and the NCI Companies as a condition to receiving such payments and
benefits.

          6. Resignation as Officer or Director. Upon the termination of the
Employment Period, Executive will resign each position (if any) that he then
holds as an officer or director of the Company or any of its Subsidiaries
(including his membership on the Board).

          7. Confidential Information. Executive acknowledges that the
information, observations and data that have been or may be obtained by him
during his employment relationship with, or through his involvement as a
stockholder or director of, the Company or any Subsidiary or predecessor thereof
(each of the Company, any Subsidiary or affiliate or any such affiliate
predecessor being an "NCI Company"), prior to and after the date of this
Agreement concerning the business or affairs of the NCI Companies (collectively,
"Confidential Information") are and will be the property of the NCI Companies.
Therefore, Executive agrees that he will not disclose to any unauthorized Person
or use for the account of himself or any other Person any Confidential
Information without the prior written consent of the Company (by the action of
the Board), unless and to the extent that such Confidential Information has
become generally known to and available for use by the public other than as a
result of Executive's improper acts or omissions to act, or is required to be
disclosed by law. Executive will deliver or cause to be delivered to the Company
at the termination of the Employment Period, or at any other time the Company or
any of its predecessors or Subsidiaries may request, all memoranda, notes,
plans, records, reports, computer tapes and software and other documents and
data (and copies thereof) containing or relating to Confidential Information or
the business of any NCI Company which he may then possess or have under his
control.

          8. Non-Compete, Non-Solicitation.

          (a) Non-Compete. Executive acknowledges that during his employment
relationship with, or through his involvement as a stockholder or director of,
any NCI Company he has and will become familiar with trade secrets and other
Confidential Information concerning such NCI Companies, and with investment
opportunities relating to the Business, and that his services have been and will
be of special, unique and extraordinary value to the foregoing entities.
Therefore, Executive agrees that, during the Employment Period and for a period
of two years thereafter (the "Noncompete Period"), he will not directly or
indirectly own, manage, control, participate in, consult with, render services
for, or in any other manner engage in any business, or as an investor in or
lender to any business (in each case including on his own behalf or on behalf of
another Person) which constitutes or is competitive with the Business (as and
where the same is conducted or proposed to be conducted (if actions have been
taken by any NCI Company to implement the proposed business) by the NCI
Companies during the Employment Period, or as of the end of the Employment
Period if the Employment Period has

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then ended). Nothing in this Section 8 will prohibit Executive from being a
passive owner of less than 5% of the outstanding stock of a corporation of any
class which is publicly traded, so long as Executive has no direct or indirect
participation in the business of such corporation. By initialing in the space
provided below, Executive acknowledges that he has read carefully and had
the opportunity to consult with legal counsel regarding the provisions of this
Section 8(a). _________ [INITIAL].

          (b) Non-Solicitation. During the Noncompete Period, Executive will not
directly or indirectly (i) induce or attempt to induce any employee, any
individual who has agreed to be or within one year of such solicitation,
employment, offer, retention, interference or enticement has been, employed or
retained by any NCI Company, or any independent contractor (including, without
limitation, any independent distributor or associate publisher) of any NCI
Company to leave the employ or contracting relationship with such entity, or in
any way interfere with the relationship between any such entity and any employee
or full-time independent contractor thereof, or (ii) induce or attempt to induce
any customer, supplier or other business relation of any NCI Company to cease
doing business with such entity or in any way interfere with the relationship
between any such customer, supplier or other business relation and such entity.
So long as Executive complies with Sections 7 and 8(a), nothing in this Section
8(b) is intended to prohibit the Executive or any Person with which he becomes
affiliated after the Employment Period from doing business with customers,
suppliers, independent contractors and other business relations of any NCI
Company. By initialing in the space provided below, Executive acknowledges that
he has read carefully and had the opportunity to consult with legal counsel
regarding the provisions of this Section 8(b). ________ [INITIAL].

          9. Enforcement. The Company and Executive agree that if, at the time
of enforcement of Section 7 or 8, a court holds that any restriction stated in
any such Section is unreasonable under circumstances then existing, then the
maximum period, scope or geographical area reasonable under such circumstances
will be substituted for the stated period, scope or area. Because Executive's
services are unique and because Executive has access to information of the type
described in Sections 7 and 8, the Company and Executive agree that money
damages would be an inadequate remedy for any breach of Section 7 or 8.
Therefore, in the event of a breach of Section 7 or 8, any NCI Company may, in
addition to other rights and remedies existing in their favor, apply to any
court of competent jurisdiction for specific performance and/or injunctive or
other relief in order to enforce, or prevent any violations of, the provisions
of Section 7 or 8. The provisions of Sections 7, 8 and 9 are intended to be for
the benefit of each NCI Company and their respective successors and assigns,
each of which may enforce such provisions and each of which (other than the
Company) is an express third-party beneficiary of such provisions and this
Agreement generally. Sections 7, 8 and 9 will survive and continue in full force
in accordance with their terms notwithstanding any termination of the Employment
Period. By initialing in the space provided below, Executive acknowledges that
he has read carefully and had the opportunity to consult with legal counsel
regarding the provisions of this Section 9. ________ [INITIAL].

          10. Management Equity.

          (a) Executive will be given the opportunity to acquire 1.5% of the
Company's fully-diluted common equity (calculated based on the shares
outstanding at the time of the

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closing under the Merger Agreement and giving effect to the dilution resulting
from the full 7.5% pool expected to be granted) in the form of Class A Common
Stock of the Company from a pool of 7.5% of the Company's fully-diluted common
equity that is expected to be available to the management team pursuant to a
plan approved by the Board, which equity will vest over time so long as the
Executive remains employed by the Company.

          (b) Executive will also be given the opportunity to acquire an
additional 1.0% of the Company's fully-diluted common equity (calculated based
on the shares outstanding at the time of the closing under the Merger Agreement
and giving effect to the dilution resulting from the full 7.5% pool expected to
be granted as described in subparagraph (a) above and giving effect to dilution
resulting from the full 2.5% pool expected to be granted as described in this
subparagraph (b)) in the form of Class A Common Stock from a pool of 2.5% of the
Company's fully-diluted common equity that is expected to be available to the
senior management pursuant to a plan approved by the Board, which equity
Executive will become entitled to receive at such time as Citigroup Venture
Capital Equity Partners, L.P. ("CVC") actually realizes an agreed upon return
for its equity invested (0.75% at a gross IRR of 20%, 0.3% at a gross IRR of 25%
and 0.45% at a gross IRR of 35%) or is deemed to have received such return based
on the price, to the public of the Company's equity at the time of its initial
public offering.

          11. Co-Investment Right. Executive will exchange securities in
Gallarus immediately prior to the consummation of the merger contemplated by the
Merger Agreement with a value (as determined based on the implied value for such
securities under the Merger Agreement) for shares of Class L Common Stock of the
Company at the same per share price as that being acquired by CVC and shares of
Class A Common Stock of the Company at a per share price of $1 per share in the
same proportion as will be exchanged by Dan McCarthy. Executive agrees to enter
into a Securities Purchase and Holders Agreement substantially in the form
previously presented to Executive which agreement will govern certain of
Executive's rights, restrictions and obligations with respect to Executive's
ownership of common stock of the Company.

          12. Representations and Warranties of Executive. Executive represents
and warrants to the Company and its Subsidiaries as follows:

          (a) Other Agreements. Executive is not a party to or bound by any
employment, noncompete, nonsolicitation, nondisclosure, confidentiality or
similar agreement with any other Person which would materially affect his
performance under this Agreement.

          (b) Authorization. This Agreement when executed and delivered shall
constitute a valid and legally binding obligation of Executive, enforceable
against Executive in accordance with its terms.

          13. Survival of Representations and Warranties. All representations
and warranties contained herein shall survive the execution and delivery of this
Agreement.

          14. Certain Definitions. When used herein, the following terms shall
have the following meanings:

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          "Affiliate" means, with respect to any Person, any other Person that,
          directly or indirectly through one or more of its intermediaries,
          controls, is controlled by or is under common control with such
          Person.

          "Business" means (i) the publishing and distributing of printed and
          online residential and commercial real estate advertising and related
          information and all logical and reasonable extensions of such
          business; (ii) any business into which any NCI Company enters during
          the Employment Period pursuant to any acquisition, joint venture,
          other strategic partnership or otherwise; and (iii) any other business
          in which the Company or its Subsidiaries engage as of the date on
          which Executive ceases to be employed by the Company or its
          Subsidiaries.

          "EBITDA" means "EBITDA" as defined in, and calculated in accordance
          with, the Loan Agreement.

          "Good Reason Event" means, during the Employment Period, a substantial
          diminution in Executive's professional responsibilities or a
          significant reduction in the Salary or in the aggregate of the
          Benefits, services, perquisites, and amenities which Executive was
          theretofore receiving.

          "Loan Agreement" means the Loan Agreement, dated as June 24, 2004,
          among the Network Communications, Inc., Gallarus, Toronto Dominion
          (Texas), Inc., as administrative agent, and other financial
          institutions signatory thereto, as in effect as amended, restated,
          renewed, extended, restructured, supplemented, modified, refinanced or
          replaced from time to time.

          "Person" means an individual, a partnership, a corporation, an
          association, a limited liability company, a joint stock company, a
          trust, a joint venture, an unincorporated organization or any other
          entity (including any governmental entity or any department, agency or
          political subdivision thereof).

          "Sale of the Company" means a transaction or series of related
          transactions as a result of which a Person or group of Persons
          directly of indirectly acquire (i) equity securities of the Company
          constituting a majority (by voting power) of the equity securities of
          the Company on a fully-diluted basis (whether by merger,
          consolidation, sale or transfer of any or all of the Company's
          outstanding securities) or (ii) all or substantially all of the
          Company's assets determined on a consolidated basis.

          "Selling Stockholders Agreement" means the Selling Stockholders
          Agreement, dated as of December 23, 2004, by and among Gallarus and
          certain of its stockholders, as in effect from time to time.

          "Subsidiaries" means, with respect to any Person, any corporation,
          limited liability company, partnership, association or other business
          entity of which (i) if a corporation, a majority of the total voting
          power of shares of stock entitled (without regard to the occurrence of
          any contingency) to vote in the election of directors, managers or
          trustees thereof is at the time owned or controlled, directly

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          or indirectly, by such Person or one or more of the other Subsidiaries
          of such Person or a combination thereof, or (ii) if a limited
          liability company, partnership, association or other business entity,
          a majority of the partnership or other similar ownership interest
          thereof is at the time owned or controlled, directly or indirectly, by
          any Person or one or more Subsidiaries of such Person or entity or a
          combination thereof. For purposes hereof, a Person or Persons shall be
          deemed to have a majority ownership interest in a limited liability
          company, partnership, association or other business entity if such
          Person or Persons shall be allocated a majority of limited liability
          company, partnership, association or other business entity gains or
          losses or shall be or control any managing director, managing member,
          or general partner of such limited liability company, partnership,
          association or other business entity. Unless stated to the contrary,
          as used in this Agreement the term Subsidiary means a Subsidiary of
          the Company.

          15. Key-Man Life Insurance. Executive agrees to submit to any
requested physical examination in connection with the Company's or any
Subsidiary's purchase of a "key-man" insurance policy. Executive agrees to
cooperate fully in connection with the underwriting, purchase and/or retention
of a key-man insurance policy by the Company or any of its Subsidiaries.

          16. Miscellaneous.

          (a) Notices. All communications or notices required or permitted by
this Agreement shall be in writing and shall be deemed to have been given (a) on
the date of personal delivery to the recipient or an officer of the recipient,
or (b) when sent by telecopy or facsimile machine to the number shown below on
the date of such confirmed facsimile or telecopy transmission (provided that a
confirming copy is sent via overnight mail), or (c) when properly deposited for
delivery by a nationally recognized commercial overnight delivery service,
prepaid, or by deposit in the United States mail, certified or registered mail,
postage prepaid, return receipt requested on the date set forth in the records
of such delivery service or on the third day after so deposited in the United
States mail, in each case, addressed as follows:

          Notices to Executive, to:

          Gerard Parker
          7665 Dunvegan Close
          Dunwoody, GA 30350
          Telecopy: _________________]

          with a copy (which shall not constitute notice to Executive) to:

          Breslow & Walker, LLP
          767 Third Avenue
          New York, NY 10017
          Attention: Joel M. Walker
          Telecopy: (212) 888-4955

          Notices to the Company to:

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          c/o Citicorp Venture Capital Equity Partners, L.P.
          399 Park Avenue
          14th Floor
          New York, NY 10022
          Attention: Ian Highet
          Telecopy: (212) 888 2940

          with a copy (which shall not constitute notice to the Company), to:

          Dechert LLP
          4000 Bell Atlantic Tower
          Philadelphia, PA 19103 2793
          Attention: Geraldine A. Sinatra
          Telecopy: (215) 994 2222

or to such other address or to the attention of such other person as the
recipient party has specified by prior written notice to the sending party.

          (b) Amendment and Waiver. No modification, amendment or waiver of any
provision of this Agreement will be effective unless such modification,
amendment or waiver is executed by the Company (with the approval of the Board)
and Executive. The failure of any party to enforce any of the provisions of this
Agreement will in no way be construed as a waiver of such provisions and will
not affect the right of such party thereafter to enforce each and every
provision of this Agreement in accordance with its terms.

          (c) Severability. Without limiting Section 9, whenever possible, each
provision of this Agreement will be interpreted in such a manner as to be
effective and valid under applicable law, but if any provision of this Agreement
is held to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability will not affect the validity, legality or enforceability of any
other provision of this Agreement in such jurisdiction or affect the validity,
legality or enforceability of any provision in any other jurisdiction, but this
Agreement will be reformed, construed and enforced in that jurisdiction as if
such invalid, illegal or unenforceable provision had never been contained in
this Agreement.

          (d) Entire Agreement. Except as otherwise expressly set forth herein,
this agreement embodies the complete agreement and understanding among the
parties hereto with respect to the subject matter hereof and supercedes and
preempts any prior understandings, agreements or representations by or among the
parties, written or oral, which may have related to the subject matter hereof in
any way including, without limitation, those certain two Letter Agreements, each
dated October 4, 2002, by and between Executive and Network Communications, Inc.
The terms pursuant to which Executive acquires equity in the Company as
referenced in Sections 10 and 11 and the rights and limitations with respect
thereto will be governed by the terms of a stock ownership plan approved by the
Board and the forms of acquisition agreement and option grants entered into in
connection therewith.

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          (e) Successors and Assigns. This Agreement will bind and inure to the
benefit of and be enforceable by the Company, Executive and their respective
assigns; provided, that Executive may not assign his rights or delegate his
duties under this Agreement without the prior written consent of the Company.

          (f) Counterparts. This Agreement may be executed simultaneously in two
or more counterparts, any one of which need not contain the signatures of more
than one party, but all such counterparts taken together will constitute one and
the same Agreement.

          (g) Descriptive Headings; Interpretation; No Strict Construction. The
descriptive headings of this Agreement are inserted for convenience only and do
not constitute a substantive part of this Agreement. Whenever required by the
context, any pronoun used in this Agreement shall include the corresponding
masculine, feminine or neuter forms, and the singular forms of nouns, pronouns,
and verbs shall include the plural and vice versa. Reference to any agreement,
document, or instrument means such agreement, document, or instrument as amended
or otherwise modified from time to time in accordance with the terms thereof,
and if applicable hereof. The use of the words "include" or "including" in this
Agreement shall be by way of example rather than by limitation. The use of the
words "or," "either" or "any" shall not be exclusive. The parties hereto have
participated jointly in the negotiation and drafting of this Agreement. In the
event an ambiguity or question of intent or interpretation arises, this
Agreement shall be construed as if drafted jointly by the parties hereto, and no
presumption or burden of proof shall arise favoring or disfavoring any party by
virtue of the authorship of any of the provisions of this Agreement. The parties
agree that prior drafts of this Agreement shall be deemed not to provide any
evidence as to the meaning of any provision hereof or the intent of the parties
hereto with respect hereto.

          (h) GOVERNING LAW. ALL ISSUES AND QUESTIONS CONCERNING THE
CONSTRUCTION, VALIDITY, INTERPRETATION AND ENFORCEMENT OF THIS AGREEMENT WILL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF
NEW YORK, WITHOUT GIVING EFFECT TO ANY CHOICE OF LAW OR CONFLICT PROVISION OR
RULE (WHETHER OF THE STATE OF NEW YORK OR ANY OTHER JURISDICTION) THAT WOULD
CAUSE THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF NEW YORK TO BE
APPLIED. IN FURTHERANCE OF THE FOREGOING, THE INTERNAL LAW OF THE STATE OF NEW
YORK WILL CONTROL THE INTERPRETATION AND CONSTRUCTION OF THIS AGREEMENT, EVEN IF
UNDER THAT JURISDICTION'S CHOICE OF LAW OR CONFLICT OF LAW ANALYSIS, THE
SUBSTANTIVE LAW OF SOME OTHER JURISDICTION WOULD ORDINARILY APPLY.

          (i) Consent to Arbitration.

               (A) Generally. The arbitration procedures described in this
Section 16(i) will be the sole and exclusive method of resolving and remedying
disputes arising out of this Agreement, other than disputes arising out of or
relating to Section 7 or 8 of this Agreement. Except as otherwise provided in
the JAMS' Comprehensive Arbitration Rules and Procedures as in effect from time
to time (the "JAMS Rules"), the arbitration procedures described in this

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Section 16(i) and any Final Arbitration Award (as defined below) will be
governed by, and will be enforceable pursuant to, the Uniform Arbitration Act as
in effect in the State of New York from time to time. Disputes that are subject
to arbitration under the first sentence of this Section 16(i)(A) are referred to
herein as "Eligible Disputes."

               (B) Procedures. If Executive and the Company do not amicably
resolve any Eligible Dispute within thirty (30) days after delivery of a written
notice by one such party to the other that an Eligible Dispute exists, then such
dispute will be submitted to binding arbitration. The arbitral proceeding will
take place in New York City, New York or such other location agreeable to
Executive and the Company, before an arbitration panel consisting of three
individuals experienced in matters of the type involved in the dispute (the
"Arbitration Panel"); provided, however, that Executive and the Company may
agree to choose a single arbitrator who is agreeable to them to act as the
Arbitration Panel. Executive will choose one such individual and the Company
will choose one such individual to serve as its representative on the
Arbitration Panel, and those two individuals jointly will choose a third such
individual within ten (10) business days thereafter; provided, that if those two
individuals cannot agree upon an acceptable third member of the Arbitration
Panel within such period, the third member will be chosen under the JAMS Rules.
Notwithstanding the foregoing, if either Executive or the Company fails to
choose an individual to serve as its representative on the Arbitration Panel
within such thirty-day period, the representative selected by the other party
shall resolve the Eligible Dispute individually.

               (C) Conduct of Arbitration. The arbitration (including discovery)
will be conducted under the JAMS Rules, as the same may be modified by any
written agreement between Executive and the Company. The Arbitration Panel will
conduct the arbitration in a manner so that the final result, determination,
finding, judgment or award determined by the Arbitration Panel (the "Final
Arbitration Award") is made or rendered as soon as practicable, and Executive
and the Company will use reasonable efforts to cause a Final Arbitration Award
to occur within ninety (90) days after the Arbitration Panel is selected. Any
Final Arbitration Award will be final and binding upon Executive and the
Company, and there will be no appeal from or reexamination of any Final
Arbitration Award, except in the case of fraud or perjury or misconduct by the
Arbitration Panel prejudicing the rights of Executive or the Company or to
correct manifest clerical errors.

               (D) Enforcement. A Final Arbitration Award may be enforced in any
state or federal court having jurisdiction over the subject matter of the
related Eligible Dispute.

               (E) Expenses. As part of the Final Arbitration Award, the
prevailing party in any arbitration proceeding described in this Section 16(i)
will be entitled to recover from the non-prevailing party its reasonable
attorneys' fees and disbursements and other out-of-pocket costs, and the
non-prevailing party also will be required to pay all other reasonable costs and
expenses associated with the arbitration; provided, that (1) if the Arbitration
Panel is unable to determine that a party is a prevailing party under JAMS Rules
in any such Arbitration proceeding, then such costs and expenses will be
equitably allocated by the Arbitration Panel upon the basis of the outcome of
such arbitration proceeding, and (2) if the Arbitration Panel is unable to
allocate such costs and expenses in such a manner, then the costs and expenses
of such arbitration will be paid one-half by Executive and one-half by the
Company, and each of

                                       11
<PAGE>

Executive and the Company will pay the out-of-pocket expenses incurred by it. As
part of any Final Arbitration Award, the Arbitration Panel may designate the
prevailing party for purposes of this Section 16(i).

          (j) WAIVER OF JURY TRIAL. NOTWITHSTANDING SECTION 16(I), EACH PARTY TO
THIS AGREEMENT HEREBY WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, TRIAL
BY JURY IN ANY LITIGATION IN ANY COURT WITH RESPECT TO, IN CONNECTION WITH, OR
ARISING OUT OF THIS AGREEMENT OR ANY ANCILLARY AGREEMENT OR THE VALIDITY,
PROTECTION, INTERPRETATION, COLLECTION OR ENFORCEMENT THEREOF.

          (k) Actions by the Company. Any action, election or determination by
the Board or any committee of such boards pursuant to or relating to this
Agreement will be effective if, and only if, it is taken or made by (or with the
prior approval of) a majority of the members of the Board who are not at the
time employees of the Company or any of the Company's Subsidiaries.

                                      *****

                                       12

<PAGE>

          IN WITNESS WHEREOF, the parties hereto have executed this Employment
Agreement as of the date first written above.

                                        GMH HOLDING COMPANY

                                        By: /s/ Ian D. Highet
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        /s/ Gerard Parker
                                        ----------------------------------------
                                        Gerard Parker

                                       13<PAGE>
                                                                    Exhibit 10.3

                               ADVISORY AGREEMENT

          This Advisory Agreement (this "Agreement") is made and entered into as
of December 12, 2004 by and between GMH Holding Company ("Holdings"), GMH
Acquisition Corp. (the "Company" and together with Holdings, the "Companies")
and CVC Management LLC ("Advisor"). Capitalized terms used but not defined
herein shall have the meanings assigned to such terms in the Agreement and Plan
of Merger, dated as of the date hereof (the "Merger Agreement") by and among the
Companies and Gallarus Media Holdings, Inc.

          WHEREAS, the Companies desire to retain Advisor and Advisor desires to
perform for the Companies and/or their subsidiaries certain services;

          NOW, THEREFORE, in consideration of the premises and the mutual
covenants contained herein, and for good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereto, intending
to be legally bound hereby, agree as follows:

          1. Term. (a) This Agreement shall be in effect for an initial term
often (10) years commencing on the date of the closing under the Merger
Agreement (the "Term"), and shall be automatically extended thereafter on a year
to year basis unless the Companies provide or Advisor provides written notice of
its or then desire to terminate this Agreement to the other party 90 days prior
to the expiration of the Term or any extension thereof; provided, however, that
Holdings may terminate its obligation to pay Advisory Fees (as such term is
defined below), and correspondingly, Advisor's obligations under Section 2, at
Holdings' option, upon or concurrently with Holdings' First Public Offering, by
providing Advisor not less than ten (10) days prior written notice (an "Early
Termination"). In the event of an Early Termination, Holdings shall pay to
Advisor an amount equal to the Termination Fee.

               (b) As used herein, the "Termination Fee" means the net present
value of all Advisory Fees that would have been payable from Holdings to Advisor
from the effective date of the Early Termination through the end of the Term,
assuming that an Early Termination had not occurred. Any calculation of net
present value done in connection with the payment of the Termination Fee shall
be calculated by the board of directors of Holdings in good faith.

               (c) As used herein, "First Public Offering" means the first
underwritten public offering of the Common Stock of Holdings after the date
hereof pursuant to an effective registration statement under the Securities Act
of 1933, as amended, other than pursuant to a registration statement on Form S-4
or Form S-8 or any similar or successor form or a registration statement
registering a public offering of a combination of debt and equity securities of
Holdings in which not more than ten percent (10%) of the gross proceeds received
from the sale of such securities is attributed to such equity securities,
provided that the net proceeds of such public offering equal $50,000,000 or
more.

          2. Services. Advisor shall perform or cause to be performed such
services for the Companies and/or their subsidiaries as directed by such
Company's board of directors, which may include, without limitation, the
following:

               (a) executive and management services;

<PAGE>

               (b) identification, support and analysis of acquisitions and
dispositions by such Company or its subsidiaries;

               (c) support and analysis of financing alternatives, including,
without limitation, in connection with acquisitions, capital expenditures and
refinancing of existing indebtedness;

               (d) finance functions, including assistance in the preparation of
financial projections, and monitoring of compliance with financing agreements;

               (e) human resource functions, including searching and hiring of
executives; and

               (f) other services for such Company or its subsidiaries upon
which such Company's board of directors and Advisor agree.

          Notwithstanding any provision in this Agreement to the contrary, each
of the parties hereto acknowledges and agrees that there are no minimum levels
of services required to be provided to the Companies pursuant to this Agreement.

          3. Advisory Fee. Subject to the terms and conditions herein, payment
for services rendered by Advisor and/or its affiliates incurred in connection
with the performance of services pursuant to this Agreement shall be billed on
an hourly basis for actual services rendered (it being agreed that no minimum
services levels shall be required), plus reasonable out-of-pocket expenses
incurred by Advisor and/or its affiliates commencing with the fiscal quarter
first ending after December 31, 2004; provided that, if the Companies and their
subsidiaries are in compliance with the financial covenants and negative
covenants contained in the Companies' agreements governing its senior
indebtedness (the "Loan Agreement"), in lieu of the aforementioned fees and
expenses, Advisor and/or its affiliates shall have the right to collect an
annual advisory fee (the "Advisory Fee"), the amount of which shall be the
greater of (i) $210,000 per annum (the "Flat Fee") or (ii) .016% per annum of
the annual consolidated revenue the Companies and their subsidiaries (determined
on a trailing twelve month basis) (the "Percentage Fee"), plus reasonable
out-of-pocket expenses of Advisor and/or its affiliates.

               (a) Adjustment. In the event that the Advisory Fee paid in any
given year pursuant to this Section 3 exceeds the greater of the Flat Fee or the
Percentage Fee, the Advisor shall promptly repay to the Companies the difference
between the greater of the Flat Fee or the Percentage Fee and the amount of the
Advisory Fee actually paid by the Companies during that year. In the event that
the amount of the Advisory Fee paid by the Companies to the Advisor in any given
year is less than the greater of the Flat Fee or the Percentage Fee, the
Companies shall promptly pay the difference between the amount of Advisory Fee
actually paid to the Advisor and the greater of the Flat Fee or the Percentage
Fee.

               (b) Collection of Fee. The decision whether to collect any
Advisory Fee in a given year shall be in the Advisor's sole discretion. The
Advisor's decision not to collect an Advisory Fee in any given year shall not be
construed to be a waiver of the Advisor's right to collect an Advisory Fee in
any future year.

                                        2
<PAGE>

               (c) Fee Calculation. All fees and expenses described in this
paragraph 3 shall be payable to Advisor or its designees on a quarterly basis
in advance (based on the parties' estimate of the amount of fees and expenses
which shall become due and payable for such quarter) commencing as of the date
hereof. For the purposes of this Section 3, compliance with the financial
covenants and negative covenants contained in the Loan Agreement shall be
determined on a pro-forma basis and, to the extent required by the Loan
Agreement, shall include the dividend paid by the Company to Holdings for the
purpose of paying the Advisory Fee and any other fees and expenses that may be
payable to the Advisor hereunder.

          4. Transaction Fees. The Companies hereby agree to pay to Advisor or
its designee on the Closing Date (as defined in the Merger Agreement) upon the
consummation of the transactions contemplated by the Merger Agreement a fee for
services rendered in connection with the structuring of the financing for the
transactions contemplated by the Merger Agreement (the "Transactions") and
certain other management services in the amount of Three Million Dollars
($3,000,000), plus reasonable out-of-pocket expenses. Such fees shall be payable
to Advisor or its designees by wire transfer to an account designated in writing
by the Advisor.

          5. Personnel. Advisor shall provide and devote to the performance of
this Agreement such partners, employees and agents of Advisor as Advisor shall
deem appropriate to the furnishing of the services required.

          6. Liability. Neither Advisor nor any other Indemnitee (as defined in
Section 7 below) shall be liable to any of the Companies or any of their
subsidiaries or affiliates for any loss, liability, damage or expense arising
out of or in connection with the performance of services contemplated by this
Agreement, unless such loss, liability, damage or expense shall be proven to
result directly from gross negligence, willful misconduct or bad faith on the
part of an Indemnitee acting within the scope of such person's employment or
authority. Advisor makes no representations or warranties, express or implied,
in respect of the services to be provided by Advisor or any of the other
Indemnitees. Except as Advisor may otherwise agree in writing after the date
hereof: (i) Advisor shall have the right to, and shall have no duty (contractual
or otherwise) not to, directly or indirectly: (A) engage in the same or similar
business activities or lines of business as any of the Companies or any of their
subsidiaries, including those competing with any of the Companies or any of
their subsidiaries and (B) do business with any client or customer of any of the
Companies or any of their subsidiaries; (ii) neither Advisor nor any officer,
director, employee, partner, affiliate or associated entity thereof shall be
liable to any of the Companies or any of their subsidiaries or affiliates for
breach of any duty (contractual or otherwise) by reason of any such activities
of or of such person's participation therein; and (iii) in the event that
Advisor acquires knowledge of a potential transaction or matter that may be a
corporate opportunity for the Companies or any of their subsidiaries, on the one
hand, and Advisor, on the other hand, or any other person, Advisor shall have no
duty (contractual or otherwise) to communicate or present such corporate
opportunity to the Companies or any of their subsidiaries and, notwithstanding
any provision of this Agreement to the contrary, shall not be liable to the
Companies or any of their affiliates for breach of any duty (contractual or
otherwise) by reasons of the fact that Advisor directly Or indirectly pursues or
acquires such opportunity for itself, directs such opportunity to another
person, or does not present such opportunity to the Companies. In no event will
any of the parties hereto be liable to any other party hereto for any indirect,
special, incidental or consequential damages, including lost profits

                                        3

<PAGE>

or savings, whether or not such damages are foreseeable, or in respect of any
liabilities relating to any third party claims (whether based in contract, tort
or otherwise) other than the Claims (as defined in Section 7 below) relating to
the service to be provided by Advisor hereunder.

          7. Indemnity. Each of the Companies and their subsidiaries shall
defend, indemnity and hold harmless each of Advisor, its affiliates, members,
partners, employees and agents (collectively, the "Indemnitees") from and
against any and all loss, liability, damage or expenses arising from any claim
by any person with respect to, or in any way related to, the performance of
services contemplated by this Agreement (including attorneys' fees)
(collectively, "Claims") resulting from any act or omission of any of the
Indemnitees, other than for Claims which shall be proven to be the direct result
of gross negligence, bad faith or willful misconduct by an Indemnitee. Each of
the Companies and their subsidiaries shall defend at its own cost and expense
any and all suits or actions (just or unjust) which may be brought against such
Company, any of its subsidiaries or any of the Indemnitees or in which any of
the Indemnitees may be impleaded with others upon any Claims, or upon any
matter, directly or indirectly, related to or arising out of this Agreement or
the performance hereof by any of the Indemnitees, except that if such damage
shall be proven to be the direct result of gross negligence, bad faith or
willful misconduct by an Indemnitee, then Advisor shall reimburse the Companies
and their subsidiaries for the costs of defense and other costs incurred by the
Companies and their subsidiaries.

          8. Notices. All notices hereunder shall be in writing and shall be
delivered personally or mailed by United States mail, postage prepaid, addressed
to the parties as follows:

               To the Companies as appropriate:

                    GMH Holding Company
                    Attention: Chief Financial Officer

               To Advisor:

                    CVC Management LLC
                    399 Park Avenue, 14th Floor
                    New York, NY 10043
                    Attention: Paul C. Schorr IV
                    Facsimile: +1-212-888-2940

          9. Assignment. The Companies may not assign any obligations hereunder
to any other party without the prior written consent of Advisor (which consent
shall not be unreasonably withheld), and Advisor may not assign any Advisor
obligations hereunder to any other party without the prior written consent of
the Companies (which consent shall not be unreasonably withheld); provided that
Advisor may, without consent of the Companies, assign its rights and obligations
under this Agreement to any Permitted Transferee (as such term is defined in the
Securities Purchase and Holders Agreement to be entered into on the Closing Date
among Holdings and its stockholders named therein).

                                        4

<PAGE>

          10. Successors. This Agreement and all the obligations and benefits
hereunder shall inure to the successors and assigns of the parties.

          11. Counterparts. This Agreement may be executed and delivered by each
party hereto in separate counterparts, each of which when so executed and
delivered shall be deemed an original and all of which taken together shall
constitute but one and the same agreement

          12. Entire Agreement; Modification: Governing Law. The terms and
conditions hereof constitute the entire agreement between the parties hereto
with respect to the subject matter of this Agreement and supersede all previous
communications, either oral or written, representations or warranties of any
kind whatsoever, except as expressly set forth herein. No modifications of this
Agreement nor waiver of the terms or conditions thereof shall be binding upon
either party unless approved in writing by an authorized representative of such
party. All issues concerning this Agreement shall be governed by and construed
in accordance with the laws of the State of New York, without giving effect to
any choice of law or conflict of law provision or rule (whether of the State of
New York or any other jurisdiction) that would cause the application of the law
of any jurisdiction other than the State of New York.

          IN "WITNESS WHEREOF, the parties have executed this Advisory Agreement
as of the date first written above.

                                        GMH HOLDING COMPANY

                                        By: /s/ IAN D. HIGHET
                                            ------------------------------------
                                        Name: IAN D. HIGHET
                                        Title:
                                               ---------------------------------

                                        GMH ACQUISITION CORP.

                                        By: /s/ IAN D. HIGHET
                                            ------------------------------------
                                        Name: IAN D. HIGHET
                                        Title:
                                               ---------------------------------

                                        CVC MANAGEMENT LLC,

                                        By: /s/ PAUL C. SCHORR IV
                                            ------------------------------------
                                        Name: PAUL C. SCHORR IV
                                        Title:
                                               ---------------------------------

                                       5

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