Document:

Exhibit
10.3

EMPLOYMENT AGREEMENT

EMPLOYMENT AGREEMENT dated as of September 18, 2006 (the “Effective Date”), between INFOLOGIX INC., a Delaware corporation (the “Company”), and JOHN A. ROBERTS (“Employee”).

BACKGROUND

WHEREAS the
Company provides enterprise mobile wireless solutions and support to the
healthcare, pharmaceutical, retail, transportation, travel and entertainment,
supply chain/logistics, manufacturing and financial markets, which solutions
include, without limitation, the design, development and manufacture of
products, RFID and other software and proprietary systems, and systems
integration services (the “Business”); and

WHEREAS the
Company desires to employ Employee, and Employee desires to enter into the
employ of the Company, on the terms and conditions contained in this Agreement.

NOW THEREFORE,
in consideration of the premises and the mutual covenants and agree­ments
contained in this Agreement and intending to be legally bound, the parties
hereto agree as follows:

SECTION 1.         CAPACITY AND DUTIES

1.1        Employment; Acceptance of Employment.  The
Company employs Employee and Employee accepts employment by the Company for the
period and upon the terms and conditions set forth below.

1.2        Capacity and Duties.

(a)   Employee
shall be employed by the Company generally as its Chief Financial Officer and,
subject to the supervision of the Chief Executive Officer, shall perform such
duties and shall have such authority consis­tent with his position as may from
time to time be specified by the Chief Executive Officer.  Employee shall report directly to the Chief
Executive Officer and shall perform his duties for the Company principally from
the Company’s headquarters, except for periodic travel that may be necessary or
appropriate in connection with the performance of Employee’s duties set forth
in this Agreement.

(b)   Employee
shall devote his full working time, energy, skill and best efforts to the
performance of his duties set forth in this Agreement, in a manner which will
faithfully and dili­gently further the business and interests of the Company and its affiliates (as defined below) and shall not be
employed by or participate or engage in or be a part of in any manner the man­age­ment
or operation of any business enter­prise other than the Company and its

 

affiliates without the prior written consent of the Board, which
consent may be granted or withheld in its sole discretion; provided,
however, that Employee may devote a
reasonable amount of time to civic, community or charitable activities and,
with the prior written approval of the Board, serve as a director of other
corporations.  For purposes of this
Agreement, “affiliate” means any person or entity which is a subsidiary of,
controlling or controlled by or under common control with the Company.

SECTION 2.         TERM OF EMPLOYMENT

2.1        Term.  The term (the “Term”) of
Employee’s employment with the Company shall commence on the Effective Date and
continue until December 31, 2008, unless earlier terminated as provided below.

SECTION 3.         COMPENSATION

3.1        Basic Compensation.

As compensation for Employee’s services, the Company
shall pay to Employee a salary at the annual rate of $215,000 (the “Base Salary”)
(prorated on the basis of the actual days of employment) payable in periodic
install­ments in accordance with the Company’s regular payroll practices in
effect from time to time or at such higher annual rate as the Board shall from
time to time determine in its sole discretion.

3.2        Incentive Compensation; Stock Options.  During the Term, the Employee shall be entitled
participate in the Incentive Compensation Plan set forth on Exhibit A. The
Employee will also be granted options to purchase 300,000 shares of Common
Stock (post a contemplated 1:25,000 stock split by the Company) at an exercise
price of per share equal to the fair market value of a share of Common Stock as
determined in good faith by the Board of Directors. Employee shall be
eligible to receive stock option grants and/or other long-term or equity
compensation from time to time, in the discretion of the Company’s Board of
Directors, consistent with the terms of the Company’s long-term and equity
compensation plans, as they may be amended from time to time.

3.3        Employee Benefits.  In
addition to the compen­sation provided for in Sections 3.1 and 3.2, Employee
and his dependents shall be entitled during the Term of his employment to
partici­pate in the Company’s medical, dental, life insurance and disability
insurance plans and 401(k) plan and such other of the Company’s employee
benefit plans and benefit programs as may from time to time be provided for
other employees of the Company whose duties, responsibilities, and compensation
are reasonably comparable to those of Employee, and shall be consistent with
the benefits presently provided by the Company to the Employee.  During the Term of Employee’s Employment, the
Company shall procure and pay for a long-term disability insurance policy for
Employee with coverage in an amount equal to 60% of Employee’s Base Salary and
a waiting period for disbursement of benefits not to exceed 90 days.

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3.4        Vacation.  Employee shall be entitled to a
vacation of four weeks during each calendar year during the Term of his
employment, during which time his com­pensation shall be paid in full.

3.5        Expense Reimbursement.  During
the Term of Employee’s employment, the Company shall reimburse Employee for all
rea­sonable travel and entertainment expenses incurred by him in connection
with the performance of his duties in accordance with the Company’s policies
and procedures as in effect from time to time upon receipt of itemized vouchers
and such other supporting information as the Company may reasonably require.

3.6        Automobile.  During the Term of Employee’s employment, the
Company shall provide Employee with a monthly automobile allowance of $700.00
and shall reimburse him for all expenses reason­ably incurred by him for the
mileage of such automobile when used in connection with the performance of his
duties in accordance with the Company’s regular reimbursement policies as in effect
from time to time upon receipt of itemized vouchers and such other supporting
information as the Company may reasonably require.

3.7        Other Perquisites. 
During the Term of Employee’s employment, the Company shall reimburse
Employee for all cell phone charges incurred by him in connection with the
performance of his duties in accordance with the Company’s regular
reimbursement policies as in effect from time to time upon receipt of itemized
vouchers and such other supporting information as the Company may reasonably
require.

SECTION 4.         TERMINATION OF EMPLOYMENT

4.1        Death of Employee. 
Employee’s employment with the Company shall immediately terminate upon
his death, upon which the Company shall not thereafter be obligated to make any
further payments other than amounts (including salary, bonuses, expense
reimbursement, etc.) accrued as of the date of Employee’s death.

4.2        Disability of Employee.  If
Employee, in the reasonable opinion of a physician selected by the Company/the
Board is or has been substantially unable, due to his physical, mental or
emotional illness or condition, to substantially perform his duties for a
period of 16 consecutive weeks in any consecutive 18 month period or is deemed
disabled under the Company’s disability insurance policy then in effect, then
the Company shall have the right to terminate Employee’s employment upon
30 days’ prior written notice to Employee at any time during the
continuation of such inability, in which event the Company shall pay to
Employee the amounts specified in Section 4.4 below.

4.3        Termination for Cause. 
Employee’s employment with the Company shall terminate immediately upon
notice that the Company is terminating Employee for “cause” (as defined in this
Agreement), in which event the Company shall not be obligated to make any
further payments to Employee other than amounts (including salary, bonuses,
expense reimbursement, etc.) accrued under this Agree­ment as of the date of
such termination and all amounts due pursuant to Section 4.5 hereof.  As used herein, “cause” shall mean the
following:

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(i)            Commission of any act of fraud or
misappropriation;

(ii)           Violation of any lawful express
direction of the Company or any violation of any rule, regulation, policy or
plan established by the Company from time to time regarding the conduct of its
employees and/or its Business, if such violation is not remedied (if capable of
remedy) by the Employee within thirty (30) days of receiving notice of such
violation from the Company;

(iii)          Material violation of any obligation of
this Agreement that is demonstrably willful and deliberate on the Employee’s
part and is not remedied (if capable of remedy) by the Employee within 15 days
after receiving notice of such violation from the Company;

(iv)          Disclosure or use of Confidential
Information, as defined in Section 5.1, other than as required in the
performance of the Employee’s duties under this Agreement;

(v)           Indictment (or state law equivalent) or
conviction of a crime constituting a felony or any other crime involving moral
turpitude; and

(vi)          The Employee’s use of alcohol or any
unlawful controlled substance to an extent that it interferes materially with
the performance of the Employee’s duties under this Agreement.

4.4        Termination without Cause.  The
Board in its sole discretion may terminate Employee’s employment with the
Company upon 30 days’ prior written notice to Employee at any time.

4.5        Termination for Good Reason.  The
Employee may terminate his employment with the Company in the event
(i) Employee’s assignment (without Employee’s consent) to a position,
title, responsibilities, or duties of a materially lesser status or degree of
responsibility than the position, responsibilities, or duties of Chief
Financial Officer of the Company or removal from his position as an executive
officer of the Company, (ii) the reduction of Employee’s base salary or
bonus opportunity, except
pursuant to a reduction which also applies to the Company’s other senior
executives or (iii) the requirement that Employee report to any officer of
the Company other than its Chief Executive Officer; provided, however, that
Employee must have given written notice to the Company that Employee believes
he/she has the right to terminate employment for good reason, specifying in
reasonable detail the events comprising the good reason, and the Company fails
to eliminate the good reason within fifteen (15) days after receipt of the
notice.

4.6        Severance Pay.  (A) In the event that Employee
is terminated without Cause, for Good Reason, or by reason of disability, and
provided the Employee signs a full

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release
agreement in favor of the Company, Employee shall be entitled to receive for a
period of one year following such termination, severance pay in an amount equal
to Employee’s Base Salary plus all earned and unpaid commissions and bonuses.  In addition, the Company shall continue to
provide Employee’s medical and dental coverage then in effect for Employee
until the earlier of (i) one year following his termination date or (ii) upon
receipt by Employee of comparable benefits from an employer or other source.

SECTION 5.         RESTRICTIVE COVENANTS

5.1        Confidentiality.

(a)           Employee shall not, either during or
after his employment with the Company, directly or indirectly use, publish or
otherwise disclose or divulge to any third party any trade secrets,
confidential or proprietary information of the Company other than as required
by law or in the ordinary course of the Company business (including, without
limitation, any such information concerning customers, vendors, services,
products, processes, pricing policies, business plans or records, any technical
or financial information or data, or any information relating to the history or
prospects of the Company or any of its stockholders).  “Confidential” information includes, without
limitation, all proprietary information, technical data, trade secrets or
know-how of the Company, including, but not limited to research, product plans,
customer lists developments, inventions, processes, formulas, technology,
designs, drawings, engineering, hardware configuration information or other
business information disclosed to Employee by the Company either directly or
indirectly in writing, orally or by drawings or Employee’s observation of parts
or equipment, unpublished information and all information and data which is not
generally known by the industry.

(b)           Employee shall not, either during or
after his employment with the Company, directly or indirectly copy, reproduce
or remove from the Company’s premises, except in the ordinary course of Company
business, trade secrets, confidential or proprietary information of the Company
(in any medium) or any Company documents, files or records (including without
limitation any invoices, customer correspondence, business cards, orders,
computer records or software, or mailing, telephone or customer lists).  All such documents, files and records, and
all other memoranda, notes, files, records, lists and other documents made, compiled
or otherwise acquired by Employee in the course of his employment with the
Company are and shall remain the sole property of the Company and all originals
and copies thereof shall be delivered to the Company upon termination of
employment for whatever reason.

5.2        Inventions and Improvements.  Any
and all writings, inventions, improvements, processes, procedures, ideas and/or
techniques which the Employee may have made, conceived, discovered or
developed, or which Employee may make, conceive, discover or develop, either
solely or jointly with any other person or persons, at any time during the term
of his employment with the Company, whether or not during working hours and
whether or not at the request or upon the suggestion of the Company, which (i)
related or relate to or are useful in connection with any Business previously,
now or hereafter carried on or contemplated by the Company, including
developments or expansions of its present fields of operations, (ii) resulted

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or
result from any work performed by the Employee for the Company or any of its
clients; or (iii) resulted or result from the use of the premises or personal
property (whether tangible or intangible) owned, leased, or contracted for by
the Company (collectively, the “Work Product”), the Employee hereby agrees that
any Work Product shall be the property of the Company and, if subject to
copyright, shall be considered a “work made for hire” within the meaning of the
Copyright Act of 1976, as amended (the “Act”). 
If and to the extent that any such Work Product is found as a matter of
law not to be a “work made for hire” within the meaning of the Act, the
Employee hereby expressly assigns to the Company all of his right, title, and
interest in and to the Work Product, and all copies thereof, and the copyright,
patent, trademark, trade secret, and all other proprietary rights in the Work
Product, without further consideration, free from any claim, lien for balance
due, or rights of retention thereto on the part of the Employee.   The Employee agrees that he shall make full
disclosure to the Company of all such writings, inventions, improvements,
processes, procedures and techniques, and shall do everything necessary or
desirable to vest the absolute title thereto in the Company.  The Employee shall write and prepare all
specifications and procedures regarding such inventions, improvements,
processes, procedures and techniques and otherwise aid and assist the Company
so that the Company can prepare and present applications for copyright or
Letters Patent therefore and can secure such copyright or Letters Patent
wherever possible, as well as reissues, renewals, and extensions thereof, and
can obtain the record title to such copyright or patents so that Alliance shall
be the sole and absolute owner thereof in all countries in which it may desire
to have copyright or patent protection. The Employee shall not be entitled to
any additional or special compensation or reimbursement regarding any and all
such writings, inventions, improvements, processes, procedures and techniques.  In the
event that the Company is unable, after reasonable effort, to secure my
signature on any letters patent, copyright, or other analogous protection
relating to Work Product, whether because of the Employee’s physical or mental
incapacity or for any other reason whatsoever, Employee hereby irrevocably
designates and appoints Alliance and its duly authorized officers and agents as
my agent and attorney-in-fact, to act for and on my behalf to execute and file
any such application or applications and to do all other lawfully permitted
acts to further the prosecution and issuance of letters patent, copyright and
other analogous protection with the same legal force and effect as if
personally executed by the Employee  .

5.3        Noncompetition and Nonsolicitation. 
During the Term of Employee’s employment and for one year
after any termination of employment for any reason, the Employee shall not, for
his own benefit or the benefit of any other person or entity, directly or
indirectly, in any capacity (as an employee, officer, director, shareholder,
partner, agent, principal, independent contractor, owner or otherwise) (i)
engage in or be financially interested in any business operation in the United
States which engages in whole or in part (A) in the Business or (B) in the
manufacture, assembly, design, distribution or marketing of any product or
equipment substan­tially similar to or in compe­ti­tion with any product or
equip­ment which at any time during the Term of such employment or the
immediately preceding twelve month period has been manufactured, sold or
distributed by the Company or any product or equipment which the Company was
developing during such period for future manufacture, sale or distribution or
the provision of any service substantially similar to or in competition with
any service offered by the Company at any time during the twelve month period
or which the Company was developing during such period;  (ii) solicit, or attempt to solicit any
customer of the Company; (iii) solicit, or contact with a view to the engagement
or employment by, any person or entity of any person

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who
is an employee of the Company; (iv) seek to contract with or engage (in
such a way as to adversely affect or interfere with the business of the
Company) any person or entity who has been contracted with or engaged to
manufacture, assemble, supply or deliver products, goods, materials or services
to the Company; or (v) engage in or participate in any effort or act to induce
any of the customers, associates, con­sultants or employees of the Company or
any of its affiliates to take any action which might be disadvantageous to the
Company or any of its affiliates; except that nothing in this Agreement shall
prohibit Employee and his affiliates from owning, as passive investors, in the
aggregate not more than 5% of the outstanding publicly traded stock of any
corporation so engaged.  The duration of
the Employee’s covenants set forth in this Section shall be extended by a
period of time equal to the number of days, if any, during which Employee is in
violation of the provisions contained in this Agreement.

5.4        Injunctive and Other Relief.

(a)   Employee
acknowledges that the covenants contained in this Agreement are fair and
reasonable in light of the consideration paid under this Agreement, and that
damages alone shall not be an adequate remedy for any breach by Employee of his
covenants contained herein and accordingly expressly agrees that, in addition
to any other remedies which the Company may have, the Company shall be entitled
to injunctive relief in any court of competent jurisdiction for any breach or
threat­ened breach of any such covenants by Employee.  Nothing contained in this Agreement shall
prevent or delay the Company from seeking, in any court of competent
jurisdiction, specific perform­ance or other equitable remedies in the event of
any breach or intended breach by Employee of any of his obligations under this
Agreement.

(b)   Notwithstanding
the equitable relief avail­able to the Company, the Employee, in the event of a
breach of his covenants contained in Section 5, understands that the
uncertainties and delays inherent in the legal process would result in a
continuing breach for some period of time, and therefore, continuing injury to
the Company until and unless the Company can obtain such equitable relief.  Therefore, in addition to such equitable
relief, the Company shall be entitled to monetary damages for any such period
of breach until the termination of such breach, in an amount deemed reasonable
to cover all actual and consequential losses, plus all monies received by
Employee as a result of said breach.  If
Employee should use or reveal to any other person or entity any confidential
information, this will be considered a continuing violation on a daily basis
for so long a period of time as such confidential information is made use of by
Employee or any such other person or entity.

(c)   Employee
agrees that the foregoing territorial and time limitations are reasonable and
properly required for the adequate protection of the business of the Company
and that in the event that any such territorial or time limitation is deemed to
be unreasonable by a court of competent jurisdiction, then Employee agrees and
submits to the reduction of either said territorial or time limitation to such
an area or period as said court shall deem reasonable.

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SECTION 6.         MISCELLANEOUS

6.1        Arbitration.

(a)   All
disputes arising out of or relating to this Agreement which cannot be settled
by the parties shall promptly be submitted to and determined by a single
arbitrator in Montgomery County, Pennsylvania, pursuant to the rules and
regulations then obtaining of the American Arbitration Association; but nothing
in this Agreement shall preclude the Company from seeking, in any court of
competent jurisdiction, damages, specific performance or other equitable
remedies in the case of any breach or threatened breach by Employee of Section
5.  The decision of the arbitrator shall
be final and binding upon the parties, and judgment upon such decision may be
entered in any court of competent jurisdiction.

(b)   Discovery
shall be allowed pursuant to the intendment of the United States Federal Rules
of Civil Procedure and as the arbitrators determine appropriate under the
circumstances.

(c)   The
arbitrator shall be required to apply the contractual provisions in deciding
any matter submitted to it and shall not have any authority, by reason of this
Agreement or otherwise, to render a decision that is contrary to the mutual
intent of the parties as set forth in this Agreement.

6.2        Prior Employment. 
Employee represents and warrants that he is not a party to any other
employment, noncompetition or other agreement or restriction which could
interfere with his employment with the Company or his or the Company’s rights
and obligations; and that his acceptance of employment with the Company and the
performance of his duties will not breach the provisions of any contract,
agreement, or under­standing to which he is party or any duty owed by him to
any other person.

6.3        Severability.  The invalidity or
unenforceability of any particular provision or part of any provision of this
Agreement shall not affect the other provisions or parts of this
Agreement.  If any provision of this
Agreement is determined to be invalid or unenforce­able by a court of competent
jurisdiction by rea­son of the duration or geographical scope of the covenants
contained in this Agreement, such duration or geographical scope, or both,
shall be considered to be reduced to a duration or geographical scope to the
extent necessary to cure such invalid­ity.

6.4        Assignment.  This Agreement shall not be
assign­able by Employee, and shall be assignable by the Company only to any
person or entity which may become a successor in interest (by purchase of
assets or stock, or by merger, or otherwise) to the Company in the business or
a portion of the business presently operated by it.  Subject to the foregoing, this Agreement and
the rights and obligations set forth in this Agreement shall inure to the bene­fit
of, and be binding upon, the parties and each of their respective permitted
successors, assigns, heirs, executors and administrators.

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6.5        Notices.  All notices shall be in writing
and shall be sufficiently given if hand-delivered, sent by docu­mented
overnight delivery service or registered or certi­fied mail, postage prepaid,
return receipt requested or by tele­gram, fax or telecopy (confirmed by U.S.
mail), receipt acknowl­edged, addressed as set forth below or to such other
person and/or at such other address as may be furnished in writing by any party
to the other.  Any such notice shall be
deemed to have been given as of the date received, in the case of personal
delivery, or on the date shown on the receipt or confirmation therefor, in all
other cases.  Any and all service of
process and any other notice in any such action, suit or proceeding shall be
effective against any party if given as provided in this Agreement; but nothing
in this Agreement shall be deemed to affect the right of any party to serve
process in any other manner permitted by law.

(a)                               If to the Company:

101
E. County Line

Suite
210

Hatboro,
PA 19040

Tel:  (215) 604-0691

Fax:  (215) 604-0695

Attention: General Counsel

(b)                              If to Employee:

John
A. Roberts

5500
Wissahickon Avenue

M-PH06C

Philadelphia,
PA 19144

Tel: 215-713-0883

6.6        Entire Agreement and Modification.  This
Agreement constitutes the entire agreement between the parties with respect to
the matters contemplated in this Agreement and supersedes all prior agreements
and understandings with respect to those matters.  Any amendment, modification, or waiver of
this Agreement shall not be effective unless in writing.  Neither the failure nor any delay on the part
of any party to exercise any right, remedy, power or privilege shall operate as
a waiver thereof, nor shall any single or partial exercise of any right,
remedy, power or privilege preclude any other or further exercise of the same
or of any other right, remedy, power, or privilege with respect to any
occurrence be construed as a waiver of any right, remedy, power, or privilege
with respect to any other occurrence.

6.7        Governing Law.  This
Agreement is made pursuant to, and shall be construed and enforced in
accordance with, the internal laws of the Commonwealth of Pennsylvania (and
United States federal law, to the extent applicable), without giving effect to
otherwise applicable principles of conflicts of law.

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6.8        Headings; Counterparts.  The
headings of paragraphs in this Agreement are for convenience only and shall not
affect its interpretation.  This
Agreement may be executed in two or more counterparts, each of which shall be
deemed to be an original and all of which, when taken together, shall be deemed
to constitute but one and the same Agreement.

6.9        Further Assurances.  Each
of the parties shall execute such further instruments and take such other
actions as any other party shall reasonably request in order to effectuate the
purposes of this Agreement.

6.10     Waiver.  Neither the failure nor any delay on the part
of either party to exercise any right, remedy, power or privilege under this
Agreement shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, remedy, power or privilege preclude any other or further
exercise of the same or of any other right, remedy, power or privilege, nor
shall any waiver of any right, remedy, power or privilege with respect to any
occurrence be construed as a waiver of such right, remedy, power or privilege
with respect to any other occurrence.

6.11      Survival.  The terms and conditions contained in Section
5 shall survive the termination or expiration of this Agreement.

6.12      Indemnification.  Employee
shall be covered by the Company’s directors and officers liability insurance
policies and indemnification policies on the same terms and conditions as apply
to the Company’s other senior executives.

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

	
  

  	
   

  	
  INFOLOGIX INC.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  David Gulian

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  David Gulian

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  EMPLOYEE

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  John A. Roberts

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  John A. Roberts

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
								

 

 

EXHIBIT A

INCENTIVE COMPENSATION

Based
upon the achievement of certain goals and performance targets set by the Board
of Directors, the Employee shall be entitled to the following incentive
compensation:

Fiscal
Year Ending December 31, 2006

·                  A pro rata portion (based upon the number of
days worked in such fiscal year) of the following: 30% of the Executive’s Base
Compensation.

Fiscal
Year Ending December 21, 2007

·                  30%
of the Executive’s Base Compensation.

Fiscal
Year Ending December 31, 2008

·                  35%
of the Executive’s Base Compensation.Exhibit
10.4

EMPLOYMENT
AGREEMENT

EMPLOYMENT
AGREEMENT dated as of July 17, 2006 (the “Effective Date”),
between INFOLOGIX INC., a Delaware
corporation (the “Company”), and RICK HODGE (“Employee”).

BACKGROUND

WHEREAS the Company provides enterprise mobile wireless
solutions and support to the healthcare, pharmaceutical, retail,
transportation, travel and entertainment, supply chain/logistics, manufacturing
and financial markets, which solutions include, without limitation, the design,
development and manufacture of products, RFID and other software and
proprietary systems, and systems integration services (the “Business”); and

WHEREAS the Company desires to employ Employee, and
Employee desires to enter into the employ of the Company, on the terms and
conditions contained in this Agreement.

NOW
THEREFORE, in
consideration of the premises and the mutual covenants and agreements contained
in this Agreement and intending to be legally bound, the parties hereto agree
as follows:

SECTION 1.                  CAPACITY AND DUTIES

1.1          Employment: Acceptance of
Employment. The
Company employs Employee and Employee accepts employment by the Company for the
period and upon the terms and conditions set forth below.

1.2          Capacity and Duties.

(a)           Employee shall be employed by the
Company generally as its Executive Vice President-Healthcare and, subject to
the supervision of the Chief Executive Officer, shall perform such duties and
shall have such authority consistent with his position as may from time to time
be specified by the Chief Executive Officer. Employee shall report directly to
the Chief Executive Officer and shall perform his duties for the Company
principally from the Company’s headquarters, except for periodic travel that
may be necessary or appropriate in connection with the performance of Employee’s
duties set forth in this Agreement.

(b)           Employee shall devote his full working time, energy, skill
and best efforts to the performance of his duties set forth in this Agreement,
in a manner which will faithfully and diligently further the business and
interests of the Company and its affiliates (as defined below) and shall not be
employed by or participate or engage in or be a part of in any manner the
management or operation of any business enterprise other than the Company and
its

 

affiliates without the prior
written consent of the Board, which consent may be granted or withheld in its
sole discretion; provided, however, that Employee may devote a
reasonable amount of time to civic, community or charitable activities and,
with the prior written approval of the Board, serve as a director of other
corporations. For purposes of this Agreement, “affiliate” means any person or
entity which is a subsidiary of, controlling or controlled by or under common
control with the Company.

SECTION 2.                  TERM
OF EMPLOYMENT

2.1          Term. The term
(the “Term”) of Employee’s employment with the Company shall commence on the
Effective Date and continue until December 31, 2008, unless earlier terminated
as provided below.

SECTION 3.                  COMPENSATION

3.1          Basic Compensation.

As compensation for Employee’s
services, the Company shall pay to Employee a salary at the annual rate of
$295,000 (the “Base Salary”) (prorated on the basis of the actual days of
employment) payable in periodic installments in accordance with the Company’s
regular payroll practices in effect from time to time or at such higher annual
rate as the Board shall from time to time determine in its sole discretion.

3.2          Incentive
Compensation; Stock Options. During the Term, the Employee shall
be entitled participate in the Incentive Compensation Plan set forth on Exhibit
A. The Employee will also be granted options to purchase 675,000 shares of
Common Stock (post a contemplated 1:25,000 stock split by the Company) at an
exercise price of $2.00 per share.

3.3          Employee Benefits. In addition to the compensation provided for
in Sections 3.1 and 3.2, Employee and his dependents shall be entitled during
the Term of his employment to participate in the Company’s medical, dental,
life insurance and disability insurance plans and 401(k) plan and such other of
the Company’s employee benefit plans and benefit programs as may from time to
time be provided for other employees of the Company whose duties,
responsibilities, and compensation are reasonably comparable to those of
Employee, and shall be consistent with the benefits presently provided by the
Company to the Employee. During the Term of Employee’s Employment, the Company
shall procure and pay for a long-term disability insurance policy for Employee
with coverage in an amount equal to 60% of Employee’s Base Salary and a waiting
period for disbursement of benefits not to exceed 90 days.

3.4          Vacation.
Employee shall be entitled to a vacation of four weeks during each calendar
year during the Term of his employment, during which time his compensation
shall be paid in full.

3.5          Expense Reimbursement. During the Term of
Employee’s employment, the Company shall reimburse Employee for all reasonable
travel and entertainment expenses

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incurred by him in
connection with the performance of his duties in accordance with the Company’s
policies and procedures as in effect from time to time upon receipt of itemized
vouchers and such other supporting information as the Company may reasonably
require.

3.6           Automobile.
During the Term of
Employee’s employment, the Company shall provide Employee with a monthly
automobile allowance of $1,500 and shall reimburse him for all expenses
reasonably incurred by him for the mileage, of such automobile when used in
connection with the performance of his duties in accordance with the Company’s
regular reimbursement policies as in effect from time to time upon receipt of
itemized vouchers and such other supporting information as the Company may
reasonably require.

3.7           Other
Perquisites. During
the Term of Employee’s employment, the Company shall reimburse Employee for all
cell phone charges incurred by him in connection with the performance of his
duties in accordance with the Company’s regular reimbursement policies as in
effect from time to time upon receipt of itemized vouchers and such other
supporting information as the Company may reasonably require. The Company shall
assign the current “key man” life insurance policy maintained by the Company on
the life of the Employee to a beneficiary designated by Employee, and the
Company shall, and shall continue to pay, the premiums necessary to maintain
such life insurance policy.

SECTION 4.                  TERMINATION OF EMPLOYMENT

4.1          Death of Employee. Employee’s employment with the Company shall
immediately terminate upon his death, upon which the Company shall not
thereafter be obligated to make any further payments other than amounts
(including salary, bonuses, expense reimbursement, etc.) accrued as of the date
of Employee’s death.

4.2          Disability of Employee. If Employee, in the reasonable opinion of a
physician selected by the Company the Board is or has been substantially
unable, due to his physical, mental or emotional illness or condition, to
substantially perform his duties for a period of 16 consecutive weeks in any
consecutive 18 month period or is deemed disabled under the Company’s
disability insurance policy then in effect, then the Company shall have the
right to terminate Employee’s employment upon 30 days’ prior written notice to
Employee at any time during the continuation of such inability, in which event
the Company shall pay to Employee the amounts specified in Section 4.4 below.

4.3          Termination
for Cause. Employee’s
employment with the Company shall terminate immediately upon notice that the
Company is terminating Employee for “cause” (as defined in this Agreement), in
which event the Company shall not be obligated to make any further payments to
Employee other than amounts (including salary, bonuses, expense reimbursement,
etc.) accrued under this Agreement as of the date of such termination and all
amounts due pursuant to Section 4.5 hereof. As used herein, “cause” shall mean
the following:

(i)                      Commission of any act of
fraud or misappropriation;

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(ii)                     Violation of any lawful
express direction of the Company or any violation of any rule, regulation,
policy or plan established by the Company from time to time regarding the
conduct of its employees and/or its Business, if such violation is not remedied
(if capable of remedy) by the Employee within thirty (30) days of receiving
notice of such violation from the Company;

(iii)                     Material violation of any
obligation of this Agreement that is demonstrably willful and deliberate on the
Employee’s part and is not remedied (if capable of remedy) by the Employee
within 15 days after receiving notice of such violation from the Company;

(iv)                     Disclosure or use of
Confidential Information, as defined in Section 5.1, other than as required in
the performance of the Employee’s duties under this Agreement;

(v)                     Indictment (or state law
equivalent) or conviction of a crime constituting a felony or any other crime
involving moral turpitude; and

(vi)                     The Employee’s use of
alcohol or any unlawful controlled substance to an extent that it interferes
materially with the performance of the Employee’s duties under this Agreement.

4.4          Termination
without Cause. The Board in its sole discretion may terminate
Employee’s employment with the Company upon 30 days’ prior written notice to
Employee at any time.

4.5          Severance
Pay. (A) In the event
that Employee is terminated without cause or by reason of disability, and
provided the Employee signs a full release agreement in favor of the Company,
Employee shall be entitled to receive, (i) prior to the first anniversary of
the Effective Date, for a period of eighteen months following such termination,
severance pay in an amount equal to Employee’s Base Salary plus all earned and
unpaid commissions and bonuses; and (ii) after the first anniversary of the
Effective Date, for a period of one year following such termination, severance
pay in an amount equal to Employee’s Base Salary plus all earned and unpaid
commissions and bonuses; and, (B) in the event that Employee is terminated for “cause”
(as defined in Section 4.3 hereof), and provided Employee signs a full release
in favor of the Company, Employee shall be entitled to receive, for a period of
six months following such termination, severance pay in an amount equal to
Employee’s Base Salary, plus all earned unpaid commissions and bonuses. In addition,
the Company shall continue to provide Employee’s medical and dental coverage
then in effect for Employee until the earlier of (i) one year following his
termination date or (ii) upon receipt by Employee of comparable benefits from
an employer or other source.

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SECTION 5.                 RESTRICTIVE COVENANTS

5.1          Confidentiality.

(a)           Employee shall not, either during or
after his employment with the Company, directly or indirectly use, publish or
otherwise disclose or divulge to any third party any trade secrets, confidential
or proprietary information of the Company other than as required by law or in
the ordinary course of the Company business (including, without limitation, any
such information concerning customers, vendors, services, products, processes,
pricing policies, business plans or records, any technical or financial
information or data, or any information relating to the history or prospects of
the Company or any of its stockholders). “Confidential” information includes,
without limitation, all proprietary information, technical data, trade secrets
or know-how of the Company, including, but not limited to research, product
plans, customer lists developments, inventions, processes, formulas,
technology, designs, drawings, engineering, hardware configuration information
or other business information disclosed to Employee by the Company either
directly or indirectly in writing, orally or by drawings or Employee’s
observation of parts or equipment, unpublished information and all information
and data which is not generally known by the industry.

(b)           Employee shall not, either during or
after his employment with the Company, directly or indirectly copy, reproduce
or remove from the Company’s premises, except in the ordinary course of Company
business, trade secrets, confidential or proprietary information of the Company
(in any medium) or any Company documents, files or records (including without
limitation any invoices, customer correspondence, business cards, orders,
computer records or software, or mailing, telephone or customer lists). All
such documents, files and records, and all other memoranda, notes, files,
records, lists and other documents made, compiled or otherwise acquired by
Employee in the course of his employment with the Company are and shall remain
the sole property of the Company and all originals and copies thereof shall be
delivered to the Company upon termination of employment for whatever reason.

5.2          Inventions
and Improvements. Any
and all writings, inventions, improvements, processes, procedures, ideas and/or
techniques which the Employee may have made, conceived, discovered or
developed, or which Employee may make, conceive, discover or develop, either
solely or jointly with any other person or persons, at any time during the term
of his employment with the Company, whether or not during working hours and
whether or not at the request or upon the suggestion of the Company, which (i)
related or relate to or are useful in connection with any Business previously,
now or hereafter carried on or contemplated by the Company, including
developments or expansions of its present fields of operations, (ii) resulted
or result from any work performed by the Employee for the Company or any of its
clients; or (iii) resulted or result from the use of the premises or personal
property (whether tangible or intangible) owned, leased, or contracted for by
the Company (collectively, the “Work Product”), the Employee hereby agrees that
any Work Product shall be the property of the Company and, if subject to
copyright, shall be considered a “work made for hire” within the meaning of the
Copyright Act of 1976, as amended (the “Act”). If and to the extent that any
such Work Product is found as a matter of law not to be a “work made for hire”
within the meaning of the Act, the Employee hereby expressly assigns to the
Company all of his right, title, and interest in and to the Work Product, and
all copies thereof, and the copyright, patent, trademark, trade secret, and all
other proprietary rights in the Work Product, without further consideration,
free from any claim, lien for balance due, or rights of retention thereto on
the part of the Employee. The

 5
 

 

Employee agrees that he shall make full disclosure to
the Company of all such writings, inventions, improvements, processes,
procedures and techniques, and shall do everything necessary or desirable to
vest the absolute title thereto in the Company. The Employee shall write and
prepare all specifications and procedures regarding such inventions,
improvements, processes, procedures and techniques and otherwise aid and assist
the Company so that the Company can prepare and present applications for
copyright or Letters Patent therefore and can secure such copyright or Letters
Patent wherever possible, as well as reissues, renewals, and extensions
thereof, and can obtain the record title to such copyright or patents so that
Alliance shall be the sole and absolute owner thereof in all countries in which
it may desire to have copyright or patent protection. The Employee shall not be
entitled to any additional or special compensation or reimbursement regarding
any and all such writings, inventions, improvements, processes, procedures and
techniques. In the
event that the Company is unable, after reasonable effort, to secure my signature
on any letters patent, copyright, or other analogous protection relating to
Work Product, whether because of the Employee’s physical or mental incapacity
or for any other reason whatsoever, Employee hereby irrevocably designates and
appoints Alliance and its duly authorized officers and agents as my agent and
attorney-in-fact, to act for and on my behalf to execute and file any such
application or applications and to do all other lawfully permitted acts to
further the prosecution and issuance of letters patent, copyright and other
analogous protection with the same legal force and effect as if personally
executed by the Employee.

5.3          Noncompetition
and Nonsolicitation. During the Term of Employee’s employment
and for one year after any termination of employment for any reason, the
Employee shall not, for his own benefit or the benefit of any other person or
entity, directly or indirectly, in any capacity (as an employee, officer,
director, shareholder, partner, agent, principal, independent contractor, owner
or otherwise) (i) engage in or be financially interested in any business
operation in the United States which engages in whole or in part (A) in the
Business or (B) in the manufacture, assembly, design, distribution or marketing
of any product or equipment substantially similar to or in competition with any
product or equipment which at any time during the Term of such employment or
the immediately preceding twelve month period has been manufactured, sold or
distributed by the Company or any product or equipment which the Company was
developing during such period for future manufacture, sale or distribution or
the provision of any service substantially similar to or in competition with
any service offered by the Company at any time during the twelve month period
or which the Company was developing during such period; (ii) solicit, or
attempt to solicit any customer of the Company; (iii) solicit, or contact with
a view to the engagement or employment by, any person or entity of any person
who is an employee of the Company; (iv) seek to contract with or engage (in
such a way as to adversely affect or interfere with the business of the
Company) any person or entity who has been contracted with or engaged to
manufacture, assemble, supply or deliver products, goods, materials or services
to the Company; or (v) engage in or participate in any effort or act to induce
any of the customers, associates, consultants or employees of the Company or
any of its affiliates to take any action which might be disadvantageous to the
Company or any of its affiliates; except that nothing in this Agreement shall
prohibit Employee and his affiliates from owning, as passive investors, in the
aggregate not more than 5% of the outstanding publicly traded stock of any
corporation so engaged. The duration of the Employee’s covenants set forth in
this Section shall be extended by a period of time equal to the number of days,
if any, during which Employee is in violation of the provisions contained in
this Agreement.

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5.4          Injunctive and Other Relief.

(a)           Employee acknowledges that the
covenants contained in this Agreement are fair and reasonable in light of the
consideration paid under this Agreement, and that damages alone shall not be an
adequate remedy for any breach by Employee of his covenants contained herein
and accordingly expressly agrees that, in addition to any other remedies which
the Company may have, the Company shall be entitled to injunctive relief in any
court of competent jurisdiction for any breach or threatened breach of any such
covenants by Employee. Nothing contained in this Agreement shall prevent or
delay the Company from seeking, in any court of competent jurisdiction,
specific performance or other equitable remedies in the event of any breach or
intended breach by Employee of any of his obligations under this Agreement.

(b)           Notwithstanding the equitable relief available to the
Company, the Employee, in the event of a breach of his covenants contained in
Section 5, understands that the uncertainties and delays inherent in the legal
process would result in a continuing breach for some period of time, and
therefore, continuing injury to the Company until and unless the Company can
obtain such equitable relief. Therefore, in addition to such equitable relief,
the Company shall be entitled to monetary damages for any such period of breach
until the termination of such breach, in an amount deemed reasonable to cover
all actual and consequential losses, plus all monies received by Employee as a
result of said breach. If Employee should use or reveal to any other person or
entity any confidential information, this will be considered a continuing
violation on a daily basis for so long a period of time as such confidential
information is made use of by Employee or any such other person or entity.

(c)           Employee agrees that
the foregoing territorial and time limitations are reasonable and properly
required for the adequate protection of the business of the Company and that in
the event that any such territorial or time limitation is deemed to be
unreasonable by a court of competent jurisdiction, then Employee agrees and
submits to the reduction of either said territorial or time limitation to such
an area or period as said court shall deem reasonable.

SECTION 6.                  MISCELLANEOUS

6.1          Arbitration.

(a)           All disputes arising out of or
relating to this Agreement which cannot be settled by the parties shall
promptly be submitted to and determined by a single arbitrator in Montgomery
County, Pennsylvania, pursuant to the rules and regulations then obtaining of
the American Arbitration Association; but nothing in this Agreement shall
preclude the Company from seeking, in any court of competent jurisdiction,
damages, specific performance or other equitable remedies in the case of any
breach or threatened breach by Employee of Section 5. The decision of the
arbitrator shall be final and binding upon the parties, and judgment upon such
decision may be entered in any court of competent jurisdiction.

 7
 

 

(b)           Discovery shall be allowed pursuant
to the intendment of the United States Federal Rules of Civil Procedure and as
the arbitrators determine appropriate under the circumstances.

(c)            The arbitrator shall be required to
apply the contractual provisions in deciding any matter submitted to it and
shall not have any authority, by reason of this Agreement or otherwise, to
render a decision that is contrary to the mutual intent of the parties as set
forth in this Agreement.

6.2          Prior Employment. Employee
represents and warrants that he is not a party to any other employment,
noncompetition or other agreement or restriction which could interfere with his
employment with the Company or his or the Company’s rights and obligations; and
that his acceptance of employment with the Company and the performance of his
duties will not breach the provisions of any contract, agreement, or
understanding to which he is party or any duty owed by him to any other person.

6.3          Severability. The
invalidity or unenforceability of any particular provision or part of any
provision of this Agreement shall not affect the other provisions or parts of
this Agreement. If any provision of this Agreement is determined to be invalid
or unenforce-able by a court of competent jurisdiction by reason of the
duration or geographical scope of the covenants contained in this Agreement,
such duration or geographical scope, or both, shall be considered to be reduced
to a duration or geographical scope to the extent necessary to cure such
invalidity.

6.4          Assignment.
This Agreement shall not be assignable by Employee, and shall be
assignable by the Company only to any person or entity which may become a
successor in interest (by purchase of assets or stock, or by merger, or
otherwise) to the Company in the business or a portion of the business
presently operated by it. Subject to the foregoing, this Agreement and the
rights and obligations set forth in this Agreement shall inure to the benefit
of, and be binding upon, the parties and each of their respective permitted
successors, assigns, heirs, executors and administrators.

6.5          Notices.
All notices shall be in writing and shall be sufficiently given if
hand-delivered, sent by documented overnight delivery service or registered or
certified mail, postage prepaid, return receipt requested or by telegram, fax
or telecopy (confirmed by U.S. mail), receipt acknowledged, addressed as set
forth below or to such other person and/or at such other address as may be
furnished in writing by any party to the other. Any such notice shall be deemed
to have been given as of the date received, in the case of personal delivery,
or on the date shown on the receipt or confirmation therefor, in all other
cases. Any and all service of process and any other notice in any such action,
suit or proceeding shall be effective against any party if given as provided in
this Agreement; but nothing in this Agreement shall be deemed to affect the
right of any party to serve process in any other manner permitted by law.

 8
 

 

(a)                                 If to the Company:

101 E. County Line

Suite 210

Hatboro, PA 19040

Tel: (215) 604-0691

Fax: (215) 604-0695

Attention: General Counsel

(b)                                If to Employee:

Rick Hodge

64 Bittersweet Drive

Doylestown, PA 18901

Tel: (215) 499-0708

Fax: (267) 880-2352

With a copy to:

Drinker Biddle & Reath LLP

One Logan Square

18th and Cherry Streets

Philadelphia, PA 19103-6996

Tel: (215) 988-2700

Fax: (215) 988-2757

Attention: Stephen T.
Burdumy, Esq.

6.6                              Entire
Agreement and Modification. This
Agreement constitutes the entire agreement between the parties with respect to
the matters contemplated in this Agreement and supersedes all prior agreements
and understandings with respect to those matters. Any amendment, modification,
or waiver of this Agreement shall not be effective unless in writing. Neither
the failure nor any delay on the part of any party to exercise any right,
remedy, power or privilege shall operate as a waiver thereof, nor shall any
single or partial exercise of any right, remedy, power or privilege preclude
any other or further exercise of the same or of any other right, remedy, power,
or privilege with respect to any occurrence be construed as a waiver of any
right, remedy, power, or privilege with respect to any other occurrence.

6.7                               Governing
Law. This Agreement is made
pursuant to, and shall be construed and enforced in accordance with, the
internal laws of the Commonwealth of Pennsylvania (and United States federal
law, to the extent applicable), without giving effect to otherwise applicable
principles of conflicts of law.

6.8                               Headings;
Counterparts. The headings of
paragraphs in this Agreement are for convenience only and shall not affect its
interpretation. This Agreement may be executed

 9
 

 

in two or more counterparts, each of which shall be
deemed to be an original and all of which, when taken together, shall be deemed
to constitute but one and the same Agreement.

6.9          Further Assurances. Each
of the parties shall execute such further instruments and take such other
actions as any other party shall reasonably request in order to effectuate the
purposes of this Agreement.

6.10        Waiver. Neither
the failure nor any delay on the part of either party to exercise any right,
remedy, power or privilege under this Agreement shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, remedy, power
or privilege preclude any other or further exercise of the same or of any other
right, remedy, power or privilege, nor shall any waiver of any right, remedy,
power or privilege with respect to any occurrence be construed as a waiver of
such right, remedy, power or privilege with respect to any other occurrence.

6.11        Survival.
The terms and conditions contained in Section 5 shall survive the termination or expiration of this Agreement.

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

	
  

  	
  INFOLOGIX
  INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Gulian

  	
   

  
	
   

  	
  David Gulian

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  EMPLOYEE

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Rick Hodge

  	
   

  
	
   

  	
  Rick Hodge

  

 

EXHIBIT A

INCENTIVE COMPENSATION

The Employee shall be
entitled to the following incentive compensation:

Fiscal Year Ending December 31, 2006

·                  The Employee shall be paid a bonus of $80,000
upon consummation of merger of the Company with a public shell company.

·                  Minimum Performance bonus of $120,000 based
upon achieving Revenue and EBITDA targets set by the Board of Directors.
Minimum Performance bonus will be pro rated and paid monthly throughout the
year. Other incentive compensation may be available at the discretion of the
Board of Directors or the Compensation Committee of the Board of Directors in
excess of the $120,000 referenced above, and such additional amount will be
paid to Employee after the close of the Company’s fiscal year and sign off by
the Company’s auditors.

Fiscal Year Ending December 21, 2007

·                  Minimum Performance bonus of $120,000 based
upon achieving Revenue and EBITDA targets and such other parameters as set by
the Board of Directors or the Compensation Committee of the Board of Directors
for 2007. Minimum Performance bonus will be pro rated and paid monthly
throughout the year. Other incentive compensation may be available at the
discretion of the Board of Directors or the Compensation Committee of the Board
of Directors in excess of the $120,000 referenced above, and such additional
amount will be paid to Employee after the close of the Company’s fiscal year
and sign off by the Company’s auditors.

Fiscal Year Ending December 31, 2008

·                  Compensation to be set by the Board of
Directors or the Compensation Committee of the Board of Directors; provided
that the total compensation opportunity available to the Employee will be no
less than that paid to Employee by the Company in 2007.

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