Document:

Exhibit

Exhibit 10.34
Equinix, Inc.
Annual Incentive Plan
AWARD AGREEMENT FOR EXECUTIVE STAFF EMPLOYEES
 
(January 1, 2018 – December 31, 2018 Performance Period)

Bonus Award
Bonus Award – You are eligible to earn a Bonus Award with respect to the performance period commencing January 1 and ending December 31, 2018 (the “Performance Period”), subject to the terms and provisions of this Bonus Award Agreement (this “Agreement”) and the Equinix, Inc. Annual Incentive Plan, as amended from time to time (the “AIP”).  Unless and until the Committee determines that a Bonus Award is payable in the manner set forth below under the headings “Vesting” and “Payment,” you will have no right to payment of the Bonus Award.  Prior to payment of the Bonus Award, the Bonus Award represents an unsecured obligation of Equinix, Inc. (the “Company”), payable (if at all) from the general assets of the Company.  
YOUR FAILURE TO REJECT THIS AGREEMENT WITHIN 60 DAYS WILL CONSTITUTE YOUR ACCEPTANCE OF THE TERMS AND CONDITIONS OF THIS BONUS AWARD, AS SET FORTH IN THIS AGREEMENT AND THE AIP.
Definitions – All capitalized terms used in this Agreement without definition have the meanings ascribed them in the AIP.
Incorporation of Terms of AIP – The Bonus Award is subject to the terms and conditions of the AIP, which is incorporated herein by reference.  In the event of any inconsistency between the AIP and this Agreement, the terms of the AIP will control.
Performance Goals
Revenue/AFFO Goals.  The Performance Goals, which will based on the following two criteria, will be established prior to the end of the first quarter of the Performance Period by the Compensation Committee based on the operating plan approved by the Board for the Performance Period (the “Operating Plan”):
		
	•
	Revenue of the Company

		
	•
	Adjusted Funds from Operations (“AFFO”)

Each Performance Goal will be weighted equally for purposes of determining the amount payable under the Bonus Award.  The Performance Goals will be set forth in a matrix that will be separately communicated to you.
Adjustments.  The determination of the attainment level of the Performance Goals will exclude the impact of one-time events affecting the attainment level of the Performance Goals, including, without limitation, expansion projects or acquisitions not contemplated under the Operating Plan.  The determination of the attainment level of the Performance Goals will also exclude the impact of fluctuations in foreign currencies against the foreign currency rates used to determine the Operating Plan.
Bonus Target Amount.  The Bonus Target Amount, which will be communicated to you separately, represents the amount that you are eligible to earn if the Performance Goals are attained at the target level (i.e., 100%), subject to the terms and conditions set forth in the Agreement, including any adjustments to reflect individual performance.
Below-Target Performance.  The aggregate amount that becomes payable under Bonus Awards with respect to each Performance Goal if performance is attained at the target level will be reduced by 20% for attainment levels at each percentage point below the target level.  For instance, if the attainment of the AFFO Performance Goal is 2% below the target level performance, only 60% of the amount that becomes payable with respect to the AFFO Performance Goal based on attainment at the target level will become payable.
Minimum Goals.  No Bonus Award will become payable if both of the Performance Goals are attained at 95% or a lower level.
Enhanced “Stretch Goal” Bonus Award Amount.  For Participants other than the Executive Staff, an additional amount up to 125% of the aggregate amount that becomes payable if the Performance Goal are attained at the target level will become 

available for Bonus Awards in the event the Performance Goals are attained at a level between the target level and the “stretch” target level established by the Compensation Committee.
Vesting
Vesting – Except as expressly provided in this Agreement, if the Committee determines that the Performance Goals for the Performance Period have been met and the other terms and conditions set forth in the AIP have been satisfied, you will be entitled to receive payment of the Bonus Award  Except as expressly provided in this Agreement, you will not be eligible to receive payment of the Bonus Award if you have not been continuously and actively employed with Equinix or an Affiliate (the “Employer”) through the date of payment described under the heading “Payment” or any of the following circumstances apply on the date of payment without any further action by the Company or the Committee:
		
	•
	you are on a Performance Improvement Plan;

		
	•
	you are on notice (whether given or received) for a termination of employment with the Employer; 

		
	•
	you are on garden or similar non-paid leave; and/or

		
	•
	you have been suspended from your duties for any reason and/or are subject to ongoing proceedings.

You will not be considered to be continuously and actively employed with the Employer once you have stopped providing services, notwithstanding any notice period mandated under the employment laws of the country where you reside (e.g., active employment would not include a period of “garden leave” or similar period pursuant to the employment laws of the country where you resides), unless otherwise determined by the Company on a country-by-country basis.  
Unless otherwise determined by the Committee, a leave of absence will not constitute a termination of continuous service. The Committee has the exclusive discretion to determine when you are no longer actively employed for purposes of the Bonus Award, subject to compliance with Section 409A of the Code.
Payment
Cash Payment – Any Bonus Award that becomes payable in accordance with the terms under the heading “Vesting” will be paid in cash. 
Payment Timing – Except as otherwise provided in the following sentence, the Bonus Award Payment will be paid as soon as practicable following the date the Committee determines the Performance Goal Attainment Factor and determines a Bonus Award has vested and is payable for the Performance Period.  
Payment Amount –The Committee retains the right, in its sole discretion, to modify the determination of the Performance Goal Attainment Factors (resulting in a reduction, an increase or elimination (including to zero) of, the amount of the Bonus Award Payment) to take into account recommendations of the Chief Executive Officer of the Company and/or such additional factors including qualitative factors, if any, that the Committee may deem relevant to the assessment of individual or corporate performance for the Performance Period.  
New Hires – If you begin employment with the Employer following the commencement of the Performance Period, the amount of a Bonus Award Payment, if any, that becomes payable will be pro rated by multiplying the Bonus Award Payment by the Participation Period Factor.
Change in Employment Position – If you change employment positions with the Employer such that the Bonus Target allocated to the new position is different than the Bonus Target allocated to the former position, then the amount of the Bonus Award Payment, if any, that becomes payable will be equal to the sum of (a) the Bonus Award Payment calculated based on the Bonus Target applicable prior to the change in the employment position, multiplied by the Participation Period Factor, plus (b) the Bonus Award Payment calculated based on the Bonus Target applicable following the change in the employment position, multiplied by the Participation Period Factor.  
Responsibility for Taxes/Tax Withholding – You must make full payment to your Employer of all income tax, payroll tax, payment on account, and social insurance contribution amounts (“Tax”), which under U.S. federal, state, local or non-U.S. law, the Employer is required to withhold upon vesting or other tax event related to the Bonus Award Payment.  In a case where the Employer is obliged to (or would suffer a disadvantage if it were not to) account for any Tax (in any jurisdiction) or any social security contributions recoverable from and legally applicable to you for which you are liable by virtue of your acceptance of the Bonus Award or receipt of the Bonus Award Payment (the “Tax-Related Items”), you will make full payment to the Employer of an amount equal to the Tax-Related Items, or otherwise enter into arrangements acceptable to the Employer or another Affiliate 

to secure that such a payment is made (whether by withholding from the payment of the Bonus Award Payment, your wages or other cash compensation paid to you).  Further, if you become subject to Tax- Related Items in more than one jurisdiction, you acknowledges that the Company and/or the Employer (or former Employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction.
Nontransferability of Bonus Award – The Bonus Award or the interests or rights therein may not be transferred in any manner other than by will or by the laws of descent and distribution, and may not be assigned, hypothecated or otherwise pledged or made subject to execution, attachment or similar process.  Upon any attempt to effect any such disposition, or upon the levy of any such process, in violation of the provisions herein, the Bonus Award will immediately become null and void and any rights to receive a payment under the Bonus Award will be forfeited.
Confidentiality – all information disclosed in this Agreement is proprietary to the Company. Communication of the terms in this Agreement or the Bonus Award to anyone other than those currently employed by the Company and who have a need to know its contents will be considered a breach of the employee’s obligation of confidentiality and may subject the individual to disciplinary action.
NO GUARANTEE OF CONTINUED EMPLOYMENT – YOU HEREBY ACKNOWLEDGE AND AGREE THAT THE VESTING OF THE BONUS AWARD PURSUANT TO THE PROVISIONS OF THE AIP AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH IN THIS AGREEMENT AND THE AIP ARE SATISFIED AND BY YOU CONTINUING TO BE EMPLOYED AT THE WILL OF THE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE EMPLOYER OR BEING ELIGIBLE TO EARN A BONUS AWARD HEREUNDER).  YOU FURTHER ACKNOWLEDGE AND AGREE THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE BONUS AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE WITH THE YOUR RIGHT OR THE RIGHT OF THE EMPLOYER TO TERMINATE YOUR EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDE OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.
Entire Agreement; Amendments – The AIP and this Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and you with respect to the subject matter hereof.  Nothing in the AIP and this Agreement (except as expressly provided therein) is intended to confer any rights or remedies on any persons other than the parties.  
The Committee may amend the terms of this Agreement at any time in its sole discretion, including with retroactive effect.
Headings – The captions used in this Agreement are inserted for convenience and are not to be deemed a part of the Bonus Award for construction or interpretation.
Notices – Any notice required or permitted hereunder is to be (i) given in writing and will be deemed effectively given upon personal delivery, upon deposit for delivery by an internationally recognized express mail courier service or upon deposit in the United States mail by certified mail (if the parties are within the United States), with postage and fees prepaid, addressed to the other party at its address as shown in these instruments, or to such other address as such party may designate in writing from time to time to the other party or (ii) delivered electronically through the Company’s electronic mail system (including any notices delivered by a third-party) and will be deemed effectively given upon such delivery.  Any documents required to be given or delivered to you related to current or future participation in the AIP may also be delivered through electronic means as described below under the heading “Electronic Delivery and Acceptance.”
Successors and Assigns – The Company may assign any of its rights under this Agreement to single or multiple assignees, and this Agreement will inure to the benefit of the successors and assigns of the Company.  Subject to the restrictions on transfer herein set forth, this Agreement will be binding upon you and your heirs, executors, administrators, successors and assigns.
Severability – Whenever feasible, each provision of this Agreement and the AIP will be interpreted in such manner as to be effective and valid under applicable law, but if any provision in the AIP or this Agreement is held to be prohibited by or invalid under applicable law, such provision will be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of, the AIP or this Agreement.
No Advice Regarding Bonus Award – The Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding your participation in the AIP.  You understand and agree that you should consult with 

your own personal tax, legal and financial advisors regarding your participation in the AIP before taking any action related to the AIP.
Electronic Delivery and Acceptance – The Company may, in its sole discretion, decide to deliver any documents related to current or future participation in the AIP by electronic means.  You hereby consents to receive such documents by electronic delivery and agree to participate in the AIP through any on-line or electronic system established and maintained by the Company or a third party designated by the Company.
Waiver –  You hereby acknowledges that a waiver by the Company of a breach of any provision of this Agreement will not operate or be construed as a waiver of any other provision of this Agreement or of any subsequent breach by your or any other participant of the AIP.Exhibit 10.2

 

CONSULTING AGREEMENT

 

This Consulting Agreement (this “Agreement”)
between CCUR Holdings, Inc., a Delaware corporation (the “Company”), and WAYNE BARR, JR. (“Consultant”)
is entered into as of February 13, 2018 (the “Effective Date”). The signatories to this Agreement may
be referred to collectively as the “Parties” and individually as a “Party.”

 

WHEREAS, Consultant
is currently a member and Chairman of the Company’s Board of Directors (the “Board”);

 

WHEREAS, effective
on the Effective Date, in addition to service as the Chairman of the Company’s Board, Consultant desires to serve as the
Interim Chief Executive Officer and President of the Company; and

 

WHEREAS, the Company
desires to retain Consultant to serve as the Interim Chief Executive Officer and President of the Company in addition to his service
as the Chairman of the Company’s Board, subject to the terms and conditions set forth herein.

 

NOW, THEREFORE, in
consideration of the mutual covenants, representations, warranties, and agreements contained herein, and for other valuable consideration,
the receipt and adequacy of which are hereby acknowledged, the Parties agree as follows:

 

1.           Consulting
Relationship.

 

(a)          Services.
During the Consulting Term (as defined in Section 1(b), below), Consultant agrees to provide certain advisory and consulting services
(the “Services”) to the Company as reasonably requested by the remaining members of the Company’s
Board of Directors (the “Independent Directors”), which services shall include identifying, researching
and presenting investment opportunities to the Independent Directors. Consultant agrees to attend such meetings or calls with
the Company representatives, members of the Board, the Company clients, the Company stockholders, analysts and the media as the
Company may reasonably request for communication and application of his Services. Consultant shall use his best efforts to accommodate
such requests for the provision of the Services, and shall devote his reasonable time and best efforts, skill and attention to
the performance of the Services, including travel that is reasonably requested in the performance of such Services. Consultant
shall coordinate the furnishing of the Services with the remaining members of the Independent Directors in order that such Services
can be provided in such a way as to generally conform to the business schedules and performance standards of the Company, but
the method of performance, place of performance, hours utilized in such performance, and other details of the manner of performance
of Consultant’s provision of the Services shall be within the sole control of Consultant.

 

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(b)          Consulting
Term and Termination. Unless earlier terminated as provided herein, the “Consulting Term” shall
begin on the Effective Date and continue until this Agreement is terminated in accordance with this Section 1(b). Each Party may
terminate this Agreement for any reason upon thirty (30) days’ written notice to the other Parties. Upon the termination
of the Consulting Term other than by the Company for Cause, the Company shall have no further obligations to Consultant
pursuant to Section 1(c) below other than payment for those Services performed prior to the date that the Consulting Term terminated.
Notwithstanding the foregoing, the Company may also terminate this Agreement immediately (and without prior written notice) for
Due Cause. In the event the Consulting Term is terminated by the Company for Due Cause, all compensation under Section 1 of this
Agreement shall cease immediately. As used herein, “Due Cause” shall exist in the event that: (i) Consultant
commits a willful serious act, such as (but not limited to) embezzlement, against the Company intended to enrich himself at the
expense of the Company or has been convicted of a felony, or of a misdemeanor involving moral turpitude; (ii) Consultant (A) willfully
or grossly neglects his duties under this Agreement hereunder, (B) commits a material violation of the Company’s policies
or procedures, or (C) intentionally fails to observe specific lawful directives or policies of the Board of Directors; (iii) Consultant
undertakes to provide any chief executive officer certification required under the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley
Act”) without taking reasonable and appropriate steps as outlined by the Company’s audit committee to determine
whether the certification was accurate; or (iv) Consultant fails to fulfill any of his duties under, or violation of any provision
of, the Sarbanes-Oxley Act, including, but not limited to, failure to establish and administer effectively systems and controls
as outlined by the Company’s audit committee necessary for compliance with the Sarbanes-Oxley Act.

 

(c)          Consulting
Payments. During the Consulting Term, the Company will pay Consultant a fee, in cash, at a rate of $15,000 per month, payable
at the beginning of each month during the Consulting Term, for all Services performed during the Consulting Term.

 

(d)          Equity.
The Company shall grant Consultant a Non-Qualified Stock Option, as defined in the Company’s 2011 Amended and Restated Stock
Incentive Plan (the “Stock Plan”), for the purchase of fifteen thousand (15,000) shares of the Company’s common
stock, $.01 par value on the second business day following the Company’s first earnings release after the Effective Date
(the “Granted Stock Option”), subject to the terms and conditions set forth in the applicable award agreement. The
Granted Stock Option shall vest and become exercisable in three equal installments on the first three anniversaries of the date
of grant. The Granted Stock Option shall immediately accelerate and become fully vested upon (i) the effective date of the Company’s
termination of Consultant’s service as Interim CEO and President of the Company under this Agreement, which shall not include
(a) Consultant’s election to terminate this Agreement unless such termination is in conjunction with or conditioned on the
Company’s purchase of a significant operating asset or a sale or merger of the Company or (b) termination for Due Cause,
or (ii) a “change of control” as defined in the Stock Plan.

 

(e)          Director
Compensation. During the Consulting Term, Consultant shall not receive any additional cash compensation from the Company for
his services as a director other than as provided in this Agreement. Consultant shall remain eligible to receive, and shall continue
to vest in, all equity compensation awards in connection with his service as a member and Chairman of the Board during the Consulting
Term.

 

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(f)          Resignation
from Directorships. The termination of this Agreement shall not constitute Consultant’s termination as a member
and Chairman of the Board, unless mutually agreed upon by Consultant and the Board, provided that if Consultant is terminated
by the Company for Due Cause, such termination shall constitute Consultant’s immediate resignation from any officer, director
or fiduciary position with the Company.

 

(g)          Expenses.
During the Consulting Term, Consultant will be entitled to receive reimbursement by the Company for all reasonable out-of-pocket
expenses incurred by him (in accordance with the policies and procedures established by the Company), in connection with his performing
Services hereunder. Reimbursements shall be made in accordance with the Company’s normal expense reimbursement policies
and procedures (including timing), and such reimbursements will be made no later than the last day of Consultant’s taxable
year following the taxable year in which the expense was incurred. The expenses reimbursed during any taxable year of the Consultant
will not affect the expenses paid by the Company in another taxable year. This right to reimbursement is not subject to liquidation
or exchange for another benefit.

 

(h)          Benefits.
In connection with his services hereunder, Consultant shall not be eligible for or claim any benefits or perquisites that the
Company provides to its employees including, but not limited to, medical, dental and life insurance coverage, bonuses, paid time
off, or stock purchase plan, pension plan or thrift plan coverage. The Company is not responsible for and shall not provide workers’
compensation insurance for Consultant or any employees of Consultant.

 

(i)          Withholding.
Consultant acknowledges that he will receive an IRS Form 1099-MISC from the Company for any compensation provided under this Agreement.
Consultant acknowledges and agrees that (i) the Company is not required to, and will not, withhold from payments or benefits to
be made to Consultant under this Section 1 any sums for income tax, unemployment insurance, social security, or any other withholding,
or make any contributions on Consultant’s behalf for unemployment insurance or social security, (ii) Consultant is solely
responsible for the timely payment of all income and other taxes with respect to the Services performed by Consultant hereunder,
and (iii) Consultant shall be solely responsible for making all applicable tax filings and remittances with respect to amounts
paid to Consultant pursuant to this Agreement and Consultant shall indemnify and hold harmless the Company for all claims, damages,
costs and liabilities arising from any failure to do so.

 

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2.           Trade
Secrets and Other Confidential Information. Except as may be required in the performance of Consultant’s duties with
the Company, or as may be required by law, Consultant will not, during or after the Consulting Term, reveal to any person or entity
or use any Confidential Information. For purposes of this Agreement, “Confidential Information” means
trade secrets and other confidential information relating to the business of the Company, that has value to the Company and is
not generally known to its competitors. Confidential Information includes, but is not limited to, lists of actual or prospective
customers, details of customer contracts, current or anticipated customer requirements, pricing policies, price lists, business
plans, licensing strategies, operational methods, marketing plans or strategies, product development techniques, computer software
programs (including object code and source code), data and documentation, data base technologies, systems, structures and architectures,
research and development, financial information, information regarding recruitment and hiring activities, and personnel information.
Confidential Information includes trade secrets (as defined under Georgia law) as well as information that does not rise
to the level of a trade secret. However, Confidential Information does not include any data or information that has been voluntarily
disclosed to the public by the Company (except where such public disclosure has been made by Consultant without authorization)
or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means.
Consultant understands that Consultant’s obligations as set forth in this Section 2 are in addition to and not in lieu of
any other obligations Consultant may have to protect Confidential Information (including, but not limited to, obligations arising
under the Company’s policies, ethical rules, and applicable law), and such obligations will continue for so long as the
information in question continues to constitute Confidential Information. In the event Consultant is requested or required pursuant
to any legal, governmental, or investigatory proceeding or process or otherwise to disclose any Confidential Information, Consultant
agrees to promptly notify the Company in writing prior to disclosing any such Confidential Information (unless such notification
would be prohibited by law) so that the Company may seek a protective order or other appropriate remedy. Consultant agrees to
cooperate with the Company to preserve the confidentiality of such Confidential Information consistent with applicable law or
court order and to use Consultant’s best efforts to limit any such disclosure to the minimum disclosure necessary to comply
with such law or court order. Notwithstanding the foregoing, Consultant is not prohibited from reporting possible violations of
federal law or regulation to any government agency or entity or making other disclosures that are protected under whistleblower
provisions of law and Consultant does not need prior authorization to make such reports or disclosures.

 

3.           Non-disparagement.
Consultant agrees not to make, publish or communicate to any person or entity or in any public forum (including social media)
at any time any defamatory or disparaging remarks, comments, or statements concerning the Company or its officers, directors,
employees, clients or services.

 

4.           Injunctive
Relief. Consultant acknowledges that any breach of his obligations under Sections 2 and 3 of this Agreement would cause irreparable
harm to the Company, the exact amount of which would be difficult to determine, and that the remedies at law for any such breach
would be inadequate. Accordingly, Consultant agrees that, in addition to any other remedy that may be available to the Company,
the Company shall be entitled to specific performance and injunctive and other equitable relief, without posting bond or other
security, to enforce or prevent any violation of such provisions. In any action for injunctive relief, the prevailing party will
be entitled to collect reasonable attorneys’ fees and other reasonable costs from the non-prevailing party.

 

5.           Notification
to Subsequent Employer. Consultant agrees to notify any subsequent employer of the existence and terms of the provisions set
forth in Sections 2 through 4 of this Agreement. In addition, Consultant authorizes the Company to provide a copy of such provisions
to third parties, including but not limited to Consultant’s subsequent, anticipated or possible future employers.

 

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6.           Defend
Trade Secrets Act. Consultant is hereby notified that under the Defend Trade Secrets Act: (a) no individual will be held criminally
or civilly liable under federal or state trade secret law for disclosure of a trade secret (as defined in the Economic Espionage
Act) that is: (i) made in confidence to a federal, state, or local government official, either directly or indirectly,
or to an attorney, and made solely for the purpose of reporting or investigating a suspected violation of law; or (ii) made in
a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal so that it is not made
public; and (b) an individual who pursues a lawsuit for retaliation by an employer for reporting a suspected violation of the
law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding,
if the individual files any document containing the trade secret under seal, and does not disclose the trade secret, except as
permitted by court order.

 

7.           Notices.
All notices, requests, demands, claims, consents and other communications which are required, permitted or otherwise
delivered under this Agreement shall in every case be in writing and shall be deemed properly served if: (a) delivered
personally, (b) sent by registered or certified mail, in all such cases with first class postage prepaid, return receipt
requested, or (c) delivered by a recognized overnight courier service to the Parties at the addresses set forth below:

 

	To the Company:	CCUR Holdings, Inc.
	 	4375 River Green Parkway, Suite 210
	 	Duluth, Georgia 30096
	 	Attn: Board of Directors
	 	 
	With a copy to:	Andrews Kurth Kenyon LLP
	 	450 Lexington Avenue
	 	New York, NY 10017
	 	Attn: Paul Silverstein and Anthony Eppert
	 	 
	To Consultant:	Consultant’s address as on file with the Company

 

or to such other address as shall be furnished
in writing by either Party to the other Party; provided, that such notice or change in address shall be effective only when actually
received by the other Party. The date of service of any such notices or other communications shall be: (i) the date such notice
is personally delivered, (ii) three business days after the date of mailing if sent by certified or registered mail, or (iii) one
business day after the date of delivery to the overnight courier if sent by overnight courier.

 

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8.           Arbitration.
Any disputes or claims of any kind or nature, including as to arbitrability under this Agreement, between Consultant and the Company
arising out of, related to, or in connection with any aspect of Consultant’s engagement by the Company or its termination,
including all claims arising out of this Agreement, and claims for alleged discrimination, harassment, or retaliation in violation
of Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, 42 U.S.C. § 1981, the Age Discrimination in Employment
Act of 1967, the Americans with Disabilities Act of 1990, the Family and Medical Leave Act of 1993, the Fair Labor Standards Act,
the Employee Retirement Income Security Act of 1974, or any other federal, state, or local law, shall be settled by final and
binding arbitration in Fulton County, Georgia. Either party may file a written demand for arbitration with the American Arbitration
Association pursuant to its National Rules for the Resolution of Employment Disputes. The arbitration shall be conducted
by a single neutral arbitrator who is a member of the Bar of the State of Georgia, has been actively engaged in the practice of
law for at least fifteen (15) years, and has substantial experience in connection with business transactions and interpretation
of contracts. In considering the relevancy, materiality, discoverability, and admissibility of evidence, the arbitrator shall
take into account, among other things, applicable principles of legal privilege, including the attorney-client privilege, the
work product doctrine, and appropriate protection of the Company’s confidential information. Upon the request of either
party, the arbitrator’s award shall be written and include findings of fact and conclusions of law. Judgment on the award
rendered by the arbitrator may be entered by any court having jurisdiction. Any arbitration of any claim by Consultant may not
be joined or consolidated with any other arbitration(s) by or against the Company, including through class or collective arbitration.
The prevailing party in any such arbitration, or in any action to enforce this Section 8 or any arbitration award hereunder, shall
be entitled to recover that party’s attendant attorneys’ fees and related expenses from the other party to the maximum
extent permitted by law. The Company shall be responsible for payment of all mediation and arbitration filing and administrative
fees, and all fees and expenses of the mediator or arbitrators, irrespective of the outcome, as to any federal statutory claims
by Consultant or as may otherwise be required by law for this Agreement to be enforceable. Notwithstanding any other provision
of this Agreement, the Company may seek temporary, preliminary, or permanent injunctive relief against the Consultant at any time
without resorting to arbitration. The Parties agree that this Agreement involves interstate commerce and that this arbitration
provision is therefore subject to and governed by the Federal Arbitration Act.

 

9.           General
Provisions.

 

(a)          No
Admission of Liability. The Company and its agents expressly deny that they have any liability to Consultant, and this Agreement
is not to be construed as an admission of any such liability. If this Agreement does not become effective, it shall be deemed
negotiation for settlement purposes only and will not be admissible or usable for any purpose.

 

(b)          Entire
Agreement; Modification. This Agreement sets forth the entire agreement between the parties regarding the subject matter of
this Agreement, and supersedes and replaces any and all other agreements, written or oral, express or implied, between the parties
concerning the same subject matter, with the exception of any prior restrictive covenants or invention assignment agreements between
the Parties, which remain in effect. Except as expressly provided herein, this Agreement will supersede and render null and void
any and all prior agreements between the Parties and their agents and personnel on the subject of this Agreement. No provision
of this Agreement may be amended, changed, altered, or modified except by mutual written agreement of Consultant and a duly authorized
representative of the Company.

 

(c)          Waiver.
No term or condition of this Agreement shall be deemed to have been waived, nor shall there be an estoppel against the enforcement
of any provision of this Agreement, except by written instrument of the party charged with such waiver or estoppel.

 

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(d)          Severability.
Should any provision of this Agreement be declared or determined by any court of competent jurisdiction to be unenforceable or
invalid for any reason, the validity of the remaining parts, terms or provisions of this Agreement shall not be affected
thereby and the invalid or unenforceable part, term or provision shall be deemed not to be a part of this Agreement. In the event
a court of competent jurisdiction determines that any restrictive covenant set forth in this Agreement is excessive in duration
or scope or is otherwise unreasonable or unenforceable as drafted, it is the intent of the parties that such restriction be modified
to render it enforceable to the maximum extent permitted by law.

 

(e)          Successors
and Assigns. Consultant may not assign this Agreement or any part hereof, and any purported assignment by Consultant shall
be null and void. This Agreement shall be assignable by the Company. This Agreement shall inure to the benefit of and be binding
upon personal or legal representatives, executors, administrators, successors, assignees, heirs, distributees, devisees and legatees.

 

(f)          Survival.
Upon termination of the Consulting Term for any reason, this Agreement shall terminate and the Company shall have no further obligation
to Consultant; provided that the provisions set forth in Sections 2 through 9 shall remain in full force and effect after the
termination of this Agreement for any reason.

 

(g)          Governing
Law; Venue. This Agreement shall be deemed to be made in, and in all respects shall be interpreted, construed, and governed
by and in accordance with the laws of the State of Georgia, irrespective of its choice of law rules. While it is the intention
of the parties that Section 8 of this Agreement be fully enforced, to the extent any judicial action is required in aid of Section
8 of this Agreement or otherwise, any such action arising under or related to this Agreement or Consultant’s engagement
by the Company shall be filed exclusively in the state or federal courts with jurisdiction over Fulton County, Georgia, and the
parties hereby consent to the jurisdiction and venue of such courts.

 

(h)          Construction.
In the event that an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted
jointly by the parties, 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. As used herein, the phrase “including” means “including, but not
limited to” in each instance. “Or” is used in the inclusive sense of “and/or”. The headings and
captions used in this Agreement are for convenience of reference only, and shall in no way define, limit, expand, or otherwise
affect the meaning or construction of any provision of this Agreement.

 

(i)          Counterparts.
This Agreement may be executed in two or more counterparts, each of which will be deemed an original, and all of which together
will constitute one document. This Agreement may be signed and delivered by fax transmission or email, which shall be effective
as an original.

 

    	Page 7 of 9

     

    

 

(j)          Section
409A. Payments pursuant to this Agreement are intended to be exempt from Section 409A of the Code and accompanying regulations
and other binding guidance promulgated thereunder (collectively, “Section 409A”), and the provisions
of this Agreement will be administered, interpreted and construed accordingly. Notwithstanding any other provision in this Agreement
to the contrary, the Company shall have the right, in its sole discretion, to adopt such amendments to this Agreement or take
such other actions (including amendments and actions with retroactive effect) as it determines is necessary or appropriate
for this Agreement to comply with Section 409A. Notwithstanding the foregoing, the Company makes no representations that the payments
and benefits provided under this Agreement comply with or are exempt from Section 409A and in no event shall the Company be liable
for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by Consultant on account of non-compliance
with Section 409A.

 

[SIGNATURES ON NEXT PAGE]

 

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IN WITNESS WHEREOF,
the parties hereto have executed this Agreement on the date(s) indicated below to be effective on the Effective Date.

 

	WAYNE BARR, JR.:	 	CCUR HOLDINGS, INC.:
	 	 	 	 
	/s/ Wayne Barr, Jr.	 	By:	/s/ Steven Singer
	 	 	 	 	 
	Date:	 	 	Its:	Director & Chairman of Compensation Comm.
	 	 	 	 
	 	 	Date:	 

 

    	Page 9 of 9

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