Document:

ex10-2.htm

Exhibit 10.2

CONSULTING AGREEMENT

This Agreement is made effective as of April 1, 2011 (the “Effective Date”) by and between Aware, Inc. (herein referred to as “Aware”) and Edmund C. Reiter (herein referred to as “Consultant”).

WHEREAS, Consultant has experience in Aware’s business operations and is willing to provide services to Aware based on this experience; and

WHEREAS, Aware desires to have Consultant provide consulting services, on the terms and conditions set forth in this Agreement.

THEREFORE, the parties agree as follows:

	
1.  

	
DESCRIPTION OF SERVICES. Consultant will provide to Aware consulting services relating to Aware’s businesses as reasonably requested by Aware from time to time (“Services”).

	
2.  

	
PAYMENT.  Aware will pay Consultant for Services performed in the amount of Thirty Two Thousand Dollars ($32,000) per month payable on a monthly basis in arrears. Consultant shall be responsible to remit to the applicable taxing authorities all taxes payable in respect of the fees and other amounts paid by the Aware to Consultant hereunder. Upon termination of this Agreement, payments under this paragraph shall cease.

	
3.  

	
TERM/TERMINATION.  This Agreement shall begin on April 2, 2011 and continue until September 30, 2011.  This Agreement may be terminated at any time by mutual agreement between the parties.

	
4.  

	
RELATIONSHIP OF PARTIES.  It is understood by the parties that Consultant is an independent contractor with respect to Aware, and not an employee of Aware.  Aware will not provide fringe benefits, including health insurance benefits, payroll taxes, paid vacation or other compensated absences, or any other employee benefit, for the benefit of Consultant. . Aware will provide such materials and accesses as reasonably required for the Consultant to perform the Services.

	
5.  

	
CONFIDENTIALITY.  Consultant will not at any time, either during the term of this Agreement or thereafter, divulge furnish, or make available, either directly or indirectly, to any person, firm, corporation or other party any proprietary or confidential information of Aware.  Such information includes, but is not limited to, business plans, financial plans, strategic alliances, existing and potential customer lists, technical specifications and intellectual property.

	
6.  

	
INVENTIONS.  Any and all inventions, processes, procedures, systems, discoveries, designs, configurations, formulations, technology, works of authorship (including but not limited to computer programs), trade secrets and improvements (whether or not patentable and whether or not they are made, conceived or reduced to practice during working hours or using Aware’s data or facilities)(collectively, the “Inventions”) which Consultant makes, conceives, reduces to practice, or otherwise acquires during the term of this Agreement (either solely or jointly with others) and which are directly related to Aware’s present or planned services or products, shall be the sole property of Aware and shall at all times and for all purposes be regarded as acquired and held by Consultant in a fiduciary capacity for the sole benefit of Aware.  All Inventions that consist of works of authorship capable of protection under copyright laws shall be prepared by Consultant as works made for hire, with the understanding that Aware shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws.  Consultant hereby assigns to Aware, without further compensation, all such Inventions and any and all patents, copyrights, trademarks, trade names or applications therefore, in the United States and elsewhere, relating thereto.  Consultant shall promptly disclose to Aware all such Inventions and shall assist Aware in obtaining and enforcing for its own benefit patents and copyright registrations on such Inventions in all countries.  Upon reasonable request, Consultant shall execute all applications, assignments, instruments and papers and perform all acts, such as the giving of testimony in interference proceedings and infringement suits or other litigation, necessary or desired by Aware to enable Aware and its successors, assigns and nominees to secure and enjoy the full benefits and advantages of such Inventions.

  

  

  

	
7.  

	
NOTICES.  All notices required or permitted under this Agreement shall be in writing and shall be deemed delivered when delivered in person, via facsimile or via United States mail or overnight delivery services.

	
8.  

	
ENTIRE AGREEMENT.  This Agreement, including any exhibits attached hereto, contains the entire agreement of the parties with respect to the subject matter hereof. There are no other agreements, understandings, covenants, conditions or undertakings, oral or written, express or implied, concerning such subject matter that are not merged herein or superseded hereby.

	
9.  

	
AMENDMENT.  This Agreement may be modified or amended if the amendment is made in writing, signed by both parties, and attached to this Agreement.

	
10.  

	
 SEVERABILITY.  If any provision of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable.

	
11.  

	
WAIVER OF CONTRACTUAL RIGHT.  The failure of either party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Agreement.

	
12.  

	
APPLICABLE LAW.  This Agreement shall be governed by the laws of the Commonwealth of Massachusetts.

	  	
Aware, Inc.

	
Consultant

	  	  	  
	  	  	  
	  	
By:   /s./Richard P. Moberg

	
By: /s/ Edmund C. Reiter

	  	  	  
	  	  	  
	  	
Date:  April 1, 2011

	
Date:  April 1, 2011Form of Waiver

 Exhibit 10.1 
 FORM OF WAIVER 
 WAIVER (this “Waiver”), dated as of
March 30, 2011, to the Credit Agreement dated as of September 26, 2008 (as amended or otherwise modified heretofore, the “Credit Agreement”), among Office Depot, Inc., Office Depot International (UK) Ltd., Office Depot UK
Ltd., Office Depot International B.V., Office Depot B.V., OD International (Luxembourg) Finance S.À R.L. and Viking Finance (Ireland) Ltd. (collectively, the “Borrowers”), certain subsidiaries of Office Depot, Inc. from time
to time parties thereto, the several banks and other institutions from time to time parties thereto (the “Lenders”), JPMorgan Chase Bank N.A., London Branch, as European administrative agent and European collateral agent, JPMorgan
Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent’) and US collateral agent, Bank of America, N.A., as syndication agent, and Citibank, N.A., Wachovia Bank, National Association and General
Electric Capital Corporation, as documentation agents. 
 W I T N E S S E T H: 

WHEREAS, pursuant to the Credit Agreement, the Lenders have agreed to make, and have made, certain loans and other extensions of credit
to the Borrowers; 
 WHEREAS, the Company intends to restate its financial statements with respect to the second, third and
fourth fiscal quarters of 2010 and fiscal year 2010 (collectively, the “2010 Financial Statements”) as a result of the Company being denied a carry-back claim relating to certain net operating losses it had asserted under the
American Recovery and Re-investment Act of 2009 that, as reported in the 2010 Financial Statements, resulted in a tax benefit to the Company of approximately $80,000,000 (the “Carry-Back Claim”); 

WHEREAS, the Borrowers have requested that certain Defaults or Events of Default under the Credit Agreement and the other Loan Documents
with respect to the 2010 Financial Statements be waived as set forth herein; and 
 WHEREAS, the Lenders are willing to agree to
such waiver on the terms set forth herein; 
 NOW THEREFORE, in consideration of the premises and mutual covenants contained
herein, the undersigned hereby agree as follows: 
 I. Defined Terms. Capitalized terms used but not otherwise defined
herein shall have the meanings assigned to them in the Credit Agreement. 
 II. Waiver. The Lenders hereby waive any
Default or Event of Default arising from any representation or warranty made or deemed made by or on behalf of the Company in or relating to the 2010 Financial Statements, or in any certificate furnished in connection with the 2010 Financial
Statements, having been incorrect, or proven to have been incorrect, when made or deemed made (solely as a result of the Carry-Back Claim or other technical adjustments that do not have a material impact on the 2010 Financial Statements taken as a
whole); provided that this waiver shall cease to apply if the restated 2010 Financial Statements are not delivered to the Administrative Agent on or prior to May 15, 2011. 

III. Effectiveness of Waiver. This Waiver shall become effective as of the date first written above (the “Waiver Effective
Date”) upon receipt by the Administrative Agent of duly executed counterparts to this Waiver from the Borrowers, the Collateral Agents and the Required Lenders. 

 IV. Representations and Warranties. The Borrowers hereby represent and warrant that
(a) after giving effect to this Waiver, each of the representations and warranties in the Credit Agreement shall be true and correct in all material respects as if made on and as of the Waiver Effective Date (unless such representations and
warranties relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date) and (b) after giving effect to this Waiver, no Default or Event of
Default shall have occurred and be continuing. 
 V. Governing Law. This Waiver shall be governed by and construed in
accordance with the laws of the State of New York, but giving effect to federal laws applicable to national banks. 
 VI.
Counterparts. This Waiver may be executed by one or more of the parties hereto on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. This Waiver may be
delivered by facsimile or other electronic transmission of the relevant signature pages hereof. 
 [signature pages follow]

  
 2 

 IN WITNESS WHEREOF, the undersigned have caused this Waiver to be executed and delivered by
their duly authorized officers as of the date first above written. 
  

			
	 OFFICE DEPOT, INC.

		
	By:	 	  

		 	 Name:

		 	 Title:

	
	OFFICE DEPOT INTERNATIONAL (UK) LTD.
		
	By:	 	  

		 	 Name:

		 	 Title:

	
	OFFICE DEPOT UK LTD.
		
	By:	 	  

		 	 Name:

		 	 Title:

	
	OFFICE DEPOT INTERNATIONAL B.V.
		
	By:	 	  

		 	 Name:

		 	 Title:

	
	OFFICE DEPOT B.V.
		
	By:	 	  

		 	 Name:

		 	 Title:

	
	VIKING FINANCE (IRELAND) LTD.
		
	By:	 	  

		 	 Name:

		 	 Title:

Waiver Signature Page 

 
			
	OD INTERNATIONAL (LUXEMBOURG) FINANCE S.À R.L.
		
	By:	 	  

		 	 Name:

		 	 Title:

  

			
	OD INTERNATIONAL (LUXEMBOURG) FINANCE S.À R.L.
		
	By:	 	  

		 	 Name:

		 	 Title:

Waiver Signature Page 

 
			
	JPMORGAN CHASE BANK, N.A., as Administrative Agent, US Collateral Agent and as a Lender
		
	By:	 	  

		 	 Name:

		 	 Title:

	
	JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as European Collateral Agent
		
	By:	 	  

		 	 Name:

		 	 Title:

Waiver Signature Page 

 
			
	 [INSERT LENDER NAME], as a Lender

		
	By:	 	  

		 	 Name:

Waiver Signature Page

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