Document:

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                                                                    EXHIBIT 10.1

                    FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT

         This FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT is made effective as of
December 12, 2000, by and among Chester National Bank, a national bank, Chester
Bancorp, Inc., a Delaware corporation, and Edward K. Collins.

         WHEREAS, the parties hereto previously entered into and executed that
certain Employment Agreement dated October 4, 1996, as amended by that a First,
Second and Third Amendment to Employment Agreement dated December 31, 1997,
December 8, 1998 and December 14, 1999 (the "Employment Agreement"). Capitalized
terms used herein and not otherwise defined herein have the meanings given to
such terms in the Employment Agreement;

         WHEREAS, the parties to the Employment Agreement desire to amend the
Agreement to extend the term thereof for an additional year, as contemplated by
Section 2 of the Employment Agreement;

         WHEREAS, the Board of Directors of the Bank has conducted a formal
performance evaluation of the Executive for purposes of determining whether to
extend the Employment Agreement, and has determined that such Employment
Agreement should be extended for an additional year.

         NOW, THEREFORE, in consideration of the mutual covenants contained
herein and in the Employment Agreement, and upon the other terms and conditions
hereinafter provided, the parties hereto agree that the term of the Employment
Agreement is hereby extended until January 1, 2004, and all other terms and
provisions of the Employment Agreement shall remain in full force and effect.

         IN WITNESS WHEREOF, the parties hereto have executed this Amendment to
Employment Agreement as of the 12th day of December, 2000.

CHESTER NATIONAL BANK                      CHESTER BANCORP, INC.

By: /s/ Robert H. Gross                    By:  /s/ Michael W. Welge
   -------------------------------            ----------------------------------
Name:  Robert H. Gross                     Name:  Michael W. Welge
     -----------------------------              --------------------------------
Title: Vice-President/Secretary            Title: Chairman and President
      ----------------------------               -------------------------------

EXECUTIVE

 /s/ Edward K. Collins
----------------------------------
         Edward K. Collins<PAGE>   1

                                                                    EXHIBIT 10.2

                    FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT

         This FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT is made effective as of
December 12, 2000, by and among Chester National Bank, a national bank, Chester
Bancorp, Inc., a Delaware corporation, and Michael W. Welge.

         WHEREAS, the parties hereto previously entered into and executed that
certain Employment Agreement dated October 4, 1996, as amended by that a First,
second and Third Amendment to Employment Agreement dated December 31, 1997,
December 8, 1998 and December 14, 1999 (the "Employment Agreement"). Capitalized
terms used herein and not otherwise defined herein have the meanings given to
such terms in the Employment Agreement;

         WHEREAS, the parties to the Employment Agreement desire to amend the
Agreement to extend the term thereof for an additional year, as contemplated by
Section 2 of the Employment Agreement;

         WHEREAS, the Board of Directors of the Bank has conducted a formal
performance evaluation of the Executive for purposes of determining whether to
extend the Employment Agreement, and has determined that such Employment
Agreement should be extended for an additional year.

         NOW, THEREFORE, in consideration of the mutual covenants contained
herein and in the Employment Agreement, and upon the other terms and conditions
hereinafter provided, the parties hereto agree that the term of the Employment
Agreement is hereby extended until January 1, 2004, and all other terms and
provisions of the Employment Agreement shall remain in full force and effect.

         IN WITNESS WHEREOF, the parties hereto have executed this Amendment to
Employment Agreement as of the 12th day of December, 2000.

CHESTER NATIONAL BANK                      CHESTER BANCORP, INC.

By: /s/ Robert H. Gross                     By:  /s/ Edward K. Collins
   ----------------------------------          ---------------------------------
Name:  Robert H. Gross                      Name:  Edward K. Collins
     --------------------------------            -------------------------------
Title:  Vice-President/Secretary            Title: Secretary/Treasurer
      -------------------------------             ------------------------------

EXECUTIVE

 /s/ Michael W. Welge
-------------------------------------
         Michael W. Welge<PAGE>   1

                                                                    Exhibit 10.9

                              EMPLOYMENT AGREEMENT

          THIS AGREEMENT is made as of November 30, 2000, by and between Health
Fitness Corporation, a Minnesota corporation, (hereinafter called "HFC"), and
Jerry Noyce (hereinafter called "Executive"):

                                    RECITALS

          1. Executive desires to be employed by HFC and HFC desires to employ
Executive on the terms stated in this Agreement.

          2. Executive acknowledges that he has been notified and recognizes
that execution of this Agreement, including specifically the restrictive
covenants contained in Article V of this Agreement, is an express condition of
his employment with HFC.

          NOW, THEREFORE, in consideration of HFC hiring Executive and the
continuation of his employment, any promotions, increases in compensation,
and/or other benefits now or hereafter paid or made available to Executive by
HFC, Executive and HFC agree as follows:

                                    ARTICLE I

                                   DEFINITION

          1.01 Change of Control. For purpose of this Agreement, the phrase
"Change of Control" means some individual, group, or institution other than
existing HFC or future employee-related programs of HFC or its subsidiaries
acquiring over 50% of the voting equity of HFC, but not including (a) a
transaction initiated by HFC for the purpose of raising equity; (b) a
transaction initiated by HFC where HFC is the surviving entity and Executive is
the Chief Executive Officer of HFC after the transaction; or (c) a transaction
initiated by an individual, group, or institution acting on the behalf of or in
concert with Executive.

                                   ARTICLE II

                      EMPLOYMENT, COMPENSATION AND BENEFITS

          2.01 Employment With HFC. HFC hereby hires Executive in the position
of President and Chief Executive Officer and Executive hereby accepts such
employment with HFC. Such employment shall continue indefinitely until
terminated in accordance with Article III of this Agreement.

          2.02 Duties.

               (a) Subject to Section 2(c) of the Amendment to Separation
               Agreement and Release between Executive and Starmark Northwest
               Management, L.L.C., Executive agrees, during his employment, to
               devote his full time and best efforts to

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               the business of HFC, including, without limitation, the
               performance of those duties and responsibilities reasonably and
               customarily associated with his position such as, but not limited
               to, those duties and responsibilities associated with increasing
               HFC's profitability, revenue growth and stock price; provided,
               however, that Executive's duties and responsibilities shall be
               subject to determination by HFC's Board of Directors. Executive
               shall be granted such powers and authority as are reasonably and
               customarily associated with his position.

               (b) Executive shall report to, and at all times shall be subject
               to the direction of, HFC's Board of Directors.

               (c) Executive, at all times during his employment with HFC, shall
               comply with HFC's reasonable standards, regulations and policies
               as determined or set forth by the HFC Board of Directors from
               time to time and as applicable to senior executive employees of
               HFC.

               (d) HFC hereby acknowledges Executive's duties under Section 2(c)
               of the Amendment to Separation Agreement and Release between
               Executive and Starmark Northwest Management, L.L.C. However,
               subject to Section 2(c) of the Amendment to Separation Agreement
               and Release, Executive acknowledges and agrees that he shall not
               allow such duties to interfere with his duties and
               responsibilities to HFC under this Agreement. Executive further
               acknowledges and agrees that he shall not use HFC's resources,
               human or otherwise, to accomplish those duties under Section 2(c)
               of the Amendment to Separation Agreement and Release.

               (e) Notwithstanding subparagraph 2.02(a) of this Agreement, if
               HFC is acquired by or to be acquired by a competitor of Starmark
               Northwest Management, L.L.C. and such acquisition is reasonably
               expected to close prior to October 29, 2001 (the expiration of
               the Non-Compete Period under Section 9 of the Separation
               Agreement and Release and Section 2(d) of the Amendment to
               Separation Agreement and Release between Executive and Starmark
               Northwest Management, L.L.C.), HFC will recuse Executive from his
               duties and responsibilities for HFC through the expiration of the
               Non-Compete Period. If such recusal is necessary, HFC will
               continue to pay Executive his then current base salary and
               provide those fringe benefits described below in Paragraph 2.06
               during the period in which Executive is recused. However, if
               Executive's employment with HFC terminates pursuant to
               subparagraph 3.01(h) of this Agreement within sixty (60) days
               following the recusal period, any salary continuation Executive
               received during the recusal period under this subparagraph
               2.02(e) shall be counted toward any separation pay Executive may
               be entitled to under subparagraph 3.02(c). For example, if
               Executive receives salary continuation for a period of five (5)
               months during a period of recusal under this subparagraph
               2.02(e), Executive's employment terminates pursuant to
               subparagraph 3.01(h) within sixty (60) days following the recusal
               period, and Executive is entitled to twenty-four (24) months of
               separation pay pursuant to subparagraph 3.02(c)(iii),

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               Executive would receive nineteen (19) months of separation pay
               under subparagraph 3.02(c)(iii).

          2.03 Outside Activities. Subject to Section 2(c) of the Amendment to
Separation Agreement and Release between Executive and Starmark Northwest
Management, L.L.C., Executive shall not engage in any outside activities that
conflict or appear to conflict with HFC's interests, or that interfere in any
way with Executive's performance of his duties hereunder. In addition, Executive
shall not engage in any activity that might subject HFC to criticism or adverse
publicity, that might interfere with his normal work schedule, or that might
interfere with his job duties. Moreover, Executive shall not, and hereby agrees
not to, accept remuneration of any kind from his participation in any outside
activities.

          2.04 Annual Base Salary. Executive's initial annual base salary shall
be calculated on the gross amount of U.S. $230,000 per year, less withholding
for income and FICA taxes and any other proper deductions. Executive's annual
base salary will be paid to him in accordance with HFC's normal payroll
practices. Future increases to annual base salary, if any, shall be reviewed
from time to time by the Board of Directors and determined by the Board of
Directors, in its sole discretion.

          2.05 Stock Options. Executive and HFC shall enter into a separate
Incentive Stock Option Agreement ("ISOA").

          2.06 Fringe Benefits. HFC shall provide the following fringe benefits
to Executive so long as he is employed by HFC or as otherwise required by law:

               (a) Annual Bonus Compensation.

                   (i) Calendar Year 2001. Executive shall be eligible to
               receive bonus compensation of up to sixty percent (60%) of
               Executive's annual base salary based on HFC's achievement of
               certain pre-determined audited annual earnings before interest,
               taxes, depreciation, and amortization ("EBITDA") for calendar
               year 2001 (January 1, 2001 -- December 31, 2001). For calendar
               year 2001, HFC's Board of Directors has approved the following
               bonus compensation criteria:
<TABLE>
<CAPTION>

                    AUDITED EBITDA                 AMOUNT OF BONUS COMPENSATION
              -------------------------   ------------------------------------------------------
<S>           <C>                         <C>
              $2,700,000 - $2,799,999     Ten percent (10%) of annual base salary - ($23,000)
              $2,800,000 - $2,899,999     Twenty percent (20%) of annual base salary - ($46,000)
              $2,900,000 - $3,000,999     Thirty percent (30%) of annual base salary - ($69,000)
              $3,100,000 - $3,299,999     Forty percent (40%) of annual base salary - ($92,000)
              $3,300,000 - $3,499,999     Fifty percent (50%) of annual base salary - ($115,000)
              $3,500,000 and over         Sixty percent (60%) of annual base salary - ($138,000)
</TABLE>

                   (ii) Subsequent calendar years. Executive shall be eligible
               to receive annual bonus compensation for each full calendar year
               of Executive's employment following calendar year 2001 in
               accordance with the terms and conditions of this subparagraph
               2.06(a). However, the EBITDA goals for calendar year 2001
               outlined above shall be inapplicable in subsequent calendar
               years. Rather, for each

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               subsequent calendar year, HFC's Board of Directors shall
               determine, in its sole discretion, either to adopt new EBITDA
               goals and bonus compensation criteria or to change the nature of
               the bonus compensation criteria from the current EBITDA based
               system to a system based on other factors. Executive will be
               notified of the next calendar year's bonus structure and criteria
               within thirty (30) days of the approval of the next year's budget
               by the Board of Directors.

                   (iii) Payment of Bonus Compensation. Executive's bonus
               compensation, if any, will be paid to him in a lump sum within
               fifteen (15) days following the completion of the audit of the
               most recently concluded calendar year. Executive's bonus
               compensation, if any, shall be subject to withholding for income
               and FICA taxes and any other proper deductions. Notwithstanding
               anything to the contrary, HFC's payment of bonus compensation to
               Executive in the event Executive does not remain in HFC's employ
               for the full then current calendar year shall be controlled by
               Paragraph 3.02(d) of this Agreement.

               (b) Executive shall be eligible for paid vacation time in
               accordance with HFC's standard vacation practices and policies.
               In addition, Executive may be eligible for additional paid time
               off in accordance with HFC's standard paid time off practices and
               policies.

               (c) Executive shall be eligible to participate in all other
               employee benefit plans and programs offered by HFC from time to
               time, including, but not limited to, any medical, dental,
               short-term disability, long-term disability and life insurance
               coverage, or retirement plans, in accordance with the terms and
               conditions of those benefit plans and programs.

               (d) HFC shall pay, on behalf of Executive, the cost of Executive
               and his wife's initial social/tennis membership fee at a country
               club of Executive's choosing, provided such fee does not exceed
               $2,500. HFC shall also pay, on behalf of Executive, the monthly
               membership fee assessed to Executive in connection with such
               membership for as long as Executive remains employed by HFC,
               provided such fee does not exceed $200 per month. Such payments
               shall be subject to withholding for income and FICA taxes. HFC
               shall not pay for or reimburse Executive for the cost of other
               country club related expenses such as, but not limited to, the
               cost of food or alcohol consumed at the country club, or any
               other use or incidental fees assessed to Executive as member of
               the country club other than the membership fees.

               (e) HFC shall pay Executive $500.00 per month to cover all costs
               he incurs in connection with his use of his personal automobile
               for business purposes, whatever they may be. Such payment shall
               be subject to withholding for income and FICA taxes and any other
               proper deductions. In light of such payments, HFC will not
               reimburse Executive for the cost of gasoline, repairs,
               maintenance insurance, mileage or any other costs he incurs in
               connection with his use of his personal automobile for business
               purposes.

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          2.07 Expenses. During the term of this Agreement, Executive shall be
entitled to prompt reimbursement by HFC for all reasonable, ordinary and
necessary travel, entertainment and other business related expenses incurred by
Executive (in accordance with the policies and procedures established by HFC for
senior executive employees from time to time) in the performance of his duties
and responsibilities under this Agreement; provided, however, that Executive
shall properly account for such expenses in accordance with federal, state and
local tax requirements and HFC's policies and procedures.

          2.08. Attorneys' Fees. HFC shall pay, on behalf of Executive, the cost
of Executive's reasonable and substantiated attorneys' fees that he incurred in
connection with the negotiation of this Agreement, and other related agreements,
provided such fees do not exceed $7,500.

                                   ARTICLE III

                                   TERMINATION

          3.01 Events of Termination. Executive's employment with HFC:

               (a) May be terminated by mutual written agreement of HFC and
               Executive.

               (b) Shall terminate immediately upon the death of Executive.

               (c) May be terminated upon written notice from HFC to Executive
               for Cause, which shall mean the following:

                          (i)   Material failure of Executive to (a) perform the
                   duties, requirements and responsibilities of his employment
                   as contemplated by this Agreement or as reasonably assigned
                   by HFC's Board of Directors, or (b) take reasonable direction
                   consistent with his position from the HFC's Board of
                   Directors; or

                          (ii)  Material failure of Executive to comply with the
                   reasonable policies, regulations and directives of HFC as in
                   effect from time to time; or

                          (iii) Any act or omission on the part of Executive
                   which constitutes a material failure to comply with the
                   provisions of this Agreement; or

                          (iv)  Any act or omission on the part of Executive
                   which is materially harmful to the reputation or business of
                   HFC, including, but not limited to, personal conduct of
                   Executive which is inconsistent with federal and state laws
                   respecting harassment of, or discrimination against, one or
                   more of HFC's employees; or

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                          (v)   Conviction of Executive of, or a guilty or nolo
                   contendere plea by Executive with respect to, any crime
                   punishable as a felony; or any bar against Executive from
                   serving as a director, officer or executive of any firm the
                   securities of which trade publicly.

                   Executive's termination for Cause shall be determined in good
               faith by HFC's Board of Directors by a majority vote and/or its
               designee.

                   In the event of termination pursuant to subparagraph
               3.01(c)(iii), (iv) or (v), Executive's termination shall be
               immediate upon the giving of written notice to Executive.
               However, in the event of termination pursuant to subparagraph
               3.01(c)(i) or (ii), HFC's Board of Directors will provide
               Executive written notice (the "Cause Notice") of proposed
               termination which provides (1) reasonable detail as to the cause
               or causes asserted by HFC and upon which the Cause Notice is
               based, and (2) notification of a sixty (60) day period of time
               from receipt of such Cause Notice within which he shall have the
               opportunity to cure the performance or conduct upon which the
               Cause Notice is based, to the satisfaction of HFC's Board of
               Directors. If after the completion of the designated cure period
               HFC's Board of Directors reasonably determines that Executive has
               failed to cure the performance or conduct, Executive will be
               given written notice of his termination and Executive's
               employment will terminate immediately upon the giving of such
               notice to Executive.

               (d) May be terminated upon Executive's inability to perform the
               essential functions of his position due to physical or mental
               disability, with or without reasonable accommodation, as
               determined in the good faith judgment of the HFC's Board of
               Directors, or as may otherwise be required by applicable law.

               (e) Shall terminate at the end of the month during which
               Executive reaches the normal retirement date established by HFC
               for senior management employees of HFC, but in no event earlier
               than the compulsory retirement age permitted under federal or
               similar law for senior management employees.

               (f) May be terminated by Executive for any reason on ninety (90)
               days' written notice to HFC.

               (g) May be terminated by HFC at any time, for any reason, upon
               written notice to Executive.

               (h) May be terminated by HFC upon written notice to Executive
               upon a Change of Control, or may be terminated by Executive upon
               written notice to HFC upon a Change of Control if, and only if,
               such resignation is caused by the fact that Executive will not
               become Chief Executive Officer of the entire corporate or
               hospital/community center fitness management business of the new
               controlling entity because the new controlling entity did not
               place Executive in such position.

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          3.02 Compensation Upon Termination of Executive's Employment. In the
event that Executive's employment with HFC terminates the following provisions
shall govern as applicable:

               (a) If termination occurs pursuant to subparagraph 3.01(a), (b),
               (c), (d), (e), or (f), Executive's receipt of annual base salary
               and fringe benefits (treatment of bonus compensation addressed
               below in subparagraph 3.02(d)) shall terminate as of the date of
               termination or as required by law, unless the parties agree in
               writing otherwise. If termination occurs pursuant to subparagraph
               3.01(d), Executive acknowledges and agrees that his receipt of
               salary compensation between the date of disability and date of
               termination shall be governed by HFC's employee benefit programs,
               as may be amended from time to time, to the extent Executive is
               eligible to participate in such programs.

               (b) If termination occurs pursuant to subparagraph 3.01(g),
               Executive's receipt of annual base salary and fringe benefits
               (treatment of bonus compensation addressed below in subparagraph
               3.02(d)) shall terminate as of the date of termination or as
               required by law. However, Executive shall receive as separation
               pay the equivalent of twelve (12) months of his then current
               annual base salary. Any separation pay due to Executive under
               this subparagraph 3.02(b) shall be payable to Executive, at the
               sole discretion of HFC, either in a lump sum or in installments
               in accordance with HFC's standard payroll practices. Executive
               shall be required to execute a general, mutual release of any and
               all claims in favor of HFC in exchange for his receipt of
               separation pay under this subparagraph 3.02(b). Such release
               agreement shall be prepared at the direction of HFC and shall be
               approved by HFC and Executive.

               (c) If termination occurs pursuant to subparagraph 3.01(h),
               either by Executive or HFC, Executive's receipt of annual base
               salary and fringe benefits (treatment of bonus compensation
               addressed below in subparagraph 3.02(d)) shall terminate as of
               the date of termination or as required by law, unless provided
               otherwise below:

                   (i)   If Executive's employment is terminated by HFC pursuant
                   to subparagraph 3.01(h) and such termination occurs within
                   six (6) months from Executive's commencement of employment
                   with HFC, Executive will be entitled to separation pay at his
                   then current annual base salary for twelve (12) months
                   following his date of termination.

                   (ii)  If Executive's employment is terminated by HFC pursuant
                   to subparagraph 3.01(h) and such termination occurs sometime
                   after Executive has been employed by HFC for six (6) months
                   but sometime before Executive has been employed by HFC for
                   nine (9) months, Executive will be entitled to separation pay
                   at his then current annual base salary for eighteen (18)
                   months following his date of termination.

                   (iii) If Executive's employment is terminated by HFC pursuant
                   to subparagraph 3.01(h) and such termination occurs sometime
                   after Executive

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                   has been employed by HFC for nine (9) months, Executive will
                   be entitled to separation pay at his then current annual
                   base salary for twenty-four (24) months following his date
                   of termination.

                   (iv) If Executive voluntarily resigns his employment with HFC
                   pursuant to subparagraph 3.01(h) because, and only because,
                   he will not become Chief Executive Officer of the entire
                   corporate or hospital/community center fitness management
                   business of the new controlling entity because the new
                   controlling entity did not place Executive in such position,
                   Executive will be entitled to separation pay at his then
                   current annual base salary for twelve (12) months following
                   his date of termination.

                   (v)  Any separation pay due to Executive under this
                   subparagraph 3.02(c) shall be payable to Executive, at the
                   sole discretion of HFC, either in a lump sum or in
                   installments in accordance with HFC's standard payroll
                   practices. In addition, Executive shall be required to
                   execute a general, mutual release of any and all claims in
                   favor of HFC in exchange for his receipt of separation pay
                   under this subparagraph 3.02(c). Such release agreement shall
                   be prepared at the direction of HFC and shall be approved by
                   HFC and Executive.

                   (vi) Not withstanding the foregoing, Executive shall not be
                   entitled to receive any Change of Control Action, as defined
                   below, which would constitute an "excess parachute payment"
                   for purposes of Code Section 280G, or any successor
                   provision, and the regulations thereunder. In the event any
                   Change of Control Action payable to Executive would
                   constitute an "excess parachute payment," Executive shall
                   have the right to designate those Change of Control Actions
                   which would be reduced or eliminated so that Executive will
                   not receive a "excess parachute payment." For purposes of
                   this subparagraph 3.02(c)(vi), a "Change of Control Action"
                   shall mean any payment, benefit or transfer of property in
                   the nature of compensation paid to or for the benefit of
                   Executive under any arrangement which is considered
                   contingent on a Change of Control for purposes of Code
                   Section 280G, including, without limitation, any and all of
                   HFC's salary, bonus, incentive, restricted stock, stock
                   option, compensation or benefit plans, programs or other
                   arrangements, and shall include benefits payable under this
                   Agreement.

               (d) If termination occurs pursuant to subparagraph 3.01(a), (b),
               (d), (e), (g) or (h), Executive shall be entitled to receive a
               prorated share of his bonus compensation for the calendar year in
               which his employment terminates, unless the parties agree in
               writing otherwise. Such proration shall be calculated from
               January 1st of the year in which Executive's employment
               terminates through the end of the most recently concluded HFC
               fiscal quarter. For example, if Executive's employment terminates
               pursuant to subparagraph 3.01(a), (b), (d), (e), (g) or (h) on
               August 15, 2001, his prorated bonus compensation shall be based
               on the period beginning January 1, 2001

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               and ending June 30, 2001, the close of HFC's most recent fiscal
               quarter. In addition, such bonus compensation shall be calculated
               based on prorated audited EBITDA earnings (or other then
               applicable bonus compensation criteria), as reflected in HFC's
               quarterly statement for the most recently concluded fiscal
               quarter. For instance, if Executive's employment terminates
               pursuant to subparagraph 3.01(a), (b), (d), (e), (g) or (h) on
               August 15, 2001, and if HFC's audited EBITDA earnings through
               June 30, 2001 equal $1,750,000, Executive shall be entitled to
               bonus compensation totaling $69,000. If termination occurs
               pursuant to subparagraph 3.01(c) or (f), Executive shall not be
               entitled to receive any bonus compensation for the calendar year
               in which his employment terminates.

               (e) All payments made to Executive under this Paragraph 3.02
               shall be reduced by amounts (i) required to be withheld in
               accordance with federal, state and local laws and regulations in
               effect at the time of payment, or (ii) owed to HFC by Executive
               for any amounts advanced, loaned or misappropriated in accordance
               with applicable law.

               (f) With the exception of subparagraph 3.02(c)(vi), the effect of
               Executive's termination of employment on his stock options shall
               be governed by the terms and conditions of the ISOA.

                                   ARTICLE IV

                         PROTECTION OF TRADE SECRETS AND
                           CONFIDENTIAL BUSINESS DATA

          4.01. Confidential Information. For the purposes of this Agreement,
"Confidential Information" means any information not generally known to the
public and proprietary to HFC and includes, without limitation, trade secrets,
inventions, and information pertaining to research, development, purchasing,
marketing, selling, accounting, licensing, business systems, business
techniques, site processes and manuals, customer lists, prospective customer
lists, price lists, fee schedules, business strategies and plans, information
pertaining to the benefits HFC provides to its customers, pending patentable
materials and/or designs, design documentation, documentation of meetings, tests
and/or test standards, employee compensation, or manuals whether in document,
electronic, computer or other form. For example, Confidential Information may be
contained in HFC's customer lists, prospective customer lists, the particular
needs and requirements of customers, the particular needs and requirements of
prospective customers, and the identity of customers or prospective customers.
Information shall be treated as Confidential Information irrespective of its
source and any information which is labeled or marked as being "confidential" or
"trade secret" shall be presumed to be Confidential Information. The definition
of "Confidential Information" is not intended to be complete. From time to time
during the term of his employment, Executive may gain access to other
information not generally known to the public and proprietary to HFC concerning
HFC's business that is of commercial value to HFC, which information shall be
included in the definition of "Confidential Information" above, even though not
specifically listed in that definition. The definition of Confidential
Information and the provisions of this Article IV

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apply to any form in which the subject information, trade secrets, or data may
appear, whether written, oral, or any other form of recording or storage.

          4.02 Maintain in Confidence. Executive shall hold the Confidential
Information, including trade secrets and/or data, in the strictest confidence
and will never, without prior written consent of HFC, (directly or indirectly)
disclose, assign, transfer, convey, communicate to or use for his own or
another's benefit or (directly or indirectly) disclose, assign, transfer,
convey, communicate to or use by him, a competitor of HFC or any other person or
entity, including, but not limited to, the press, other professionals,
corporations, partnerships or the public, at any time during his employment with
HFC or at any time after his termination of employment with HFC, regardless of
the reason for the Executive's termination, whether voluntary or involuntary.
Executive further promises and agrees that he will faithfully abide by any
rules, policies, practices or procedures existing or which may be established by
HFC for insuring the confidentiality of the Confidential Information, including,
but not limited to, rules, policies, practices or procedures: (a) limiting
access to authorized personnel; (b) limiting copying of any writing, data or
recording; (c) requiring storage of property, documents or data in secure
facilities provided by HFC and limiting safe or vault lock combinations or keys
to authorized personnel; and/or (d) checkout and return or other procedures
promulgated by HFC from time to time.

          4.03 Return of Information/Property. Upon termination of the
employer-employee relationship, whether voluntary or involuntary, Executive will
return to HFC any and all written or otherwise recorded form of all Confidential
Information (and any copies thereof) in his possession, custody or control,
including, but not limited to, notebooks, memoranda, specifications, customer
lists, prospective or potential customer lists, or price lists, and will take
with him, upon leaving HFC's place of business or employment with HFC, no such
documents, data, writings, recordings, or reproduction in any form which may
have been entrusted or obtained by him during the course of his employment or to
which he had access, possession, custody or control, except with HFC express,
written permission. Upon termination of employment, whether voluntary or
involuntary, Executive will deliver to HFC all Confidential Information in
recorded form in his possession, custody or control. Moreover, in the event of
termination of Executive's employment all corporate documents, records, files,
credit cards, computer disks and tapes, computer access cards, codes and keys,
file access codes and keys, building and office access cards, codes and keys,
materials, equipment and other property of HFC which is in Executive's
possession shall be returned to HFC at its principal business offices on the
date of termination of Executive's employment, or within five business days
thereafter if termination occurs without notice. Executive may copy, at
Executive's expense, documents, records, materials and information of HFC only
with HFC's express, written permission.

          4.04 Irreparable Harm. The parties acknowledge that HFC will suffer
irreparable harm if the Executive breaches Paragraphs 4.02 or 4.03, either
during or after his employment. Accordingly, HFC shall be entitled, in addition
to any other right and remedy they may have, at law or equity, to a temporary
restraining order and/or injunction, without the posting of a bond or other
security, enjoining or restraining the Executive from any violation of
Paragraphs 4.02 or 4.03, and the Executive hereby consents to HFC's right to
seek the issuance of such injunction. If HFC institutes any such action against
Executive, alone or in conjunction with any third party or parties to enforce
any terms or provisions of Paragraphs 4.02 or 4.03, then the party that prevails
in such

                                      -10-
<PAGE>   11

action shall be entitled to receive from the opposing party (or parties)
in the action the prevailing party's reasonable attorneys' fees incurred in such
action and all costs and expenses incurred in connection therewith in accordance
with Paragraph 8.07.

                                    ARTICLE V

                             COVENANT NOT TO COMPETE

          5.01 Non-Competition Agreement. During Executive's employment with HFC
and for a period of two (2) years (or such shorter period as provided for in
Paragraph 5.03) after his employment with HFC ends for whatever reason
(voluntary or involuntary), Executive shall not, anywhere within the 25-mile
radius of any HFC site as of the date of termination, directly or indirectly
own, consult for, be employed by, participate in, or provide services to any
business, person or entity engaged in the corporate, hospital, or community
management fitness and wellness industry if such business, person or entity is
engaged in competition with HFC's product lines and/or services that are or were
offered by HFC at any time during Executive's employment with HFC.

          5.02 Non-Solicitation Agreement. During Executive's employment with
HFC and for a period of two (2) years (or such shorter period as provided for in
Paragraph 5.03) after his employment with HFC ends for whatever reason
(voluntary or involuntary), Executive shall not,

               (a) solicit HFC's then current customers or potential customers
               that HFC was soliciting as of the date of termination, on behalf
               of himself or any other business, person or entity for the
               purpose of selling, offering, providing or otherwise making
               available products or services that are the same as or similar to
               those products and services that were offered by HFC at any time
               during Executive's employment with HFC;

               (b) exploit or use contacts, developed or made during his
               employment with HFC, for the purpose of soliciting HFC's then
               current customers or potential customers that HFC was soliciting
               as of the date of termination, on behalf of himself or any other
               business, person or entity for purpose of selling, offering,
               providing or otherwise making available products or services that
               are the same as or similar to those products and services that
               were offered by HFC at any time during Executive's employment
               with HFC; or

               (c) directly or indirectly, individually induce or attempt to
               induce, any of HFC's then current employees or independent
               contractors to terminate their employment, contractual or other
               relationship with HFC, or otherwise interfere or attempt to
               interfere with that existing employment or other relationship
               with HFC for the purpose of inducing or attempting to induce such
               individual to enter into an employment, contractual or other
               relationship with any other business, person or entity or person
               engaged in the corporate, hospital, or community management
               fitness and wellness industry.

                                      -11-
<PAGE>   12

          5.03 Duration of Restrictions. Notwithstanding Paragraphs 5.01 or 5.02
of this Agreement,

               (a) in the event Executive's employment terminates pursuant to
               subparagraph 3.01(g) or 3.01(h) of this Agreement, the
               restrictions against competition contained in Paragraphs 5.01 and
               5.02 shall be in effect during Executive's employment with HFC
               and shall continue following termination for the period of time
               equal to the number of months of separation pay received by
               Executive, regardless of whether such separation pay is paid in a
               lump sum or in installments. For example, if Executive is
               entitled to twelve (12) months of separation pay pursuant to
               subparagraph 3.02(b), the restrictions against competition
               contained in Paragraphs 5.01 and 5.02 shall run for a period of
               twelve (12) months following Executive's last day of employment
               with HFC; and

               (b) in the event Executive's employment terminates pursuant to
               subparagraph 3.01(c)(i), 3.01(c)(ii), 3.01(c)(iii), or 3.01(f) of
               this Agreement, the restrictions against competition contained in
               Paragraphs 5.01 and 5.02 shall be in effect during Executive's
               employment with HFC and shall continue for twelve (12) months
               following Executive's last day of employment with HFC.

          5.04 Non-Disparagement. During Executive's employment with HFC and at
all times thereafter, Executive shall not disparage or defame, or allow or cause
others to disparage or defame, HFC, its Board of Directors, directors, officers,
employees, customers, or vendors.

          5.05 Irreparable Harm. The parties acknowledge that HFC will suffer
irreparable harm if Executive breaches Paragraph 5.01, 5.02 or 5.04.
Accordingly, HFC shall be entitled, in addition to any other right and remedy
they may have, at law or equity, to a temporary restraining order and/or
injunction, without the posting of a bond or other security, enjoining or
restraining Executive from any violation of Paragraph 5.01, 5.02 or 5.04 and
Executive hereby consents to HFC's right to seek the issuance of such
injunction. If HFC institutes any such action against Executive, alone or in
conjunction with any third party or parties to enforce any terms or provisions
of Paragraph 5.01, 5.02 or 5.04 then the party that prevails in such action
shall be entitled to receive from the opposing party (or parties) in the action
the prevailing party's reasonable attorneys' fees incurred in such action and
all costs and expenses incurred in connection therewith in accordance with
Paragraph 8.07.

          5.06 Limit to Extent Enforceable. In the event that a court of
competent jurisdiction determines that any of the provisions of Paragraph 5.01,
5.02 or 5.04 are unreasonable, it may limit such provision to the extent it
deems reasonable, without declaring the provision of Paragraph 5.01, 5.02, or
5.04 invalid in its entirety. This provision shall not be construed as an
admission by HFC, but is only included to provide HFC with the maximum possible
protection for its business, Confidential Information, trade secrets and data,
consistent with the right of Executive to earn a livelihood subsequent to the
termination of his employment.

          5.07 Survival of Provisions. The parties agree that the provisions in
this Article V shall survive termination of this Agreement and termination of
Executive's employment for any reason.

                                      -12-
<PAGE>   13

          5.08 Disclosure After Termination. Executive hereby acknowledges and
agrees that, until the expiration of the provisions contained in Article V of
this Agreement, he shall provide a copy of this Article V to each and every
business, person and/or entity with whom he accepts employment or enters into
any other business endeavor.

                                   ARTICLE VI

                                   INVENTIONS

          6.01 Invention. For purposes of this Agreement, the term "Invention"
means ideas, discoveries, and improvements whether or not shown or described in
writing or reduced to practice and whether patentable or not, relating to any of
HFC's present or future sales, research, or other business activities, or
reasonably foreseeable business interests of HFC.

          6.02 Disclosure. Executive shall promptly and fully disclose to HFC
and will hold in trust for HFC sole right and benefit any invention which
Executive, during the period of his employment, makes, conceives, or reduces to
practice or causes to be made, conceived, or reduced to practice either alone or
in conjunction with others that: (a) relates to any subject matter pertaining to
Executive's employment; (b) relates to or is directly or indirectly connected
with the business, products, projects, or Confidential Information of HFC; or
(c) involves the use of any time, material, or facility of HFC.

          6.03 Assignment of Ownership. Executive hereby assigns to HFC all of
Executive's right, title, and interest in and to all such inventions as
described in Paragraph 6.02 and, upon HFC's request, Executive shall execute,
verify, and deliver to HFC such documents including, without limitation,
assignments and applications for Letters Patent, and shall perform such other
acts, including, without limitation, appearing as a witness in any action
brought in connection with this Agreement that is necessary to enable HFC to
obtain the sole right, title, and benefit to all such inventions.

          6.04 Excluded Inventions. It is further agreed, and Executive is
hereby so notified, that the above agreement to assign inventions to HFC does
not apply to any invention for which no equipment, supplies, facility, or
Confidential Information of HFC was used, which was developed entirely on
Executive's own time, and (a) which does not relate: (i) directly to the
business of HFC; or (ii) to HFC's actual or demonstrably anticipated research or
development; or (b) which does not result from any work performed by Executive
for HFC.

          6.05 Specific Performance; Attorney Fees. Executive expressly
acknowledges and agrees that any violation of any terms of Paragraphs 6.02 or
6.03 may result in the issuance of a temporary restraining order and/or
injunction against Executive to effect specific performance of the terms of
Paragraphs 6.02 or 6.03. If HFC institutes any action against Executive, alone
or in conjunction with any third party or parties, to enforce any term or
provision of Paragraphs 6.02 or 6.03, then the party that prevails in such
action shall be entitled to receive from the opposing party (or parties) in the
action the prevailing party's reasonable attorneys' fees incurred in such action
and all costs and expenses incurred in connection therewith in accordance with
Paragraph 8.07.

                                      -13-
<PAGE>   14

                                   ARTICLE VII

                                   ARBITRATION

          7.01 Agreement to Arbitrate. With the exception of HFC's right to seek
injunctive relief in connection with breaches by Executive of Paragraphs 4.02,
4.03, 5.01, 5.02, 5.04 and/or 6.02 or 6.03 of this Agreement, all disputes or
claims arising out of or in any way relating to this Agreement, including the
making of this Agreement, shall be submitted to and determined by final and
binding arbitration before the American Arbitration Association ("AAA") under
the AAA's National Rules for the Resolution of Employment Disputes. The award of
the arbitrator(s), or a majority of them, shall be final and judgment upon such
award may be entered in any court of competent jurisdiction. This arbitration
provision shall continue in full force and effect after Executive's termination
of employment under this Agreement.

          7.02 Discovery. In addition to any other procedures provided for under
the rules of the AAA, upon written request, each party shall, at least 14 days
prior to the date of any hearing, provide to the opposite party a copy of all
documents relevant to the issues raised by any claim or counterclaim and a list
of all witnesses to be called by that party at the hearing and each party shall
be permitted to take at least one deposition at least 14 days prior to any
hearing.

          7.03 Costs. The costs of proceedings under Article VII shall be paid
in accordance with the provisions of Article VIII below.

                                  ARTICLE VIII

                                  MISCELLANEOUS

          8.01 Governing Law. This Agreement shall be governed according to the
laws of the State of Minnesota.

          8.02 Captions. The captions set forth in this Agreement are for
convenience only and shall not be considered as part of this Agreement or as in
any way limiting or amplifying the terms and conditions hereof.

          8.03 No Conflicting Obligations. With the exception of Section 9 of
the Separation Agreement and Release and Section 2(d) of the Amendment to
Separation Agreement and Release between Executive and Starmark Northwest
Management, L.L.C., Executive represents and warrants to HFC that he is not
under, or bound to be under in the future, any obligation to any person, firm,
or corporation that is or would be inconsistent or in conflict with this
Agreement or would prevent, limit, or impair in any way the performance by him
of his obligations hereunder. Specifically, but without limiting the generality
of the foregoing, and with the exception of Section 9 of the Separation
Agreement and Section 2(d) of the Amendment to Separation Agreement and Release
between Executive and Starmark Northwest Management, L.L.C., Executive warrants
and represents to HFC that he is not currently bound and will not be bound in
the future by any confidentiality agreements and/or restrictive covenants that
may and/or will restrict his ability to

                                      -14-
<PAGE>   15

perform his duties hereunder. Moreover, Executive agrees that he will not enter
into any confidentiality agreements and/or restrictive covenants during his
employment with HFC that may or will restrict his ability to perform his duties
hereunder, with the exception of any confidentially agreements and/or
restrictive covenants entered into by and between Executive and HFC.

          8.04  Successors. This Agreement is personal to Executive and
Executive may not assign or transfer any part of his rights or duties hereunder,
or any compensation due to him hereunder, to any other person. This Agreement
may be assigned by HFC. This Agreement is binding on any successors or assigns
of HFC.

          8.05 Waiver. The waiver by any party of the breach or nonperformance
of any provision of this Agreement by any other party will not operate or be
construed as a waiver of any future breach or nonperformance under any provision
of this Agreement or any similar agreement with any other employee.

          8.06 Notices. Any and all notices referred to herein shall be deemed
properly given only if in writing and delivered personally or sent postage
prepaid, by certified mail, return receipt requested, as follows:

               (a) To HFC by notice to each member of HFC's Board of Directors,
               and to Fredrikson & Byron, P.A., 1100 International Centre,
               900 Second Avenue South, Minneapolis, Minnesota 55402,
               Attention: John Satorius

               (b) To Executive at his home address as it then appears on the
               records of HFC, it being the duty of the Executive to keep HFC
               informed of his current home address at all times.

The date on which notice to HFC or Executive shall be deemed to have been given
if mailed as provided above shall be the date on the certified mail return
receipt. Personal delivery to Executive shall be deemed to have occurred on the
date notice was delivered to Executive personally or deposited in a mail box or
slot or left with security or administrative personnel, at Executive's residence
by a representative of HFC or any messenger or delivery service.

          8.07 Payment of Fees and Expenses. If any party initiates or becomes a
party to a formal proceeding in law or equity, or under Article VII, involving
this Agreement, and if either party obtains a substantial portion of the relief
requested by that party (the "prevailing party"), then the non-prevailing party
shall pay all of its and the prevailing party's reasonable costs and expenses,
including reasonable attorneys' fees and expenses, incurred with respect to such
proceeding. If neither party obtains a substantial portion of the relief
requested each shall bear its/his own expenses. In the event Executive is
terminated pursuant to Paragraph 3.01(c) and determines to challenge HFC's
determination of Cause, HFC and Executive shall each bear its/his own expenses
in connection with any proceeding initiated by Executive with respect to the
determination as to "Cause."

          8.08 Term. This Agreement shall be effective from November 30, 2000
and shall continue until terminated in accordance with the provisions set forth
in this Agreement.

                                      -15-
<PAGE>   16

          8.09 Modification. This Agreement supersedes any and all prior oral
and written understandings, if any, between the parties relating to the subject
matter of this Agreement. This Agreement sets forth the entire understandings
and agreements between and among the parties and is the complete and exclusive
statement of the terms and conditions thereof, that there are no other written
or oral agreements in regard to the subject matter of this Agreement other than
those agreements, plans, programs and policies expressly referred to herein.
This Agreement shall not be changed or modified except by a written document
signed by the parties hereto.

          8.10 Counterparts. More than one counterpart of this Agreement may be
executed by the parties hereto, and each fully executed counterpart shall be
deemed an original.

          IN WITNESS WHEREOF, the parties have hereunto set their hands as of
the date written above.

                          HEALTH FITNESS CORPORATION

                          By    /s/ James Bernards
                             ----------------------------------------------
                                James Bernards
                          Its:  Chairman of the Board of Directors

                          EXECUTIVE

                          /s/ Jerry Noyce
                          -------------------------------------------------
                          Jerry Noyce

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