Document:

Exhibit 10.24

 

Exhibit 10.24

EMPLOYMENT AGREEMENT

EMPLOYMENT AGREEMENT (this “Agreement”), dated August 1, 2005, is entered into by and between
BCI Communications, Inc. (the “Company”), a Delaware corporation, with its principal place of
business at 20 Bushes Lane, Elmwood Park, New Jersey 07407, and Michael Guerriero (the “Employee”),
an individual residing at 36 Mesa Place, Nanuet, NY 10954.

W I T N E S S E T H:

WHEREAS, Richard Berliner, the Chief Executive Officer (“CEO”) and Chairman of the Board of
Directors (the “Board”) of the Company, has approved and authorized the entry into this Agreement
with Employee, and Employee desires to be employed by the Company, on the terms and conditions
hereinafter set forth.

WHEREAS, Employee is willing to serve as “Executive Vice President” of the Company, and the
Company desires to retain Employee in that capacity on the terms and conditions herein set forth.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto
agree as follows:

Section 1. Term of Employment. The Employee’s employment under this Agreement shall commence
on the date of hereof (the “Commencement Date”) and, subject to earlier termination pursuant to
Section 5 hereof, shall continue until the second anniversary of the Commencement Date (the
“Term”).

Section 2. Position and Duties. During the Term, the Employee shall serve as Executive Vice
President and shall have such powers and duties as are commensurate with such position and as may
be conferred upon him from time to time by Chief Executive Officer or Board of Directors of the
Company (the “Board”). If, during the Term, the Company desires to fill the position of Chief
Operating Officer (“COO”), Employee will be given the first right of refusal to said position
without consideration to an adjustment in Base Salary. During the Term, and except for illness or
incapacity and reasonable vacation periods, the Employee shall devote all of his business time,
attention, skill and efforts exclusively to the business and affairs of the Company and its
subsidiaries and affiliates and shall abide by all applicable policies of the Company.

Section 3. Compensation.

(a) For the performance of Employee’s duties hereunder during the Term, , the Employee shall
receive a base salary at an annualized rate of $175,000.00 (the “Base Salary”), less normal
deductions, earned and payable pursuant to the Company’s standard payroll practices as in effect
from time to time.

(b) The Employee shall be entitled to participate in all compensation and employee benefit
plans or programs, and to receive all benefits, perquisites and emoluments, for which any salaried
employees of the Company are eligible under any plan or program now or hereafter established and
maintained by the Company, to the fullest extent permissible under the general terms and provisions
of such plans or programs and in accordance with the provisions thereof, including, without
limitation, incentive compensation, bonus, group hospitalization, health, dental care, or other
insurance, stock purchase, restricted stock and stock option plans. Notwithstanding the foregoing,
nothing in this Agreement shall preclude the amendment or termination of any such plan or program.
The Company will use its best efforts to define an individual stock option and bonus plan by
November 1, 2005. This plan must be defined and agreed to by both the Board and the Employee by
December 31, 2005, otherwise this Agreement will be terminated.

 

1

 

Section 4. Business Expenses. The Company shall pay or reimburse the Employee for all
reasonable travel or other expenses incurred by the Employee in connection with the performance of
his duties and obligations under this Agreement, subject to the Employee’s presentation of
appropriate vouchers in accordance with such procedures as the Company may from time to time
establish for employees and to preserve any deductions for Federal income taxation purposes to
which the Company may be entitled.

Section 5. Effect of Termination of Employment. (a) In the event the Employee’s employment
terminates, during the Term, due to a Without Cause Termination (as hereinafter defined), as
liquidated damages or severance pay, or both, the Company shall pay the unpaid Base Salary through
the end of the Term, but not less than the equivalent of five (5) months of the annual base salary
at the time of termination. The Employee shall be entitled to continued group hospitalization,
health and dental care insurance for the periods specified in the Comprehensive Omnibus Budget
Reconciliation Act (“COBRA”) upon payment by the Employee of the amounts specified under COBRA.

(b) In the event that the Employee’s employment hereunder terminates due to a Termination for
Cause (as hereinafter defined) or death of the Employee, earned but unpaid Base Salary as of the
date of termination of employment shall be payable in full. However, no other payments shall be
made, or benefits provided, by the Company under this Agreement except for benefits that have
already become vested under the terms of such employee benefit programs as may be maintained by the
Company or its affiliates for its employees and except as otherwise required by law.

(c) For purposes of this Agreement, the following terms have the following meanings:

(i) The term “Termination for Cause” means, to the maximum extent permitted by applicable law,
a termination of the Employee’s employment by the Company because the Employee has (a) materially
breached or materially failed to perform his duties under applicable law and such breach or failure
to perform constitutes self-dealing, willful misconduct or recklessness, (b) committed an act of
dishonesty in the performance of his duties hereunder or engaged in conduct detrimental to the
business of the Company, (c) been convicted of a felony or any crime involving moral turpitude, (d)
materially breached or materially failed to perform his obligations and duties hereunder, which
breach or failure the Employee shall fail to remedy within 30 days after written demand from the
Company, or (e) violated in any material respect the representations made in Section 1 above or the
provisions of Section 6 below.

(ii) The term “Without Cause Termination” means a termination of the Employee’s employment by
the Company other than due to expiration of the Term and other than a Termination for Cause.

Section 6. Other Duties of Employee During and After Term. (a) The Employee recognizes and
acknowledges that all information pertaining to the affairs, business, clients, or customers of the
Company or any of its subsidiaries or affiliates (any or all of such entities being hereinafter
referred to as the “Business”), as such information may exist from time to time, other than
information that the Company has previously made publicly available, is confidential information
and is a unique and valuable asset of the Business, access to and knowledge of which are essential
to the performance of the Employee’s duties under this Agreement. In consideration of the payments
made to him hereunder, the Employee shall not at any time, except to the extent reasonably
necessary in the performance of his duties under this Agreement, divulge to any person, firm,
association, corporation, or governmental agency, any information concerning the affairs,
businesses, clients, or customers of the Business (except such information as is required by law to
be divulged to a government agency or pursuant to lawful process), or make use of any such
information for his own purposes or for the benefit of any person, firm, association or corporation
(except the Business) and shall use his reasonable best efforts to prevent the disclosure of any
such information by others. All records, memoranda, letters, books, papers, reports, accountings,
experience or other data, and other records and documents relating to the Business, whether made by
the Employee or otherwise coming into his possession, are confidential information and are, shall
be, and shall remain the property of the Business. No
copies thereof shall be made which are not retained by the Business, and the Employee agrees, on
termination of his employment or on demand of the Company, to deliver the same to the Company.

 

-2-

 

(b) In consideration of the payments made to the Employee hereunder, during the six month
period commencing on the effective date of the Termination For Cause of his employment (the
“Restricted Period”), the Employee shall not, without express prior written approval of the Board,
directly or indirectly, own or hold any Proprietary Interest (as hereinafter defined) in, or be
employed by or receive remuneration from, any United States corporation, partnership, sole
proprietorship or other entity engaged in the business of developing, producing, marketing or
selling products or services, in the geographic areas in which the Company and any of its
affiliates operate, of the kind or type developed or being developed, produced, marketed or sold by
the Company or any of its affiliates while the Employee was employed by the Company (a
“Competitor”), other than severance-type or retirement-type benefits from entities constituting
prior employers of the Employee. During the Restricted Period, the Employee also shall not,
without the express prior written consent of the Company, directly or indirectly, (i) solicit,
induce or assist any third party in soliciting or inducing any person that is (or was at any time
within the last twelve months prior to the solicitation or inducement) an employee, consultant,
independent contractor or agent of the Company or any of its affiliates to leave the employment of
the Company or any of its affiliates or cease performing services as an independent contractor,
consultant or agent of the Company or any of its affiliates; (ii) hire, or assist any third party
in hiring, any person that is or was (at any time within the twelve months prior to the attempted
hiring) an employee, consultant, independent contractor or agent of the Company or any of its
affiliates; or (iii) contact, communicate, solicit or transact any business with or assist any
third party in contacting, communicating, soliciting or transacting any business with any person
that is or was (at any time within the twelve months prior to the contact, communication,
solicitation or transaction) a customer of the Company or its affiliates (or person who, at any
time during the twelve months prior to the contact, communication, solicitation or transaction, the
Company or its affiliates contacted, communicated with or solicited for the purposes of becoming a
customer of the Company or any of its affiliates) for the purposes of inducing such customer or
potential customer to be connected to or benefit from any business competitive with that of the
Company or any of its affiliates.

For purposes of the preceding paragraph, the term “Proprietary Interest” means legal,
beneficial or equitable ownership, whether through stockholding or otherwise, of an equity interest
in a business, firm or entity other than ownership of less than five percent (5%) of any class of
equity interest in a publicly held business, firm or entity.

(c) The Company’s obligation to make payments, or provide for any benefits under this
Agreement (except to the extent vested or exercisable) shall cease upon a violation of the
preceding provisions of this section. The provisions of this Section 6 shall survive the
Employee’s termination of his employment with the Company.

(d) The Employee acknowledges that he has carefully read and considered all of the restraints
imposed pursuant to this Section 6 and that each and every one of said restraints is reasonable in
respect to subject matter, length of time and area. The Employee further acknowledges that damages
at law would not be a measurable or adequate remedy for a breach of the restrictive covenant
contained in Section 6(b) hereof, and accordingly consents to the entry by any court of competent
jurisdiction of order enjoining him from violating any of such covenants. If any of the covenants
contained in this Section 6 is held to be invalid or unenforceable because of the duration of such
provision or the area covered thereby, the parties agree that the court making such determination
shall have the power to reduce the duration and/or area of such provision and in its reduced form
said provision shall then be enforceable.

Section 7. Withholdings. The Company may directly or indirectly withhold from any payments
made under this Agreement all Federal, state, city or other taxes and all other deductions as shall
be required pursuant to any law or governmental regulation or ruling or pursuant to any
contributory benefit plan maintained by or on behalf of the Company.

Section 8. Consolidation, Merger or Sale of Assets. Nothing in this Agreement shall preclude
the Company from consolidating or merging into or with, or transferring all or substantially all of
its assets to, or engaging in any other business combination with, any other person or entity which
assumes this Agreement and all
obligations and undertakings of the Company hereunder. Upon such a consolidation, merger, transfer
of assets or other business combination and assumption, the term “Company” used herein shall mean
such other person or entity and this Agreement shall continue in full force and effect.

 

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Section 9. Notices. All notices, requests, demands and other communications required or
permitted hereunder shall be given in writing and shall be deemed to have been duly given if
delivered or mailed, postage prepaid, by same day or overnight mail (i) if to the Employee, at the
address set forth above, or (ii) if to the Company, as follows:

BCI Communications, Inc.

20 Bushes Lane

Elmwood Park, New Jersey 07407

or to such other address as either party shall have previously specified in writing to the other.

Section 10. Binding Agreement; No Assignment. This Agreement shall be binding upon, and
shall inure to the benefit of, the Employee and the Company and their respective permitted
successors, assigns, heirs, beneficiaries and representatives. This Agreement shall be for the
sole benefit of the parties to this Agreement and their respective heirs, successors, permitted
assigns (if any) and legal representatives and is not intended, nor shall be construed, to give any
person, other than the parties hereto and their respective heirs, successors, permitted assignees
(if any) and legal representatives, any legal or equitable right, remedy or claim hereunder. This
Agreement is personal to the Employee and may not be assigned by him without the prior written
consent of the Company. Any attempted assignment in violation of this Section 12 shall be null and
void.

Section 11. Governing Law. This Agreement shall be governed by, and construed in accordance
with, the internal laws of the State of New Jersey, without reference to the choice of law
principles thereof.

Section 12. Dispute Resolution.

(a) Any dispute or controversy between the Company and the Employee relating to this Agreement
shall be settled by litigation between the parties. Said litigation to be venued in the Supreme
Court of the State of New Jersey, law division, Bergen County vicinage.

(b) Notwithstanding anything herein to the contrary, the Company shall not be required to
arbitrate any dispute arising between it and the Employee relating to the foregoing Section 6 of
this Agreement, but shall have the right to institute judicial proceedings in the court set forth
in Section 12(a). The Employee hereby consents to, and waives any objection to, the personal
jurisdiction and venue of the aforesaid courts, and waives any claim that aforesaid courts
constitute on inconvenient forum.

Section 13. Entire Agreement. This Agreement shall constitute the entire agreement among the
parties with respect to the matters covered hereby and shall supersede any and all previous
written, oral or implied understandings among them with respect to such matters.

Section 14. Amendments. This Agreement may only be amended or otherwise modified, and
compliance with any provision hereof may only be waived, by a writing executed by all of the
parties hereto. The provisions of this Section 16 may only be amended or otherwise modified by
such a writing.

Section 15. Counterparts. This Agreement may be executed in any number of counterparts, each
of which shall be deemed to be an original, and all of which shall together be deemed to constitute
one and the same instrument.

Section 16. Waiver. Any of the terms or conditions of this Agreement may be waived at any
time by the party or parties entitled to the benefit thereof, but only by a writing signed by the
party or parties waiving such terms or conditions. No waiver of any provisions of this Agreement
or of any rights or benefits arising hereunder
shall be deemed to or shall constitute a waiver of any other provisions of this Agreement (whether
or not similar) nor shall such waiver constitute a continuing waiver unless otherwise expressly
provided in writing.

 

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Section 17. Severability. The invalidity of any portion hereof shall not affect the
validity, force or effect of the remaining portions hereof. If it is ever held that any
restriction hereunder is too broad to permit enforcement of such restriction to its fullest extent,
such restriction shall be enforced to the maximum extent permitted by law.

IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by the undersigned,
thereunto duly authorized, and the Employee has signed this Agreement, all as of the date first
above written.

	 	 	 	 	 
	 	BCI COMMUNICATIONS, INC.

 	 
	  	By:  	/s/  Richard Berliner
 	 
	 	 	Richard Berliner CEO 	 
	 	 	 	 
	 
	 	 	 
	  	By:  	/s/ Michael Gueriero
 	 
	 	 	Micheal Guerriero 	 
	 	 	 	 
	 

 

-5-Exhbiit 10.25

 

Exhibit 10.25

EMPLOYMENT AGREEMENT

EMPLOYMENT AGREEMENT (this “Agreement”), dated March 11, 2005, is entered into by and between
BCI Communications, Inc. (the “Company”), a Delaware corporation, with its principal place of
business at 20 Bushes Lane, Elmwood Park, New Jersey 07407, and Robert Bradley (the “Employee”), an
individual residing at 53 Waterside Drive, Little Ferry, New Jersey 07643.

W I T N E S S E T H:

WHEREAS, Richard Berliner, the Chief Executive Officer (“CEO”) and Chairman of the Board of
Directors (the “Board”) of the Company, has approved and authorized the entry into this Agreement
with Employee, and Employee desires to be employed by the Company, on the terms and conditions
hereinafter set forth.

WHEREAS, Employee is willing to serve as “Vice President of Sales, Marketing and Business
Development” of the Company, and the Company desires to retain Employee in that capacity on the
terms and conditions herein set forth.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto
agree as follows:

Section 1. Term of Employment. The Employee’s employment under this Agreement shall commence
on the date of hereof (the “Commencement Date”) and, subject to earlier termination pursuant to
Section 5 hereof, shall continue until the second anniversary of the Commencement Date (the
“Term”).

Section 2. Position and Duties. During the Term, the Employee shall serve as Vice President
of Sales Marketing and Business Development and shall have such powers and duties as are
commensurate with such position and as may be conferred upon him from time to time by Chief
Executive Officer or Board of Directors of the Company (the “Board”). During the Term, and except
for illness or incapacity and reasonable vacation periods, the Employee shall devote all of his
business time, attention, skill and efforts exclusively to the business and affairs of the Company
and its subsidiaries and affiliates and shall abide by all applicable policies of the Company.

Section 3. Compensation.

(a) For the performance of Employee’s duties hereunder during the Term, the Employee shall
receive a base salary at an annualized rate of $100,000.00 (the “Base Salary”), less normal
deductions, earned and payable pursuant to the Company’s standard payroll practices as in effect
from time to time.

(b) The Employee shall be entitled to participate in all compensation and employee benefit
plans or programs, and to receive all benefits, perquisites and emoluments, for which any salaried
employees of the Company are eligible under any plan or program now or hereafter established and
maintained by the Company, to the fullest extent permissible under the general terms and provisions
of such plans or programs and in accordance with the provisions thereof, including, without
limitation, incentive compensation, bonus, group hospitalization, health, dental care, or other
insurance, stock purchase, restricted stock and stock option plans. Notwithstanding the foregoing,
nothing in this Agreement shall preclude the amendment or termination of any such plan or program.

(c) In addition to the Base Salary, Employee shall be entitled to participate in an incentive
plan as set forth in Schedule A, attached hereto.

 

1

 

Section 4. Business Expenses. The Company shall pay or reimburse the Employee for all
reasonable travel or other expenses incurred by the Employee in connection with the performance of
his duties and obligations under this Agreement, subject to the Employee’s presentation of
appropriate vouchers in accordance with such procedures as the Company may from time to time
establish for employees and to preserve any deductions for Federal income taxation purposes to
which the Company may be entitled.

Section 5. Effect of Termination of Employment. (a) In the event the Employee’s employment
terminates, during the Term, due to a Without Cause Termination (as hereinafter defined), as
liquidated damages or severance pay, or both, the Company shall pay the unpaid Base Salary through
the end of the Term, but not less than the equivalent of five (5) month’s of the annual base salary
at the time of termination. The Employee shall be entitled to continued group hospitalization,
health and dental care insurance for the periods specified in the Comprehensive Omnibus Budget
Reconciliation Act (“COBRA”) upon payment by the Employee of the amounts specified under COBRA.

(b) In the event that the Employee’s employment hereunder terminates due to a Termination for
Cause (as hereinafter defined) or death of the Employee, earned but unpaid Base Salary as of the
date of termination of employment shall be payable in full. However, no other payments shall be
made, or benefits provided, by the Company under this Agreement except for benefits that have
already become vested under the terms of such employee benefit programs as may be maintained by the
Company or its affiliates for its employees and except as otherwise required by law.

(c) For purposes of this Agreement, the following terms have the following meanings:

(i) The term “Termination for Cause” means, to the maximum extent permitted by applicable law,
a termination of the Employee’s employment by the Company because the Employee has (a) materially
breached or materially failed to perform his duties under applicable law and such breach or failure
to perform constitutes self-dealing, willful misconduct or recklessness, (b) committed an act of
dishonesty in the performance of his duties hereunder or engaged in conduct detrimental to the
business of the Company, (c) been convicted of a felony or any crime involving moral turpitude, (d)
materially breached or materially failed to perform his obligations and duties hereunder, which
breach or failure the Employee shall fail to remedy within 30 days after written demand from the
Company, or (e) violated in any material respect the representations made in Section 1 above or the
provisions of Section 6 below.

(ii) The term “Without Cause Termination” means a termination of the Employee’s employment by
the Company other than due to expiration of the Term and other than a Termination for Cause.

Section 6. Other Duties of Employee During and After Term. (a) The Employee recognizes and
acknowledges that all information pertaining to the affairs, business, clients, or customers of the
Company or any of its subsidiaries or affiliates (any or all of such entities being hereinafter
referred to as the “Business”), as such information may exist from time to time, other than
information that the Company has previously made publicly available, is confidential information
and is a unique and valuable asset of the Business, access to and knowledge of which are essential
to the performance of the Employee’s duties under this Agreement. In consideration of the payments
made to him hereunder, the Employee shall not at any time, except to the extent reasonably
necessary in the performance of his duties under this Agreement, divulge to any person, firm,
association, corporation, or governmental agency, any information concerning the affairs,
businesses, clients, or customers of the Business (except such information as is required by law to
be divulged to a government agency or pursuant to lawful process), or make use of any such
information for his own purposes or for the benefit of any person, firm, association or corporation
(except the Business) and shall use his reasonable best efforts to prevent the disclosure of any
such information by others. All records, memoranda, letters, books, papers, reports, accountings,
experience or other data, and other records and documents relating to the Business, whether made by
the Employee or otherwise coming into his possession, are confidential information and are, shall
be, and shall remain the property of the Business. No
copies thereof shall be made which are not retained by the Business, and the Employee agrees, on
termination of his employment or on demand of the Company, to deliver the same to the Company.

 

-2-

 

(b) In consideration of the payments made to the Employee hereunder, during the six month
period commencing on the effective date of the Termination For Cause of his employment (the
“Restricted Period”), the Employee shall not, without express prior written approval of the Board,
directly or indirectly, own or hold any Proprietary Interest (as hereinafter defined) in, or be
employed by or receive remuneration from, any United States corporation, partnership, sole
proprietorship or other entity engaged in the business of developing, producing, marketing or
selling products or services, in the geographic areas in which the Company and any of its
affiliates operate, of the kind or type developed or being developed, produced, marketed or sold by
the Company or any of its affiliates while the Employee was employed by the Company (a
“Competitor”), other than severance-type or retirement-type benefits from entities constituting
prior employers of the Employee. During the Restricted Period, the Employee also shall not,
without the express prior written consent of the Company, directly or indirectly, (i) solicit,
induce or assist any third party in soliciting or inducing any person that is (or was at any time
within the last twelve months prior to the solicitation or inducement) an employee, consultant,
independent contractor or agent of the Company or any of its affiliates to leave the employment of
the Company or any of its affiliates or cease performing services as an independent contractor,
consultant or agent of the Company or any of its affiliates; (ii) hire, or assist any third party
in hiring, any person that is or was (at any time within the twelve months prior to the attempted
hiring) an employee, consultant, independent contractor or agent of the Company or any of its
affiliates; or (iii) contact, communicate, solicit or transact any business with or assist any
third party in contacting, communicating, soliciting or transacting any business with any person
that is or was (at any time within the twelve months prior to the contact, communication,
solicitation or transaction) a customer of the Company or its affiliates (or person who, at any
time during the twelve months prior to the contact, communication, solicitation or transaction, the
Company or its affiliates contacted, communicated with or solicited for the purposes of becoming a
customer of the Company or any of its affiliates) for the purposes of inducing such customer or
potential customer to be connected to or benefit from any business competitive with that of the
Company or any of its affiliates.

For purposes of the preceding paragraph, the term “Proprietary Interest” means legal,
beneficial or equitable ownership, whether through stockholding or otherwise, of an equity interest
in a business, firm or entity other than ownership of less than five percent (5%) of any class of
equity interest in a publicly held business, firm or entity.

(c) The Company’s obligation to make payments, or provide for any benefits under this
Agreement (except to the extent vested or exercisable) shall cease upon a violation of the
preceding provisions of this section. The provisions of this Section 6 shall survive the
Employee’s termination of his employment with the Company.

(d) The Employee acknowledges that he has carefully read and considered all of the restraints
imposed pursuant to this Section 6 and that each and every one of said restraints is reasonable in
respect to subject matter, length of time and area. The Employee further acknowledges that damages
at law would not be a measurable or adequate remedy for a breach of the restrictive covenant
contained in Section 6(b) hereof, and accordingly consents to the entry by any court of competent
jurisdiction of order enjoining him from violating any of such covenants. If any of the covenants
contained in this Section 6 is held to be invalid or unenforceable because of the duration of such
provision or the area covered thereby, the parties agree that the court making such determination
shall have the power to reduce the duration and/or area of such provision and in its reduced form
said provision shall then be enforceable.

Section 7. Withholdings. The Company may directly or indirectly withhold from any payments
made under this Agreement all Federal, state, city or other taxes and all other deductions as shall
be required pursuant to any law or governmental regulation or ruling or pursuant to any
contributory benefit plan maintained by or on behalf of the Company.

Section 8. Consolidation, Merger or Sale of Assets. Nothing in this Agreement shall preclude
the Company from consolidating or merging into or with, or transferring all or substantially all of
its assets to, or engaging in any other business combination with, any other person or entity which
assumes this Agreement and all
obligations and undertakings of the Company hereunder. Upon such a consolidation, merger, transfer
of assets or other business combination and assumption, the term “Company” used herein shall mean
such other person or entity and this Agreement shall continue in full force and effect.

 

-3-

 

Section 9. Notices. All notices, requests, demands and other communications required or
permitted hereunder shall be given in writing and shall be deemed to have been duly given if
delivered or mailed, postage prepaid, by same day or overnight mail (i) if to the Employee, at the
address set forth above, or (ii) if to the Company, as follows:

BCI Communications, Inc.

20 Bushes Lane

Elmwood Park, New Jersey 07407

or to such other address as either party shall have previously specified in writing to the other.

Section 10. Binding Agreement; No Assignment. This Agreement shall be binding upon, and
shall inure to the benefit of, the Employee and the Company and their respective permitted
successors, assigns, heirs, beneficiaries and representatives. This Agreement shall be for the
sole benefit of the parties to this Agreement and their respective heirs, successors, permitted
assigns (if any) and legal representatives and is not intended, nor shall be construed, to give any
person, other than the parties hereto and their respective heirs, successors, permitted assignees
(if any) and legal representatives, any legal or equitable right, remedy or claim hereunder. This
Agreement is personal to the Employee and may not be assigned by him without the prior written
consent of the Company. Any attempted assignment in violation of this Section 12 shall be null and
void.

Section 11. Governing Law. This Agreement shall be governed by, and construed in accordance
with, the internal laws of the State of New Jersey, without reference to the choice of law
principles thereof.

Section 12. Dispute Resolution.

(a) Any dispute or controversy between the Company and the Employee relating to this Agreement
shall be settled by litigation between the parties. Said litigation to be venued in the Supreme
Court of the State of New Jersey, law division, Bergen County vicinage.

(b) Notwithstanding anything herein to the contrary, the Company shall not be required to
arbitrate any dispute arising between it and the Employee relating to the foregoing Section 6 of
this Agreement, but shall have the right to institute judicial proceedings in the court set forth
in Section 12(a). The Employee hereby consents to, and waives any objection to, the personal
jurisdiction and venue of the aforesaid courts, and waives any claim that aforesaid courts
constitute on inconvenient forum.

Section 13. Entire Agreement. This Agreement shall constitute the entire agreement among the
parties with respect to the matters covered hereby and shall supersede any and all previous
written, oral or implied understandings among them with respect to such matters.

Section 14. Amendments. This Agreement may only be amended or otherwise modified, and
compliance with any provision hereof may only be waived, by a writing executed by all of the
parties hereto. The provisions of this Section 16 may only be amended or otherwise modified by
such a writing.

Section 15. Counterparts. This Agreement may be executed in any number of counterparts, each
of which shall be deemed to be an original, and all of which shall together be deemed to constitute
one and the same instrument.

Section 16. Waiver. Any of the terms or conditions of this Agreement may be waived at any
time by the party or parties entitled to the benefit thereof, but only by a writing signed by the
party or parties waiving such terms or conditions. No waiver of any provisions of this Agreement
or of any rights or benefits arising hereunder
shall be deemed to or shall constitute a waiver of any other provisions of this Agreement (whether
or not similar) nor shall such waiver constitute a continuing waiver unless otherwise expressly
provided in writing.

 

-4-

 

Section 17. Severability. The invalidity of any portion hereof shall not affect the
validity, force or effect of the remaining portions hereof. If it is ever held that any
restriction hereunder is too broad to permit enforcement of such restriction to its fullest extent,
such restriction shall be enforced to the maximum extent permitted by law.

IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by the undersigned,
thereunto duly authorized, and the Employee has signed this Agreement, all as of the date first
above written.

	 	 	 	 	 
	 	BCI COMMUNICATIONS, INC.

 	 
	  	By:  	/s/ Richard Berliner
 	 
	 	 	Richard Berliner CEO 	 
	 	 	 	 
	 
	 	 	 
	  	By:  	/s/ Robert Bradley
 	 
	 	 	Robert Bradley 	 
	 	 	 	 
	 

 

-5-

 

SCHEDULE A

EMPLOYEE’S INCENTIVE PLAN

If the Company achieves one of the following Gross Sales for the 2005 fiscal year, ending June 30,
2006, the Employee shall receive the corresponding incentive award:

	 	 	 	 	 
	Gross Sales	 	Incentive Award	 
	Up to $19,999,999.99
	 	$	0.00	 
	$20,000,000.00- $24,999,999.99
	 	$	25,000.00	 
	$25,000,000.00- $29,999,999.99
	 	$	50,000.00	 
	$30,000,000.00 and above
	 	$	75,000.00	 

The Company must achieve the Gross Sales figure for the Employee to earn the corresponding
Incentive Award. The Incentive Award shall not be cumulative.

 

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