Document:

exv10w2

Exhibit 10.2

COMPASS CS INC.

AMENDED 1999 STOCK OPTION PLAN

1. Purpose of the Amended 1999 Stock Option Plan.

          Compass CS Inc. (the “Corporation”) desires to attract and retain the best available talent
and to encourage the highest level of performance. The Amended 1999 Stock Option Plan (the “Stock
Option Plan”) is intended to contribute significantly to the attainment of these objectives, by (i)
providing long-term incentives and rewards to all key employees of the Corporation (including
officers and directors who are key employees of the Corporation and also including key employees of
any subsidiary of the Corporation which may include officers or directors of any subsidiary of the
Corporation who are also key employees of said subsidiary), and those directors and officers,
consultants, advisers, agents or independent representatives of the Corporation or of any
subsidiary (together, “Eligible Individuals”), who are contributing or in a position to contribute
to the long-term success and growth of the Corporation or of any subsidiary, (ii) assisting the
Corporation and any subsidiary in attracting and retaining Eligible Individuals with experience and
ability, and (iii) associating more closely the interests of such Eligible Individuals with those
of the Corporation’s stockholders.

2. Scope and Duration of the Stock Option Plan.

          Under the Stock Option Plan, options (“Options”) to purchase Shares of Class “C” common stock,
par value $.001 per share (“Common Stock”) may be granted to Eligible Individuals. Options granted
to employees (including officers and directors who are employees) of the Corporation or a
subsidiary corporation thereof, may, at the time of grant, be designated by the Corporation’s Board
of Directors either as incentive stock options (“ISOs”), with the attendant tax benefits as
provided for under Sections 421 and 422 of the Internal Revenue Code of 1986, as amended (the
“Code”) or as nonqualified stock options. The aggregate number of shares of Common Stock reserved
for grant from time to time under the Stock Option Plan is 2,000,000 shares of Common Stock which
shares of Common Stock may be authorized but unissued shares of Common Stock or shares of Common
Stock, which shall have been or which may be reacquired by the Corporation, as the Board of
Directors of the Corporation shall from time to time determine. Such aggregate numbers shall be
subject to adjustment as provided in Paragraph 12. If an Option shall expire or terminate for any
reason without having been exercised in full the shares of Common Stock represented by the portion
thereof not so exercised or surrendered shall (unless the Stock Option Plan shall have been
terminated) become available for other options under the Stock Option Plan. Subject to Paragraph
14, no Option shall be granted under the Stock Option Plan after June 30, 2009. The grant of an
Option and/or a Right is sometimes referred to herein as an Award thereof.

3. Administration of the Stock Option Plan.

          This Stock Option Plan will be administered by the Board of Directors of the Corporation (the
“Board of Directors”). The Board of Directors, in its discretion, may designate an option
committee (the “Option Committee” or “Committee”) composed of at least two members of the

 

Board of Directors to administer this Stock Option Plan. Members of the Stock Option
Committee shall meet such qualifications as the Board of Directors may determine. Subject to the
express provisions of this Plan, the Board of Directors or the Committee (hereinafter, the terms
“Option Committee” or “Committee” shall mean the Board of Directors whenever no such Option
Committee has been designated) shall have authority in its discretion, subject to and not
inconsistent with the express provisions of this Stock Option Plan, to direct the grant of Options,
to determine the purchase price of the Common Stock covered by each Option, the Eligible
Individuals to whom, and the time or times at which, Options shall be granted and subject to the
maximum set forth in Paragraph 4 hereof, the number of shares of Common Stock to be covered by each
Option; to designate Options as ISOs; to interpret the Stock Option Plan; to determine the time or
times at which Options may be exercised; to prescribe, amend and rescind rules and regulations
relating to the Stock Option Plan, including, without limitation, such rules and regulations as it
shall deem advisable, to determine the terms and provisions of and to cause the Corporation to
enter into agreements with Eligible Individuals in connection with Options (Awards) granted under
the Stock Option Plan (the “Agreements”), which Agreements may vary from one another as the
Committee shall deem appropriate; and to make all other determinations it may deem necessary or
advisable for the administration of the Stock Option Plan.

                    Members of the Committee shall serve at the pleasure of the Board of Directors. The Committee
shall have and may exercise all of the powers of the Board of Directors under the Stock Option
Plan, other than the power to appoint a director to committee membership. A majority of the
Committee shall constitute a quorum, and acts of a majority of the members present at any meeting
at which a quorum is present shall be deemed the acts of the Committee. The Committee may also act
by instrument signed by a majority of the members of the Committee.

                    Every action, decision, interpretation or determination by the Committee with respect to the
application or administration of this Stock Option Plan shall be final and binding upon the
Corporation and each person holding any Option granted under this Stock Option Plan.

4. Eligibility: Factors to be Considered in Granting Options and Designating ISOs (Awards).

          (a) Options may be granted only to (i) key employees (including officers and directors who are
employees) of the Corporation or any subsidiary corporation thereof on the date of grant (Options
so granted may be designated as ISOs), and (ii) directors or officers of the Corporation or a
subsidiary corporation thereof on the date of grant, without regard to whether they are employees,
and (iii) consultants or advisers to or agents or independent representatives of the Corporation or
a subsidiary thereof. In determining the persons to whom Options (Awards) shall be granted and the
number of shares of Common Stock to be covered by each Award, the Committee shall take into account
the nature of the duties of the respective persons, their present and potential contributions to
the Corporation’s (including subsidiaries) successful operation and such other factors as the Board
of Directors in its discretion shall deem relevant. Subject to the provisions of Paragraph 2, an
Eligible Individual may receive Options (Awards) on more than one occasion under the Stock Option
Plan. No person shall be eligible for an Option grant if he shall have filed with the Secretary of
the Corporation an instrument waiving

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such eligibility; provided that any such waiver may be revoked by filing with the Secretary of
the Corporation an instrument of evocation, which revocation will be effective upon such filing.

          (b) In the case of each ISO granted to an employee, the aggregate fair market value
(determined at the time the ISO is granted) of the Common Stock with respect to which the ISO is
exercisable for the first time by such employee during any calendar year (under all plans of the
Corporation and any subsidiary corporation thereof) may not exceed $100,000.

5. Option Price.

          (a) The purchase price per share of the Common Stock covered by each Option shall be
established by the Committee, but in no event shall it be less than the fair market value of a
share of the Common Stock on the date the Option is granted with respect to an ISO. Options which
are not designated as ISOs may be issued with such purchase price per share as the Committee shall
determine, which purchase price may be less than the fair market value of a share of the common
stock on the date the Option is granted. If, at the time an Option is granted, the Common Stock is
publicly traded, such fair market value shall be the closing price (or the mean of the latest bid
and asked prices) of a share of Common Stock on such date as reported in The Wall Street Journal
(or a publication or reporting service deemed equivalent to The Wall Street Journal for such
purpose by the Board of Directors) for any national securities exchange or other securities market
which at the time is included in the stock price quotations of such publication. In the event that
the Committee shall determine such stock price quotation is not representative of fair market value
by reason of the lack of a significant number of recent transactions or otherwise, the Committee
may determine fair market value in such a manner as it shall deem appropriate under the
circumstances. If, at the time an Option is granted, the Common Stock or is not publicly traded,
the Committee shall make a good faith attempt to determine such fair market value.

          (b) In the case of an employee who at the time an ISO is granted owns stock possessing more
than 10% of the total combined voting power of all classes of the stock of the employer corporation
or of its parent or a subsidiary corporation thereof (a “10% Holder”), the purchase price of the
Common Stock covered by any ISO shall in no event be less than 110% of the fair market value of the
Common Stock at the time the ISO is granted.

6. Term of Options.

          The term of each Option shall be fixed by the Committee, but in no event shall it be
exercisable more than 10 years from the date of grant, subject to earlier termination as provided
in Paragraphs 10 and 11. An ISO granted to a 10% Holder shall not be exercisable more than 5 years
from the date of grant.

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7. Exercise of Options.

          (a) Subject to the provisions of the Stock Option Plan, an Option granted to an employee under
the Stock Option Plan shall become fully exercisable at such time or times as the Committee in its
sole discretion shall determine at the time of the granting of the Option, except that in no event
shall any such Option be exercisable later than 10 years after its grant.

          (b) An Option may be exercised as to any or all full shares of Common Stock as to which the
Option is then exercisable.

          (c) The purchase price of the shares of Common Stock as to which an Option is exercised shall
be paid in full in cash at the time of exercise. In addition, the holder shall, upon notification
of the amount due and prior to or concurrently with delivery to the holder of a certificate
representing such shares of Common Stock, pay promptly any amount necessary to satisfy applicable
federal, state or local tax requirements.

          (d) Except as provided in Paragraphs 10 and 11, no Option may be exercised unless the original
grantee thereof is then an Eligible Individual.

          (e) The Option holder shall have the rights of a stockholder with respect to shares of Common
Stock covered by an Option only upon becoming the holder of record of such shares of Common Stock.

          (f) Notwithstanding any other provision of this Stock Option Plan, the Corporation shall not
be required to issue or deliver any share of stock upon the exercise of an Option prior to the
admission of such share to listing on any stock exchange or automated quotation system on which the
Corporation’s Common Stock may then be listed.

8. Non-transferability of Options.

          No Options granted under the Stock Option Plan shall be transferable other than by will or by
the laws of descent and distribution (“Permitted Transferee”). With respect to ISOs, Options may
be exercised, during the lifetime of the holder, only by the holder, or by his guardian or legal
representative.

9. Termination of Relationship to the Corporation.

          (a) In the event that any original grantee shall cease to be an Eligible Individual of the
Corporation (or any subsidiary thereof), except as set forth in Paragraph 11, such Option may
(subject to the provisions of the Stock Option Plan) be exercised (to the extent that the original
grantee was entitled to exercise such Option at the termination of his employment or service as a
director, officer, consultant, adviser, agent or independent representative, as the case may be) at
any time within three months after such termination, but not more than 10 years (five years in the
case of a 10% Holder) after the date on which such Option was granted or the expiration of the
Option, if earlier. Notwithstanding the foregoing, if the position of an original grantee shall be
terminated by the Corporation or any subsidiary thereof for cause or if the original grantee
terminates his employment or position voluntarily and without the written consent of the
Corporation or any subsidiary corporation thereof, as the case may be (which consent shall be

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presumed in the case of normal retirement), the Options granted to such person, whether held
by such person or by a Permitted Transferee shall, to the extent not theretofore exercised,
forthwith terminate immediately upon such termination. The holder of any ISO may not exercise such
Option unless at all times during the period beginning with the date of grant of the ISO and ending
on the three months before the date of exercise he is an employee of the Corporation granting such
Option, a subsidiary thereof, or a corporation or a subsidiary corporation issuing or assuming a
stock option in a transaction to which Section 424(a) of the Code applies.

          (b) Other than as provided in Paragraph 10(a), Options granted under the Stock Option Plan
shall not be affected by any change of duties or position so long as the holder remains an Eligible
Individual.

          (c) Any Option Agreement may contain such provisions as the Committee shall approve with
reference to the determination of the date employment terminates or the date other positions or
relationships terminate for purposes of the Stock Option Plan and the effect of leaves of absence,
which provisions may vary from one another.

          (d) Nothing in the Stock Option Plan or in any Option granted pursuant to the Stock Option
Plan shall confer upon any Eligible Individual or other person any right to continue in the employ
of the Corporation or any subsidiary corporation (or the right to be retained by, or have any
continued relationship with the Corporation or any subsidiary corporation thereof), or affect the
right of the Corporation or any such subsidiary corporation, as the case may be, to terminate his
employment, retention or relationship at any time. The grant of any option pursuant to the Stock
Option Plan shall be entirely in the discretion of the Committee and nothing in the Stock Option
Plan shall be construed to confer on any Eligible Individual any right to receive any Option under
the Stock Option Plan.

10. Death or Disability of Holder.

          (a) If a person to whom an Option has been granted under the Stock Option Plan shall die (and
the conditions in sub-paragraph (b) below are met) or become permanently and totally disabled (as
such term is defined below) while serving as an Eligible Individual and if the Option was otherwise
exercisable immediately prior to the happening of such event, then the period for exercise provided
in Paragraph 10 shall be extended to one year after the date of death of the original grantee, or
in the case of the permanent and total disability of the original grantee, to one year after the
date of permanent and total disability of the original grantee, but, in either case, not more than
10 years (five years in the case of a 10% Holder) after the date such Option was granted, or the
expiration of the Option, if earlier, as shall be prescribed in the original grantee’s Option
Agreement. An Option may be exercised as set forth herein in the event of the original grantee’s
death, by a Permitted Transferee or the person or persons to whom the holder’s rights under the
Option pass by will or applicable law, or if no such person has the right, by his executors or
administrators; or in the event of the original grantee’s permanent and total disability, by the
holder or his guardian.

          (b) In the case of death of a person to whom an Option was originally granted, the provisions
of subparagraph (a) apply if such person dies (i) while in the employ of the Corporation or a
subsidiary corporation thereof or while serving as an Eligible Individual of the

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Corporation or a subsidiary corporation thereof or (ii) within three months after the
termination of such position other than termination for cause, or voluntarily on the original
grantee’s part and without the consent of the Corporation or a subsidiary corporation thereof,
which consent shall be presumed in the case of normal retirement.

          (c) The term “permanent and total disability” as used above shall have the meaning set forth
in Section 22(e)(3) of the Code.

11. Adjustments upon Changes in Capitalization.

          Notwithstanding any other provision of the Stock Option Plan, each Agreement may contain such
provisions as the Committee shall determine to be appropriate for the adjustment of the number and
class of shares of Common Stock covered by such Option, the Option prices and the number of shares
of Common Stock as to which Options shall be exercisable at any time, in the event of changes in
the outstanding Common Stock of the Corporation by reason of stock dividends, split-ups,
split-downs, reverse splits, recapitalizations, mergers, consolidations, combinations or exchanges
of shares, spin-offs, reorganizations, liquidations and the like. In the event of any such change
in the outstanding Common Stock of the Corporation, the aggregate number of shares of Common Stock
as to which Options may be granted under the Stock Option Plan to any Eligible Individual shall be
appropriately adjusted by the Committee whose determination shall be conclusive. In the event of
(i) the dissolution, liquidation, merger or consolidation of the Corporation or a sale of all or
substantially all of the assets of the Corporation, or (ii) the disposition by the Corporation of
substantially all of the assets or stock of a subsidiary of which the original grantee is then an
employee, officer or director, consultant, adviser, agent or independent representative or (iii) a
change in control (as hereinafter defined) of the Corporation has occurred or is about to occur,
then, if the Committee shall so determine, each Option under the Stock Option Plan, if such event
shall occur with respect to the Corporation, or each Option granted to an employee, officer,
director, consultant, adviser, agent or independent representative of a subsidiary respecting which
such event shall occur, shall (x) become immediately and fully exercisable or (y) terminate
simultaneously with the happening of such event, and the Corporation shall pay the optionee in lieu
thereof an amount equal to (a) the excess of the fair market value over the exercise price of one
share on the date on which such event occurs, multiplied by (b) the number of shares subject to the
Option, without regard to whether the Option is then otherwise exercisable.

12. Effectiveness of the Stock Option Plan.

          Options may be granted under the Stock Option Plan, subject to its authorization and adoption
by stockholders of the Corporation, at any time or from time to time after its adoption by the
Committee, but no Option shall be exercised under the Stock Option Plan until the Stock Option Plan
shall have been authorized and adopted by a majority of the votes properly cast thereon at a
meeting of stockholders of the Corporation duly called and held within 12 months from the date of
adoption of the Stock Option Plan by the Board of Directors. If so adopted, the Stock Option Plan
shall become effective as of the date of its adoption by the Board of Directors. The exercise of
the Options shall also be expressly subject to the condition that at the time of exercise a
registration statement under the Securities Act of 1933, as amended (the “Act”) shall be effective,
or other provisions satisfactory to the Committee shall have been made to ensure

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that such exercise will not result in a violation of such Act, and such other qualification
under any state or federal law, rule or regulation as the Corporation shall determine to be
necessary or advisable shall have been effected. If the shares of Common Stock issuable upon
exercise of an Option are not registered under such Act, and if the Committee shall deem it
advisable, the Optionee may be required to represent and agree in writing (i) that any shares of
Common Stock acquired pursuant to the Stock Option Plan will not be sold except pursuant to an
effective registration statement under such Act or an exemption from the registration provisions of
the Act and (ii) that such Optionee will be acquiring such shares of Common Stock for his own
account and not with a view to the distribution thereof and (iii) that the holder accepts such
restrictions on transfer of such shares, including, without limitation, the affixing to any
certificate representing such shares of an appropriate legend restricting transfer as the
Corporation may reasonably impose.

13. Termination and Amendment of the Stock Option Plan.

          The Board of Directors of the Corporation may, at any time prior to the termination of the
Stock Option Plan, suspend, terminate, modify or amend the Stock Option Plan; provided that any
increase in the aggregate number of shares of Common Stock reserved for issue upon the exercise of
Options, any amendment which would materially increase the benefits accruing to participants under
the Stock Option Plan, or any material modification in the requirements as to eligibility for
participation in the Stock Option Plan, shall be subject to the approval of stockholders in the
manner provided in Paragraph 13, except that any such increase, amendment or change that may result
from adjustments authorized by Paragraph 12 or adjustments based on revisions to the Code or
regulations promulgated thereunder (to the extent permitted by such authorities) shall not require
such approval. No suspension, termination, modification or amendment of the Stock Option Plan may,
without the express written consent of the Eligible Individual (or his Permitted Transferee) to
whom an Option shall theretofore have been granted, adversely affect the rights of such Eligible
Individual (or his Permitted Transferee) under such Option.

14. Stockholders Agreement.

          At the election of the Corporation an Eligible Individual or a Permitted Transferee shall not
be entitled to receive shares upon the exercise of an Option unless and until the Eligible
Individual or Permitted Transferee has become a part to the shareholders agreement annexed hereto
as Exhibit A. If an Eligible Individual or Permitted Transferee fails to execute and deliver such
Shareholders Agreement within 10 days after being advised of the requirement to do so then his or
her option shall ipso facto lapse and shall thereafter be void and unenforceable.

15. Severability.

          In the event that any one or more provisions of the Stock Option Plan or any Agreement, or any
action taken pursuant to the Stock Option Plan or such Agreement, should, for any reason, be
unenforceable or invalid in any respect under the laws of the United States, any state or the
United States or any other government, such unenforceability or invalidity shall not affect any
other provision of the Stock Option Plan or of such or any other Agreement, but in such particular
jurisdiction and instance the Stock Option Plan and the affected Agreement shall be

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construed as if such unenforceable or invalid provision had not been contained therein or if
the action in question had not been taken thereunder.

16. Applicable Law.

          The Stock Option Plan shall be governed and interpreted, construed and applied in accordance
with the laws of the State of Delaware.

17. Withholding.

          A holder shall, upon notification of the amount due and prior to or concurrently with delivery
to such holder of a certificate representing such shares of Common Stock, pay promptly any amount
necessary to satisfy applicable federal, state, local or other tax requirements.

18. Miscellaneous.

          1. The terms “parent,” “subsidiary” and “subsidiary corporation” shall have the meanings set
forth in Sections 424(e) and (f) of the Code, respectively.

          2. The term “terminated for cause” shall mean termination by the Corporation (or a subsidiary
thereof) of the employment of or other relationship with, the original grantee by reason of the
grantee’s (i) willful refusal to perform his obligations to the Corporation (or a subsidiary
thereof), (ii) willful misconduct, contrary to the interests of the Corporation (or a subsidiary
thereof), (iii) commission of a serious criminal act, whether denominated a felony, misdemeanor or
otherwise or (iv) termination for cause pursuant to an agreement with an Eligible Individual. In
the event of any dispute regarding whether a termination for cause has occurred, the Board of
Directors may by resolution resolve such dispute and such resolution shall be final and conclusive
on all parties.

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Exhibit 10.6(a)

SEVERANCE AGREEMENT

          This Severance Agreement (this “Agreement”) is made and entered into this 2nd day of October,
2006 (the “Effective Date”), by and between CBS Personnel Holdings, Inc., a Delaware corporation
(“CBS”), and Lesa J. Francis (“Executive”). Each of Executive and CBS are sometimes referred to
herein as a “Party” and collectively as the “Parties.”

BACKGROUND

          Executive and CBS have been engaged in and wish to continue an “at-will” employment
relationship. The Parties are entering into this Agreement to provide Executive with certain
security and benefits in her continuing employment, and to provide CBS, its subsidiaries and
affiliates with certain covenants from Executive to protect the business interests of CBS and its
subsidiaries and affiliates during Executive’s continuing employment. Nothing contained herein
should be construed as a modification of the “at-will” nature of Executive’s employment with CBS.

AGREEMENT

          In consideration of the mutual promises and consideration stated herein, the sufficiency of
which is hereby acknowledged, CBS and Executive agree as follows:

1. Employment

          Executive agrees to continue her employment with CBS and CBS agrees to continue to employ
Executive, all subject to the terms and conditions set forth herein.

2. Termination of Employment

          Executive’s employment with CBS may be terminated at any time and for any reason with or
without notice by CBS or by Executive. Except as otherwise expressly provided in this Agreement or
as otherwise required by applicable law, upon termination of Executive’s employment with CBS,
Executive will have no obligation or duty to further serve CBS in any capacity, nor will CBS or its
subsidiaries or affiliates be under any obligation to make any further payments or provide any
further benefits to Executive.

3. Termination Payments 

          Upon the termination of Executive’s employment, Executive will resign all positions of any
kind held with CBS or its subsidiaries or affiliates. Upon the termination of Executive’s
employment, CBS will be obligated to provide Executive only with such compensation as expressly
provided in this paragraph 3, and only upon the execution and delivery by Executive of a release
and waiver of all claims Executive may have against CBS, its subsidiaries, affiliates,
representatives and other related parties, in form and substance satisfactory to CBS.

 

 

          a. Termination for Cause.

(i) If CBS terminates Executive’s employment hereunder for “Cause” then no further
compensation shall be paid to Executive after the date of termination.

(ii) For purposes of this Agreement, “Cause” shall be defined as any of the
following:

     (1) Executive’s breach of this Agreement;

     (2) Executive’s failure to adhere to any written policy of CBS or its
subsidiaries or affiliates in any material respect;

     (3) Executive’s failure (as determined in good faith by the President
or Board of Directors of CBS and after 90 days following written warning
notice from the Board or President specifying such material violation and
Executive’s failure to cure or remedy such material violation within such 90
day period) to effectively perform the duties assigned to Executive by CBS
in any material respect;

     (4) the appropriation (or attempted appropriation) of a material
business opportunity of CBS or its subsidiaries or affiliates, including
attempting to secure or securing any personal profit in connection with any
transaction entered into on behalf of CBS or its subsidiaries or affiliates;

     (5) the misappropriation (or attempted misappropriation) of any funds
or property of CBS or its subsidiaries or affiliates or the commission by
Executive of any act of fraud against CBS or its subsidiaries or affiliates;

     (6) the conviction of, the indictment for (or its procedural
equivalent), or the entering of a guilty plea or plea of no contest with
respect to, a felony, the equivalent thereof, or any other crime involving
moral turpitude; or

     (7) the violation by Executive of the Confidentiality Agreement (as
defined in paragraph 4 hereof) or the unauthorized use by Executive of the
trade secrets or confidential information of CBS or its subsidiaries or
affiliates.

(iii) For purposes of this paragraph 3(a) the “date of termination” shall be the later
of: (A) the date CBS provides Executive with notice of termination of her employment, or (B)
the last date Executive provides services on behalf of CBS, as set forth in the notice of
termination provided to Executive by CBS. CBS is not required to give prior notice to
Executive of termination for Cause.

          b. Resignation by Executive. If Executive resigns or retires at any time for any
reason other than that provided in paragraph 3(c) or 3(d) below, no further compensation shall be
paid to

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Executive after the date of termination; provided, however, Executive shall be entitled to
receive from CBS, subject to any deduction and withholding required by applicable law, any base
salary that was fully earned by Executive prior to the date of termination. For purposes of this
paragraph 3(b) the “date of termination” shall be the later of (A) the date Executive provides CBS
with notice of termination of her employment, or (B) the last date Executive provides services on
behalf of CBS, as agreed to in writing by Executive and CBS.

          c. Death of Executive. Executive’s employment with CBS automatically terminates upon
the death of Executive. In that event, no further compensation shall be paid to Executive after
the date of termination; provided, however, Executive (or her heirs, estate or personal
representative, as the case may be) shall be entitled to receive from CBS, subject to any deduction
and withholding required by applicable law, any base salary that was fully earned by Executive
prior to the date of termination.

          d. Disability of Executive. If Executive’s employment with CBS terminates by reason
of Executive’s disability, as determined under any of CBS’s disability plans then applicable to
Executive, Executive will be paid in accordance with any disability plans or policies of CBS in
existence on the date of termination and applicable to Executive.

          e. Termination Without Cause.

(i) If CBS terminates Executive’s employment for any reason other than Cause,
disability or death, then Executive shall be entitled to receive from CBS, subject to any
deduction and withholding required by applicable law:

     (A) any base salary that was fully earned by Executive prior to the date of
termination; and

     (B) for a period of twelve (12) consecutive months following the date of
termination (the “Severance Period”), continuation of base salary, payable according
to the normal payroll schedule and practices of CBS.

(ii) Any payments to Executive under this paragraph 3(e) are contingent upon
Executive’s continuing compliance with the Confidentiality Agreement (as defined in
paragraph 4 of this Agreement).

(iii) For purposes of this paragraph 3(e) the “date of termination” shall be the later
of: (A) the date CBS provides Executive with notice of termination of her employment, or (B)
the last date Executive provides services on behalf of CBS, as set forth in the notice of
termination provided to Executive by CBS.

(iv) CBS agrees that during the Severance Period, it will voluntarily fund the
portion of Executive’s COBRA premium that exceeds the dollar amount that Executive was
required to contribute towards health benefits as an employee of CBS immediately prior
to termination.

          f. Change in Control. If on the date of a Change of Control acquiring company does
not offer to employ Executive in any capacity, at a base pay equal to or greater
than in

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effect at the time of Change of Control, or requires Executive to relocate from his or her
city of residence, CBS will pay the Executive in accordance with 3e., Termination
Without Cause.

4. Executive’s Covenants Protecting CBS’ Business Resources

          On October ____, 2006, Executive and CBS entered into that certain Agreement on
Confidentiality and Non-Competition, a copy of which is attached hereto as Exhibit A and
incorporated herein by reference (the “Confidentiality Agreement”). The Parties hereby reaffirm
and ratify all aspects of the Confidentiality Agreement. The covenants in the Confidentiality
Agreement will survive the termination of this Agreement.

5. Miscellaneous

          a. Successors and Assigns. This Agreement will be binding upon and inure to the
benefit of (i) CBS and its successors and assigns and (ii) Executive and Executive’s heirs and
personal representatives. This Agreement is not assignable by Executive.

          b. Notices. All notices, requests, demands and other communications hereunder will be
in writing and will be deemed to have been duly given if personally delivered or delivered via
telecopy, overnight delivery, or prepaid certified or registered U.S. Mail, return receipt
requested, to the following addresses or to such other address as either Party may designate by
like notice.

	 	 	 	 	 

	 

	 	If CBS, to:
	 	Frederick L. Kohnke, President

435 Elm Street

Suite 300

Cincinnati, Ohio 45202
	 
	 	 	 	 
	 

	 	With a copy to:
	 	Carrie Ryan, Esq.

Squire, Sanders & Dempsey L.L.P.

312 Walnut Street, Suite 3500

Cincinnati, OH 45202
	 
	 	 	 	 
	 

	 	If to Executive, to:
	 	Lesa J. Francis

1581 Asheforde Drive

Marietta, GA. 30068

          c. Entire Agreement; Modification. This Agreement and the Confidentiality Agreement
contain the entire agreement of the Parties about the subjects contained herein and therein, and
replace all prior contemporaneous oral or written agreements, understandings, statements,
representations and promises by either Party. No supplement, modification, or amendment to this
Agreement will be effective and binding unless the same is contained in a writing accepted and duly
executed by the Parties.

          d. Paragraph Headings. The paragraph headings used in this Agreement are included
solely for convenience and will not affect, or be used in connection with, the interpretation of
this Agreement.

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          e. Severability. The provisions of this Agreement will be deemed severable and the
invalidity or unenforceability of any provision will not affect the validity or enforceability of
the other provisions hereof.

          f. Governing Law. This Agreement will, except to the extent that federal law will be
deemed to apply, be governed by and construed and enforced in accordance with the laws of Ohio.

          g. Arbitration of Certain Disputes. Any dispute between the Parties arising out of
this Agreement, including but not limited to any dispute regarding any aspect of this Agreement,
its formation, validity, interpretation, effect, performance or breach, or the Executive’s
employment (“Arbitrable Dispute”) shall be submitted to arbitration in Cincinnati, Ohio, before an
experienced employment arbitrator who is either licensed to practice law in Ohio, or is a retired
judge. The Parties agree to make a good faith effort to select a mutually agreeable arbitrator.
However, if the Parties are unable to reach agreement on an arbitrator, one will be selected
pursuant to the Employment Dispute Resolution Rules of the American Arbitration Association or any
successor rules thereto. The arbitration shall be conducted in accordance with the Employment
Dispute Resolution Rules or any successor rules. The arbitrator in an Arbitrable Dispute shall not
have authority to modify or change this Agreement in any respect. The prevailing Party in any such
arbitration shall be awarded its costs, expenses, and reasonable attorneys’ fees incurred in
connection with the arbitration. The Executive and CBS shall each be responsible for payment of
one-half the amount of the arbitrator’s fee(s). The arbitrator’s decision and/or award will be
fully enforceable and subject to an entry of judgment by any court of competent jurisdiction.

          h. Jurisdiction and Venue in Judicial Proceedings. Any judicial action (not otherwise
subject to arbitration under paragraph 5(g) above) and arising under this Agreement, and not
otherwise prohibited by this Agreement, will be instituted only in state and/or federal courts
located in Cincinnati, Ohio. The Parties hereby expressly consent to the jurisdiction of and waive
any objection to venue in such courts.

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

          IN WITNESS WHEREOF, the Parties have executed this Agreement on the day and year first
hereinabove written.

	 	 	 	 	 
	 	CBS PERSONNEL HOLDINGS, INC.

 	 
	 	By:  	 /s/
Suzanne Perry	 
	 	 	 	 
	 	 	Its:  	 VP
HR	 
	 	 	 
	 	
 /s/ Lesa J. Francis	 
	 	Lesa J. Francis 	 
	 	 	 

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Exhibit A

Agreement on Confidentiality and Non-Solicitation

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