Document:

Exhibit 10.61

    EXHIBIT
      10.61

    STRATUS
      NON-COMPETE/NON-SOLICITATION AGREEMENT

    

    

    

    This
      STRATUS NON-COMPETE
      AND NON-SOLICITATION AGREEMENT
      (the
“Agreement”)
      is made
      and entered into as of this 2nd
      day of
      December, 2005, by and between STRATUS
      SERVICES GROUP, INC.,
      a
      Delaware company (“Stratus”)
      and
ALS,
      LLC,
      a
      Florida limited liability company (“ALS”), and the respective affiliates,
      officers, directors and/or principals of each of Stratus and ALS.

    

    RECITALS:

    

    WHEREAS,
      ALS and Stratus have executed an Asset Purchase Agreement whereby ALS has
      purchased certain assets related to the ongoing clerical and light industrial
      staffing business of Stratus at its offices located in Chino, California;
      Colton, California; Los Nietos, California; Ontario, California; Santa Fe
      Springs, California; and Phoenix, Arizona branches and the Dallas Morning News
      account (the “Purchased Assets”); and

    

    WHEREAS,
      Stratus possesses substantial information and knowledge regarding the Purchased
      Assets; and

    

    WHEREAS,
      the parties desire to enter into an agreement whereby Stratus agrees not to
      compete with ALS relating to the Purchased Assets. 

    

    NOW,
      THEREFORE, for consideration, the receipt and sufficiency of which is hereby
      acknowledged, and other good and valuable consideration, the parties hereto
      agree as follows:

    

    Confidentiality
      and Trade Secrets

    

    Stratus
      acknowledges that it has had access to confidential information concerning
      the
      Purchased Assets and clients relating thereto, including their business affairs,
      special needs, preferred methods of doing business, methods of operation, key
      contact personnel and other data, all of which provides Stratus with a
      competitive edge and none of which is readily available except to Stratus and
      employees of ALS.

    

    Stratus
      further acknowledges that it has had access to the names, addresses, telephone
      numbers, qualifications, education, accomplishments, experience, availability,
      resumes and other data regarding persons who have applied or been recruited
      for
      temporary or permanent employment relating to the Purchased Assets, as well
      as
      job order specifications and the particular characteristics and requirements
      of
      persons generally hired by a client, specific job listings, mailing lists,
      computer runoffs, financial and other information, all of which provides Stratus
      with a competitive edge and none of which is readily available except to Stratus
      and employees of ALS.

    

    Stratus
      agrees that all of the foregoing information regarding the Purchased Assets
      and
      all clients and employees related thereto constitutes valuable and proprietary
      trade secrets and confidential information of ALS (hereafter “Confidential
      Information”).

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    Non-Competition
      Agreement

    

    Stratus
      agrees that it will not, during the two
      (2)
      year
      period commencing with the Effective Date of the Asset Purchase Agreement
      (“Restrictive Period”) service, solicit, compete in the geographic area of or
      deal with any customers or future customers of its offices located in Chino,
      California; Colton, California; Los Nietos, California; Ontario, California;
      Santa Fe Springs, California; and Phoenix, Arizona branches and the Dallas
      Morning News account (collectively the “Purchased Assets”). Stratus acknowledges
      that doing so in any manner would interfere with, diminish and otherwise
      jeopardize and damage the business and goodwill of the Purchased Assets.
      Notwithstanding the foregoing, Stratus retains the right to continue to service
      all of its other existing nationwide customers and accounts.

    

    Non-Disclosure
      Agreement

    

    Stratus
      agrees that except as directed by ALS, it will not at any time use for any
      reason or disclose to any person any of the Confidential Information of the
      Purchased Assets or permit any person to examine and/or make copies of any
      documents which may contain or are derived from Confidential Information,
      whether prepared by Stratus or otherwise, without the prior written permission
      of ALS.

    

    Agreement
      Not to Compete for Accounts or Personnel

    

    Except
      as
      set forth above, Stratus agrees that during the Restrictive Period it will
      not,
      directly or indirectly, contact, solicit, divert, take away or attempt to
      contact, solicit, divert or take away any staff employee, temporary personnel,
      customer, account, business or goodwill from ALS in the Purchased Assets, either
      for Stratus’ own benefit or some other person or entity, and will not aid or
      assist any other person or entity to engage in any such activities.

    

    No
      Adequate Remedy at Law

    

    Stratus
      acknowledges and agrees that any
      breach or threatened breach by of this Agreement by Stratus would cause
      immediate and irreparable injury to ALS and that money damages alone would
      not
      provide an adequate remedy
      in the
      event Stratus breaches any of the above covenants. Accordingly, Stratus agrees
      that ALS shall have the right to seek and obtain an injunction to enjoin any
      such breach by Stratus without the requirement of the posting of a bond and,
      if
      ALS shall institute any action or proceeding to enforce those covenants, Stratus
      hereby waives and agrees not to assert the claim or defense that ALS has an
      adequate remedy at law. The foregoing shall not prejudice ALS’ right to require
      Stratus to account for and pay over to ALS the amount of any damages incurred
      by
      ALS as a result of any such breach.

    

    Scope
      and Duration

    

    It
      is
      expressly understood and agreed that Stratus and ALS consider the restrictions
      contained in this Agreement to be reasonable and necessary for the purposes
      of
      preserving and protecting the goodwill, legitimate business interests, and
      proprietary trade secrets and confidential information of ALS. Nevertheless,
      if
      any of the aforesaid restrictions are found by a court having

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    jurisdiction
      to be unreasonable, or to be overbroad as to geographic area, or
      time,
      or with
      respect to a particular scope of commerce,
      or to
      be otherwise unenforceable, the parties intend for the restrictions set forth
      above to be modified by such court so as to be reasonable and enforceable and,
      as so modified by the court, to be fully enforced.

    

    Successors
      and Assigns

    

    This
      Agreement shall be binding upon and inure to the benefit of the parties hereto
      and their respective heirs, successors and assigns, except that neither party
      may assign its obligations hereunder without the prior written consent of the
      other parties hereto; provided,
      however,
      that
      the Buyer may assign Buyer's rights hereunder to a subsidiary or affiliate
      of
      Buyer, provided
      that the
      Buyer shall remain liable for its obligations hereunder. Any assignment in
      contravention of this provision shall be null and void. No assignment shall
      release the Buyer from any obligation or liability under this
      Agreement.

    

    Entire
      Agreement; Amendment

    

    This
      Agreement, all schedules and exhibits hereto, and all agreements and instruments
      to be delivered by the parties pursuant hereto represent the entire
      understanding and agreement between the parties hereto with respect to the
      subject matter hereof and supersede all prior oral and written, and all
      contemporaneous oral negotiations, commitments and understandings between such
      parties. The Buyer and the Seller, by the consent of their respective Boards
      of
      Directors, or officers authorized by such Boards, may amend or modify this
      Agreement, in such manner as may be agreed upon, by a written instrument
      executed by the Buyer and the Seller.

     

    Governing
      Law

    

    This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of California, without regard to conflicts of law principles.

     

    Section
      Headings

    

    The
      section headings are for the convenience of the parties and in no way alter,
      modify, amend, limit, or restrict the contractual obligations of the
      parties.

    

    Severability

    

    The
      invalidity or unenforceability of any provision of this Agreement shall not
      affect the validity or enforceability of any other provision of this
      Agreement.

    

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    Counterparts

    

    This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original but all of which, when taken together, shall be one and
      the
      same document.

    

    STRATUS
      SERVICES GROUP, INC.

    

    

    

    

    By:
      /s/
      Michael A. Maltzman

    Michael
      A. Maltzman

    Executive
      Vice President & CFO

    

    

    ALS,
      LLC

    

    

    

    By:
      /s/
      Michael J. O’Donnell

    Michael
      J. O’Donnell

    Managing
      Member

     

    4Exhibit 10.62

    

      EXHIBIT
        10.62

      STRATUS
        NON-COMPETE/NON-SOLICITATION AGREEMENT

      

      

      

      This
        STRATUS NON-COMPETE
        AND NON-SOLICITATION AGREEMENT
        (the
“Agreement”)
        is made
        and entered into as of this 5th
        day of
        December, 2005, by and between STRATUS
        SERVICES GROUP, INC.,
        a
        Delaware company (“Stratus”)
        and
ACCOUNTABILITIES,
        INC.,
        a
        Delaware corporation (“Accountabilities”), and the respective affiliates,
        officers, directors and/or principals of each of Stratus and
        Accountabilities.

      

      RECITALS:

      

      WHEREAS,
        Accountabilities and Stratus have executed an Asset Purchase Agreement whereby
        Accountabilities has purchased certain assets related to the ongoing clerical
        and light industrial staffing business of Stratus at its offices located
        in
        Culver City, California, Lawndale, California, and Orange, California (the
        “Purchased Assets”); and

      

      WHEREAS,
        Stratus possesses substantial information and knowledge regarding the Purchased
        Assets; and

      

      WHEREAS,
        the parties desire to enter into an agreement whereby Stratus agrees not
        to
        compete with Accountabilities relating to the Purchased Assets. 

      

      NOW,
        THEREFORE, for consideration, the receipt and sufficiency of which is hereby
        acknowledged, and other good and valuable consideration, the parties hereto
        agree as follows:

      

      Confidentiality
        and Trade Secrets

      

      Stratus
        acknowledges that it has had access to confidential information concerning
        the
        Purchased Assets and clients relating thereto, including their business affairs,
        special needs, preferred methods of doing business, methods of operation,
        key
        contact personnel and other data, all of which provides Stratus with a
        competitive edge and none of which is readily available except to Stratus
        and
        employees of Accountabilities.

      

      Stratus
        further acknowledges that it has had access to the names, addresses, telephone
        numbers, qualifications, education, accomplishments, experience, availability,
        resumes and other data regarding persons who have applied or been recruited
        for
        temporary or permanent employment relating to the Purchased Assets, as well
        as
        job order specifications and the particular characteristics and requirements
        of
        persons generally hired by a client, specific job listings, mailing lists,
        computer runoffs, financial and other information, all of which provides
        Stratus
        with a competitive edge and none of which is readily available except to
        Stratus
        and employees of Accountabilities.

      

      Stratus
        agrees that all of the foregoing information regarding the Purchased Assets
        and
        all clients and employees related thereto constitutes valuable and proprietary
        trade secrets and confidential information of Accountabilities (hereafter
        “Confidential Information”).

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

      Non-Competition
        Agreement

      

      Stratus
        agrees that it will not, during the three
        (3)
        year
        period commencing with the Effective Date of the Asset Purchase Agreement
        (“Restrictive Period”) service, solicit, compete in the geographic area of or
        deal with any customers or future customers of its offices located in
        Bellflower, California and West Covina, California (collectively the
“Accountabilities CA Branch Offices”). Stratus acknowledges that doing so in any
        manner would interfere with, diminish and otherwise jeopardize and damage
        the
        business and goodwill of the Accountabilities CA Branch Offices. Notwithstanding
        the foregoing, Stratus retains the right to continue to service all of its
        other
        existing nationwide customers and accounts.

      

      Non-Disclosure
        Agreement

      

      Stratus
        agrees that except as directed by Accountabilities, it will not at any time
        use
        for any reason or disclose to any person any of the Confidential Information
        of
        the Accountabilities CA Branch Offices or permit any person to examine and/or
        make copies of any documents which may contain or are derived from Confidential
        Information, whether prepared by Stratus or otherwise, without the prior
        written
        permission of Accountabilities.

      

      Agreement
        Not to Compete for Accounts or Personnel

      

      Except
        as
        set forth above, Stratus agrees that during the Restrictive Period it will
        not,
        directly or indirectly, contact, solicit, divert, take away or attempt to
        contact, solicit, divert or take away any staff employee, temporary personnel,
        customer, account, business or goodwill from Accountabilities in the
        Accountabilities CA Branch Offices, either for Stratus’ own benefit or some
        other person or entity, and will not aid or assist any other person or entity
        to
        engage in any such activities.

      

      No
        Adequate Remedy at Law

      

      Stratus
        acknowledges and agrees that any
        breach or threatened breach by of this Agreement by Stratus would cause
        immediate and irreparable injury to Accountabilities and that money damages
        alone would not provide an adequate remedy
        in the
        event Stratus breaches any of the above covenants. Accordingly, Stratus agrees
        that Accountabilities shall have the right to seek and obtain an injunction
        to
        enjoin any such breach by Stratus without the requirement of the posting
        of a
        bond and, if Accountabilities shall institute any action or proceeding to
        enforce those covenants, Stratus hereby waives and agrees not to assert the
        claim or defense that Accountabilities has an adequate remedy at law. The
        foregoing shall not prejudice Accountabilities’ right to require Stratus to
        account for and pay over to Accountabilities the amount of any damages incurred
        by Accountabilities as a result of any such breach.

      

      Scope
        and Duration

      

      It
        is
        expressly understood and agreed that Stratus and Accountabilities consider
        the
        restrictions contained in this Agreement to be reasonable and necessary for
        the
        purposes of preserving and protecting the goodwill, legitimate business
        interests, and proprietary trade secrets and confidential information of
        Accountabilities. Nevertheless, if any of the aforesaid
        restrictions

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      are
        found
        by a court having jurisdiction to be unreasonable, or to be overbroad as
        to
        geographic area, or time,
        or with
        respect to a particular scope of commerce,
        or to
        be otherwise unenforceable, the parties intend for the restrictions set forth
        above to be modified by such court so as to be reasonable and enforceable
        and,
        as so modified by the court, to be fully enforced.

      

      Successors
        and Assigns

      

      This
        Agreement shall be binding upon and inure to the benefit of the parties hereto
        and their respective heirs, successors and assigns, except that neither party
        may assign its obligations hereunder without the prior written consent of
        the
        other parties hereto; provided,
        however,
        that
        the Buyer may assign Buyer's rights hereunder to a subsidiary or affiliate
        of
        Buyer, provided
        that the
        Buyer shall remain liable for its obligations hereunder. Any assignment in
        contravention of this provision shall be null and void. No assignment shall
        release the Buyer from any obligation or liability under this
        Agreement.

      

      Entire
        Agreement; Amendment

      

      This
        Agreement, all schedules and exhibits hereto, and all agreements and instruments
        to be delivered by the parties pursuant hereto represent the entire
        understanding and agreement between the parties hereto with respect to the
        subject matter hereof and supersede all prior oral and written, and all
        contemporaneous oral negotiations, commitments and understandings between
        such
        parties. The Buyer and the Seller, by the consent of their respective Boards
        of
        Directors, or officers authorized by such Boards, may amend or modify this
        Agreement, in such manner as may be agreed upon, by a written instrument
        executed by the Buyer and the Seller.

       

      Governing
        Law

      

      This
        Agreement shall be governed by and construed in accordance with the laws
        of the
        State of New Jersey, without regard to conflicts of law principles.

       

      Section
        Headings

      

      The
        section headings are for the convenience of the parties and in no way alter,
        modify, amend, limit, or restrict the contractual obligations of the
        parties.

      

      Severability

      

      The
        invalidity or unenforceability of any provision of this Agreement shall not
        affect the validity or enforceability of any other provision of this
        Agreement.

      

      

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      Counterparts

      

      This
        Agreement may be executed in one or more counterparts, each of which shall
        be
        deemed an original but all of which, when taken together, shall be one and
        the
        same document.

      

      STRATUS
        SERVICES GROUP, INC.

      

      

      By: 
        /s/
        Joseph J. Raymond

      Joseph
        J.
        Raymond

      Chairman
        and CEO

      

      

      ACCOUNTABILITIES,
        INC.

      

      

      

      By:
        /s/
        Allan Hartley

      Allan
        Hartley

      President

       

      4

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