Document:

Exhibit 10.2

 

3CI EMPLOYEE RETENTION PROGRAM

 

1.             ESTABLISHMENT OF
PROGRAM.  The Company
establishes the 3CI Employee Retention Program, as set forth herein and as it
may amended from time to time (the “Program”), effective as of December 31,
2005.   Bonuses granted under this
Program shall be subject to (a) the terms and conditions of this Program
and the respective Retention Award Agreement (defined below) executed by each
employee of the Company who is granted a Bonus under the Program, as such
documents may be amended from time to time, (b) Court Approval (defined
below), and (c) distribution of the Settlement Proceeds (defined below).

 

2.             PURPOSE.  The Company is a party to a settlement
agreement pursuant to which Stericycle, Inc., a Delaware corporation and
the Company’s majority stockholder (“Stericycle”), has agreed to pay the
Settlement Proceeds to settle the Louisiana Suit (defined below).  Subject to Court Approval, the Settlement
Proceeds are to be distributed on the Effective Time of Settlement (defined
below).  Prior to the Effective Time of
Settlement, the Company will continue its business operations.  The purpose of this Program is to assist the
Company in maintaining those operations by providing incentive to the Company’s
employees to remain employed and to continue working for the Company through
the Effective Time of Settlement.

 

3.             DEFINITIONS.  As used herein, unless the context requires
otherwise, the following terms shall have the meanings indicated below:

 

(a)           “Board”
means the Board of Directors of the Company.

 

(b)           “Bonus”
means the right granted to an Employee under the Program and his respective
Retention Award Agreement to receive a cash bonus in the amount and under the
terms, conditions and limitations that the Special Committee establishes.

 

(c)           “Cause”
means (a) Employee’s gross negligence in the performance of his duties as
an employee of the Company, or the intentional nonperformance or intentional
mis-performance of such duties; (b) Employee’s failure to abide by or
comply with the Company’s written policies and procedures as of December 31,
2005; (c) Employee’s dishonesty, fraud or willful misconduct with respect
to the business or affairs of the Company; (d) Employee’s conviction of a
felony or other crime involving moral turpitude; or (e) Employee’s abuse
of alcohol or drugs (legal or illegal) that, in the Special Committee’s sole
judgment, impairs the Employee’s ability to perform his duties as an employee
of the Company.

 

(d)           “Code”
means the Internal Revenue Code of 1986, as amended, and any successor
statute.  Reference in the Program to any
section of the Code shall be deemed to include any amendments or successor
provisions to such section and any Treasury regulations promulgated under
such section.

 

 

(e)           “Committee”
means the Special Committee of the Board, the members of which are Stephen B.
Koenigsberg and Kevin J. McManus.

 

(f)            “Company”
means 3CI Complete Compliance Corporation, dba American 3CI, a Delaware
corporation.

 

(g)           “Court”
means the First Judicial District Court, Caddo Parish, Louisiana, Honorable
Judge Roy L. Brun presiding.

 

(h)           “Court
Approval” means when the order and judgment of the Court in the Louisiana
Suit, including, but not limited to, approval of the payment of the Bonuses
granted pursuant to this Program, become final and no longer subject to review
by appeal.

 

(i)            “Director”
means a member of the Board.

 

(j)            “Disability”
means the “disability” of a person as defined in a then effective long-term
disability plan maintained by the Company that covers such person, or if such a
plan does not exist at any relevant time, “Disability” means the permanent and
total disability of a person within the meaning of Section 22(e)(3) of
the Code.  Section 22(e)(3) of
the Code provides that an individual is totally and permanently disabled if he
is unable to engage in any substantial gainful activity by reason of any
medically determinable physical or mental impairment that can be expected to
result in death or that has lasted or can be expected to last for a continuous
period of not less than twelve (12) months.

 

(k)           “Effective
Time of Settlement” means 9 a.m. central time on the later of (a) the
day following the date on which the Final Order and Judgment is no longer
subject to review by appeal, or (b) the day following the date on which
any appeal from the Final Order and Judgment is finally resolved, either
because a petition for certiorari is denied or by reason of affirmance by a
court of last resort or by lapse of time following affirmance or dismissal of the
appeal by an intermediate appellate court or otherwise, provided that the Final
Order and Judgment is not reversed or materially modified by the Court or any
reviewing court.

 

(l)            “Employee”
means any person, including an officer but not a Director, who is employed by
the Company.

 

(m)          “Final
Order and Judgment” means the final order and judgment of the Court
dismissing the Louisiana Suit with prejudice and without further costs,
including, but not limited to, claims for interest, penalties, costs and attorneys’
fees, that the plaintiffs or defendants have alleged or may have alleged in
connection with the Louisiana Suit or that are covered by the releases executed
in conjunction with the dismissal of the Louisiana Suit.

 

(n)           “Louisiana
Suit” means cause no. 467704-A, Robb et al. v. Stericycle, Inc.
et al., in the Court.

 

(o)           “Retention
Award Agreement” means the written agreement evidencing the award of a
Bonus pursuant to this Program executed by the Company and an Employee,
including any amendments thereto.

 

American 3CI

Employee Retention Program

 

2

 

(p)           “Section”
means a section of this Program unless otherwise stated or the context
otherwise requires.

 

(q)           “Settlement
Agreement” means that certain settlement agreement, dated as of November 11,
2005, as it may be amended or modified from time to time, pursuant to which the
parties to the Louisiana Suit have agreed to settle all claims in the Louisiana
Suit.

 

(r)            “Settlement
Proceeds” means the $32,500,000 in cash that Stericycle has paid to settle
the allegations against it and its affiliates in the Louisiana Suit.

 

4.             BONUSES UNDER THE
PROGRAM. Subject to Court Approval, the maximum aggregate amount
of the Settlement Proceeds with respect to which Bonuses may be granted under
this Program shall be $1,000,000 in cash (the “Bonus Pool”).  Any amount of the Bonus Pool granted pursuant
to this Program or a Retention Award Agreement that is forfeited or canceled
shall be deemed not to have been granted for purposes of determining the
maximum aggregate amount that may be paid under the Program and shall again be
available for Bonus grants under the Program. 
Notwithstanding any provision of this Program or any Retention Award
Agreement to the contrary, no Bonus or any other amount shall be paid to any
Employee under the Program or any Retention Award Agreement unless and until
the Effective Time of Settlement and distribution of the Settlement Proceeds.

 

5.             ELIGIBILITY.  Bonuses may only be granted to Employees of
the Company. The Special Committee in its sole discretion shall select the
recipients of Bonuses.  An Employee may
be granted more than one Bonus under the Program, and Bonuses may be granted at
any time or times during the term of the Program.  The grant of a Bonus to an Employee shall not
be deemed either to entitle that individual to, or to disqualify that
individual from, participation in any other grant of Bonuses under the Program
or any other employee benefit given by the Company.

 

6.             TERMS AND CONDITIONS
OF BONUSES.  The Special
Committee shall determine from time to time and in its sole discretion the
provisions, terms and conditions of each Bonus, including, but not limited to,
the amount of each Bonus, employment requirements, termination of employment
provisions, and all other terms and conditions, subject to the following:

 

(a)           Form of
Retention Award Agreement.  Each
Bonus granted under this Program shall be evidenced by a written Retention
Award Agreement in such form (which need not be the same for each Employee) as
the Special Committee approves, but which is consistent with this Program.

 

(b)           Date
of Bonus.  The initial date of grant
of all Bonuses under this Program will be as of December 31, 2005.  Thereafter, the date of any grant of a Bonus
under this Program will be the date on which the Special Committee makes the
determination to grant such Bonus, unless otherwise specified by the Special
Committee.  A Retention Award Agreement
evidencing the Bonus will be delivered to the Employee for his execution within
a reasonable time after the date of grant of a Bonus.

 

3

 

(c)           Payment.  All Bonuses granted under the Program are
part of the Settlement Proceeds to be obtained by the Company pursuant to the
Settlement Agreement.  No Bonuses will be paid unless the Settlement Agreement obtains Court
Approval and until the Effective Time of Settlement and distribution of the
Settlement Proceeds.

 

(d)           Employment.   Nothing in this Program, any Retention Award
Agreement or any Bonus alters the employment at-will relationship between the
Company and its Employees. The Company shall have the right at any time to
terminate the employment of any Employee. 
Notwithstanding this right of termination, however, if an Employee’s
employment with the Company prior to the Effective Time of Settlement is
terminated (a) by the Company, for any reason other than for “Cause,”
including death or Disability, or (b) by an Employee, because the Company
has changed any of the material terms of an Employee’s employment (e.g. job
duties, existing remuneration and benefits, place of work) and such change has
made an Employee’s job substantially more onerous for such Employee, then, such
Employee shall be entitled to, and the Company shall pay, such Employee his
Bonus at the time and on the terms otherwise specified in the Employee’s
Retention Award Agreement.  Subject to
the provisions of a particular Retention Award Agreement, on termination of an
Employee’s employment with the Company, any Bonus awarded to such Employee
shall be forfeited by the Employee.  Upon
any forfeiture, all rights of the Employee with respect to his Bonus and his
Retention Award Agreement shall cease and terminate without any further
obligation on the part of the Company.  
The Special Committee will have discretion to determine whether the
employment of any Employee has terminated and the date on which such employment
terminates or has terminated and whether the Employee’s employment terminated
as a result of the Disability or death of the Employee.

 

(e)           Non-Assignability.  No Employee may assign, pledge or otherwise
dispose of any of his rights, obligations or interests in a Bonus or a
Retention Award Agreement, otherwise than by will or by the laws of descent and
distribution.

 

(f)            Withholding
Taxes.  The Special Committee may
establish such rules and procedures as it considers desirable in order to
satisfy any obligation of the Company to withhold the statutory prescribed
minimum amount of federal or state income taxes or other taxes with respect to
any Bonus.   Prior to payment of any
Bonus, the Company will withhold, or cause to be withheld, from any Bonus all
income, employment and other taxes and benefits as the Company deems necessary
to satisfy the Employee’s obligations pursuant to any and all laws or
government regulations or rulings, or if applicable, employee benefit plans.

 

(g)           No
Offset.   The Company does not have,
and will not attempt to exercise, any right of offset, recoupment, counterclaim
or similar right to reduce or excuse payment of any Bonus for any claim or
payment, except with regard to the obligations set forth in Section 6(f) above.

 

(h)           Modification,
Extension And Renewal.  The Special Committee shall have the power to modify,
cancel, extend or renew any and all Retention Award Agreements and to authorize
the grant of new Bonuses and the entry of new Retention Award Agreements in
substitution therefor, provided that any such action may not, without the
written consent of the effected Employee, impair any rights under any Bonus and
Retention Award Agreement previously granted to such Employee.

 

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7.             INTERPRETATION.  Subject to Court Approval, the Special
Committee shall have full and sole power and authority to interpret, construe
and administer the Program and all Retention Award Agreements and shall
prescribe such rules and regulations in connection with the operation of
the Program as it determines to be advisable for the administration of the
Program.  The Special Committee’s
interpretations and construction of the Program, all Retention Award Agreements
and all Bonuses, and all actions hereunder and thereunder, including, but not
limited to the amount of and the recipient of any Bonus, shall be binding and
conclusive on the Company and on all other persons and entities for all
purposes.  None of the individual members
of the Special Committee, the Special Committee, the Company or any officer or director
of the Company, shall be liable to any person or entity, including any Employee
and his representatives, heirs or agents, for any action taken or omitted to be
taken, in connection with the interpretation and administration of this
Agreement unless attributable to his or its lack of good faith.

 

8.             EFFECT OF PROGRAM.  Neither the adoption of this Program nor any
action of the Special Committee shall be deemed to give any Employee any right to be granted a Bonus or any
other rights except as may be evidenced by the Retention Award Agreement, or
any amendment thereto, duly authorized by the Special Committee and executed on behalf of the Company, and
then only to the extent and on the terms and conditions expressly set forth
therein.  The existence of the Program,
the Retention Award Agreements, and the Bonuses granted thereunder shall not
affect in any way the right of the Special Committee to make, authorize or
approve any change, amendment or modification in the Settlement Agreement or
any other corporate act or proceeding by or for the Company that the Special
Committee is authorized or empowered to take on behalf of the Company.

 

(a)           NO EFFECT ON RETIREMENT AND OTHER BENEFIT PROGRAMS.  This Program is not a “retirement plan” or “welfare
plan” under the Employee Retirement Income Security Act of 1974, as
amended.  For purposes of any retirement
or employee benefit plans of the Company, including its 401K plan, any payments
made pursuant to this Program or any Retention Award Agreement shall be subject
to the terms and conditions, including the method of computing compensation or
contributions, of any retirement or employee benefit plan of the Company as
they exist at the Effective Time of Settlement.

 

9.             AMENDMENT OR
TERMINATION OF PROGRAM. 
The Special Committee in its sole discretion may, at any time and from
time to time after the date of adoption of this Program, terminate or amend the
Program in any respect, including amendment of any form of Retention Award
Agreement to be executed pursuant to this Program.  No Bonus may be granted after the Effective
Date of Settlement.  Any amendment or
termination of the Program shall not affect Bonuses previously granted and the
respective Retention Award Agreement, and such Bonuses and Agreements shall
remain in full force and effect as if the Program had not been amended or
terminated, unless agreed otherwise in a writing signed by the effected
Employee or his representative.

 

10.           EFFECTIVE DATE AND
TERM OF PROGRAM.  The
Program as set forth herein is effective as of December 31, 2005, and
shall continue in force and effect until both of the following events have
occurred: (a) the Effective Time of Settlement, and (b) the
distribution

 

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of
the Bonuses to Company employees pursuant to the terms of this Program and the
Retention Award Agreements entered into by the Company under this Program.

 

11.           GOVERNING LAW.  The Program shall be construed and
interpreted in accordance with the laws of the State of Texas (without regard
to any conflicts of law principles that would require the application of the
laws of any other jurisdiction). 
Litigation concerning any dispute over the interpretation or enforcement
of this Program will be filed and resolved in a federal or state court in
Tarrant County, Texas.

 

12.           INTERPRETIVE MATTERS.  Whenever required by the context, pronouns
and any variation thereof shall be deemed to refer to the masculine, feminine,
or neuter, and the singular shall include the plural, and visa versa.  The term “include” or “including” does not
denote or imply any limitation.  The
captions and headings used in the Program are inserted for convenience and
shall not be deemed a part of the Program for construction or interpretation.

 

6Exhibit 10.3

 

The Bonus
contemplated in this Agreement will not be paid unless the Settlement

Agreement in the Louisiana Suit has received final, non-appealable approval by
the Court

and the settlement proceeds thereunder are distributed pursuant to its terms.

 

RETENTION
AWARD AGREEMENT

 

This Retention
Award Agreement (this “Agreement”), dated as of December 31, 2005,
is by and between 3CI Complete Compliance Corporation, d/b/a American 3CI (“Employer”),
and            
(“Employee”).

 

W  I  T  N  E  S
S  E  T  H:

 

WHEREAS,
Employer is a party to a Settlement Agreement, dated as of November 11,
2005, as it may be modified from time to time (the “Settlement Agreement”),
pursuant to which the parties have agreed to settle all claims in cause no.
467704-A, Robb et al. v. Stericycle, Inc. et al.,
in the First Judicial District Court, Caddo Parish, Louisiana (the “Court”);

 

WHEREAS, the
distribution of settlement proceeds agreed to in the Settlement Agreement will
occur when the Final Order and Judgment, as defined in the Settlement
Agreement, entered in the Louisiana Suit becomes final and no longer subject to
review by appeal (the “Effective Time of Settlement” as further defined
in the Settlement Agreement);

 

WHEREAS,
Employer believes it will obtain a material benefit if Employee remains an
employee of Employer until the Effective Time of Settlement;

 

WHEREAS,
Employer has created an Employee Retention Program, of which this Agreement is
a part, in an effort to retain its employees and provide an incentive to its
employees to continue working for Employer until the Effective Time of
Settlement;

 

NOW,
THEREFORE, in consideration of the foregoing, the covenants and agreements set
forth herein, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Employer and Employee agree as
follows:

 

1.                                       Stay
Bonus.  If Employee remains in
continuous and active employment with Employer from the date of this Agreement
to the Effective Time of Settlement, Employee shall be entitled to, and Employer
shall pay to Employee, his representative or his estate, a cash bonus in the
amount of $          
(the “Bonus”) under the terms of the 3CI Employee Retention
Program.  Subject to Employer’s
obligations under applicable tax laws, the Bonus will be paid in a single
lump-sum cash payment either contemporaneously with, or as soon as
administratively practicable following, the Effective Time of Settlement.  Notwithstanding any provision in this
Agreement to the contrary, no Bonus or any other amount shall be paid to
Employee under this Agreement unless and until the Effective Time of
Settlement.

 

 

2.                                       No
Right to Continue Employment. 
Nothing in this Agreement alters the employment at-will relationship
between Employee and Employer.  Employer
shall have the right at any time to terminate, with or without Cause, as
defined below, the employment of Employee. 
Notwithstanding this right of termination, however, if Employee’s
employment with Employer prior to the Effective Time of Settlement is
terminated (a) by Employer, for any reason other than for “Cause,”
including death or disability, or (b) by Employee, because Employer has
changed any of the material terms of Employee’s employment (e.g. job duties,
existing remuneration and benefits, place of work) and such change has made
Employee’s job substantially more onerous for Employee, then, Employee shall be
entitled to, and Employer shall pay, the Bonus at the time and on the terms
otherwise specified in this Agreement. 
As used in this Agreement, “Cause” shall mean (i) Employee’s gross
negligence in the performance of his duties as an employee of the Company, or
the intentional nonperformance or intentional mis-performance of such duties; (ii) Employee’s
failure to abide by or comply with the Company’s written policies and
procedures as of the date of this Agreement; (iii) Employee’s dishonesty,
fraud or willful misconduct with respect to the business or affairs of the
Company; (iv) Employee’s conviction of a felony or other crime involving
moral turpitude; or (v) Employee’s abuse of alcohol or drugs (legal or
illegal) that, in the Special Committee’s sole judgment, impairs the Employee’s
ability to perform his or her duties as an employee of the Company.  Employer represents to Employee that as of
the date of this Agreement Employer is not aware of any basis for Employer to
terminate Employee’s employment for Cause.

 

3.                                       Releases.

 

a.                                       General
Release by Employee.  Effective at
the Effective Time of Settlement, Employee, for himself/herself and on behalf
of his/her attorneys, heirs, assigns, executors, representatives and
administrators, hereby IRREVOCABLY AND UNCONDITIONALLY RELEASES AND FOREVER
DISCHARGES Employer and each of
its current and former parent, subsidiary, affiliated, and related
corporations, firms, associations, partnerships, and entities (and their
respective successors and assigns), and the current and former owners,
partners, shareholders, directors, officers, employees, agents, attorneys,
representatives and insurers of said corporations, firms, associations,
partnerships, and entities (hereinafter collectively referred to as the “Releasees”)
from all claims, complaints, grievances, liabilities, obligations, promises,
agreements, damages, causes of action, rights, debts, wages, commissions, demands,
controversies, costs, losses, and expenses (including attorneys’ fees and
expenses) whatsoever (the “ Employee Claims”) under any municipal, local,
state, or federal law, common or statutory, whether arising in contract or
tort, for any actions or omissions whatsoever, whether known or unknown, that
exist or may exist prior to, or contemporaneously with, the Effective Time of
Settlement.  Notwithstanding anything
contained in this Agreement to the contrary, Employee does not release pursuant
to this Agreement any Employee Claims under or against (i) Employer
regarding or under Employer’s 401K plan, Employer’s dental, health, employee
benefit and welfare plans or policies, this Agreement, hourly or salaried
compensation, bonuses, overtime, vacation or sick pay, and indemnity; and (ii) Stericycle, Inc.
and Waste Systems, Inc. and their respective subsidiaries and affiliates
(excluding Employer), successors, assigns, directors, officers, agents,
attorneys, representatives and insurers, and Jack W. Schuler, Mark C. Miller,
Frank J. M. ten Brink, and Anthony J. Tomasello, and their respective
affiliates (excluding Employer), heirs, assigns, representatives, agents,
attorneys and insurers.

 

2

 

b.                                      General Release
by Employer.  Effective at the
Effective Time of Settlement, Employer hereby irrevocably and unconditionally
releases and forever discharges Employee from all claims, grievances,
liabilities, obligations, promises, agreements, damages, causes of action, rights,
debts, demands, controversies, costs, losses, and expenses (including attorneys’
fees and expenses) whatsoever (the “Employer Claims”) under any municipal,
local, state, or federal law, common or statutory, whether arising in contract
or tort, for any actions or admissions whatsoever, whether known or unknown,
that existed or may have existed prior to, or contemporaneously with, the
Effective Time of Settlement. 
Notwithstanding anything contained to the contrary in this Agreement,
Employer does not release pursuant to this Agreement any Employer Claims
against Employee, his or her heirs, assigns, representatives, agents, attorneys
and insurers, for any acts or omissions of Employee constituting “Cause” as
defined in this Agreement.

 

4.                                       Effect
on Retirement and Other Benefit Plans. 
For purposes of any employee benefit plans of Employer, including its
401K plan, any payments made pursuant to this Agreement shall be subject to the
terms and conditions, including the method of computing compensation or contributions,
of such plan as they exist at the Effective Time of Settlement.  Neither this Agreement nor any payments made
pursuant to this Agreement are intended to constitute a “Retirement Plan” or “Welfare
Plan” under the Employee Retirement Income Security Act of 1974, as amended.

 

5.                                       Non-Assignability.  Employee may not assign, pledge or otherwise
dispose of any of her or his rights, obligations, or interests under this
Agreement.  If Employee attempts to
assign, pledge or otherwise dispose of any right Employee may have under this
Agreement, or if any levy, attachment, execution, or similar process upon the
right or interest conferred by this Agreement occurs, Employer may immediately
terminate this Agreement and Employee’s right to receive any payments pursuant
to this Agreement, and this Agreement and all of Employee’s rights pursuant to
this Agreement shall thereupon become null and void.

 

6.                                       Payment
from the Settlement Proceeds. The Bonus is part of the Settlement Proceeds
to be obtained by Employer pursuant to the Settlement Agreement.  The Bonus
contemplated to be paid hereunder will not be paid unless the Settlement
Agreement is finally approved by the Court and until the Effective Time of
Settlement.

 

7.                                       Interpretation.  The Special Committee of Employer shall have
full and sole power and authority to interpret, construe, and administer this
Agreement.  The Special Committee’s
interpretations and construction hereof, and actions hereunder, including the
amount or recipient of any Bonus, shall be binding and conclusive on all
persons and entities for all purposes. 
None of the individual members of the Special Committee, the Special
Committee, Employer or any officer or director of Employer shall be liable to
any person or entity, including Employee and her or his representative or
agent, for any action taken, or omitted to be taken, in connection with the
interpretation and administration of this Agreement unless attributable to his,
her or its a lack of good faith.

 

8.                                       Tax
Withholding.  Employer shall withhold
from any Bonus payment all income, employment, and other taxes and benefits as
Employer deems necessary to satisfy the Employee’s obligations pursuant to any
law or government regulation or ruling or employee

 

3

 

benefit plan. 
The aggregate amount required to be withheld from any Bonus paid
pursuant to this Agreement shall be deducted from such Bonus payment.

 

9.                                       Governing
Law.  This
Agreement shall be governed by the laws of the State of Texas (without regard to any conflicts of law
principles that would require the application of the laws of any other
jurisdiction).  Litigation concerning any
dispute over the interpretation or enforcement of this Agreement will be filed
and resolved in a federal or state court in Tarrant County, Texas.

 

10.                                 Attorney
Fees.   If a dispute arises over the
interpretation or enforcement of this Agreement, the prevailing party in any
litigation shall be entitled to the recovery of his, her or its attorney fees
from the non-prevailing party.

 

11.                                 Definitions.   Any capitalized term in this Agreement that
is not otherwise defined herein shall have the meaning given it in the
Settlement Agreement.

 

12.                                 No
Reduction.   Employer does not have,
and will not attempt to exercise, any right of offset, recoupment, counterclaim
or similar right to reduce or excuse payment of the Bonus.

 

13.                                 Scope
and Modification of Agreement.  This Agreement constitutes the entire
agreement regarding a retention bonus or the Bonus between Employer and
Employee and supersedes all prior and contemporaneous oral or written
agreements or understandings of Employer and Employee regarding the subject
matter hereof.  Except as otherwise
specifically provided herein, this Agreement may not be modified except by
written agreement signed by a member of the Special Committee on behalf of
Employer and by Employee.

 

14.                                 Notice.   All notices, demands, requests or other
communications that may be or are required to be given, served or sent under
this Agreement will be in writing and will be mailed by first-class, certified
mail, return receipt requested, postage pre-paid, or transmitted by hand
delivery, or fax with confirmation of receipt obtained, or over-night courier
with delivery receipt obtained, as follows:

 

	
   

  	
  (a)

  	
  If to Employer:

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  3CI Complete Compliance
  Corporation

  
	
   

  	
   

  	
  1517 W. North Carrier Parkway, Suite 104

  
	
   

  	
   

  	
  Grand Prairie, Texas 75050

  
	
   

  	
   

  	
  Attention: President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (b)

  	
  If to Employee:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  

 

Employer
and Employee may each designate by notice in writing a new address to which any
notice, demand, request or communication may thereafter be given.  Each notice, demand, request or communication
that is mailed, delivered or transmitted in the manner described above

 

4

 

shall
be deemed given and received for all purposes at such time as it is actually
delivered to or received by the addressee or at such time as delivery is
refused by the addressee upon presentation.

 

15.                                 Binding
Effect.   This Agreement shall be
binding upon and inure to the benefit of and be enforceable by the parties
hereto and their respective successors and assigns, and their spouses, heirs
and personal and legal representatives.

 

16.                                 Counterparts.  This Agreement may be executed in two or more
counterparts, each of which will be deemed an original and all of which
together will constitute one and the same agreement.

 

[Remainder of page left intentionally blank.]

 

5

 

IN WITNESS
WHEREOF, the parties hereto have duly executed this Agreement as of the date
first above written.

 

	
   

  	
  3CI COMPLETE COMPLIANCE CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
						

 

I accept the Bonus award eligibility made
hereby and agree to be bound by the terms of this Agreement.  I represent and acknowledge that this
Agreement contains the entire understanding between Employer and me concerning
the Bonus.  There are no representations,
agreements, arrangements, or understandings, oral or written, between Employer
and me concerning the subject matter of this Agreement that are not fully
expressed herein.

 

	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Name (print):

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Address:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Date:

  	
   

  	
   

  
						

 

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]