Document:

EXHIBIT 10.3

                               GASCO ENERGY, INC.
                              EMPLOYMENT AGREEMENT

         THIS  AGREEMENT is made as of this 14th day of February 2003 by W. King
Grant, III at 225 Silver Spring Road, Fairfield,  CT 06824,  ("Executive"),  and
GASCO ENERGY,  INC., a Nevada  corporation,  with offices at 14 Inverness  Drive
East, Suite H236,  Denver,  Colorado 80112 (the  "Company"),  for the purpose of
setting forth the terms and conditions of Executive's  employment by the Company
and to protect the Company's knowledge,  expertise,  customer  relationships and
the  confidential  information  the Company  has  developed  regarding  clients,
customers,   shareholders,   option  holders,   employees,   products,  business
operations and services. As of the Effective Date, this Agreement supersedes any
prior understandings or agreements, including the Agreement dated June 22, 2001,
between  Executive  and the  Company  or any of the  Company's  subsidiaries  or
affiliates.

                                    RECITALS:

         WHEREAS,  the Board desires to provide for the continued  employment of
Executive and to make certain  changes in  Executive's  employment  arrangements
with the Company which the Board has determined will reinforce and encourage the
continued  attention  and  dedication to the Company of Executive as a member of
the  Company's  management,  in  the  best  interest  of  the  Company  and  its
shareholders.  Executive  is willing to commit  himself to continue to serve the
Company,  on the terms and conditions  herein provided,  although this Agreement
may be amended at any time by written agreement among the parties; and

         WHEREAS,  in order to effect the  foregoing,  the Company and Executive
wish to enter into an employment agreement on the terms and conditions set forth
below,

         NOW  THEREFORE,  in  consideration  of the premises and the  respective
covenants and  agreements of the parties herein  contained,  and intending to be
legally bound hereby, the parties hereto agree as follows:

1.       TIME AND EFFORTS

         1.1  Executive  shall be  employed  as the  Company's  Chief  Financial
Officer and Executive Vice  President and shall devote his full-time  attention,
except  as  allowed  in  subsections  1.3  and  1.6  below,  to the  duties  and
responsibilities  of Chief  Financial  Officer and Executive  Vice  President in

                                       1
<PAGE>

furtherance  of the Company's  business.  Subject to  consultation  with and the
direction of the Board of Directors,  Executive  shall have full  responsibility
for,  and specific  authority  as  described  in the bylaws of the  Corporation,
Article V, Section 11.0 (Attached-Exhibit A).

         1.2 In the  performance  of  all  of  his  responsibilities  hereunder,
Executive  shall  be  subject  to all  of the  Company's  policies,  rules,  and
regulations applicable to its officers and employees generally.  Executive shall
report to the President and Chief Executive Officer.

         1.3 Without the prior express  authorization of the Board,  which shall
not  unreasonably  be withheld,  Executive  shall not,  directly or  indirectly,
during the Term of this  Agreement  engage in any activity  competitive  with or
adverse to the Company's  business,  whether alone,  as a partner or independent
contractor,  or as an officer,  director,  or employee of any other corporation.
This  Agreement  shall not be  interpreted  to  prohibit  Executive  from making
passive personal  investments,  conducting private business affairs, or engaging
in educational or charitable  activities,  if those activities do not materially
interfere with the services required hereunder.  Subject to the reasonable prior
approval  of the  Board,  Executive  may  act as a  director  of any  profit  or
non-profit  corporation  or  other  business  entity,  if such  activity  is not
inconsistent with the business of the Company.  Executive's oil and gas holdings
are detailed in Exhibit B of this agreement.

         1.4 In order to  induce  the  Company  to enter  into  this  Agreement,
Executive  represents  and warrants to the Company  that (i)  Executive is not a
party or subject  to any  employment  agreement  or  arrangement  with any other
person,  firm,  company,  corporation  or  other  business  entity  which  is in
competition  with the Company;  and (ii)  Executive is subject to no  restraint,
limitation  or  restriction  by virtue of any  agreement or  arrangement,  or by
virtue of any law or rule of law or  otherwise  which would  impair  Executive's
right or  ability to enter the  employ of the  Company  or to perform  fully his
duties and obligations pursuant to this Agreement.

         1.5 Without first obtaining the written permission of the Board in each
instance,  Executive  will not  authorize  or permit  the  Company to engage the
services,  of, or engage in any business activity with, or provide any financial
or other  benefit to, any  affiliate  of  Executive.  The phrase  "affiliate  of
Executive" as used in this Agreement shall mean and include  Executive's  family
by blood or marriage (including, without limitation,  parents, spouse, siblings,
children and in-laws),  and any business or business entity which is directly or
indirectly owned or controlled by Executive or any member of Executive's  family
or in which  Executive  or any  member of  Executive's  family has any direct or
indirect financial interest whatsoever.

                                       2
<PAGE>

         1.6      Executive may procure outside consulting clients in accordance
with subsection 1.3 above.

         1.7 Location. Executive shall not be required to make his office in the
Company's offices in Englewood,  Colorado or elsewhere,  or to be present in the
Company's  offices  for more  than  five  calendar  days per  month  during  any
consecutive three-month period.

2.       TERM

         The initial Term of this  Agreement is from  1/2/2003  (the  "Effective
Date") until 1/31/2006;  however on each anniversary of the Effective Date after
12/31/2005,  this Agreement  shall be  automatically  extended for an additional
one-year Term from such anniversary  date unless the Company notifies  Executive
in writing  90 days  prior to the  anniversary  of the  Effective  Date that the
Company  will not be renewing  this  Agreement  on the next  anniversary  of the
Effective  Date, or unless sooner  terminated  pursuant to Section 4. References
hereinafter to the "Term" of this Agreement shall refer to both the initial term
and any extended term of Executive's employment hereunder.

3.       COMPANY'S AUTHORITY

         Executive  agrees to observe and comply with the  reasonable  rules and
regulations  of Company as adopted by the Board of  Directors  of the Company or
committee of the Board of Directors respecting performance of Executive's duties
and to carry out and perform orders, directions, and policies of Company as they
may be, from time-to-time, stated to Executive either verbally or in writing.

4.       TERMINATION

         This  Agreement  shall be  terminated  upon the happening of any of the
following events:

         4.1      Upon the death of Executive.

         4.2      Whenever the Company and Executive shall mutually agree to
termination.

         4.3 At the option of the Company, upon written notice by the Company to
Executive,  for Cause. "Cause" shall exist for such termination if Executive (i)
pleads or is found guilty of a felony  involving an act of  dishonesty  or moral

                                       3
<PAGE>

turpitude  by a court  of  competent  jurisdiction;  (ii) has  engaged  in gross
misconduct,  materially and demonstratively  injurious to the company; (iii) has
made any material misrepresentation or omission to the Company under Section 1.5
hereof;  (iv) has  committed  an  unexcused  material  breach of his duty in the
course of Executive's employment; (v) has been guilty of habitual neglect of his
duties;  (vi) has  usurped a  corporate  opportunity,  is  guilty of  fraudulent
embezzlement of property or funds of the Company,  or committed any act of fraud
or  intentional   misrepresentation,   moral  turpitude,   dishonesty  or  other
misconduct  that would  constitute a felony;  or (vii) has committed a material,
unexcused breach of this Agreement.  Prior to any termination for Cause, Company
shall give Executive written notice.

         4.4  The  Company  may  terminate  Executive's  employment  under  this
Agreement  at any time  without  Cause,  on at least  ninety (90)  working  days
written  notice,  subject to provisions for payment of compensation as specified
under  Section  5.5 of this  Agreement.  Should the  Company  (i)  significantly
diminish  Executive's  responsibilities  without  Cause,  (ii) fail to  maintain
appropriate  directors'  and  officers'  liability  insurance,  or (iii) require
Executive to relocate in violation  of  subsection  1.7,  this  Agreement  shall
terminate,   at  Executive's  option,  subject  to  provisions  for  payment  of
compensation as specified under Section 5.5 of this Agreement.

         4.5      At the option of Executive, upon 90 days written notice by
Executive to the Company.

         4.6 If as a result of Executive's  incapacity due to physical or mental
illness,  Executive  shall  have been  absent  from his  duties  hereunder  on a
full-time basis for the entire period of three consecutive months, and within 30
days after  written  notice of  termination  is given (which may occur before or
after  the end of such  three-month  period)  shall  not  have  returned  to the
performance  of his duties  hereunder  on a  full-time  basis,  the  Company may
terminate Executive's employment hereunder.

         4.7      Upon the expiration of the Term of this Agreement, or any
extension or renewal thereof.

         4.8      Upon a Change of Control as defined in subsection 5.5.5 below.

                                       4
<PAGE>

5.       CURRENT COMPENSATION

         5.1 Annual Salary.  For all services  rendered by Executive  under this
Agreement, the Company shall pay or cause to be paid to Executive, and Executive
shall  accept  the Annual  Salary and  Incentive  Compensation,  if any,  all in
accordance with the subject to the terms of this Agreement. For purposes of this
Agreement,  the term  "Compensation"  shall  mean the  Annual  Salary  and Bonus
Compensation,  if any.  Executive  shall  be  entitled  to  receive  as  current
compensation  an  Annual  Salary  in  an  amount  of  not  less  than  $175,000.
(Hereinafter  referred to as the  "Salary").  References  in this  Agreement  to
"annual"  or "per  annum"  or  "Annual"  and  similar  phrases  shall  mean  the
twelve-month  period  commencing  on January 1st of each year during the Term of
this Agreement unless otherwise indicated.

         5.2 Bonus  Compensation.  Executive  shall also be  entitled  to annual
incentive  compensation  ("Bonus  Compensation") equal to 0.5% of the sum of the
Company's net after-tax  earnings as reported in the Company's  audited year-end
financial statements plus interest expense,  deferred taxes, depletion expenses,
depreciation  expenses,  amortization  expenses, and exploration expenses (which
sum  is  hereinafter  referred  to as  "cash  flow").  The  parties  agree  that
exploration  expenses  would be deducted from net after-tax  earning only if the
Company has elected the  "successful-efforts"  accounting method; if the Company
has  elected the  "full-cost"  accounting  method,  exploration  expenses  would
already be deducted in the computation of the Company's net after-tax  earnings,
subject to the additional provisions forth in Sections 5.2.1 and 5.2.2 below. In
addition,  prior to January 31 of each year  during the Term of this  Agreement,
Executive  and the Company shall  mutually  agree to a  performance-based  bonus
plan.  Such  bonus  plan  shall be  based  on  mutually  agreeable  measures  of
performance.

                  5.2.1 The parties agree that Bonus  Compensation  payments are
intended to be based on cash flow from undrilled Company-owned  properties as of
June 22, 2001 and  undrilled  properties  acquired by the Company  subsequent to
June 22,  2001.  Should the Company  acquire  proven-producing  properties  with
existing  cash flows,  net income less the  hypothetical  income tax due thereon
plus  interest  expense,   deferred  taxes,  depletion  expenses,   depreciation
expenses,  amortization  expenses,  and exploration  expenses (which exploration
expenses would only be added if the Company has elected the "successful-efforts"
accounting  method)  attributable to the acquired,  proven-producing  properties
shall be deducted from the base amount upon which the cash flow is derived.

                  5.2.2 Should the Company acquire  proven-producing  properties
with  existing  cash flows,  the parties  agree to  negotiate in good faith with
respect to the development of a schedule of the declining  production profile of

                                       5
<PAGE>

such  properties.  The parties agree that the amount derived by multiplying  the
proven-production  stream,  as set forth in the schedule,  by the  corresponding
sales price,  less  corresponding  production costs shall be subtracted from the
cash flow upon which Bonus Compensation is based.

                  5.2.3 Bonus Compensation  payments due hereunder shall be made
within 15 days after the Company has received  the signed audit report  covering
the year-end financial statements.

         5.4 Payments of Current Compensation. The payment of Executive's Annual
Salary shall be made in monthly  installments on the then prevailing  paydays of
the Company.  Any payment for Incentive  Compensation will be made in accordance
with the Executive Incentive  Compensation Plan, and payment will be made in one
lump sum  concurrently  with payments made to others in senior  management.  All
payments are subject to the customary withholding tax and other employment taxes
as required with respect to compensation paid to an employee.

         5.5      Payment of Compensation on Termination.
                  5.5.1 Upon termination of Executive's  employment prior to the
expiration of this  Agreement,  if such  termination is pursuant to Section 4.1,
4.2, 4.5, 4.6, or 4.7 hereof,  Executive shall be entitled to any Annual Salary,
Bonus  Compensation,  and  vacation  accrued  but  unpaid  through  the  date of
termination of employment,  payable on the date of termination.  Executive shall
also be  entitled to  exercise  any vested Plan  options for a period of One (1)
Year following the termination of his employment hereunder.

                  5.5.2 Upon termination of Executive's  employment prior to the
expiration of this  Agreement,  if such  termination  is pursuant to Section 4.4
hereof,  Executive shall be entitled to any Annual Salary,  Bonus  Compensation,
and vacation  accrued but unpaid  through the date of termination of employment,
payable  on the  date  of  termination.  Executive  shall  also be  entitled  to
compensation in an amount equal to the greater of (i) Executive's  Annual Salary
for one year and (ii) Executive's  Annual Salary for the period from the date of
termination  through the remaining Term of this Agreement plus cash equal to the
greater amount of $250,000 or the amount that is to be  distributed  pursuant to
paragraph  5.5.4  (a)  below as if there  were a Board of  Director  Recommended
Change of Control.  The stock price used in calculating such amount in 5.5.4 (a)
shall be the average  closing  price for the thirty (30)  trading  days prior to
termination.  Executive  shall also be  entitled  to  exercise  any vested  Plan
options for a period of one year  following the  termination  of his  employment
hereunder.  The provisions of this Section 5.5.2 shall apply throughout the Term

                                       6
<PAGE>

of this  Agreement,  including  any period of extension in  accordance  with the
provisions of Section 2 above.

                  5.5.3 If the Company fails to extend this  Agreement  pursuant
to Section 2 hereof  Company  shall pay to  Executive  cash equal to the greater
amount of $250,000 or the amount that is to be distributed pursuant to paragraph
5.5.4  (a)  below as if there  were a Board of  Director  Recommended  Change of
Control  on or  prior  to the  then  applicable  date of  expiration  in  effect
hereunder. The stock price used in calculating such amount in 5.5.4 (a) shall be
the  average   closing   price  for  the  thirty  (30)  trading  days  prior  to
termination..

                  5.5.4 In the event that this Agreement  terminates as a result
of a Change of Control (as hereafter  defined),  Executive  shall be entitled to
any Annual Salary,  Bonus Compensation,  and vacation accrued but unpaid through
the date of termination of employment,  payable on the date of termination. Upon
termination as a result of a Change of Control, Executive shall also receive the
following  additional  compensation  payable  in cash on the  date a  Change  of
Control occurs:
                  a) If the Change of Control  occurs  pursuant to a transaction
or series of transactions  that have been recommended to the shareholders of the
Company  by the  Company's  Board of  Directors  then  Executive  shall  receive
additional  compensation  based on the cash equivalent  consideration  paid to a
holder of one share of the Company's Common Stock as set forth below:

                 Value of consideration for each   Compensation to be paid to
     Level                 Common Share                     Executive
---------------- ---------------------------------------------------------------
---------------- ---------------------------------------------------------------
       I                  $1.00 - $1.49                     $250,000
      II                  $1.50 - $.199                     $500,000
      III                 $2.00 - $2.49                    $1,000,000
      IV                  $2.50 - $2.99                    $1,250,000
       V                  $3.00 - $3.49                    $1,500,000
      VI                      >$3.50                       $1,750,000

                  b) If the Change of Control  occurs  pursuant to a transaction
or series of  transactions  that have not been  recommended  by the Board of the
Directors to the  shareholders  of the Company then Executive  shall receive the
greater  of  $750,000  or cash  equal to the  amount  that is to be  distributed
pursuant  to  paragraph  5.5.4  (a) above as if there  were a Board of  Director
Recommended Change of Control immediately upon such Change of Control.

                                       7
<PAGE>

                  Executive shall be entitled to exercise all granted Plan stock
options for a period of one year  following the  termination  of his  employment
hereunder.

                  5.5.5  For  all  purposes  of this  Agreement,  a  "change  of
control"  shall mean and shall be deemed to have occurred if: (i) there shall be
consummated  (X)  any  consolidation  or  merger  of the  Company  with  another
corporation or entity and as a result of such  consolidation or merger less than
50%  of  the  outstanding  voting  securities  of  the  surviving  or  resulting
corporation or entity shall be owned,  directly or indirectly,  in the aggregate
by the stockholders of the Company,  other than  "affiliates," as defined in the
Securities  Exchange Act of 1934, as amended (the "Exchange  Act"), of any party
to such  consolidation  or merger,  as the same shall have  existed  immediately
prior to such consolidation or merger, or (Y) any sale, lease, exchange or other
transfer (or in one transaction or a series of related  transactions) of all, or
substantially  all, of the assets of the Company;  (ii) the  stockholders of the
Company  shall  have  approved  any  plan or  proposal  for the  liquidation  or
dissolution  of the  Company;  (iii) any  "person"  (as such term is used in the
Section  13(d)  and  14(d)  (2) of the  Exchange  Act)  shall  have  become  the
beneficial  owner  (within the meaning of Rule 13d-3 under the Exchange  Act) of
50% or more  of the  Company's  outstanding  common  stock,  without  the  prior
approval  of the  Board;  (iv)  during  any  period  of two  consecutive  years,
individuals who at the beginning of such period  constituted the entire Board of
Directors  shall have  ceased for any reason to  constitute  a majority  thereof
unless  the  election,   or  the   nomination  for  election  by  the  Company's
stockholders,  of each new Director was approved by vote of at least  two-thirds
of the Directors then still in office who were Directors at the beginning of the
period;  (v) a change  of  control  of a nature  that  would be  required  to be
reported in response to item 6(e) of Schedule 14A of Regulation 14A  promulgated
under the Exchange Act shall have occurred;  or (vi) any consolidation or merger
of the  Company  with  another  corporation  or  entity  and as a result of such
consolidation  or merger  Executive is not retained by the Board of Directors as
the Chief Financial Officer of the Company (a "Change of Control").

6.       DETERMINATION OF DISABILITY; PAYMENT OF DISABILITY INSURANCE PREMIUMS

         6.1 In the event Executive's disability,  as defined in Section 4.6, is
in question,  and after written request by the Company,  Executive refuses to be
examined by his  regularly  attending  physician or if the  regularly  attending
physician fails to submit a report within 30 days after the examination has been
requested by the Company,  the  determination of disability shall be made by the
Company.

                                       8
<PAGE>

         6.2 Executive shall be entitled to the disability benefits available to
all  executive  employees  of the  Company.  It is the intent of the  Company to
establish a disability insurance program as soon as practicable.

7.       MISCELLANEOUS BENEFITS

         7.1 Medical  Insurance.  Executive  and his family shall be entitled to
participate in any medical,  dental,  vision, life, long-term disability,  other
insurance or employee  benefit  program  instituted or maintained by the Company
for the benefit of its executive  employees.  It is the intent of the Company to
establish a medical and dental insurance program as soon as practicable. Company
will pay 50% of the  premiums.  Executive  is required to pay his portion of the
premiums in accordance with health insurance contract.

         7.2 401(k)  plan.  Executive  shall be entitled to  participate  in the
Company's 401(k) or other similar retirement benefit plan. The Company agrees to
implement a 401(k) or other  similar  retirement  benefit  plan as soon as it is
reasonably  feasible,  based  on the  size  of the  Company  and  its  financial
condition.

         7.3 Payment of Benefits on Termination  of  Employment.  If Executive's
employment  with the  Company is  terminated,  Executive  shall be  entitled  to
maintain his employee benefits in accordance with his maximum COBRA rights.

         7.4 Business Expenses. Executive shall be reimbursed for all reasonable
expenses  incurred by Executive in  connection  with  Executive's  attendance of
business  meetings and  promotion  of Company  business,  including  the cost of
travel to and from the Company's offices,  upon presentation by Executive to the
Company  of an  expense  report  and  adequate  records  or other  documentation
substantiating  the  expenditures,  not less frequently  than monthly.  Any such
amounts  disallowed,  as a business  expense  for  federal  or state  income tax
purposes,  shall be deemed  additional  salary to  Executive.  The fact that the
Company may not reimburse Executive for an expense is not an indication that the
Company  determined  that the  expense  was not  incurred  on its  behalf  or in
connection with the Company's  business.  In addition,  upon  presentation of an
invoice by Executive to the Company,  an accountable  expense for automobile and
office  expense  (including  Executive's  home  office) is to be paid each month
during the Term of this Agreement.

         7.5 Additional Benefits.  Executive shall be entitled to participate in
all programs,  rights and benefits for which executive is otherwise  entitled to
any bonus plan,  incentive plan,  participation plan or extra compensation plan,

                                       9
<PAGE>

pension plan,  overriding  royalty plan,  profit  sharing plan,  life,  medical,
dental,  disability or other  insurance  plan or policy or other plan or benefit
the Company may provide for senior  executives  or for  employees of the Company
generally from time to time in effect during the term of this Agreement. For the
avoidance of doubt,  the rights granted or afforded to Executive  under any such
plans  shall be not less than the most  favorable  rights  and  highest  amounts
granted to employees of similar or lower  position with the Company and on terms
at least as favorable.

8.       VACATION

         During  each  calendar  year of the Term of this  Agreement,  Executive
shall be entitled to twelve (12) weeks  vacation  comprised of five (5) weeks of
paid  vacation  and  seven  (7) weeks of  unpaid  vacation.  Executive  shall be
entitled to receive payment for accrued  vacation not taken during each calendar
year during the Term of this  Agreement or may accrue such vacation for use in a
subsequent  calendar year;  however  Executive  shall be subject to a maximum of
three (3) weeks of accrued vacation.

9.       RESTRICTIVE COVENANTS

         9.1  Confidential  Information.  Executive  acknowledges  that  in  his
employment hereunder he occupies a position of trust and confidence.  During the
Term,  and  thereafter in  accordance  with the  provisions  of this  Agreement,
Executive shall not,  except as may be required to perform his duties  hereunder
as required by applicable  law, and except for  information  which is or becomes
publicly  available  other  than as a result  of a breach  by  Executive  of the
provisions  hereof,  disclose to others or use,  whether directly or indirectly,
any Confidential Information.  "Confidential Information" shall mean information
about the  Company,  its  subsidiaries  and  affiliates,  and  their  respective
suppliers,  clients  and  customers  that is not  disclosed  by the  Company for
financial  reporting purposes and that was learned by Executive in the course of
his employment hereunder,  including (without limitation) proprietary knowledge,
trade secrets, market research, data, formulae, information and supplier, client
and customer  lists and all papers,  resumes,  and records  (including  computer
records) of the documents  containing such Confidential  Information.  Executive
agrees to deliver or return to the Company, at the Company's request at any time
or upon  termination or expiration of his  employment,  or as soon thereafter as
possible,  all  documents,  computer  tapes and  disks,  records,  lists,  data,
drawings,  prints,  notes  and  written  information  (and all  copies  thereof)
furnished by the Company or any of its  subsidiaries  affiliates  or prepared by

                                       10
<PAGE>

Executive  during the Term of his  employment  by the Company.  The  obligations
hereof shall not apply to any  information  that is or becomes  public or in the
public domain by action of the Company or through no fault of Executive.

         9.2 Business  Diversion.  During the Term and for 12 months thereafter,
Executive shall not,  directly or indirectly,  influence or attempt to influence
customers or suppliers of the Company or any of its  subsidiaries  or affiliates
to divert their business to any  competitor of the Company,  to the exclusion of
the  Company.  However,  Executive  may  contract  with the same  customers  and
suppliers  after the Term  hereof so long as it is not to the  exclusion  of the
Company's relationships with such customers and suppliers.

         9.3  Non-Solicitation.   Executive  recognizes  that  he  will  possess
confidential   information   about  other  employees  of  the  Company  and  its
subsidiaries  and affiliates  relating to, among other things,  their education,
experience,  skills,  abilities,  compensation and benefits,  and  interpersonal
relationships with suppliers and customers of the Company.  Executive recognizes
that  the  information  he will  possess  about  these  other  employees  is not
generally known, is of substantial value to the Company, and will be acquired by
him because of his business  position with the Company.  Executive  agrees that,
during  the  Term  and for 12  months  thereafter,  he  will  not,  directly  or
indirectly,  solicit or recruit any employee of the Company, its subsidiaries or
affiliates  for the purpose of being  employed by him or by any other  person on
whose  behalf he is acting as an agent,  representative  or employee and that he
will not convey any such  confidential  information or trade secrets about other
employees of the Company, including its subsidiaries or affiliates, to any other
person.  However, if Executive's employment is terminated in accordance with the
provisions  of  Section  4.4,  nothing  herein  shall  prevent   Executive  from
soliciting or recruiting,  directly or  indirectly,  any employee of the Company
recruited to the Company by Executive.

         9.4 If Executive  breaches,  or threatens to commit a breach of, any of
the provisions of Section 9 (the "Restrictive  Covenants"),  the Company and its
subsidiaries shall have the right to seek the following:

                  9.4.1 Specific  Performance.  The right and remedy to have the
Restrictive   Covenants   specifically   enforced  by  any  court  of  competent
jurisdiction,  it being  agreed  that any  breach  or  threatened  breach of the
Restrictive  Covenants  would  cause  irreparable  injury to the  Company or its
subsidiaries  and that money  damages may not provide an adequate  remedy to the
Company or its subsidiaries.

                                       11
<PAGE>

                  9.4.2 Accounting. The right and remedy to require Executive to
account for and pay over to the Company or its subsidiaries, as the case may be,
all  compensation,  profits,  monies,  accruals,  increments  or other  benefits
derived or received by Executive as a result of any  transaction  constituting a
breach of the Restrictive Covenants.

                  9.4.3   Severability  of  Restrictive   Covenants.   Executive
acknowledges and agrees that the Restrictive  Covenants are reasonable and valid
in  geographic  and  temporal  scope  and in all  other  respects.  If any court
determines at any of the Restrictive Covenants,  or any part thereof, is invalid
or unenforceable,  the remainder of the Restrictive  Covenants shall not thereby
be  affected  and shall be given  full  effect  without  regard  to the  invalid
provisions.

                  9.4.4 Blue Penciling.  If any court determines that any of the
Restrictive  Covenants,  or any part thereof,  is  unenforceable  because of the
duration or geographic scope or such provision,  such court shall have the power
to reduce the duration or scope of such  provision,  as the case may be, and, in
its reduced form, such provision shall not be enforceable.

                  9.4.5 Enforceability of Jurisdictions. The obligations in this
Section 9 shall survive the termination of Executive's  employment or expiration
of this Agreement and shall be fully enforceable  thereafter.  Executive intends
to and hereby confers jurisdiction to enforce the Restrictive Covenants upon the
courts of any  jurisdiction  within  the  geographic  scope of such  Restrictive
Covenants.  If the  courts  of any one or more of such  jurisdictions  hold  the
Restrictive  Covenants  unenforceable  by reason of the breadth of such scope or
otherwise,  it is the intention of Executive that such  determination not bar or
in any way affect the right of the  Company  or its  subsidiaries  to the relief
provided  above in the courts of any other  jurisdiction  within the  geographic
scope  of  such  Restrictive  Covenants,  as to  breaches  of  such  Restrictive
Covenants in such other respective jurisdictions,  such Restrictive Covenants as
they relate to each jurisdiction being, for this purpose, severable into diverse
and independent Restrictive Covenants.

10.      PARTICIPATION IN STOCK AND OPTION EXECUTIVE COMPENSATION PLAN

         10.1  Initial  Option  Grant.  Executive  shall be granted an option to
purchase 200,000 shares of Common Stock of the Company pursuant to the terms and
conditions contained in the Company's Stock and Option and Incentive Award Plan,
(the "Plan") at an exercise price equal to $1.00 per share. These options are in
addition to any and all previous option grants to Employee by the Company.

                                       12
<PAGE>

         10.2  Additional  Option  Grants.  Executive  shall receive  additional
grants of options,  stock  appreciation  rights,  phantom stock rights,  and any
similar option or securities or equity  compensation when and as such grants are
considered  for other  executives or employees of the Company in amount equal to
10% of the total number of options  granted to all  executives  and employees in
any calendar year during the term of this contract beginning in 2003.

         10.3 In the event of termination of Executive's  employment pursuant to
a Change of Control, Executive shall be entitled to exercise all vested options,
and any additional  options that have been granted.  In the event of termination
of Executive's  employment  pursuant to Section 4.4, any additional options that
have been granted but have not yet vested in  accordance  with their terms shall
immediately vest.

         10.4     If any conditions  contained herein contradict the Plan then
the terms of this Agreement shall supersede those of the Plan.

         10.5 In  consideration  of accrued but unpaid Salary of $30,000  earned
prior to the date hereof,  Company shall issue 50,000 shares of its Common Stock
to Executive within sixty (60) days of the Effective Date.

11.      DISPUTE RESOLUTION

         The parties agree that any dispute that may arise in  connection  with,
arising out of or relating to this Agreement, or any dispute that relates in any
way,  in whole or in part,  to  Executive's  employment  with the  Company,  the
termination of that employment, or any other dispute by and among the parties or
their  successors,   assigns  or  affiliates,  shall  be  submitted  to  binding
arbitration in Arapahoe  County,  Colorado  according to the Employment  Dispute
Resolution Rules and Procedures of the American  Arbitration  Association.  This
arbitration  obligation  extends  to any and all  claims  that may  arise by and
between the parties or their  successors,  assigns or affiliates,  and expressly
extends  to,  without  limitation,  claims  or  cause  of  action  for  wrongful
termination,  impairment of ability to compete in the open labor market,  breach
or an express or implied contract, breach of the covenant of good faith and fair
dealing,  breach  of  fiduciary  duty,  fraud,  misrepresentation,   defamation,
slander, infliction of emotional distress,  disability, loss of future earnings,
and  claims  under  the  applicable  state   constitution,   the  United  States
Constitution,   and  applicable  state  fair  employment  laws,   federal  equal
employment   opportunity   laws,  and  federal  and  state  labor  statutes  and
regulations,  including,  but not limited to, the Civil  Rights Act of 1964,  as
amended, the  Labor-Management  Relations Act, as amended, the Worker Retraining
and Notification  Act of 1988, the Americans With  Disabilities Act of 1990, the

                                       13
<PAGE>

Rehabilitation Act of 1973, as amended,  the Employee Retirement Income Security
Act of 1974, as amended,  the Age  Discrimination  in Employment Act of 1967, as
amended, and the California Fair Employment and Housing Act, as amended.

12.      ASSIGNMENT

         This Agreement is a personal  contract,  and the rights,  interests and
obligations  of  Executive  hereunder  may not be sold,  transferred,  assigned,
pledged  or  hypothecated   except  as  otherwise  expressly  permitted  by  the
provisions of this  Agreement.  Executive may, with the prior written consent of
the Company (which shall not unreasonably be withheld), assign this Agreement to
an entity  (corporation,  partnership  or  limited  liability  company)  that is
controlled by Executive.  Executive shall not under any  circumstances  have any
option or right to require payment  hereunder  otherwise than in accordance with
the terms hereof. Except as otherwise expressly provided herein, Executive shall
not have  any  power of  anticipation,  alienation  or  assignment  of  payments
contemplated  hereunder,  and all rights and benefits of Executive  shall be for
the sole personal  benefit of  Executive,  and no other person shall acquire any
right, title or interest hereunder by reason of any sale, assignment,  transfer,
claim  or  judgment  or  bankruptcy  proceedings  against  Executive;  provided,
however,  that in the event of  Executive's  death,  Executive's  estate,  legal
representatives  or  beneficiaries  (as the case may be) shall have the right to
receive  all of the  benefits  that  accrued to  Executive  pursuant  to, and in
accordance with, the terms of this Agreement.

13.      SUCCESSOR

         This Agreement may be assigned by the Company to any successor interest
to its  business.  This  Agreement  shall  bind and inure to the  benefit of the
Company's successors and assigns as well.

14.      NOTICES

         All  notices,  requests and demands  hereunder  shall be in writing and
delivered by hand, by mail, or by telegram, and shall be deemed given if by hand
delivery,  upon such  delivery,  and if by mail,  48 hours after  deposit in the
United States mail, first class,  registered or certified mail,  postage prepaid
and properly addressed to the party at the address set forth at the beginning of
this Agreement.  Any party may change its address for purposes of this paragraph
by giving the other  party  written  notice of the new address in the manner set
forth above.

                                       14
<PAGE>

15.      INVALID PROVISIONS

         Invalidity  or  unenforceability  of any  particular  provision of this
Agreement shall not affect the other provisions hereof, and this Agreement shall
be construed in all respects as if such invalid or unenforceable  provision were
omitted.

16.      AMENDMENT, MODIFICATION OR REVOCATION

         This Agreement may be amended, modified or revoked in whole or in part,
but only by a written instrument which specifically refers to this Agreement and
expressly  states that it constitutes an amendment,  modification  or revocation
hereof, as the case may be, and only if such written  instrument has been signed
by each of the parties to this Agreement.

17.      HEADINGS

         The headings in this  Agreement are inserted for  convenience  only and
are not to be considered in construction of the provisions hereof.

18.      ENTIRE AGREEMENT

         This Agreement contains the entire  understanding among the parties and
supersedes any prior written or verbal  agreements  between them  respecting the
subject  matter  hereof,  including,  without  limitation,  any prior  verbal or
written  employment  agreement  between  Executive  and the  Company.  Upon  the
effectiveness  hereof,  any  such  prior  verbal  or  written  agreements  shall
terminate.

         No  representations or warranties of any kind or nature relating to the
Company or its affiliates or their respective businesses,  assets,  liabilities,
operations,  future  plans or  prospects  have  been made by or on behalf of the
Company to Executive;  nor have any representations or warranties of any kind or
nature been made by Executive to the Company,  except as expressly  set forth in
this Agreement.

                                       15
<PAGE>

19.      ATTORNEYS' FEES

         If any legal action is necessary to enforce the terms and conditions of
this Agreement, the prevailing party in such action shall be entitled to recover
all  costs  of  suit  and  reasonable  attorneys'  fees  as  determined  by  the
arbitrator.

20.      FURTHER ASSURANCES

         The parties shall execute such  documents and take such other action as
is necessary or appropriate to effectuate the provisions of this Agreement.

21.      CONTROLLING LAW

         This Agreement shall be governed by the laws of the State of Colorado.

22.      WAIVER

         A waiver by either  party of any of the  terms  and  conditions  hereof
shall not be construed as a general  waiver by such party,  and such party shall
be free to reinstate  such part or clause,  with or without  notice to the other
party.

23.      INDEMNIFICATION

         To the fullest extent permitted by law and the Company's Certificate of
Incorporation and Bylaws, the Company shall indemnify, defend, and hold harmless
the Executive for all amounts (including, without limitation,  judgments, fines,
settlement payments,  losses, damages, costs and expenses,  including reasonable
attorneys  fees,  incurred or paid by Executive in  connection  with any action,
proceeding,  suit or investigation arising out of or relating to the performance
by  Executive  of  services  for,  or acting as, an officer or  employee  of the
Company or any subsidiary thereof. The Company agrees to use its best efforts to
maintain  directors' and officers' liability  insurance,  but the failure of the
Company to maintain such  insurance or any portion  thereof shall not negate nor
diminish Company's obligations as set forth in this paragraph.

24.      PERIODIC REVIEWS

         During  January  of each  year  during  the term  hereof,  the Board of
Directors of the Company shall review  Executive's  Annual Salary,  bonus, stock

                                       16
<PAGE>

options,  and additional  benefits then being  provided to Executive.  Following
each such review, the Company may in its discretion  increase the Annual Salary,
bonus, stock options, and benefits; however, the Company shall not decrease such
items during the period Executive serves as an employee of the Company. Prior to
November 30th of each year during the term hereof, the Board of Directors of the
Company shall communicate in writing the results of such review to Executive.

         IN WITNESS  WHEREOF,  the parties have  entered into this  Agreement on
February 14, 2003.

THE COMPANY:                                         EXECUTIVE:

GASCO ENERGY, INC.

By:   /s/ Mark A. Erickson                          /s/ W. King Grant, III
      --------------------                          ----------------------
      Mark A. Erickson, President                   W. King Grant, III

                                       17
<PAGE>

                                    Exhibit A

<PAGE>

                                    Exhibit B
                               Oil & Gas Holdings

1240 shares of common stock of Key Energy ServicesEmployment Agreement Eran Broshy

     

    EXECUTION
      COPY

     

    EMPLOYMENT
      AGREEMENT

     

    THIS
      EMPLOYMENT AGREEMENT
      (the
“Agreement”)
      is
      made this 9th day of May, 2006 (the “Effective
      Date”)
      by
      inVentiv Health, Inc., a Delaware corporation with its principal place of
      business at 200 Cottontail Lane, Somerset, New Jersey 08873 (the “Company”),
      and
      Eran Broshy, residing at 88 Central Park West, Apartment 1W, New York, NY 10023
      (the “Executive”).
      

     

    WHEREAS,
      the
      parties wish to set forth the terms and conditions upon which the Company will
      employ Executive;

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants and promises contained herein, and other
      good and valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged by the parties hereto, the parties agree as follows:

     

    ARTICLE
      I  Position;
      Title; Duties.
      Executive shall serve as Chief Executive Officer of the Company and shall
      perform services consistent with that position and as may be reasonably assigned
      to him from the Board of Directors of the Company (the “Board”). 

     

    ARTICLE
      II  Extent
      of Services. Executive
      agrees to devote his entire business time and attention to the performance
      of
      his duties under this Agreement. He shall perform his duties to the best of
      his
      ability and shall use his best efforts to further the interests of the Company.
      Executive shall perform his duties in the Company’s New York City and New Jersey
      metropolitan area offices and will be required to travel as necessary to perform
      the services required of him under this Agreement. It is understood that
      Executive will maintain his principal residence in New York City and it is
      anticipated that his principal place of business will be in the New York -
      New
      Jersey metropolitan area.

     

    ARTICLE
      III  Base
      Salary.
      The
      Company shall pay Executive an annual base salary of $560,000, subject to annual
      review by the Board (it being understood that any determination the Board is
      required or entitled to make hereunder, other than a determination pursuant
      to
      Section 1 or 9(c), may be made by the Compensation Committee of the Board),
      which may increase, but not decrease the amount thereof (the “Base Salary”). The
      Base Salary shall be payable in installments in accordance with the Company’s
      ordinary payroll practices, minus such deductions as may be required by law
      or
      reasonably requested by Executive. 

     

    ARTICLE
      IV  Bonus.
      Executive shall be eligible for a bonus in each calendar year, based on
      Executive’s success in reaching or exceeding performance objectives as
      determined by the Board (the “Bonus”). Executive’s target Bonus shall be
      determined by the Board and shall be no less than 50% of Executive’s then
      current salary. The amount of the Bonus, if any, that is actually awarded shall
      be determined at the discretion of the Board. All or any portion of the Bonus
      may be awarded pursuant to a plan satisfying the requirements of Section 162(m)
      of the Internal Revenue Code of 1986, as amended.

     

    ARTICLE
      V  Term
      of Employment.
      Executive is an employee “at will” and subject to the provisions of Sections 9
      through 11 hereof, Executive’s employment with the Company may be terminated by
      the Company or by the Executive at any time for any reason.

     

    ARTICLE
      VI  Stock
      Options and Restricted Stock.

     

    Section
      6.01  Stock
      Options.
      Executive shall be eligible to receive annual option grants for the purchase
      of
      shares of the common stock of the Company (“Options”) at the discretion of the
      Board; provided that no Option shall have an exercise price less than the fair
      market value of the common stock of the Company on the date of grant. Under
      the
      circumstances provided in Sections 9 through 11, all Options held by Executive
      shall become fully vested. 

     

    Section
      6.02  Restricted
      Stock.
      Executive shall be eligible to receive annual grants of restricted shares of
      the
      common stock of the Company at the discretion of the Board. Under the
      circumstances provided in Sections 9 through 11, all restricted shares held
      by
      Executive shall become fully vested.

     

    ARTICLE
      VII  Fringe
      Benefits.
      Section
      7.01  Benefits.
      Executive shall be entitled to all benefits generally available to senior
      executives of the Company.

     

    Section
      7.02  Vacation.
      Executive shall be entitled to five (5) weeks of vacation during each year
      of
      employment. Executive shall be entitled to sick leave and holidays in accordance
      with the policy of the Company applicable to its senior executives.

     

    Section
      7.03  Car
      Allowance.
      Executive shall be entitled to monthly car allowance $833.00, paid as taxable
      wages. The allowance will end effective with Executive’s
      termination.

     

    (d) Life
      Insurance.
      The
      Company shall maintain for the benefit of Executive during the term of his
      employment a minimum of $2.5 million in term life insurance.

     

    ARTICLE
      VIII  Reimbursement
      of Business Expenses.
      The
      Company shall reimburse Executive in accordance with Company’s policies for all
      reasonable out-of-pocket costs incurred or paid by Executive in connection
      with
      or related to, the performance of his duties, responsibilities or services
      under
      this Agreement, upon presentation by Executive of documentation, expense
      statements, vouchers, and/or such other supporting information as the Company
      may reasonably request.

     

    ARTICLE
      IX  Termination
      of Employment Prior to a Change in Control.

     

    Section
      9.01  Accrued
      Amounts.
      In the
      event of the termination of Executive’s employment for any reason, Executive
      shall be entitled to (A)
      unpaid Base Salary through the date of termination; (B) any earned but unpaid
      Bonus for the prior fiscal year of the Company; (C) any benefits due to
      Executive under any employee benefit plan of the Company and any payments due
      to
      Executive under the terms of any Company program, arrangement or agreement,
      excluding any severance program or policy and (D) any expenses owed to Executive
      ((A), (B), (C) and (D) collectively, the “Accrued Amounts”). Except as provided
      in Section 9(b), Executive shall have no further right or entitlement under
      this
      Agreement upon a termination
      of Executive’s employment within the scope of this Section 9.

     

    Section
      9.02  Termination
      Without Cause; For Good Reason.
      The
      Company may terminate Executive’s employment without Cause (other than by reason
      of Disability) and Executive may terminate his employment for Good Reason,
      in
      each case upon thirty (30) days prior written notice (which, in the case of
      a
      termination of employment by the Executive for Good Reason, shall be given
      within ninety (90) days of the event or circumstance constituting Good Reason).
      In the event that the Company terminates Executive’s employment without Cause
      (other than by reason of Disability) or Executive terminates his employment
      for
      Good Reason, in either case prior to a Change in Control, Executive shall be
      entitled to the following in lieu of any payments or benefits under any
      severance program or policy of the Company:

     

    (i) the
      Accrued Amounts; 

    

    (ii) a
      lump
      sum cash severance payment, payable, subject to Section 20, within 10 business
      days of termination, equal to two times the sum of (A) Executive’s highest Base
      Salary as of the date of termination and (B) the average annual Bonus earned
      by
      Executive with respect to the three fiscal years preceding the date of
      termination;

    

    (iii) continued
      coverage for a period of twelve months commencing on the date of termination
      (A)
      for Executive (and his eligible dependents, if any) under the Company’s health
      plans on the same basis as such coverage is made available to senior executives
      of the Company (including, without limitation, co-pays, deductibles and other
      required payments and limitations) and (B) under any Company life insurance
      plan
      in which Executive was participating immediately prior to the date of
      termination; and

    

    (iv) full
      vesting of all Options, Stock Appreciation Rights and Restricted Shares
      previously granted to Executive, which Options and Stock Appreciation Rights
      shall remain exercisable for the period determined in accordance with Section
      20. 

    

    If
      and to
      the extent the Company is not permitted under the terms of any applicable plan
      or policy or applicable law to provide the benefits described in clause (iii)
      above or Section 10(a)(iii) or 11(b)(iii) below, or if the provisions of such
      benefits would cause any applicable plan to be deemed to be discriminating
      in
      favor of highly compensated employees under the Employee Retirement Income
      Security Act of 1974, as amended, the Company shall either (x) provide
      equivalent benefits on an individual basis at no additional after-tax cost
      to
      the Executive or (y) pay to the Executive an amount sufficient to permit the
      Executive to purchase equivalent benefits at no additional after-tax cost to
      the
      Executive.

     

    Section
      9.03  Definition
      of “Cause”.
      For
      purposes of this Agreement, the term “Cause”
shall
      mean (i)
      Executive’s willful and continuing failure (except where due to physical or
      mental incapacity) to substantially perform his duties hereunder or
      refusal or failure to follow the lawful directives of the
      Board,
      in either case which is not remedied within 15 days  after
      receipt of written notice from the Company specifying such failure; (ii)
      Executive’s willful malfeasance or gross neglect in the performance of his
      duties hereunder resulting in material harm to the Company; (iii) Executive’s
      conviction of, or plea of guilty or nolo
      contendere
      to, a
      felony or a misdemeanor involving moral turpitude; (iv) the commission by
      Executive of an act of fraud or embezzlement against the Company or any
      affiliate; or (v) Executive’s willful material breach of any material provision
      of this Agreement (as determined in good faith by the Board) which is not
      remedied within 15 days after
      receipt of written notice from the Company specifying such breach, provided
      that
      the Executive shall be given the opportunity to appear before the Board prior
      to
      the time such termination would otherwise become effective. For purposes of
      the
      preceding sentence, no act or failure to act by Executive shall be considered
      “willful” unless done or omitted to be done by Executive in bad faith or without
      reasonable belief that Executive’s action or omission was in the best interests
      of the Company.

     

    Section
      9.04  Definition
      of “Good Reason”.
      For
      purposes of this Agreement, the term “Good
      Reason” shall mean the occurrence, without Executive’s express written consent,
      of: (i) any adverse change in Executive’s title agreed to or effected by the
      Board, (ii) any material diminution in Executive’s employment duties,
      responsibilities or authority, or the assignment to Executive of duties that
      are
      materially inconsistent with his position, that is not cured within 15 days
      after written notice thereof is received from Executive; (iii) any reduction
      in
      Base Salary or reduction of the target bonus below 50% of the Base Salary;
      (iv)
      a relocation of Executive’s principal place of employment to a location
      inconsistent with Section 2 hereof that would unreasonably increase Executive’s
      commute; (v) during Executive’s employment with the Company, any failure of
      Executive to be nominated for election as a director of the Company or the
      removal of Executive as a director of the Company by the Board other than for
      cause; (vi) any willful material breach by the Company of any material provision
      of this Agreement that is not cured within 15 days after
      written notice thereof is received from Executive; or (vii) any termination
      of
      employment by Executive during the thirty day period following the one year
      anniversary of a Change in Control.

     

    Section
      9.05  In
      order
      to be eligible to receive any Severance Payment pursuant to Section 9(b) hereof,
      Executive must sign, prior to receiving such payment, a complete release of
      all
      claims against Company (other than claims under this Section 9), in
      substantially the form attached hereto as Exhibit I and such release must have
      become effective in accordance with its terms. 

     

    ARTICLE
      X  Disability;
      Death. 

     

    Section
      10.01  Termination
      Upon Disability.
      The
      Company may terminate Executive’s employment by reason of Disability upon thirty
      (30) days prior written notice. If the Executive is terminated for Disability,
      the Executive shall be entitled to the following in lieu of any payments or
      benefits under any severance program or policy of the Company (but not in lieu
      of any disability benefits to which Executive is entitled under any disability
      program or policy of the Company):

     

    (i) the
      Accrued Amounts; 

    

    (ii) a
      lump
      sum cash severance payment, payable, subject to Section 20, within 10 business
      days of termination, equal to two times the sum of (A) Executive’s highest Base
      Salary as of the date of termination and (B) the average annual Bonus earned
      by
      Executive with respect to the three fiscal years preceding the date of
      termination, reduced by any amount previously paid to the Executive pursuant
      to
      Section 11(a);

    

    (iii) continued
      coverage for a period of twelve months commencing on the date of termination
      (A)
      for Executive (and his eligible dependents, if any) under the Company’s health
      plans on the same basis as such coverage is made available to senior executives
      of the Company (including, without limitation, co-pays, deductibles and other
      required payments and limitations) and (B) under any Company life insurance
      plan
      in which Executive was participating immediately prior to the date of
      termination; and

    

    (iv) full
      vesting of all Options, Stock Appreciation Rights and Restricted Shares
      previously granted to Executive, which Options and Stock Appreciation Rights
      shall remain exercisable for the period determined in accordance with Section
      20.

    

    (b) Definition
      of Disability.
      For
      purposes hereof, "Disability" means Executive's inability due to physical or
      mental incapacity to perform the duties and services of his position for a
      period of 120 days. At the Company's option, such physical or mental incapacity
      may be determined by a physician selected by the Company and reasonably
      acceptable to Executive or presumed by the Company on the basis of Executive's
      failure to perform the duties and services of his position for a period of
      120
      days.

    

    (c) Release.
      In
      order to be eligible to receive any payment pursuant to Section 10(a) hereof,
      Executive must sign, prior to receiving such payment, a complete release of
      all
      claims against Company (other than claims under this Section 10), in
      substantially the form attached hereto as Exhibit I and such release must have
      become effective in accordance with its terms.

    

    (d) Death.
      If
      Executive dies during the term of his employment with the Company, (i) the
      Executive's estate shall be entitled to the Accrued Amounts and any death
      benefits to which Executive is entitled under any program or policy of the
      Company providing such benefits, and the Company shall have no other liability
      to Executive's estate in respect of any additional compensatory or severance
      amount and (ii) all Options, Stock Appreciation Rights and Restricted Shares
      previously granted to Executive shall immediately vest in full and shall remain
      exercisable for the period determined in accordance with Section
      20.

     

    ARTICLE
      XI  Change
      in Control. 

     

    Section
      11.01  Payment
      Upon Change in Control.
      In the
      event of a Change in Control while Executive is employed by the Company,
      Executive shall be entitled to the following:

    

    (i) a
      lump
      sum cash payment, payable, subject to Section 20, within 10 business days of
      the
      Change in Control, equal to two times the sum of (A) Executive’s highest Base
      Salary as of the date of the Change in Control and (B) the average annual Bonus
      earned by Executive with respect to the three fiscal years preceding the date
      of
      the Change in Control; 

    

    (ii) full
      vesting of all Options, Stock Appreciation Rights and Restricted Shares
      previously granted to Executive, which Options and Stock Appreciation Rights
      shall remain exercisable for the period determined in accordance with Section
      20; and

     

    (iii) any
      Gross-Up Payment due in accordance with Section 11(c) hereof.

     

    Section
      11.02  Termination
      Without Cause; For Good Reason.
      In the
      event that the Company terminates Executive’s employment other than for Cause or
      Disability or Executive terminates his employment for Good Reason within 13
      months following a Change in Control, Executive shall be entitled to the
      following in lieu of any payments or benefits under any severance program or
      policy of the Company:

     

    (i) the
      Accrued Amounts; 

    

    (ii) a
      lump
      sum cash severance payment, payable, subject to Section 20, within 10 business
      days of termination, equal to the sum of (A) Executive’s highest Base Salary as
      of the date of termination and (B) the average annual Bonus earned by Executive
      with respect to the three fiscal years preceding the date of termination;

    

    (iii) continued
      coverage for a period of thirty-six months commencing on the date of termination
      (A) for Executive (and his eligible dependents, if any) under the Company’s
      health plans on the same basis as such coverage is made available to senior
      executives of the Company (including, without limitation, co-pays, deductibles
      and other required payments and limitations) and (B) under any Company life
      insurance plan in which Executive was participating immediately prior to the
      date of termination; and

     

    (iv) any
      Gross-Up Payment due in accordance with Section 11(c) hereof.

     

    Section
      11.03  Gross-Up
      Payment.
      (i)Anything
      in this Agreement to the contrary notwithstanding, in the event it shall be
      determined that any payment, award, benefit or distribution (or any acceleration
      of any payment, award, benefit or distribution) by the Company (or any of its
      affiliated entities) or any entity which effectuates a Change in Control to
      or
      for the benefit of Executive (whether pursuant to the terms of this Agreement
      or
      otherwise, but determined without regard to any additional payments required
      under this Section 5(c)) (the “Payments”) would be subject to the excise tax
      imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the
      “Code”), or any interest or penalties are incurred by Executive with respect to
      such excise tax (such excise tax, together with any such interest and penalties,
      are hereinafter collectively referred to as the “Excise Tax”), then the Company
      shall pay to Executive an additional payment (a “Gross-Up Payment”) in an amount
      such that after payment by Executive of all taxes (including any Excise Tax)
      imposed upon the Gross-Up Payment, Executive retains an amount of the Gross-Up
      Payment equal to the sum of (x) the Excise Tax imposed upon the Payments and
      (y)
      the product of any deductions disallowed because of the inclusion of the
      Gross-Up Payment in Executive’s adjusted gross income and the highest applicable
      marginal rate of federal income taxation for the calendar year in which the
      Gross-Up Payment is to be made. For purposes of determining the amount of the
      Gross-Up Payment, the Executive shall be deemed to (i) pay federal income
      taxes at the highest marginal rates of federal income taxation for the calendar
      year in which the Gross-Up Payment is to be made, (ii) pay applicable state
      and local income taxes at the highest marginal rate of taxation for the calendar
      year in which the Gross-Up Payment is to be made, net of the maximum reduction
      in federal income taxes which could be obtained from deduction of such state
      and
      local taxes and (iii) have otherwise allowable deductions for federal
      income tax purposes at least equal to those which could be disallowed because
      of
      the inclusion of the Gross-Up Payment in the Executive’s adjusted gross income.

     

    (ii) Subject
      to the provisions of Section 11(c)(i), all determinations required to be made
      under this Section 11(c), including whether and when a Gross-Up Payment is
      required, the amount of such Gross-Up Payment and the assumptions to be utilized
      in arriving at such determinations, shall be made by the public accounting
      firm
      that is retained by the Company as of the date immediately prior to the Change
      in Control (the “Accounting Firm”) which shall provide detailed supporting
      calculations both to the Company and Executive within fifteen (15) business
      days
      of the receipt of notice from the Company or the Executive that there has been
      a
      Payment, or such earlier time as is requested by the Company (collectively,
      the
“Determination”). In the event that the Accounting Firm is serving as accountant
      or auditor for the individual, entity or group effecting the Change in Control,
      the Company and the Executive shall jointly appoint another nationally
      recognized public accounting firm to make the determinations required hereunder
      (which accounting firm shall then be referred to as the Accounting Firm
      hereunder). All fees and expenses of the Accounting Firm shall be borne solely
      by the Company and the Company shall enter into any agreement requested by
      the
      Accounting Firm in connection with the performance of the services hereunder.
      The Gross-Up Payment under this Section 11(c) with respect to any Payments
      shall
      be made no later than thirty (30) days following such Payment. The Determination
      by the Accounting Firm shall be binding upon the Company and Executive. As
      a
      result of the uncertainty in the application of Section 4999 of the Code at
      the
      time of the Determination, it is possible that Gross-Up Payments which will
      not
      have been made by the Company should have been made (“Underpayment”) or Gross-Up
      Payments are made by the Company which should not have been made
      (“Overpayment”), consistent with the calculations required to be made hereunder.
      In the event that the Executive thereafter is required to make payment of any
      Excise Tax or additional Excise Tax, the Accounting Firm shall determine the
      amount of the Underpayment that has occurred and any such Underpayment (together
      with interest at the rate provided in Section 1274(b)(2)(B) of the Code) shall
      be promptly paid by the Company to or for the benefit of Executive. In the
      event
      the amount of the Gross-Up Payment exceeds the amount necessary to reimburse
      the
      Executive for his Excise Tax, the Accounting Firm shall determine the amount
      of
      the Overpayment that has been made and any such Overpayment (together with
      interest at the rate provided in Section 1274(b)(2)(B) of the Code) shall
      be promptly paid by Executive (to the extent he has received a refund if the
      applicable Excise Tax has been paid to the Internal Revenue Service) to or
      for
      the benefit of the Company. Executive shall cooperate, to the extent his
      expenses are reimbursed by the Company, with any reasonable requests by the
      Company in connection with any contests or disputes with the Internal Revenue
      Service in connection with the Excise Tax.

     

    Section
      11.04  Definition
      of "Change in Control".
      For
      purposes of this Agreement, “Change in Control” means

     

    

    (i) The
      acquisition by any individual, entity or group (within the meaning of
      Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as
      amended (the “Exchange
      Act”))
      (a
“Person”)
      of
      beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
      Exchange Act) of more than 50% of either (A) the then-outstanding shares of
      common stock of the Company (the “Outstanding
      Company Common Stock”)
      or
      (B) the combined voting power of the then-outstanding voting securities of
      the Company entitled to vote generally in the election of directors (the
“Outstanding
      Company Voting Securities”);
      provided,
      however,
      that,
      for purposes of this Section 10(d)(1), the following acquisitions shall not
      constitute a Change in Control: (i) any acquisition directly from the
      Company, (ii) any acquisition by the Company or (iii) any acquisition
      by any employee benefit plan (or related trust) sponsored or maintained by
      the
      Company or any Affiliated Company;

    

    (ii) Individuals
      who, as of the Effective Date, constituted the Board (the “Incumbent
      Board”)
      cease
      for any reason to constitute at least a majority of the Board; provided,
      however,
      that
      any individual becoming a director subsequent to the Effective Date whose
      election, or nomination for election by the Company’s stockholders, was approved
      by a vote of at least a majority of the directors then comprising the Incumbent
      Board shall be considered as though such individual were a member of the
      Incumbent Board, but excluding, for this purpose, any such individual whose
      initial assumption of office occurs as a result of an actual or threatened
      election contest with respect to the election or removal of directors or other
      actual or threatened solicitation of proxies or consents by or on behalf of
      a
      Person other than the Board;

    

    (iii) Consummation
      of a reorganization, merger, consolidation or sale or other disposition of
      all
      or substantially all of the assets of the Company (a “Business
      Combination”),
      in
      each case, unless, following such Business Combination, (A) all or
      substantially all of the individuals and entities that were the beneficial
      owners of the Outstanding Company Common Stock and the Outstanding Company
      Voting Securities immediately prior to such Business Combination beneficially
      own, directly or indirectly, more than 50% of the then-outstanding shares of
      common stock and the combined voting power of the then-outstanding voting
      securities entitled to vote generally in the election of directors, as the
      case
      may be, of the corporation resulting from such Business Combination (including,
      without limitation, a corporation that, as a result of such transaction, owns
      the Company or all or substantially all of the Company’s assets either directly
      or through one or more subsidiaries) in substantially the same proportions
      as
      their ownership immediately prior to such Business Combination of the
      Outstanding Company Common Stock and the Outstanding Company Voting Securities,
      as the case may be and (B) at least a majority of the members of the board
      of directors of the corporation resulting from such Business Combination were
      members of the Incumbent Board at the time of the execution of the initial
      agreement or of the action of the Board providing for such Business Combination;
      or

    

    (iv) Approval
      by the stockholders of the Company of a complete liquidation or dissolution
      of
      the Company.

    

    (e) Release.
      In
      order to be eligible to receive any payment pursuant to Section 11(b) or, with
      respect to Section 11(b), Section 11(c) hereof, Executive must sign, prior
      to
      receiving such payment, a complete release of all claims against Company (other
      than claims under this Section 11), in substantially the form attached hereto
      as
      Exhibit I and such release must have become effective in accordance with its
      terms.

     

    ARTICLE
      XII  Non-Solicitation
      and Non-Competition.
      Section
      12.01  Except
      as provided in paragraph (f) below, Executive agrees that while Executive
      is employed pursuant to this Agreement and for a period of twelve (12) months
      following termination of Executive’s employment by the Company for any reason
      (the “Non-Competition
      Period”),
      whether by action of Executive or the Company, Executive will not, except as
      otherwise provided herein, engage or participate, directly or indirectly as
      principal, agent, executive, employer, consultant, stockholder, partner or
      in
      any other individual capacity whatsoever, in the conduct or management of,
      or
      own any stock or any other equity investment in or debt of, any business which
      is competitive with any business conducted by the Company.

     

    Section
      12.02  For
      the
      purpose of this Agreement, a business shall be considered to be competitive
      with
      the business of the Company if such business is engaged in providing outsourced
      commercialization services to the pharmaceutical industry or any other business
      in which the Company is engaged at the time of termination of Executive’s
      employment; provided that a pharmaceutical company shall not be deemed to be
      competitive if the services Executive renders to such a company do not involve
      providing outsourced commercialization services or any other business in which
      the Company is engaged at the time of termination of Executive’s
      employment.

     

    Section
      12.03  During
      the Non-Competition Period, Executive will not, for his own benefit or for
      the
      benefit of any person or entity other than the Company, (i) solicit, or
      assist any person or entity other than the Company to solicit any officer,
      director, executive or employee of the Company to leave his/her employment,
      (ii) hire or cause to be hired for Executive’s benefit any present or
      former officer, director, executive or employee of the Company, or
      (iii) engage any present or former officer, director, executive or employee
      of the Company as a partner, contractor, sub-contractor, employee, consultant
      or
      other business associate of Executive.

     

    Section
      12.04  During
      the Non-Competition Period, Executive will not (i) solicit, or assist any
      person or entity other than the Company to solicit, any person or entity that
      is
      a client of the Company, or has been a client of the Company during the twelve
      (12) months prior to the date of termination of Executive’s employment, to
      purchase outsourced commercialization services or any other products or services
      the Company provides to a client, or (ii) interfere with any of Company’s
      business relationships.

     

    Section
      12.05  Executive
      acknowledges that (i) the markets served by the Company are national in
      scope and are not dependent on the geographic location of the executive
      personnel or the businesses by which they are employed, and (ii) the above
      covenants are manifestly reasonable on their face, and the parties expressly
      agree that such restrictions have been designed to be reasonable and no greater
      than is required for the protection of the Company.

     

    Section
      12.06  Nothing
      in this Agreement shall he deemed to prohibit Executive from owning equity
      or
      debt investments in any corporation, partnership or other entity which is
      competitive with the Company, provided
      that
      such investments (i) are passive investments and constitute one percent
      (1%) or less of the outstanding equity securities of such an entity the equity
      securities of which are traded on a national securities exchange or other public
      market and (ii) are approved by the Company.

     

    Section
      12.07  The
      parties to this Agreement mutually agree that, in recognition of Company’s
      dependence on Executive’s experience to carry out its business plan and
      Executive’s senior and key position in the Company, the restrictions detailed in
      this Section 12 are necessary and appropriate to give effect to the
      intended relationships of the parties. Executive agrees that because damages
      arising from violations of this Section 12 are extremely difficult to
      quantify with certainty, injunctive relief will be necessary to effect the
      intent of such Section. Accordingly, Executive hereby consents to the imposition
      of a preliminary or permanent injunction as a remedy to this breach of this
      Section 12.

     

    Section
      12.08  It
      is the
      desire and intent of the parties hereto that the restrictions set forth in
      this
      Section 12 shall be enforced and adhered to in every particular, and in the
      event that any provision, clause or phrase shall be declared by a court of
      competent jurisdiction to be judicially unenforceable either in whole or in
      part
      - whether the limit be in duration, geographic coverage or scope of activities
      precluded - the parties agree that they will mutually petition the court to
      sever or limit the unenforceable provisions so as to retain and effectuate
      to
      the greatest extent legally permissible the intent of the parties as expressed
      in this Section 12.

     

    Section
      12.09  For
      purposes of Sections 12 and 13 of this Agreement, the “Company” shall be deemed
      to refer to the Company and each of its subsidiaries.

     

    ARTICLE
      XIII  Confidential
      Information

     

    .
      Section
      13.01  Executive
      shall not (for his own benefit or the benefit of any person or entity other
      than
      the Company) use or disclose any of the Company’s trade secrets or other
      confidential information. The term “trade secrets or other confidential
      information” includes, by way of example, matters of a technical nature,
“know-how”, computer programs (including documentation of such programs),
      research projects, and matters of a business nature, such as proprietary
      information about costs, profits, markets, sales, lists of customers, and other
      information of a similar nature to the extent not available to the public,
      and
      plans for future development. After termination of this Agreement, Executive
      shall not use or disclose trade secrets or other confidential information unless
      such information becomes a part of the public domain other than through a breach
      of this Agreement or is disclosed to Executive by a third party who is entitled
      to receive and disclose such information.

     

    Section
      13.02  Upon
      the
      effective date of notice of Executive’s or the Company’s election to terminate
      this Agreement, or at any time upon the request of the Company, Executive (or
      his heirs or personal representatives) shall deliver to the Company all
      documents and materials containing either trade secrets and confidential
      information relating to the Company’s business or privileged information, and
      all documents, materials and other property belonging to the Company, which
      in
      either case are in the possession or under the control of Executive (or his
      heirs or personal representatives).

     

    Section
      13.03  All
      discoveries and works made or conceived by Executive during his employment
      by
      the Company, jointly or with others, that relate to the Company’s activities
      shall be owned by the Company. The terms “discoveries and works” include, by way
      of example, inventions, computer programs (including documentation of such
      programs), technical improvements, processes, drawings, and works of authorship,
      including sales materials which relate to wall media products,
      sampling/comparing or services. Executive shall promptly notify and make full
      disclosure to, and execute and deliver any documents requested by, the Company
      to evidence or better assure title to such discoveries and works by the Company,
      assist the Company in obtaining or maintaining for itself at its own expense
      United States and foreign patents, copyrights, trade secret protection and
      other
      protection of any and all such discoveries and works, and promptly execute,
      whether during his employment or thereafter, all applications or other
      endorsements necessary or appropriate to maintain patents and other rights
      for
      the Company and to protect its title thereto. Any discoveries and works which,
      within six (6) months after the termination of Executive’s employment by the
      Company, are made, disclosed, reduced to a tangible or written form or
      description, or are reduced to practice by Executive and which pertain to work
      performed by Executive while with the Company shall, as between Executive and
      the Company, be presumed to have been made during Executive’s employment by the
      Company

     

    ARTICLE
      XIV  Enforcement.
      Executive agrees that the Company’s remedies at law for any breach or threat of
      breach by him of the provisions of Sections 12 and 13 hereof will be inadequate,
      and that the Company shall be entitled to an injunction or injunctions to
      prevent breaches of the provisions of Sections 12 and 13 hereof and to
      enforce specifically the terms and provisions thereof, in addition to any other
      remedy to which the Company may be entitled at law or equity.

     

    ARTICLE
      XV  Indemnification.
      The
      Company shall indemnify Executive against any and all losses, liabilities,
      damages, expenses (including attorneys’ fees) judgments, fines and amounts paid
      in settlement incurred by Executive in connection with any claim, action, suit
      or proceeding (whether civil, criminal, administrative or investigative),
      including any action by or in the right of the Company, by reason of any act
      or
      omission to act in connection with the performance of his duties hereunder
      to
      the full extent that the Company is permitted to indemnify a director, officer,
      employee or agent against the foregoing under applicable law. The Company shall
      at all times cause Executive to be included, in his capacity hereunder, under
      all liability insurance coverage (or similar insurance coverage) maintained
      by
      any of the Company from time to time.

     

    ARTICLE
      XVI  Attorney’s
      Fees and Costs.
      In the
      event Executive institutes any action to enforce his rights under this Agreement
      and prevails on at least one material claim in such action, the Company shall
      pay Executive’s reasonable cost and expenses (including legal fees) incurred in
      connection with such action. 

     

    ARTICLE
      XVII  Tax
      Withholding.
      Notwithstanding any other provision of this Agreement, the Company may withhold
      from amounts payable under this Agreement all Federal, state, local and foreign
      taxes that are required to be withheld by applicable laws or regulations.

     

    ARTICLE
      XVIII  No
      Waiver.
      Executive’s or the Company’s failure to insist upon strict compliance with any
      provision of, or to assert any right under, this Agreement shall not be deemed
      to be a waiver of such provision or right or of any other provision of or right
      under this Agreement. Any provision of this Agreement may be waived by either
      party;
      provided
      that any
      waiver by any person of any provision of this Agreement shall be effective
      only
      if in writing and signed by the person against whom enforcement of the waiver
      is
      sought and such waiver must specifically refer to this Agreement and to the
      terms or provisions being modified or waived.

     

    ARTICLE
      XIX  No
      Mitigation.
      In no
      event shall Executive be obligated to seek other employment or take other action
      by way of mitigation of the amounts payable to Executive under any of the
      provisions of this Agreement and such amounts shall not be subject to offset
      or
      otherwise reduced whether or not Executive obtains other employment. The
      Company’s obligation to make any payment pursuant to, and otherwise to perform
      its obligations under, this Agreement shall not be affected by any offset,
      counterclaim or other right that the Company may have against Executive for
      any
      reason.

     

    ARTICLE
      XX  Section
      409A.
      The
      parties acknowledge and agree that, to the extent applicable, this Agreement
      shall be interpreted in accordance with Section 409A of the Internal Revenue
      Code and the Department of Treasury Regulations and other interpretive guidance
      issued thereunder, including without limitation any such regulations or other
      guidance that may be issued after the Effective Date (“Section 409A”). The
      Company shall take, and Executive shall cooperate with the Company in taking,
      all steps
      reasonably necessary to have such benefits not be deferred compensation
      arrangements under Section 409A, including adopting
      such amendments to this Agreement and appropriate policies and procedures,
      including amendments and policies with retroactive effect, that are reasonably
      necessary or appropriate to preserve the intended tax treatment of the benefits
      provided by this Agreement, provided that (i) the Company will not be required
      to take any such steps that impose
      any material additional costs on the Company and shall not take any such steps
      that impose any material additional costs on Executive (unless Executive
      otherwise consents thereto) and (ii) the
      Company will not be liable for the failure to take any such steps or for the
      imposition of any tax or penalty pursuant to Section 409A. 

     

    Without
      limitation of the preceding paragraph, the parties agree that:

     

    (i)
      With
      respect to the time period within which Executive may exercise any outstanding
      stock options or stock appreciation rights, the parties agree to avoid the
      imposition of Section 409A as follows: with respect
      to options or
      stock
      appreciation rights
      awarded
      prior to the date this Agreement has been executed by both parties, Executive
      shall be entitled to exercise such options and rights through the date that
      is
      twelve (12)
      months from the effective date of Executive’s termination or death, as
      applicable,
      but in
      no event beyond the latest of (a) the 15th day of the third month following
      the
      date at which any such stock option or
      stock
      appreciation right
      would
      have otherwise terminated, (b) December 31 of the year during which any
      such stock option or
      stock
      appreciation right
      would
      have otherwise terminated and (c) such period of time that would be
      permissible under Section 409A and any temporary or final Treasury Regulations
      and guidance promulgated thereunder, so that the extension of the
      post-termination exercise period would not be considered a modification of
      such
      stock option or stock appreciation right (as determined under Section 409A),
      provided that in no event will the option or stock appreciation right remain
      exercisable beyond its original 10-year term, and

     

    (ii)
      With
      respect to stock options or
      stock
      appreciation rights
      granted
      to Executive on or following the date this Agreement has been executed by both
      parties, Executive shall have until the date that is the second anniversary
      of
      the date of the Executive's termination or death, as applicable (or
      any
      later
      date specified in the grant agreement)
      to
      exercise such options or stock appreciation rights, provided
      that in no event will any option or stock appreciation right remain exercisable
      beyond its original term. No
      subsequent document shall modify this Section 20(ii) unless it specifically
      references this Section 20(ii) and is executed by both parties. 

     

    ARTICLE
      XXI  Advance
      Notice of Prospective Employment.
      Executive agrees that following the termination of his employment, prior to
      accepting employment with, or agreeing to perform services for, any entity
      that
      competes with the Company, he will notify the Company in writing of Executive’s
      intentions so as to provide the Company with the opportunity to assess whether
      Executive’s employment or retention may potentially violate any provisions of
      this Agreement.

     

    ARTICLE
      XXII  Miscellaneous
      Provisions. 
      

     

    Section
      22.01  Notices.
      All
      notices required or permitted under this Agreement shall be in writing and
      shall
      be deemed effective upon personal delivery or upon deposit with (i) the United
      States Postal Service, by registered or certified mail, postage prepaid, or
      (ii)
      a reliable overnight courier service, addressed to the other party at the
      address set forth above (in the case of the Company, "Attention: Chairman of
      the
      Compensation Committee").

     

    Section
      22.02  Pronouns.
      Whenever the context may require, any pronouns used in this Agreement shall
      include the corresponding masculine, feminine or neuter forms, and the singular
      forms of nouns and pronouns shall include the plural, and vice
      versa.

     

    Section
      22.03  Entire
      Agreement.
      This
      Agreement constitutes the entire agreement between the parties and supersedes
      all prior agreements and understandings, whether written or oral, relating
      to
      the subject matter of this Agreement, including, but not limited to, the
      Employment Agreement dated as of June 14, 1999 between Executive and the
      Company, as heretofore amended. Notwithstanding the foregoing, all prior grant
      or award agreements relating to stock options and restricted stock will remain
      in effect except to the extent explicitly modified by this
      Agreement.

     

    Section
      22.04  Amendment.
      This
      Agreement may be amended or modified only by a written instrument executed
      by
      both the Company and Executive.

     

    Section
      22.05  Governing
      Law.
      This
      Agreement shall be construed, interpreted and enforced in accordance with the
      laws of the State of New York, without regard to its conflict of law
      principles.

     

    Section
      22.06  Successors
      and Assigns.
      This
      Agreement shall be binding upon and inure to the benefit of both parties and
      their respective successors and assigns; provided,
      however,
      that
      the obligations of Executive are personal and shall not be assigned or delegated
      by him.

     

    Section
      22.07  Waiver.
      No
      delays or omissions by the Company or Executive in exercising any right under
      this Agreement shall operate as a waiver of that or any other right. A waiver
      or
      consent given by the Company or Executive on any one occasion shall be effective
      only in that instance and shall not be construed as a bar or waiver of any
      right
      on any other occasion.

     

    Section
      22.08  Captions.
      The
      captions appearing in this Agreement are for the convenience of reference only
      and in no way define, limit or affect the scope or substance of any section
      of
      this Agreement.

     

    Section
      22.09  Severability.
      In case
      any provision of this Agreement shall be held by a court with jurisdiction
      over
      the parties to this Agreement to be invalid, illegal or otherwise unenforceable,
      the validity, legality and enforceability of the remaining provisions shall
      in
      no way be affected or impaired thereby.

     

    Section
      22.10  Cooperation
      of the Parties.
      The
      Company and Executive agree to make all reasonable efforts to cooperate to
      insure compliance with this Agreement.

     

    Section
      22.11  Duration
      of Terms.
      The
      respective rights and obligations of the parties hereunder shall survive any
      termination of Executive’ employment, the Term or this Agreement to the extent
      necessary to give effect to such rights and obligations.

     

    Section
      22.12  Counterparts.
      This
      Agreement may be executed simultaneously in two or more 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 as of the day and year first written
      above.

     

     

    
      	
               

              COMPANY

               

              inVentiv
                Health, Inc.

            	
               

              EXECUTIVE

            
	
               

              By: Per
                Lofberg 

              Name:
                Per G.H. Lofberg

              Member,
                Compensation Committee of the Board of Directors

               

            	
               

              By: /s/
                Eran
                Broshy 

              Name:
                Eran Broshy

            
	
               

              By: Donald
                Conklin 

              Name:
                Donald Conklin

              Member,
                Compensation Committee of the Board of Directors

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00103-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00103-of-00352.parquet"}]]