Document:

EMPLOYMENT AGREEMENT, E.J. MCLEAN

 Exhibit 10.3 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (this “Agreement”) is between E.J.
McLean (Employee) and OrthoSupply Management, Inc. (Company) and is effective from November 19, 2005 and continuing. This Agreement shall automatically supersede any prior agreements, arrangements or understandings, either oral or written,
between the Company and Employee. The Parties agree as follows: 
 SECTION I - AGREEMENT OF THE PARTIES 
 The Company agrees to employ Employee pursuant to the terms herein, and Employee, in consideration of said employment, agrees to execute this document
and to be bound by the terms herein. 
  

	 	(a)	Employee agrees to serve the Company as its Controller 

  

	 	(b)	The Company shall compensate Employee for his services as provided herein. 

 SECTION II - DURATION OF EMPLOYMENT 
 The Parties acknowledge that Employee’s employment is
at-will and that this Agreement does not create any obligation on the part of Employee to continue in his employment on behalf of the Company; nor does it create any obligation by the Company to continue to employ Employee for any specific period of
time or restriction on the Company’s ability to terminate Employee’s employment for any reason, with or without cause, with not fewer than five business days notice. This Agreement shall terminate on the last day of Employee’s
employment subject to the survivability clause set forth below. 
 SECTION III - COMPENSATION 
 The Company shall compensate Employee for his services at a rate of $96,000 per annum (“Base Rate”). The Base Rate will increase throughout the
years based on the Company’s gross sales per the most recent twelve (12) contiguous months per the following schedule; such higher amounts shall then be the Base Rate: 
  

				
	 Company Gross Revenue
	  	Employee’s Base Salary
	 $3,000,000 to $5,000,000
	  	$	105,000
	 $5,000,001 to $7,000,000
	  	$	115,000
	 $7,000,001 and beyond
	  	$	130,000

 The Company will also provide Employee with 100,000 stock options upon hire date and an additional
100,000 in stock options, which will be vest in accordance with specific objectives set annually, which shall vest annually November 19, 2005 over four (4) years in equal 25,000 allotments except that any amount of stock not already paid
shall become vested immediately upon a change in control of the Company to the extent it is not otherwise prohibited by law. This 

 
benefit shall inure to the benefit of and be enforceable by the Employee’s personal or legal representatives, executors, administrators, successors,
heirs and legatees in the event the Employee dies before the benefit is paid in full. 
 SECTION IV - EXPENSES 
 The Company agrees to reimburse Employee for all expenses reasonably incurred by him on behalf of the Company and in accordance with the prevailing
practice and policy of the Company. 
 SECTION V - BENEFITS AND EMPLOYMENT POLICIES 
 Except as expressly provided for herein, benefits (including medical, dental, (if applicable) and disability coverage) shall be provided in accordance
with the then current policies and practices of the Company. However, Employee shall receive three weeks vacation per calendar year. Employee understands that the Company reserves the rights to change, add to, terminate or otherwise modify the
benefits granted to employees. 
 SECTION VI - BONUS PROGRAM 
  

	 	a.	In his position as controller, Employee shall be eligible to earn an annual incentive compensation payment targeted at 25% of his Base Rate. Payments are at the good faith
determination of the CEO and are subject to the CEO’s good faith determination of Employee’s achievement of financial performance goals and/or major milestones and maintaining satisfactory performance. 

 SECTION VII - RESTRICTIVE COVENANT 
 Employee agrees that during the course of his employment and for a period of twelve (12) months from the date of any termination, resignation or retirement of Employee’s employment with the Company, Employee shall not,
(a) either directly or indirectly, individually or on behalf of persons not now parties to this Agreement, or as a partner, stockholder, director, officer, principal, agent, consultant, employee, or in any other capacity or relationship engage
in any business or employment, or aid or endeavor to assist any business or legal entity which is a competitor of the Company or including without limitation, businesses which engage in the stock and bill of durable medical equipment.
(b) solicit or attempt to solicit or conduct any business with any customer, potential customer or former customer of the company or attempt to induce any company customer to alter it’s relationship with the company in any way, or
(c) recruit or hire any employee or former employee of the Company, or otherwise induce such employee to leave the employment of Company, or to become an employee of or otherwise be associated with Employee or any business which Employee may be
associated. 
 Employee acknowledges that this covenant not to compete will not impair his ability to seek employment due to (1) the
narrow definition of “Competitor,” and (2) the fact that his skills may be used and have been in many industries. Employee also acknowledges the reasonableness of a global restriction due to the limited number of Competitors, and the
global, yet limited, nature of the market for durable medical products. 
  

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 Definitions 
 as used within this Section, the following words shall have the following meanings: 
 Competitor

 Any company, entity or organization, acting as an intermediary for the supply of durable medical products, including without
limitation, companies which engage in the stock and bill of durable medical equipment. 
 SECTION VIII - CONFIDENTIALITY AND TRADE SECRETS

 Employee agrees that the Company has a proprietary interest in (1) its relationships with its customers, clients, associates and
agents and (2) its business methods, systems, plans, business plans, policies, technologies, algorithms, advancements, innovations, trouble-shooting practices, designs, drawings, illustrations, graphics, photographs, estimates, blueprints,
employee manuals, purchase order forms, price lists, memoranda, notes, proprietary information, business information, technical data, trade secrets, know-how, ways of doing business, research, requirements, supplier lists, customer lists, prospect
lists, markets, developments, inventions, processes, formulae, technologies, techniques, procedures, hardware configuration, website design information, software, object code, source code, marketing material, forecasts, business strategy, finances,
accounting, records or other proprietary documents (hereinafter all of which shall collectively be referred to as the “confidential information”). Employee agrees that said information may constitute a trade secret and that a violation of
this provision may constitute an unfair business practice. Without limiting the generality of the foregoing, confidential information would also include, but not be limited to, any materials, information or documents marked with the word
“confidential.” 
 Therefore, Employee agrees that during all times that he is or has been employed by the Company and after
employment by the Company, he shall not (other than pursuant to his duties hereunder or with the prior written consent of a duly authorized representative of the Company) disclose, deliver, disseminate, reproduce, make any use of (except for the
benefit of the Company), or allow any use of by a third party, any confidential information to any person, firm, corporation or other entity. Employee agrees that all promotional literature, printed material, internal and external correspondence,
and other documents made or compiled by Employee containing any and all confidential information, as defined above, or made available to Employee concerning the Company’s business, shall be the Company’s exclusive property and shall be
delivered by Employee to the Company upon expiration or termination of this Agreement or at any other time upon request of the Company. The provisions of this Section shall survive the expiration or termination of this Agreement, or any part thereof
without regard, to the reason therefore. 
 Employee hereby acknowledges that the services to be rendered by him are of a special, unique and
extraordinary character and, in connection with such services; he will have access to said confidential information concerning the Company’s business. 
  

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 Employee agrees that in the event of a breach of this Section of the Agreement, the Company shall, in
addition to injunctive relief, be entitled to seek to recover the greater of either: (l) any amount of damages awarded to the Company in a civil action for damages arising from said breach, or (2) liquidated damages the amount equal to
Employee’s base salary. 
 The Company agrees the Company has no proprietary interest in the following information: 
  

	 	A.	All knowledge that Employee demonstrably possessed before Nov 15, 2005; 

  

	 	B.	Information within the public domain which was released to the public domain by a person who had the right to make such disclosure without breaching an obligation of confidence.

 SECTION IX - ASSIGNMENT OF INVENTIONS 
 Employee acknowledges and agrees that the Company is the owner of all Inventions, as hereinafter defined. In order to protect the Company’s rights to such Inventions, by executing this Agreement, Employee hereby
irrevocably assigns to the Company all his right, title and interest in and to all Inventions to the Company. 
 For purposes of this
Agreement, “Inventions” shall mean all discoveries, processes, designs, methods, techniques, algorithms, technologies, devices, or improvements in any of the foregoing or other ideas, whether or not patentable or copyrightable and whether
or not reduced to practice, made or conceived by Employee (whether solely or jointly with others) during the period of his employment with the Company which relate in any manner to the actual or demonstrably anticipated business, work, or research
and development of the Company, or result from or are suggested by any task assigned to Employee or any work performed by Employee for or on behalf of the Company. To the maximum extent permitted by law, Inventions, shall be regarded as “works
for hire.” 
 Any discovery, process, design, method, technique, technology, device, or improvement in any of the foregoing or other
ideas, whether or not patentable or copyrightable and whether or not reduced to practice, made or conceived by Employee (whether solely or jointly with others) which Employee develops entirely on his own time not using any of the Company’s
equipment, supplies, facilities, or trade secret information, hereinafter “Personal Invention”, is excluded from this Agreement provided such Personal Invention (i) does not relate to the actual or demonstrably anticipated business,
research and development of the Company, (ii) does not result, directly or indirectly, from any work performed by Employee for or on behalf of the Company, and (iii) the existence and nature of the Personal Invention is disclosed in
writing in confidence to the Board of Directors of the Company. Nothing herein shall be construed to limit in any way the “shop rights” or the common law or statutory rights of the Company. 
 Employee agrees that in connection with any Invention, he will promptly disclose such Invention to the Board of Directors of the Company in order to
permit the Company to enforce its property rights to such Invention in accordance with this Agreement. The Company shall receive employee’s disclosure in confidence. 
 Upon request, Employee agrees to assist the Company or its nominee (at its expense) during and at any time subsequent to his employment in every reasonable way to obtain for its 

  

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own benefit patents and copyrights for Inventions in any and all countries. Such patent and copyrights shall be and remain the sole and exclusive property of
the Company or its nominee. Employee agrees to perform such lawful acts as the Company deems to be necessary to allow it to exercise all right, title and interest in and to such patents and copyrights. 
 Employee agrees to execute, acknowledge and deliver to the Company or its nominee upon request and at its expense all documents, including assignments of
title, patent or copyright applications, assignments of such applications, assignments of patents or copyrights upon issuance, as the Company may determine necessary or desirable to protect or enforce the Company’s or its nominee’s
interest in Inventions, and/or to use in obtaining patents or copyrights in any and all countries and to vest title thereto in the Company or its nominee to any of the foregoing. 
 SECTION X - EXCLUSIVE EMPLOYMENT AND SERVICES 
 Employee shall, during the
Pendency of this Agreement, work solely and exclusively for the Company except as provided herein and as may be agreed, in writing, between Employee and Company. Employee shall not accept employment with, nor offer services (in any form or capacity
whatsoever) to any other organization or individual, during the pendency of this Agreement. This provision shall not prevent Employee from serving in an uncompensated capacity to any nonprofit organization or industry association or from serving on
the boards of up to four privately held entities with the prior written approval of the majority of the Board of the Company, which consent will be withheld if the position could compromise the Company’s intellectual property, is with a
competitor of or could result in competition with the Company or an affiliate thereof, or would result in unfavorable publicity or treatment or which could cause damage to the reputation of the Company or any affiliate in its/their business and
other affairs. 
 SECTION XI - TERMINATION OF EMPLOYMENT 
 In the event Employee’s employment is involuntarily terminated and subject to Employee signing a general release of all claims in a form and manner satisfactory to the Company, Employee shall receive over the
course of 12 months an amount equal to of his then current Base rate, less standard withholdings, to be paid within thirty (30) days of executing the general release, except that any amounts due and not otherwise paid shall become immediately
due upon: (a) a change in control of the Company regardless of whether or not any new management team or Board conveys an offer of employment to Employee, or (b) the Company declaring insolvency prior to the full provision of these
benefits, to the extent it is not otherwise prohibited by law. This benefit shall inure to the benefit of and be enforceable by the Employee’s personal or legal representatives,, executors, administrators, successors, heirs and legatees in the
event the Employee dies before the benefit is paid in full. Such general release will not, however, include vested rights, if any, Employee has under the Company’s 401(k) plan, for Bonus compensation under Section VI herein for which Employee
has qualified prior to the date of termination or the payment provided for in the Indemnification provision below. The Company will also continue to provide Employee with the medical coverage provided for in Section V above for the same 12 month
period regardless of whether or not (in the event of a change in control of the Company) any new management team or Board conveys an offer of employment to Employee. 
  

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 SECTION XII - SUCCESSORS AND ASSIGNS 
 This Agreement is personal to each of the Parties and, except as set forth herein, neither party may assign or delegate any of the rights nor obligations
hereunder without first obtaining, written consent of the other party or as provided herein. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company whether by way of merger, consolidation, and
operation of law, assignment, purchase, or other acquisition of substantially all of the assets or business of the Company. 
 SECTION XIII
- CHOICE OF LAW AND FORUM 
 This Agreement shall be governed and construed in accordance with the laws of the Commonwealth of
Massachusetts without regard to the principles of choice of law. Both the Employee and the Company expressly consent to the personal jurisdiction of the state and federal courts of Massachusetts for any lawsuit filed there by either party arising
from or relating to this Agreement. 
 SECTION XIV - IRREPARABLE HARM - INJUNCTIVE RELIEF 
 Employee acknowledges that the breach of Sections VII, VIII, IX and X is likely to result in immediate, irreparable harm to the Company, for which
damages are not reasonably ascertainable. Employee consents, therefore, that, upon a showing that Employee is about to breach, or has breached, any such Section, the Company shall be entitled to a preliminary injunction and other equitable relief as
necessary to enjoin Employee from threatened, further or continuing breaches thereof. 
 SECTION XV - SEVERABILITY 
 If any provision of this Agreement shall be invalid or unenforceable under any applicable law, such provisions shall not apply in such instance but the
remaining provisions shall be given their full effect in accordance with their terms. 
 In the event a court of competent jurisdiction
determines that the restrictions on competition as to time or geography set forth in Section VII are unenforceable, the restriction(s) found to be unenforceable shall be deemed to have been modified to the longest period, or maximum geographical
area, determined enforceable by the Court. 
 SECTION XVI - SURVIVABILITY 
 The provisions of Sections III, VII, VIII, IX, XI, XII, XIII, XIV, XV, and XVI shall survive the termination of this Agreement. 
 SECTION XVII - WAIVER 
 Waiver by the
Parties of any term, provision or condition hereof’ shall not be construed as a waiver of any other term, provision or condition, nor shall waiver be deemed a waiver of any subsequent breach of said term, condition or provision. 
  

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 SECTION XVIII - MODIFICATION 
 This document can only be modified by a written agreement signed by a majority of the Board of Directors and by Employee. 
 SECTION XIX - AMBIGUITY 
 The Company
and Employee have participated equally in drafting this Agreement and any ambiguity that may exist in any of its language shall not be deemed attributable to either of them. 
 SECTION XX - NOTICE 
 For purposes of this AGREEMENT, notice shall mean written
notice either delivered in hand or by first-class mail, postage prepaid to the parties as follows: 
  

			
	If to Employee:	  	Mr. E.J. McLean
		
	If to the Company:	  	 OrthoSupply Management, Inc.
 26 Chestnut Street,
Suite 2L
 Andover, MA 01810
 Attn: Brian Lesperance,
CEO

 For purposes of Section XX, if notice is given by first-class mail, notice shall be effective
three (3) days after notice is placed in the United States mail. 
  

									
	Employee	 		 	OrthoSupply Management, Inc.
			
	 /s/ E.J. McLean
	 		 	 /s/ Brian Lesperance

	 E.J. McLean
	 		 	By: Brian Lesperance
				
	 Date
	 	___________________	 		 	Title: CEO

  

 7RESTRICTED STOCK PURCHASE AGREEMENT

 Exhibit 10.4 
 ORTHOSUPPLY MANAGEMENT, INC. 
 RESTRICTED STOCK PURCHASE AGREEMENT 
 Under the 2005 Equity Incentive Plan 
 This RESTRICTED STOCK PURCHASE AGREEMENT (this “Agreement”) is dated as of December 1, 2005, by and between OrthoSupply Management, Inc., a Delaware corporation (the “Company”), and Brian D. Lesperance (the
“Purchaser”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such term in the Company’s 2005 Equity Incentive Plan (the “Plan”). 
 WHEREAS, the Purchaser is an employee, director or consultant of the Company or any of its Affiliates; and 
 WHEREAS, the Company desires to sell to the Purchaser, and the Purchaser desires to purchase from the Company, one million three hundred
twenty-two thousand two hundred (1,322,200) shares of Common Stock, all in accordance with the terms and conditions set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the promises and mutual covenants herein set forth, and other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto hereby mutually
covenant and agree as follows: 
 1. Relationship to Plan. This Agreement is entered into pursuant to the Plan and is subject
to the terms and conditions of the Plan in all respects. The Purchaser hereby acknowledges receipt of a copy of the Plan, and the Purchaser agrees that the Purchaser’s purchase of the Purchased Shares is subject to all of the terms and
conditions of the Plan. The Purchaser further agrees that all decisions under and interpretations of the Plan by the Company shall be final, binding and conclusive upon the Purchaser and the Purchaser’s successors, permitted assigns, heirs and
Legal Representatives. 
 2. Definitions. For all purposes of this Agreement, the following definitions shall apply, unless the
context otherwise requires: 
 “Common Stock” shall mean the common stock, par value $0.001 per share, of the Company.

 “Legal Representative” shall mean the executor(s), administrator(s) or other legal representative(s) of the Purchaser or
the Purchaser’s estate. 
 “Released Shares” shall mean, at the relevant time of reference thereto, all of the Shares
other than the then Unreleased Shares. 
 “Repurchase Option” shall mean the repurchase option granted to the Company and
its assignees under Section 7 hereof. 

 “Shares” shall mean, collectively, (i) all of the Purchased Shares and
(ii) any and all other stock or securities that become subject to the Repurchase Option pursuant to Section 7(c) hereof. 
 “Unreleased Shares” shall mean, at the relevant time of reference thereto, that number of the Purchased Shares (subject to adjustment as provided in Section 7(c) hereof) as shall not have been released from the
Repurchase Option on or prior to such time. 
 3. Purchase and Sale of Stock. The Company hereby agrees to sell to the
Purchaser, and the Purchaser hereby agrees to purchase from the Company, an aggregate of one million three hundred twenty-two thousand two hundred (1,322,200) shares of Common Stock (the “Purchased Shares”), at the price of
$0.01 per share, for an aggregate purchase price of $13,222.00 (the “Total Price”). 
 4. Payment of Purchase
Price. The aggregate purchase price for the Purchased Shares shall be paid to the Company at the time of execution of this Agreement by delivery to the Company of a check made payable to the Company in the amount of the Total Price.

 5. Issuance of Certificate for the Purchased Shares. Upon receipt by the Company of the Total Price, the Company shall issue
in the name of the Purchaser a duly executed certificate evidencing the Purchased Shares, which certificate shall be endorsed with the legends set forth in Sections 10(b) and 12(c) hereof. The Secretary of the Company shall hold such certificate
until such time as the Purchased Shares represented thereby become Released Shares. 
 6. Restriction on Transfer. Except for
any transfer of Unreleased Shares to the Company or its assignees as contemplated by this Agreement, none of the Unreleased Shares or any beneficial interest therein shall be sold, transferred, assigned, pledged, encumbered or otherwise disposed of
in any way (including, without limitation, by operation of law) at any time. None of the Released Shares or any beneficial interest therein shall be sold, transferred, assigned, pledged, encumbered or otherwise disposed of in any way (including,
without limitation, by operation of law), except in accordance with and upon compliance with Section 10 hereof and, if applicable, the relevant provisions of any stockholders or similar agreement in effect at such time to which the Purchaser is
a party. Any sale, transfer, assignment, pledge, encumbrance or other disposition of the Shares shall be void unless the provisions of this Agreement and, if applicable, such stockholders or similar agreement are met. 
 7. Repurchase Option. 
 (a) In
the event of the voluntary or involuntary termination of the Purchaser’s employment or other association with the Company or any of its Affiliates, for any or no reason (including death or disability), before all of the Purchased Shares have
become Released Shares, the Company shall, upon and from 

  

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the date of such termination, as reasonably fixed and determined by the Company (the “Termination Date”), have an irrevocable and exclusive
right, but not the obligation, to repurchase all or any number of the Unreleased Shares at the original purchase price per share of $0.01 (subject to adjustment as provided in Section 7(c) hereof). The Company may exercise its right to
repurchase at any time within ninety (90) days after the Termination Date by delivering a written notice of exercise (the “Repurchase Notice”) to the Purchaser or a Legal Representative and by delivering to the Purchaser
or a Legal Representative, together with such Repurchase Notice, a check in the amount of the aggregate purchase price for the Unreleased Shares being repurchased. Any Unreleased Shares not so repurchased during such ninety (90) day period
shall no longer be subject to the provisions of this Section 7. Upon delivery of the Repurchase Notice and payment of such aggregate repurchase price, the Company shall become the legal and beneficial owner of the Unreleased Shares being
repurchased and all rights and interests therein or relating thereto, and the Company shall have the right to retain and transfer to its own name the number of Unreleased Shares being repurchased by the Company. For avoidance of doubt, the
Repurchase Option shall apply to any and all Unreleased Shares that are outstanding on the Termination Date despite the fact that from and after the Termination Date any or all of such Unreleased Shares are, or are scheduled to be, released from the
Repurchase Option by operation of the provisions of Section 8 hereof. 
 (b) Whenever the Company shall have the right to repurchase
Unreleased Shares under this Agreement, the Company may designate and assign one or more employees, officers, or directors of the Company or any of its Affiliates or other persons or organizations to exercise all or any part of the Company’s
rights under this Agreement to repurchase all or any number of such Unreleased Shares at the repurchase price set forth herein. 
 (c) In the
event that the shares of Common Stock shall be subdivided (whether by stock split, stock dividend or otherwise) or combined into a greater or smaller number of shares or if, upon a merger, consolidation, sale of all or substantially all of its
assets, reorganization, split-up, combination, reclassification, recapitalization or the like of the Company, the shares of Common Stock shall be exchanged for other securities of the Company or of another corporation, person or entity, then such
number of shares of Common Stock or such amount of other securities of the Company or such other corporation, person or entity as were issued in respect of or in exchange for the Unreleased Shares shall be, thereafter, included as part of the
Unreleased Shares, and the term “Unreleased Shares” shall, thereafter, include, for all purposes of this Agreement, such number of shares of Common Stock and/or such amount of other securities of the Company or such other corporation,
person or entity. Immediately upon the occurrence of any of the events referred to above in this Section 7(c) an appropriate and equitable adjustment shall be made to the price payable by the Company, its successors or its assignees in
connection with the repurchase of any Unreleased Shares pursuant to this Section 7. 
  

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 (d) Contemporaneously with the execution and delivery of this Agreement, the Purchaser agrees to execute
and deliver to the Company a stock power relating to the Purchased Shares and any shares that may become subject to the Repurchase Option, provided that such stock power may not be used with respect to Released Shares. 
 8. Release of Purchased Shares From Repurchase Option. At each date set forth in the table below, the number of the Purchased Shares equal
to the product of (i) the percentage set forth next to such date and (ii) the total number of the Purchased Shares (subject to appropriate adjustment upon the occurrence of any of the events referred to in Section 7(c) hereof) shall
be released from the Repurchase Option, provided that, in each case, the Purchaser continues to be associated with the Company or any of its Affiliates as an employee, director or consultant on each applicable date. 
  

				
	 Date
	  	Cumulative Percentage	 
	 December 12, 2005
	  	12.498	%
	 January 12, 2006 and each monthly anniversary thereafter for the 19 subsequent months ending on July 12, 2007
	  	4.166	%
	 August 12, 2007
	  	4.182	%

 9. Representations and Warranties of the Purchaser. 
 (a) The Purchaser hereby represents and warrants to the Company, its officers, directors, agents, and employees that: 
 (i) The Purchaser has had an opportunity to ask questions of and receive answers from the authorized representatives of the Company, and
to review any relevant documents and records concerning the business of the Company and the terms and conditions of this investment, and that any such questions have been answered to the Purchaser’s full satisfaction. 
 (ii) The Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the
merits and risks of an investment in the Company. 
 (iii) The Purchased Shares are being acquired for the Purchaser’s
own account for investment and not with a view toward subdivision, resale, or redistribution thereof in a manner prohibited under the Securities Act of 1933, as amended (the “Act”), and the Purchaser does not presently have any
reason to 

  

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anticipate any change in the Purchaser’s circumstances or other particular occasion or event which would cause the Purchaser to sell the Purchased
Shares. 
 (b) The Purchaser acknowledges that the Company and its officers, directors, employees, and agents are relying on the truth and
accuracy of the representations and warranties set forth in Section 9(a) hereof in connection with the offering of the Purchased Shares for sale to the Purchaser without having first registered the Purchased Shares under the Act. All
representations, warranties, and covenants contained in this Agreement shall survive the acceptance of this Agreement and the sale of the Purchased Shares. Notwithstanding the foregoing, however, no representation, warranty, acknowledgment, or
agreement made herein by the Purchaser shall in any manner be deemed to constitute a waiver of any rights granted to the Purchaser under federal or state securities laws. 
 10. Investment Intent. 
 (a) The parties agree that none of the Shares or any beneficial
interest therein shall be sold, transferred, assigned, pledged, encumbered or otherwise disposed of in any way (including, without limitation, by operation of law) unless and until (i) such Shares or such beneficial interest, as the case may
be, proposed to be sold, transferred, assigned, pledged, encumbered or otherwise disposed of are registered pursuant to an effective registration filed with the Securities and Exchange Commission pursuant to the Act or (ii) if required by the
Company, the Company shall have received an opinion, in form and substance satisfactory to the Company, from the Company’s legal counsel to the effect that the sale, transfer, assignment, pledge, encumbrance or other disposition of such Shares
or such beneficial interest, as the case may be, does not require registration under the Act or any applicable state securities laws. 
 (b)
In addition to the legend set forth in Section 12(c) hereof, the certificate representing the Shares shall be endorsed with a legend substantially as follows: 
 “THE SHARES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. NO TRANSFER, SALE OR OTHER DISPOSITION OF THESE SHARES MAY BE MADE UNLESS A REGISTRATION STATEMENT
WITH RESPECT TO THESE SHARES HAS BECOME EFFECTIVE UNDER SAID ACT, OR THE CORPORATION HAS BEEN FURNISHED WITH AN OPINION OF COUNSEL SATISFACTORY TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.” 
 (c) The Purchaser understands and agrees that neither the Company nor any agent of the Company shall be under any obligation to recognize any transfer of

  

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any of the Shares if, in the opinion of counsel for the Company, such transfer would result in violation by the Company of the Act or any other any federal
or state law with respect to the offering, issuance or sale of securities. 
 11. Tax Consequences. 
 (a) It is understood by the parties hereto that the issuance and sale of the Purchased Shares hereunder may be deemed compensatory in purpose and in
effect and that, as a result, the Company may be obligated to pay withholding taxes in respect thereof at the time the Purchaser becomes subject to federal income taxation with respect to the receipt of the Purchased Shares hereunder. In the event
that at the time the above-said withholding tax obligations arise (i) the Purchaser is no longer associated with the Company or any of its Affiliates as an employee, director or consultant or (ii) the Purchaser’s other cash
compensation from the Company or any of its Affiliates, as the case may be, is not sufficient to meet the aforesaid withholding tax obligation, the Purchaser hereby agrees to reimburse the Company for all withholding taxes required to be paid in
respect of the issuance and sale of the Purchased Shares within thirty (30) days after written request therefor is made to the Purchaser. Such request shall be made at or about the time the Company is required to pay such withholding taxes. In
the event the Company determines that it is not obligated to withhold taxes payable by the Purchaser with respect to the issuance and sale of the Purchased Shares but that it is later held liable due to any non-payment of taxes on the part of the
Purchaser, the Purchaser agrees on the Purchaser’s behalf, and on behalf of such Purchaser’s heirs, executors, administrators, legal representatives and assigns, to indemnify the Company in the amount of any payment made by the Company in
respect of such liability. 
 (b) The Purchaser hereby agrees to deliver to the Company a signed copy of any instrument, letter or other
document that the Purchaser may execute and file with the Internal Revenue Service evidencing the Purchaser’s election under Section 83(b)(2) of the Code to treat the Purchaser’s receipt of the Purchased Shares hereunder as included
in the Purchaser’s gross income in the year of receipt. The Purchaser shall deliver a copy of any such instrument of election to the Company within five (5) days after the date on which any such election is required to be made in
accordance with the appropriate provisions of the Code or applicable regulations thereunder. The Purchaser acknowledges that the Company has advised the Purchaser to seek the advice of the Purchaser’s tax adviser with respect to the
transactions contemplated by this Agreement. 
 12. General Provisions. 
 (a) This Agreement shall be governed by the internal substantive laws of the State of Delaware and shall be binding upon the heirs, personal
representatives, executors, administrators, successors and permitted assigns of the parties. 
 (b) Except as set forth in that certain
Employment Agreement, dated as of September 12, 2005, by and between the Company and the Purchaser, this 

  

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agreement supersedes all prior written and oral agreements and understandings between the parties and (together with any stockholders or similar agreement)
represents the entire agreement between the parties with respect to the subject matter hereof and may only be modified or amended in writing signed by both parties. Notwithstanding anything contained in this Agreement to the contrary, to the extent
that any of the provisions of this Agreement conflict with any provisions of any stockholders or similar agreement (whether or not such any stockholders or similar agreement is in effect on the date hereof or becomes effective after the date
hereof), the provisions of such any stockholders or similar agreement shall govern. 
 (c) The certificate representing the Shares shall be
endorsed with the following legend: 
 “THIS CERTIFICATE AND THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS AND
CONDITIONS OF ORTHOSUPPLY MANAGEMENT, INC. 2005 EQUITY INCENTIVE PLAN AND A RESTRICTED STOCK PURCHASE AGREEMENT, DATED AS OF DECEMBER 1, 2005, AND TO THE RESTRICTIONS UPON TRANSFER CONTAINED THEREIN. A COPY OF SUCH 2005 EQUITY INCENTIVE PLAN AND
RESTRICTED STOCK PURCHASE AGREEMENT WILL BE FURNISHED FREE OF CHARGE TO ANY INTERESTED PARTY UPON WRITTEN REQUEST TO THE SECRETARY OF THE CORPORATION.” 
 At the request of the Purchaser and upon surrender to the Company of one or more legended stock certificates issued by the Company to the Purchaser, the Company agrees, upon cancellation of and in exchange for such surrendered
certificate(s), to cause its transfer agent to issue to the Purchaser one or more stock certificates representing in the aggregate such number of Shares as are represented by the surrendered stock certificate(s), which newly issued stock
certificates shall be issued with only such legends as the Company or its counsel deems necessary or appropriate under the relevant facts and circumstances. 
 (d) The rights and obligations of each party under this Agreement shall inure to the benefit of and be binding upon such party’s heirs, successors and permitted assigns. The rights and obligations of the Company
under this Agreement shall be assignable by the Company to any one or more persons or entities without the consent of the Purchaser. The rights and obligations of the Purchaser under this Agreement may only be assigned with the prior written consent
of the Company. 
 (e) Either party’s failure to enforce any provision or provisions of this Agreement shall not in any way be construed
as a waiver of any such provision or provisions, nor prevent the party thereafter from enforcing each and every other 

  

 -7- 

 
provision of this Agreement. The rights granted both parties herein are cumulative and shall not constitute a waiver of either party’s right to assert
all other legal remedies available to it under the circumstances. 
 (f) The Purchaser hereby consents to the utilization by the Company, as
necessary in connection with dealings with any governmental and regulatory authorities, of any information supplied to the Company by the Purchaser or by the Purchaser’s representatives in connection with the offer and sale of the Purchased
Shares, and agrees to supply any additional information reasonably requested by any such authority. 
 (g) If any provision of this Agreement
shall be held illegal, invalid or unenforceable, such illegality, invalidity or unenforceability shall attach only to such provision and shall not in any manner affect or render illegal, invalid or unenforceable any other severable provisions of
this Agreement. 
 (h) Headings are for convenience only and are not deemed to be part of this Agreement. 
 (i) The Purchaser agrees upon request to execute any further documents or instruments necessary or desirable to carry out the purposes or intent of this
Agreement. 
 (j) This Agreement may be executed in counterparts, all of which together shall for all purposes constitute one Agreement,
binding on each of the parties hereto notwithstanding that each such party shall not have signed the same counterpart. 
 (k) The Company is
not by reason of this Agreement or the issuance of any Shares obligated to continue the Purchaser’s relationship with the Company or any of its Affiliates as an employee, director or consultant. 
 (l) EACH PARTY HEREBY WAIVES ANY RIGHT TO A JURY TRIAL AND TO CLAIM OR RECOVER PUNITIVE DAMAGES. 
 [remainder of page intentionally left blank] 
  

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 IN WITNESS WHEREOF, the parties have duly executed this Agreement under seal as of the day and
year first set forth above. 
  

			
	ORTHOSUPPLY MANAGEMENT, INC.
		
	By:	 	/s/ John Hallal
		 	 Name: John Hallal

		 	 Title: Shareholder

	
	 /s/ Brian Lesperance

	 Brian D. Lesperance

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