Document:

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                                 EXHIBIT 10.25
                                 -------------

                                   AGREEMENT
                                   ---------

     WHEREAS, AMCOL International Corporation (the "Company") considers it
essential and in the best interests of the Company and its shareholders to
foster the continued employment of its key management personnel;

     WHEREAS, Gary L. Castagna ("Employee") is considered a key management
employee, currently serving as Senior Vice President, Chief Financial Officer
and Treasurer of AMCOL International Corporation.

     WHEREAS, the Company desires to assure the future continuity of Employee's
services in the event of any actual or threatened "Change in Control" (as
defined in Section 6 below) of the Company.

     IT IS THEREFORE AGREED AS FOLLOWS:

     1.   Effect of Agreement. This Agreement shall be effective and binding
immediately upon its execution. However, except as specifically provided herein,
this Agreement shall not alter materially Employee's duties and obligations to
the Company and the remuneration and benefits which Employee may reasonably
expect to receive from the Company in the absence of a Change in Control.

     2.   Employment On and After Change in Control. Provided that the employee
is an employee of the Company immediately prior to a Change in Control, the
Company shall employ Employee, and Employee shall accept such employment,
effective upon such Change in Control for a period of thirty-six (36) months
after said Change in Control subject to the terms and conditions stated herein.
For purposes of this paragraph only, employment by a current or former
subsidiary of the Company, is the same as employment by the Company on or after
a Change in Control.

     3.   Duties After Change in Control. Employee agrees that during the term
of his employment with the Company after a Change in Control, he shall perform
the duties described herein and such other duties for the Company and its
subsidiaries consistent with his experience and training as the Board of
Directors of the Company (the "Board") or the Board's representatives shall
determine from time to time, which duties shall be at least substantially equal
in status, dignity and character to his duties at the date hereof. He shall also
have the title of Senior Vice President, Chief Financial Officer and Treasurer
of AMCOL International Corporation. Employee further agrees to devote his entire
working time and attention to the business of the Company and/or its current or
former subsidiaries and use his best efforts to promote such business.

     4.   Compensation Prior to a Change in Control. Prior to a Change in
Control the Company agrees to pay Employee compensation for his services in an
amount, and to provide him with life insurance, disability, health and other
benefits, as agreed between Employee and the Company from time to time. For the
purpose of this Section, compensation does not include any bonus or other
incentive compensation plan or stock purchase plan, which may vary from year to
year at the discretion of the Company.

                                     -25-
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     5.   Termination of Employment Prior to a Change in Control. Employee shall
be entitled to terminate his employment prior to a Change in Control at any time
upon sixty (60) days prior written notice. The Company shall be entitled to
terminate Employee's employment at any time prior to a Change in Control with or
without cause upon sixty (60) days prior written notice (or the payment of
salary in lieu thereof). This Section shall not be construed to reduce any
accrued benefits payable in connection with any termination of Employee's
employment prior to a Change in Control.

     Nothing expressed or implied in this Agreement shall create any right or
duty on the part of the Company or Employee to have Employee remain in the
employment of the Company prior to a Change in Control.

     6.   Termination of Employment On or After a Change in Control.

          (a) For purposes of this Agreement the term "Change in Control" means
     the change in the legal or beneficial ownership of fifty-one percent (51%)
     of the shares of the Company's common stock within a six-month period other
     than by death or operation of law, or the sale of ninety percent (90%) or
     more of the Company's aggregate assets within a six-month period. Sale of
     the Company's stock in a subsidiary or a subsidiary's assets shall not be
     considered a Change in Control.

          (b) Employee's employment on and after a Change in Control may be
     terminated with just cause by the Company at any time upon not less than
     ten (10) days prior written notice. Prior to termination for just cause on
     and after a Change in Control, the Board of Directors shall by majority
     vote have declared that Employee's termination is for just cause
     specifically stating the basis for such determination. In the event such a
     termination occurs, the provisions of Section 9(a) shall apply.

          Employee's employment may be terminated on or after a Change in
     Control without just cause pursuant to the constructive termination
     procedures described in the next paragraph or by the Company giving
     Employee not less than thirty (30) days prior written notice. In the event
     Employee's employment is terminated pursuant to the preceding sentence:

               (i)  the provisions of Section 9(b) below shall apply; and

               (ii) although Employee's employment term shall be deemed
                    terminated at the end of such notice period (or, in the case
                    of a constructive termination described in the next
                    paragraph, as of the date Employee notifies the Company of
                    such termination), such termination shall in no way affect
                    the term of this Agreement or Employee's duties or other
                    obligations.

          For purposes of this Section 6(b), Employee shall be considered as
     having been terminated by the Company on or after a Change in Control for
     other than just cause

                                     -26-
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     provided that he has notified the Company of any of the following within
     thirty (30) days of the occurrence thereof:

               (i)    the assignment to Employee of any duties of lesser status,
                      dignity and character than his duties immediately prior to
                      the effective date of the Change in Control or a
                      substantial reduction in the nature or status of his
                      responsibilities from those in effect immediately prior to
                      the effective date of the Change in Control;

               (ii)   a post-Change in Control reduction by the Company in
                      Employee's annual base salary or bonus or incentive plan
                      (as in effect immediately prior to the effective date of
                      the Change in Control);

               (iii)  relocation of Employee's office to a location which is
                      more than 50 miles from the location in which Employee
                      principally works for the Company immediately prior to the
                      effective date of the Change in Control; the relocation of
                      the appropriate principal executive office of the Company
                      or the Company's operating division or subsidiary for
                      which Employee performed the majority of his services for
                      the Company during the year prior to the effective date of
                      the Change in Control to a location which is more than 50
                      miles from the location of such office immediately prior
                      to such date; or his being required by the Company, in
                      order to perform duties of substantially equal status,
                      dignity and character to those duties he performed
                      immediately prior to the effective date of the Change in
                      Control, to travel on the Company's business to a
                      substantially greater extent than is consistent with his
                      business travel obligations as of such date; or

               (iv)   the failure of the Company to continue to provide Employee
                      with benefits substantially equivalent to those enjoyed by
                      him under any of the Company's life insurance, medical,
                      health and accident or disability plans in which he was
                      participating immediately prior to the effective date of
                      the Change in Control, the taking of any action by the
                      Company which would directly or indirectly materially
                      reduce any of such benefits or deprive him of any material
                      fringe benefit enjoyed by him immediately prior to
                      effective date of the Change in Control, or the failure of
                      the Company to provide him with at least the number of
                      paid vacation days to which he is entitled on the basis of
                      years of service under the Company's normal vacation
                      policy in effect immediately prior to the effective date
                      of the Change in Control.

                                     -27-
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               v.     the elimination of the title of Sr. Vice-President of the
                      Company alone does not constitute a termination for those
                      individuals that remain presidents of subsidiaries.

          (c) In the event Employee's employment is terminated on or after a
     Change in Control in any manner not described in Section 6(b) above:

               (i)    the provisions of Section 9(b) shall not apply and
                      Employee shall instead receive the sums and benefits
                      described in Section 9(a); and

               (ii)   such termination shall in no way affect the term of this
                      Agreement or Employee's duties or other obligations.

          (d) Any termination of employment of Employee following the
     commencement of any discussions by a shareholder or group of shareholders
     owning legally or beneficially more than 20% of the common stock or an
     officially designated representative of the Board of Directors with a third
     party that results within 180 days in a Change in Control shall (unless
     such termination is for just cause or wholly unrelated to such discussions)
     be deemed to be a termination of Employee on and after a Change in Control
     for purposes of this Agreement.

     7.   Notice of Termination. Any termination by the Company or assertion of
termination by Employee shall be communicated by written notice of termination
to the other party at the following address:

                    AMCOL International Corporation
                    One North Arlington
                    1500 West Shure Drive
                    Arlington Heights, IL 60004
                    Attn: Chief Executive Officer

     8.   Disability. If as a result of Employee's incapacity due to physical or
mental illness, he shall have been absent from his duties with the Company for
one hundred eighty (180) days within any twelve-(l2)-consecutive-month period
and within thirty (30) days after written notice of the Company's intention to
terminate his employment is given, Employee shall not have returned to the
performance of his duties with the Company substantially on a full-time basis,
the Company may terminate his employment for disability. This shall not
constitute a termination for the purposes of obtaining benefits pursuant to
Section 9.

     9. Benefits Upon Termination And Leave Of Employment On or After Change in
the Control.

          (a) If Employee is terminated for just cause on or after a Change in
     Control, he shall only receive the accrued sums and benefits payable to him
     through the date he is terminated; the provisions of Section 9(b) below
     shall not be applicable in such case and

                                     -28-
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     Employee shall not receive (or shall cease receiving) the payments and
     benefits described in Section 9(b).

          (b) Subject to Employee's compliance with the provisions of this
     Agreement, if Employee is terminated during the thirty-six (36) month
     period beginning on and continuing after a Change in Control other than for
     just cause (either at the discretion of the Company's management or
     constructively by the operation of Section 6), he shall receive the
     following payments and benefits in lieu of any other sums or benefits
     otherwise, including severance or severance benefit payments payable to him
     by the Company. Any payments in accordance with any special retention or
     non-competition agreements, if any, shall be made in accordance with their
     terms.

               (i)   all then accrued pay, benefits, executive compensation and
                     fringe benefits, including (but not limited to) pro rata
                     bonus and incentive plan earnings;

               (ii)  medical, health and disability benefits which are
                     substantially similar to the benefits the Company is
                     providing him as of the date his employment is terminated
                     for a period of thirty-six (36) months thereafter; and

               (iii) one dollar less than three (3) times his base period
                     compensation.

          The foregoing payments and benefits shall be deemed compensation
     payable for the duties to be performed by Employee pursuant to this
     Agreement. For purposes of this Agreement, (A) Employee's "base period
     compensation" is the average annual "compensation" (as defined below) which
     was includable in his gross income for his base period (i.e., his most
     recent five taxable years ending before the date of the Change in Control);
     and (B) if Employee's base period includes a short taxable year or less
     than all of a taxable year, compensation for such short or incomplete
     taxable year shall be annualized before determining his average annual
     compensation for the base period. (In annualizing compensation, the
     frequency with which payments are expected to be made over an annual period
     shall be taken into account. Thus, any amount of compensation for such a
     short or incomplete taxable year that represents a payment that would not
     be made more than once per year shall not be annualized). For purposes of
     Section 9(iii) and the definitions pertaining to said Section, Employee's
     "compensation" is the compensation which was payable to him by the Company
     or a related entity determined without regard to the following Sections of
     the Internal Revenue Code of 1986, as amended (the "Code"): 125 (cafeteria
     plans), 402(a)(8) (cash or deferred arrangements), and in the case of
     employer contributions made pursuant to a salary reduction agreement,
     403(b) (tax sheltered annuities).

          Except for the benefits described in Section 9(b)(ii) above, the sums
     due pursuant to this Section 9(b) shall be paid in up to three (3) annual
     installments commencing thirty (30) days after the sums become due. If on
     or after the date any payment becomes due

                                     -29-
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     hereunder the Company at any time has a funded debt-to-total capitalization
     ratio which equals or exceeds 1.1, the Company shall secure its payment of
     the remaining annual installments with a letter of credit or other security
     instrument as shall be reasonably acceptable to Employee. Such letter of
     credit or other security instruments shall provide Employee with the
     ability to receive the remaining installment(s) only if his payment is
     delinquent. All sums due shall be subject to appropriate withholding and
     statutory requirements. Employee shall not be required to mitigate the
     amount of any payment provided for in this Section 9(b) by seeking other
     employment or otherwise. Notwithstanding anything stated in this Section
     9(b) to the contrary, the Company shall not be required to provide medical,
     health and/or disability benefits to the extent such benefits would
     duplicate benefits received by Employee in connection with his employment
     with any new employer.

          Notwithstanding anything stated in this Agreement to the contrary, if
     the amounts which are payable and the benefits which are provided to
     Employee under this Agreement, either alone or together with other payments
     which Employee has a right to receive from the Company or any of its
     affiliates, would constitute a "parachute payment" (as defined in Code
     Section 280G), such amounts and benefits shall be reduced, as necessary, to
     the largest amount as will result in no portion of said amounts and
     benefits being either not deductible as a result of Code Section 280G or
     subject to the excise tax imposed by Code Section 4999. The determination
     of any reduction in said amounts and benefits pursuant to the foregoing
     proviso shall be made by the Company in good faith, and such determination
     shall be conclusive and binding on Employee. The amounts provided to
     Employee under this Agreement in connection with a Change in Control, if
     any, shall be deemed allocated to such amounts and/or benefits to be paid
     and/or provided as the Company's Board of Directors in its sole discretion
     shall determine.

     10.  Special Situations. The parties recognize that under certain
circumstances a Change in Control may occur under conditions which make it
inappropriate for Employee to receive the termination benefits or protection set
forth in this Agreement. Therefore, in the event that a Change in Control occurs
for any one of the following reasons, the provisions of Sections 2, 6 and 9
shall not apply:

          (a) the purchase of more than fifty percent (50%) of the stock of the
     Company by an employee stock ownership plan or similar employee benefit
     plan of which Employee is a participant;

          (b) the purchase of more than fifty percent (50%) of the stock or
     ninety percent (90%) of the assets of the Company by a group of individuals
     or entities including Employee as a member or participant, including but
     not limited to those transactions commonly known as a leveraged or other
     forms of management buy-outs; or

          (c) A transaction or series of transactions involving the Company,
     whether by way of a merger, exchange, sale or other method, where the party
     ultimately acquiring the Company's bentonite business offers to the
     Company's shareholders the opportunity to buy shares of its capital stock
     as part of the transaction.

                                     -30-
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     11.  Dispute. Any dispute arising under this Agreement shall be promptly
submitted to arbitration under the Rules of the American Arbitration
Association. An arbitrator is to be mutually agreed upon by the parties or upon
failure of agreement, designated by the American Arbitration Association.

     12.  Other Agreements. Except to the extent expressly set forth herein,
this Agreement shall not modify or lessen any benefit or compensation to which
Employee is entitled under any agreement between Employee and the Company or
under any plan maintained by the Company in which he participates or
participated. Benefits or compensation shall be payable thereunder, if at all,
according to the terms of the applicable plan(s) or agreement(s). The terms of
this Agreement shall supersede any existing agreement between Employee and the
Company executed prior to the date hereof to the extent any such Agreement is
inconsistent with the terms hereof. Payments pursuant to this Agreement are in
lieu of any severance payments.

     13.  Successors; Binding Agreement. The Company will require any successor
(whether direct or indirect by purchase, merger, consolidation or otherwise, to
all or substantially all of the business and/or assets of the Company) to
expressly assume and agree to perform this Agreement in the same manner and to
the same extent that the Company would be required to perform it if no such
succession had taken place.

     This Agreement shall inure to the benefit of and be enforceable by
Employee's personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees.

     14.  Miscellaneous. This Agreement may not be modified or discharged unless
such waiver, modification or discharge is agreed to in writing and signed by
Employee and such officers of the Company as may be specifically designated by
its Board for that purpose. Except for any failure to give the thirty (30) day
notice described in Section 6(b) above, the failure of either party to this
Agreement to object to any breach by the other party or the non-breaching
party's conduct or conduct forbearance shall not constitute a waiver of that
party's rights to enforce this Agreement. No waiver by either party hereto at
any time of any breach by the other party hereto of, or compliance with, any
condition or provision of this Agreement to be performed by such other party
shall be deemed a waiver of any subsequent breach by such other party or any
similar or dissimilar provisions or conditions at the same or any prior or
subsequent time. No agreements or representations, oral or otherwise, express or
implied, with respect to the subject matter hereof have been made by either
party which are not expressly set forth in this Agreement. The validity,
interpretation, construction and performance of this Agreement shall be governed
by the laws of the State of Illinois.

     15.  Survival. The obligations of the parties under this Agreement shall
survive the term of this Agreement.

     16.  Term of Agreement. The term of this Agreement shall commence on April
15, 2001 and end on April 14, 2004; provided, however, that in the event
Employee's employment is terminated while this Agreement is in force, this
Agreement shall terminate when the Company has made all payments to Employee
required by Section 9 hereof and Employee has complied with the duties and
obligations described herein.

                                     -31-
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Date: _______________

EMPLOYEE                        AMCOL INTERNATIONAL CORPORATION

______________________________  By   _________________________________
Gary L. Castagna
                                Its: _________________________________

                                     -32-<PAGE>

                                                                    Exhibit 10.1

                        EXECUTIVE EMPLOYMENT AGREEMENT

     This Agreement is made as of the latest date indicated below between iGATE
Capital Corporation, a Pennsylvania corporation (hereinafter called the
"Company") and the undersigned employee, Michael J. Zugay (hereinafter called
the "Executive").

     WHEREAS, this Agreement is a term and condition of Executive's continued
employment and is made in consideration for such employment, wages and benefits
offered to Executive contemporaneously with this Agreement and for the grant of
a restricted stock award offered to Executive; and

     WHEREAS, this Agreement is necessary for the protection of Company's
legitimate and protectible business interests in its customers, prospective
customers, accounts and confidential, proprietary and trade secret information.

     NOW THEREFORE, for the consideration set forth herein, the receipt and
sufficiency of which are acknowledged by the parties, and intending to be
legally bound hereby, Company and Executive agree as follows:

     1.   DEFINITIONS.  As used herein:
          -----------

          (a)  "Company" shall mean iGATE Capital Corporation and any affiliate
or joint venture of iGATE Capital Corporation including any direct or indirect
parent or subsidiary of iGATE Capital Corporation, as well as any of their
respective operating divisions.

          (b)  "Confidential Information" shall include, but is not necessarily
limited to, any information which may include, in whole or part, information
concerning Company's accounts, sales, sales volume, sales methods, sales
proposals, customers or prospective customers, prospect lists, Company manuals,
formulae, products, processes, methods, financial information or data,
compositions, ideas, improvements, inventions, research, computer programs,
computer related information or data, system documentation, software products,
patented products, copyrighted information, know how and operating methods and
any other trade secret or proprietary information belonging to the Company or
relating to the Company's affairs that is not public information.

          (c)  "Customer(s)" shall mean any individual, corporation,
partnership, business or other entity, whether for-profit or not-for-profit (i)
whose existence and business is known to Executive as a result of Executive's
access to the Company's business information, Confidential Information, customer
lists or customer account information; (ii) that is a business entity or
individual with whom the Company has contracted or negotiated during the one (1)
year period preceding the termination of Executive's employment; or (iii) who is
or becomes a prospective client, customer or acquisition candidate of the
Company during the period of Executive's employment.
<PAGE>

          (d)  "Competing Business" shall mean any individual, corporation,
partnership, business or other entity which operates or attempts to operate a
business which provides, designs, develops, markets, engages in, invests in,
produces or sells any products, services, or businesses which are the same or
similar to those produced, marketed, invested in or sold by the Company.

     2.   DUTIES.  Executive, who is employed as an at-will employee in the
          ------
position set forth on Schedule A hereof as of the date of this Agreement, agrees
to be responsible for such duties as are commensurate with and required by such
position and any other duties as may be assigned to Executive by Company from
time to time. Executive further agrees to perform Executive's duties in a
diligent, trustworthy, loyal, businesslike, productive, and efficient manner and
to use Executive's best efforts to advance the business and goodwill of Company.
Executive further agrees to devote all of Executive's business time, skill,
energy and attention exclusively to the business of the Company and to comply
with all rules, regulations and procedures of the Company. During the term of
this Agreement, Executive will not engage in any other business for Executive's
own account or accept any employment from any other business entity, or render
any services, give any advice or serve in a consulting capacity, whether
gratuitously or otherwise, to or for any other person, firm or corporation,
other than as a volunteer for charitable organizations, without the prior
written approval of Company, which shall not be unreasonably withheld.

     3.   COMPENSATION.  Executive's annual base salary and other compensation
          ------------
as of the date of this Agreement are as set forth on Schedule A hereto. Said
wages and compensation are subject to being reviewed and modified annually by
the Company. The Company shall be entitled to withhold from any payments to
Executive pursuant to the provisions of this Agreement any amounts required by
any applicable taxing or other authority, or any amounts loaned to Executive by
the Company.

     4.   BENEFITS.  Executive is eligible for the standard Company benefits
          --------
which the Company may modify from time to time. Executive is also entitled to
four (4) weeks of paid vacation per year. In addition, the Company will also
allow Executive paid time off and the reimbursement of actual costs of Executive
obtaining forty (40) hours of continuing education credits in order to maintain
Executive's CPA certificate in the Commonwealth of Pennsylvania.

     5.   RESTRICTED STOCK AWARD.
          ----------------------

          (a)  Subject to the terms and conditions of this Agreement, the
Company shall grant Employee a Restricted Stock Award in the amount of One
Hundred Fifty Thousand (150,000) shares (the "Restricted Stock") of common stock
of the Company pursuant to the Company's Stock Incentive Plan (the "Plan") as
currently in effect. The effective date of this grant shall be April 2, 2001.
Initially, all such shares of Restricted Stock shall be Unvested Restricted
Stock (as defined in the Plan). As such, Executive shall have the benefit of the
rights associated with the shares subject to the Restricted Stock Award as
described in Section 10 of the Plan and shall be bound by the restrictions of
transferability set forth therein. The shares of Unvested Restricted Stock shall
become vested and no longer subject to a risk of forfeiture in accordance with
the vesting schedule as shown on Schedule B. However, the entire amount of the
Unvested Restricted Shares shall accelerate and become immediately vested: (i)
upon a sale

                                      -2-                        (Initial _____)
<PAGE>

or transfer of fifty percent (50%) or more of the then outstanding shares of
capital stock of the Company (a "Change In Control Event"), provided, the
Company's obligations with respect to Executive's Restricted Stock are not
continued or otherwise assumed on similar terms by the Company or any successor
thereof: or (ii) following a Change In Control Event, on the date of termination
of Executive's employment by the Company or any successor thereof for any
reason, provided such termination occurs prior to the one year anniversary of
the date of the Change In Control Event.

          (b)  For the purpose of addressing any tax withholding
obligation that may arise in connection with the Restricted Stock Award, the
Company agrees to make available to Executive a loan of up to forty (40%)
percent of the fair market value of the stock grant as determined by the closing
price of the stock as of Friday, March 30, 2001. Any such loan shall be full
recourse, shall bear interest at the commercial lending rate then being used by
PNC Bank, N.A. and shall be secured by a pledge of the shares subject to the
Restricted Stock Award. The principal amount of the loan shall be due and
payable no later than December 31, 2003 or, in the event that Executive's
employment is terminated by the Company for any reason, on the date of
termination of Executive's employment with the Company, and the Company may
reduce the Severance Benefit owed to Employee by an amount sufficient to satisfy
this payment. No less than forty (40%) of any gross proceeds realized by
Executive from the sale of any shares of stock granted pursuant to the
Restricted Stock Award shall be applied by Executive toward the principal of the
loan. The interest on the loan will be paid by Executive at the end of every
quarter beginning on June 30, 2001.

     6.   POLICIES AND PRACTICES.  Executive agrees to abide by all Company
          ----------------------
rules, regulations, policies, practices and procedures which the Company may
amend from time to time.

     7.   AGREEMENT NOT TO COMPETE.  In order to protect the business interests
          ------------------------
and good will of the Company with respect to Customers and accounts, and to
protect Confidential Information, Executive covenants and agrees that for the
entire period of time that this Agreement remains in effect, and for a period of
one (1) year after termination of Executive's employment for any reason,
Executive will not:

          (a)  directly or indirectly contact any Customer of the Company for
the purpose of soliciting such Customer to purchase, lease or license a product
or service that is the same as, similar to, or in competition with those
products and/or services made, rendered, offered or under development by
Company;

          (b)  directly or indirectly employ, or knowingly permit any company or
business directly or indirectly controlled by Executive to employ any person who
is employed by Company at any time during the term of this Agreement, or in any
manner facilitate the leaving of any such person from his or her employment with
Company;

          (c)  directly or indirectly interfere with or attempt to disrupt the
relationship, contractual or otherwise, between the Company and any of its
employees or solicit, induce, or attempt to induce employees of the Company to
terminate employment with the Company and

                                      -3-                        (Initial _____)
<PAGE>

become self-employed or employed with others in the same or similar business or
any product line or service provided by Company; or

          (d)  directly or indirectly engage in any activity or business as a
consultant, independent contractor, agent, employee, officer, partner, director
or otherwise, alone or in association with any other person, corporation or
other entity, in any Competing Business operating within the United States or
any other country where the Executive has worked and/or conducted business for
the Company within the one (1) year period prior to the termination of
Executive's employment.

         Executive acknowledges that the Company is engaged in business
throughout the United States, as well as in other countries and that the
marketplace for the Company's products and services is worldwide. Executive
further covenants and agrees that the geographic, length of term and types of
activities restrictions (non-competition restrictions) contained in this
Agreement are reasonable and necessary to protect the legitimate business
interests of the Company because of the scope of the Company's business.

         In the event that a court of competent jurisdiction shall determine
that one or more of the provisions of this Paragraph 7 is so broad as to be
unenforceable, then such provision shall be deemed to be reduced in scope or
length, as the case may be, to the extent required to make this Paragraph
enforceable. If the Executive violates the provisions of this Paragraph 7, the
periods described therein shall be extended by that number of days which equals
the aggregate of all days during which at any time any such violations occurred.
Executive acknowledges that the offer of employment by the Company, or any other
consideration offered for signing this agreement, is sufficient consideration
for Executive's agreement to the restrictive covenants set forth in this
Paragraph 7. Executive agrees that Executive's signing of an Employment
Agreement containing the restrictive covenants set forth herein was a condition
precedent to Executive's continued employment with Company.

     8.   NONDISCLOSURE AND NONUSE OF CONFIDENTIAL INFORMATION.  The Executive
          ----------------------------------------------------
termination of such employment, not to communicate or divulge to any person,
firm, corporation or business entity, either directly or indirectly, and to hold
in strict confidence for the benefit of the Company, all Confidential
Information except that Executive may disclose such Information to persons,
firms or corporations who need to know such Information during the course and
within the scope of Executive's employment. Executive will not use any
Confidential Information for any purpose or for Executive's personal benefit
other than in the course and within the scope of Executive's employment.
Executive agrees to sign and abide by the terms and conditions of Company's
Confidential Information and Intellectual Property Protection Agreement, a copy
of which is attached hereto as Schedule C and incorporated as though fully set
forth herein.

     9.   TERMINATION.  This Agreement may be terminated by either party with or
          -----------
without cause under the following conditions:

                                      -4-                        (Initial _____)
<PAGE>

          (a)  With Cause Termination.  Executive may be terminated from
               ----------------------
employment with "cause". "Cause" shall mean (i) the commission of a crime
involving moral turpitude, theft, fraud or deceit; (ii) conduct which brings the
Company or any of its related entities into public disgrace or disrepute, (iii)
substantial or continued unwillingness to perform duties as reasonably directed
by Executive's supervisors or the Board of Directors; (iv) gross negligence or
deliberate misconduct; (v) any material breach of paragraphs 7 or 8 of this
Agreement, or Executive's Confidential Information and Intellectual Property
Protection Agreement; or (vi) Executive's own voluntary separation from
employment. Upon the occurrence of (ii), (iii) or (iv) above, the Company must
give thirty (30) days prior written notice to Executive stating the reason for
such termination and shall provide Executive an opportunity to remedy or cure
such cause during this thirty day (30) period provided that such cause can be
satisfactorily remedied or cured. If such cause is not remedied or cured during
this period, Company may terminate Executive's employment immediately. In the
event that Executive is terminated with "cause", the Company may immediately
cease payment of any further wages, benefits or other compensation hereunder.
Executive acknowledges that Executive has continuing obligations under this
Agreement including, but not limited to Paragraphs 7 and 8, in the event that
Executive is terminated with cause. Executive agrees to provide Company with
thirty (30) days notice should Executive voluntarily decide to separate from
Executives employment.

          (b)  Without Cause.  In the event that Executive's employment is
               -------------
terminated without cause, Executive will be paid six (6) months severance
("Severance Period") at Executive's last base salary, plus Executive's accrued
and unused vacation time. However, if a Change in Control Event occurs,
Executive's Severance Period shall be twelve (12) months at Executive's last
base salary plus Executive's accrued and unused vacation time. The payments
referenced herein, less appropriate deductions, will be paid as salary
continuation pursuant to the Company's regular schedule and payroll practices.
However, the accrued and unused vacation time will be paid in full within 30
days of the termination date. Executive shall also be entitled to continued
vesting during the Severance Period. Executive shall also be entitled to
continue in the Company's health, dental, vision and life insurance plans at the
same benefit level existing at the time of employment termination during the
Severance Period. In the event that Executive obtains employment with another
employer during the Severance Period and said new employer provides similar
benefits, Executive's right to receive further benefits (excluding salary and
vesting of options) shall terminate upon receipt of said benefits from
Executive's new employer. Executive shall not be entitled to any salary or
benefits other than those stated herein. Executive acknowledges Executive's
continuing obligations under this Agreement including, but not limited to
Paragraphs 7, and 8, in the event that Executive is terminated without cause.
Executive further acknowledges that the payment of any severance under this
Agreement is conditioned upon Executive first signing an agreement and release
of all claims against the Company in a form similar to the one attached hereto
as Schedule D.

     10.  TERM.  Executive's employment shall continue from year to year or
          ----
until such employment is terminated in accordance with the provisions of
Paragraph 9.

     11.  EQUITABLE RELIEF; FEES AND EXPENSES.  Executive stipulates and agrees
          -----------------------------------
that any breach of this Agreement by Executive will result in immediate and
irreparable harm to the Company, the amount of which will be extremely difficult
to ascertain, and that Company

                                      -5-                        (Initial _____)
<PAGE>

could not be reasonably or adequately compensated by damages in an action at
law. For these reasons, the Company shall have the right, without objection from
Executive, to obtain such preliminary, temporary or permanent injunctions or
restraining orders or decrees as may be necessary to protect the Company
against, or on account of, any breach by Executive of the provisions of this
Agreement without the need to post bond. Such right to equitable relief is in
addition to all other legal remedies Company may have to protect its rights. In
the event the Company obtains any such injunction, order, decree or other
relief, in law or in equity, Executive shall be responsible for reimbursing the
Company for all costs associated with obtaining the relief, including reasonable
attorneys' fees, and expenses and costs of suit. Executive further covenants and
agrees that any other of court or judgment obtained by the Company which
enforces the Company's rights under this Agreement may be transferred, without
objection or opposition by the Executive, to any court of law or other
appropriate law enforcement body located in any other state in the U.S.A. or any
other country in the world where Company does business, and that said court or
body shall give full force and effect to said order and or judgment.

     12.  EMPLOYMENT DISPUTE SETTLEMENT PROCEDURE-WAIVER OF RIGHTS.  In
          --------------------------------------------------------
consideration of the Company employing Executive and the wages and benefits
provided under this Agreement, Executive and the Company each agree that, in the
event either party (or its representatives, successors or assigns) brings an
action in a court of competent jurisdiction relating to Executive's recruitment,
employment with, or termination of employment from the Company, the plaintiff in
such action agrees to waive his, her or its right to a trial by jury, and
further agrees that no demand, request or motion will be made for trial by jury.

     In consideration of the Company employing Executive, and the wages and
benefits provided under this Agreement, Executive further agrees that, in the
event that Executive seeks relief in a court of competent jurisdiction for a
dispute covered by this Agreement, the Company may, at any time within 60 days
of the service of Executive's complaint upon the Company, at its option, require
all or part of the dispute to be arbitrated by one arbitrator in accordance with
the rules of the American Arbitration Association. Executive agrees that the
option to arbitrate any dispute is governed by the Federal Arbitration Act, and
is fully enforceable. Executive understands and agrees that, if the Company
exercises its option, any dispute arbitrated will be heard solely by the
arbitrator, and not by a court. The parties agree that the prevailing party
shall be entitled to have all of their legal fees paid by the non-prevailing
party. This pre-dispute resolution agreement will cover all matters directly or
indirectly related to Executive's recruitment, employment or termination of
employment by the Company; including, but not limited to, claims involving laws
against any form of discrimination whether brought under federal and/or state
law, and/or claims involving co-employees, but excluding Worker's Compensation
Claims.

     THE RIGHT TO A TRIAL, AND TO A TRIAL BY JURY, IS OF VALUE. YOU MAY WISH TO
CONSULT AN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT. IF SO, TAKE A COPY OF THIS
AGREEMENT WITH YOU. HOWEVER, YOU WILL NOT BE OFFERED EMPLOYMENT UNDER THIS
AGREEMENT UNTIL THIS AGREEMENT IS SIGNED AND RETURNED BY YOU.

                                      -6-                        (Initial _____)
<PAGE>

     13.  AMENDMENTS.  No supplement, modification, amendment or waiver of the
          ----------
terms of this Agreement shall be binding on the parties hereto unless executed
in writing by the party to be bound thereby. No waiver of any of the provisions
of this Agreement shall be deemed to or shall constitute a waiver of any other
provisions hereof (whether or not similar), nor shall such waiver constitute a
continuing waiver unless otherwise expressly provided. Any failure to insist
upon strict compliance with any of the terms and conditions of this Agreement
shall not be deemed a waiver of any such terms or conditions.

     14.  ACKNOWLEDGMENTS OF EXECUTIVE.  Executive hereby acknowledges and
          ----------------------------
agrees that: (a) this Agreement is necessary for the protection of the
legitimate business interests of the Company; (b) the restrictions contained in
this Agreement may be enforced in a court of law whether or not Executive is
terminated with or without cause or for performance related reasons; (c)
Executive has no intention of competing with the Company within the limitations
set forth above; (d) Executive has received adequate and valuable consideration
for entering into this Agreement; (e) Executive's covenants shall be construed
as independent of any other provision in this Agreement and the existence of any
claim or cause of action Executive may have against the Company, whether
predicated on this Agreement or not, shall not constitute a defense to the
enforcement by Company of these covenants; and (f) the execution and delivery of
this Agreement is a mandatory condition precedent to the Executive's receipt of
the consideration provided herein.

     15.  FULL UNDERSTANDING.  Executive acknowledges that Executive has been
          ------------------
afforded the opportunity to seek legal counsel, that Executive has carefully
read and fully understands all of the provisions of this Agreement and that
Executive, in consideration for the compensation set forth herein, is
voluntarily entering into this Agreement.

     16.  ENTIRE AGREEMENT.  This Agreement supercedes all prior agreements,
          ----------------
written or oral, between the parties hereto concerning the subject matter
hereof.

     17.  SEVERABILITY.  Whenever possible, each provision of this Agreement
          ------------
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be invalid,
illegal or unenforceable in any respect under any applicable law or rule in any
jurisdiction, such invalidity, illegality or unenforceability shall not affect
any other provision or any other jurisdiction, but this Agreement shall be
reformed, construed and enforced in such jurisdiction as if such invalid,
illegal or unenforceable provision had never been contained herein. The
restrictive covenants stated herein may be read as if separate and apart from
this Agreement and shall survive the termination of Executive's employment with
Company for any reason.

     18.  OTHER AGREEMENTS.  Executive represents and warrants that Executive is
          ----------------
not a party to or otherwise subject to or bound by the terms of any contract,
agreements or understandings that would affect Executive's right or abilities to
perform under this Agreement. Executive specifically represents that Executive
will not use any confidential information obtained from Executive's prior
employer(s) in the performance of Executive's duties herein and is not subject
to any other restrictive covenants or non-competition agreements.

                                      -7-                        (Initial _____)
<PAGE>

     19.  CHOICE OF LAW, JURISDICTION AND VENUE.  The parties agree that this
          -------------------------------------
Agreement shall be deemed to have been made and entered into in Allegheny
County, court or arbitrator geographically located in Allegheny County,
Pennsylvania. The Executive hereby waives any objections to the jurisdiction and
venue of the courts in or for Allegheny County, Pennsylvania, including any
objection to personal jurisdiction, venue, and/or forum non-conveniens, in any
proceeding by the Company to enforce its rights hereunder filed in or for
Allegheny County, Pennsylvania. Executives from a forum or court not located in
Allegheny County, Pennsylvania.

     20.  SUCCESSORS IN INTEREST.  This Agreement shall be binding upon and
          ----------------------
shall inure to the benefit of the successors, assigns, heirs and legal
representatives of the parties hereto. The Company shall have the right to
assign this Agreement in connection with a merger, consolidation or
restructuring involving the Company, or a sale or transfer of the business
and/or any assets of the Company, and Executive agrees to be obligated by this
Agreement to any successor, assign or surviving entity. Any successor to the
Company is an intended third party beneficiary of this Agreement. Executive may
not assign this Agreement.

     21.  NOTICES.  All notices, requests, demands or other communications by
          -------
the terms hereof required or permitted to be given by one party to the other
shall be given in writing by personal delivery or by registered mail, postage
prepaid, addressed to such other party or delivered to such other party as
follows:

          (a)  to Company at:

                    Foster Plaza 10
                    680 Andersen Drive
                    Pittsburgh, PA  15220

                    Attention:  President or Chairman of the Board

          (b)  to the Executive at:

                    221 University Drive
                    Aliquippa, PA  15001

                    Attention:  Executive

or at such other address as may be given by either of them to the other in
writing from time to time, and such notices, requests, demands, acceptances or
other communications shall be deemed to have been received when delivered or, if
mailed, three (3) Business Days after the day of mailing thereof; provided that
if any such notice, request, demand or other communication shall have been
mailed and if regular mail service shall be interrupted by strikes or other
irregularities, such notices, requests, demands or other communications shall be
deemed to have been received when delivered or, if mailed, three (3) Business
Days from the day of the resumption of normal mail service.

                                      -8-                        (Initial _____)
<PAGE>

     22.  COUNTERPARTS; TELECOPY.  This Agreement may be executed in
          ----------------------
counterparts, each of which will be deemed an original, but all of which
together will constitute one and the same instrument. Delivery of executed
signature pages by facsimile transmission will constitute effective and binding
execution and delivery of this Agreement.

     23.  HEADINGS.  The headings used in this Agreement are for convenience
          --------
only and are not to be considered in construing or interpreting this Agreement.

     24.  DRAFTER PROVISION.  The parties agree that they have both had the
          -----------------
opportunity to review and negotiate this Agreement, and that any inconsistency
or dispute related to the interpretation of any of the provisions of this
Agreement shall not be construed against either party.

     25.  SURVIVABILITY.  The terms of this Agreement survive the termination of
          -------------
Executive's employment with Company for any reason.

     I ACKNOWLEDGE THAT I HAVE CAREFULLY READ AND FULLY UNDERSTAND ALL OF THE
PROVISIONS OF THIS AGREEMENT AND THAT I AM VOLUNTARILY ENTERING INTO THIS
AGREEMENT.

iGATE CAPITAL CORPORATION:                  EXECUTIVE:

By:
         -----------------------------      ------------------------------------

Date:                                       Date:
         -----------------------------                --------------------------

Witness:                                    Witness:
         -----------------------------                --------------------------

Date:                                       Date:
         -----------------------------                --------------------------

                                      -9-                        (Initial _____)
<PAGE>

                                  Schedule A

1.   Position: Senior Vice President and Chief Financial Officer of iGATE
     Capital Corporation (the "Company"), reporting directly to the CEO and
     President of the Company.

2.   Base Salary: $300,000 (Three hundred thousand dollars) per annum from April
     1, 2001 through December 31, 2002. Thereafter, Executive's base salary
     shall be determined in good faith by the Company's Board of Directors and
     the CEO or President.

3.   Bonus: $75,000 (Seventy five thousand dollars) per annum from April 1, 2001
     through December 31, 2002. One hundred percent (100%) of the bonus is
     contingent and will be based upon the attainment of revenue and operating
     margin targets of the Company. The bonus will be paid quarterly throughout
     the period on or before the last day of the month following the close of a
     quarter and will be calculated on a cumulative calendar year basis.

4.   Expenses: The Company will reimburse all properly documented business
     expenses reasonably related to Executive's performance of Executive's
     duties hereunder.

5.   Stock Options: Executive's current stock options pursuant to the iGATE
     Capital Corporation Amended and Restated Stock Incentive Plan and the
     Executive's Stock Option Agreements shall remain in full force and effect,
     including their original vesting schedule.

BY:  iGATE Capital Corporation                      BY:

-------------------------------                     ----------------------------
Sunil Wadhwani / CEO                                Michael Zugay
<PAGE>

                                  Schedule B
                          Vesting of Restricted Stock

<TABLE>
<CAPTION>
                                            Number of Shares                     Remaining
                                              that become                  Number of Restricted
        Vesting Date                         Unrestricted                         Shares
-----------------------------         --------------------------      ------------------------------
<S>                                   <C>                             <C>
April 30, 2001                                 #  4,550                        #145,450
May 31, 2001                                      4,550                         140,900
June 30, 2001                                     4,550                         136,350
July 31, 2001                                     4,550                         131,800
August 31, 2001                                   4,550                         127,250
September 30, 2001                                4,550                         122,700
October 31, 2001                                  4,550                         118,150
November 30, 2001                                 4,550                         113,600
December 31, 2001                                 4,550                         109,050
January 31, 2002                                  4,550                         104,500
February 28, 2002                                 4,550                          99,950
March 31, 2002                                    4,550                          95,400
April 30, 2002                                    4,550                          90,850
May 31, 2002                                      4,550                          86,300
June 30, 2002                                     4,550                          81,750
July 31, 2002                                     4,550                          77,200
August 31, 2002                                   4,550                          72,650
September 30, 2002                                4,550                          68,100
October 31, 2002                                  4,550                          63,550
November 30, 2002                                 4,550                          59,000
December 31, 2002                                 4,550                          54,450
January 31, 2003                                  4,550                          49,900
February 28, 2003                                 4,550                          45,350
March 31, 2003                                    4,550                          40,800
April 30, 2003                                    4,550                          36,250
May 31, 2003                                      4,550                          31,700
June 30, 2003                                     4,550                          27,150
July 31, 2003                                     4,550                          22,600
August 31, 2003                                   4,550                          18,050
September 30, 2003                                4,550                          13,500
October 31, 2003                                  4,550                           8,950
November 30, 2003                                 4,550                           4,400
December 31, 2003                                 4,400                               0
                                               --------

     Grand Total                               #150,000
                                               ========
</TABLE>

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