Document:

Unassociated Document

    EMPLOYMENT
      AGREEMENT

     

    THIS
      AGREEMENT
      is dated
      February 8, 2008 (the “Effective
      Date”)
      by and
      between GEEKS
      ON CALL HOLDINGS, INC, a
      Delaware corporation (“GEEKS
      ON CALL”)
      and
RICHARD
      COLE
      (“Executive”).

    

    In
      consideration of the mutual covenants contained herein, and for such other
      good
      and valuable consideration, the receipt and sufficiency of which are hereby
      conclusively acknowledged, the parties, intending to be legally bound, agree
      as
      follows:

    

    1. Employment
      and Duties.
      GEEKS ON
      CALL hereby agrees to employ Executive as the Chief Executive Officer of GEEKS
      ON CALL (the “CEO”), and Executive hereby accepts such employment, on the terms
      and conditions hereinafter set forth. During the Employment Period (as defined
      below), Executive shall serve as CEO and shall report to the Board of Directors
      of the Company (the “Board”). Executive shall have those powers and duties
      customarily associated with the position of CEO of entities comparable to GEEKS
      ON CALL and such other powers and duties as may be prescribed by the
      Board.

    

    2. Term.
      The term
      of this Agreement (the “Term”) shall commence on the Effective Date and run for
      a term of 5 years. This Term may be extended by the mutual agreement of both
      parties unless the Executive is terminated as provided in Section 6 (the
“Employment
      Period”).

    

    3. Extent
      of Services.
      During
      the Term and any extension thereof, Executive shall devote his full time and
      efforts to the performance, to the best of his abilities, of such duties and
      responsibilities, as described in Section 1 above, and as the Board shall
      determine, consistent therewith.

    

    4. Compensation.

    

    (a) Salary.
      Executive shall be paid Two Hundred Seventy-Five Thousand Dollars ($275,000.00)
      on an annualized basis (the “Base
      Salary”)
      in
      accordance with GEEKS ON CALL’s normal payroll practices, and subject to all
      lawfully required withholding. The base salary may be increased annually as
      determined by the Board in its sole discretion; provided, however, that the
      Base
      Salary shall be increased on each anniversary of the Effective Date by a
      cost-of-living increase of not less than 3% of the prior year’s Base
      Salary.

    

    (b) Bonus.
      In
      addition to the Base Salary, the Board and the Executive will agree upon
      milestones for bonus achievement. The actual bonus amount will be determined
      by
      the Board in consultation with the Executive. 

    

    (c) Executive
      Participation in GEEKS ON CALL Staff Benefits Plans.
      Following the Effective Date, Executive shall be entitled to participate in
      any
      group health programs and other benefit plans, which may be instituted from
      time-to-time for GEEKS ON CALL employees, and for which Executive qualifies
      under the terms of such plans and an annual physical at the Executive Evaluation
      Center, Norfolk, VA. All such benefits shall be provided on the same terms
      and
      conditions as generally apply to all other GEEKS ON CALL employees under these
      plans and may be modified by GEEKS ON CALL from time-to-time.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (d) Expenses.
      Executive shall be reimbursed by GEEKS ON CALL for all ordinary, reasonable,
      customary and necessary expenses incurred by him in the performance of his
      duties and responsibilities. Executive agrees to prepare documentation for
      such
      expenses as may be necessary for GEEKS ON CALL to comply with the applicable
      rules and regulations of the Internal Revenue Service. 

     

    (e) Equity
      Awards.
      

     

    (i) Stock
      Options.
      Immediately following consummation of GEEKS ON CALL’S contemplated reverse
      merger transaction with a to-be-identified public company (such transaction
      referred to herein as the “Reverse Merger”; and the entity which results from
      the Reverse Merger referred to herein as the “Merged Entity”), the Merged Entity
      shall grant Executive options to purchase 1,000,000 shares of the Merged
      Entity’s common stock (“Options”), pursuant to an Equity Incentive Plan to be
      adopted by the Merged Entity (the “Incentive Plan”). Such grant shall be
      evidenced by an Option Agreement, as contemplated by the Incentive Plan. The
      per
      share exercise price of the Options shall be $1.00, which represents the
      contemplated fair market value per share of the Merged Entity’s common stock on
      the date of the contemplated Reverse Merger. The term of the Option shall be
      six
      years from the Effective Date. Twenty-Percent (20%) of the Options shall become
      exercisable immediately and Twenty Percent (20%) of the remaining Options shall
      become exercisable on each anniversary of the Effective Date that Executive
      remains employed by the Merged Entity. Upon a change of control, defined as
      a
      change of a controlling interest in the Merged Entity (over 50% of the voting
      shares) all unvested Options will immediately vest.

     

    (ii) Future
      Grants.
      Executive shall be eligible for grants of Options, restricted stock and other
      permissible awards under the Incentive Plan, as the Board or Compensation
      Committee of the Merged Entity shall, in its absolute and sole discretion,
      determine.

     

    (f) Automobile.
      During
      the Term, GEEKS ON CALL shall also provide Executive with the use of a company
      automobile satisfactory to Executive.

     

    5. Vacation.
      At full
      pay and without any adverse effect to his compensation, provided all other
      terms
      and conditions of this Agreement are satisfied, Executive shall be entitled
      to
      four (4) weeks of vacation for each full calendar year during the term of this
      Agreement. 

    

    6. Termination.
      Executive’s employment by GEEKS ON CALL shall terminate under the following
      circumstances:

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (a) Death.
      If
      Executive dies, Executive’s employment shall be terminated effective as of the
      end of the calendar month during which Executive died.

     

    (b) Disability.
      In the
      event Executive, by reason of physical or mental incapacity, shall be
      substantially unable to perform his duties hereunder for a period of three
      (3)
      consecutive months, or for a cumulative period of six (6) months within any
      twelve (12) month period (such incapacity deemed to be “Disability”), GEEKS ON
      CALL shall have an option, at any time thereafter, to terminate Executive’s
      employment hereunder as a result of such Disability. Such termination will
      be
      effective ten (10) days after the Board gives written notice of such termination
      to Executive, unless Executive shall have returned to the full performance
      of
      his duties prior to the effective date of the notice. Upon such termination,
      Executive shall be entitled to any benefits as to which he and his dependents
      are entitled by law, and except as otherwise expressly provided herein, all
      obligations of GEEKS ON CALL hereunder shall cease upon the effectiveness of
      such termination other than payment of salary earned through the date of
      Disability, provided that such termination shall not affect or impair any rights
      Executive may have under any policy of long term disability insurance or
      benefits then maintained on his behalf by GEEKS ON CALL. Executive’s base salary
      shall continue to be paid during any period of incapacity prior to and including
      the date on which Executive’s employment is terminated for
      Disability.

     

    (c) Cause.
      GEEKS
      ON CALL shall have the right to terminate Executive's employment for “Cause.”
For purposes of this Agreement, “Cause” shall mean: 

     

    (i) the
      willful or continued failure by Executive to substantially perform his duties,
      including, but not limited to, acts of fraud, willful misconduct, gross
      negligence or other act of dishonesty;

     

    (ii) a
      material violation or material breach of this Agreement which is not cured
      within 30 days written notice to Executive;

     

    (iii) misappropriation
      of funds, properties or assets of GEEKS ON CALL by Executive or any action
      which
      has a materially adverse effect on GEEKS ON CALL or its business; 

     

    (iv) the
      conviction of, or plea of guilty or no contest to, a felony or any other crime
      involving moral turpitude, fraud, theft, embezzlement or dishonesty; or

     

    (v) abuse
      of
      drugs or alcohol which impairs Executive’s ability to perform his duties as set
      forth in Section 1 above. 

     

    (d) Good
      Reason.
      Executive may terminate his employment for “Good Reason.” For purposes of this
      Agreement, “Good Reason” shall mean: (i) a material diminution of Executive’s
      authority or duties with GEEKS ON CALL (other than as a result of Executive’s
      incapacity or disability); (ii) a reduction in Executive’s base salary; or (iii)
      if Executive must relocate his principal office more than one hundred (100)
      miles from any office that the Company is then maintaining for Executive as
      Executive’s principal office. Prior to Executive terminating his employment with
      GEEKS ON CALL for “Good Reason,” Executive must provide written notice to GEEKS
      ON CALL that such “Good Reason” exists and setting forth, in detail, the grounds
      Executive believes constitutes such “Good Reason” (a “Good Reason Notice”). If
      GEEKS ON CALL does not cure the grounds upon which Executive believes “Good
      Reason” exists within thirty (30) days after being provided with notice by
      Executive, then Executive’s employment shall be deemed
      terminated.

    
      
        
        

      

      
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    (e) Without
      Cause.
      GEEKS
      ON CALL shall have the right to terminate Executive’s employment hereunder
      without cause at any time by providing Executive with written notice of such
      termination, which termination shall take effect 10 days after the date such
      notice is provided. 

     

    (f) Voluntary
      Resignation.
      Executive shall have the right to terminate his employment hereunder by
      providing GEEKS ON CALL with a written notice of resignation. Such notice must
      be provided 60 days prior to the date upon which Executive wishes such
      resignation to be effective. Upon receipt of such resignation, GEEKS ON CALL
      shall have the option to accelerate the resignation to a date prior to the
      expiration of the 60 day period.

     

    7. Payments
      Due Upon Termination.
      In the
      event Executive’s employment is terminated pursuant to Section 6(d) or (e)
      above, then (i) any unvested Options held by Executive shall immediately vest,
      (ii) GEEKS ON CALL shall continue pay to Executive his base salary as in effect
      on the date of termination for a period of eighteen (18) months and
      (iii) GEEKS ON CALL shall reimburse Executive for the costs of obtaining
      comparable medical benefits for eighteen (18) months, unless Executive obtains
      other employment which provides for comparable medical benefits as Executive
      received while employed by GEEKS ON CALL. In the event Executive’s employment is
      terminated for any other reason, then Executive shall be entitled to receive
      his
      base salary though the effective date of termination and GEEKS ON CALL shall
      reimburse Executive for any reasonable expenses previously incurred for which
      Executive had not been reimbursed prior to the termination of employment.
      Executive acknowledges and agrees that prior to receiving any payments under
      this Section, and as a material condition thereof, Executive shall, if requested
      by GEEKS ON CALL, sign and agree to be bound by a general release of claims
      against GEEKS ON CALL related to Executive’s employment (and termination of
      employment) with GEEKS ON CALL in such form as GEEKS ON CALL may deem
      appropriate. Upon Executive’s termination of employment for any reason, upon the
      request of the Board, he shall resign any memberships or positions that he
      then
      holds with GEEKS ON CALL. 

     

    8. Surrender
      of Books and Papers.
      Upon
      termination of this Agreement (irrespective of the time, manner, or cause of
      termination, be it for cause or otherwise), Executive shall immediately
      surrender to GEEKS ON CALL all books, records, or other written papers or
      documents entrusted to him or which he has otherwise acquired pertaining to
      GEEKS ON CALL and all other GEEKS ON CALL property in Executive’s possession,
      custody or control.

    
      
        
        

      

      
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    9. Inventions
      and Patents.
      Executive agrees that Executive will promptly from time-to-time fully inform
      and
      disclose to GEEKS ON CALL any and all ideas, concepts, copyrights, copyrightable
      material, developments, inventions, designs, improvements and discoveries of
      whatever nature that Executive may have or produce during the term of
      Executive’s employment under this Agreement that pertain or relate to the then
      current business of GEEKS ON CALL (the “Creations”), whether conceived by
      Executive alone or with others and whether or not conceived during regular
      working hours. All Creations shall be the exclusive property of GEEKS ON CALL
      and shall be “works made for hire” as defined in 17 U.S.C. §101, and GEEKS ON
      CALL shall own all rights in and to the Creations throughout the world, without
      payment of royalty or other consideration to Executive or anyone claiming
      through Executive. Executive hereby transfers and assigns to GEEKS ON CALL
      (or
      its designee) all right, title and interest in and to every Creation. Executive
      shall assist GEEKS ON CALL in obtaining patents or copyrights on all such
      inventions, designs, improvements and discoveries being patentable or
      copyrightable by Executive or GEEKS ON CALL and shall execute all documents
      and
      do all things necessary to obtain letters of patent or copyright, vest the
      GEEKS
      ON CALL with full and exclusive title thereto, and protect the same against
      infringement by others, and such assistance shall be given by Executive, if
      needed, after termination of this Agreement for whatever cause or reason.
      Executive hereby represents and warrants that Executive has no current or future
      obligation with respect to the assignment or disclosure of any or all
      developments, inventions, designs, improvements and discoveries of whatever
      nature to any previous Employer, entity or other person and that Executive
      does
      not claim any rights or interest in or to any previous unpatented or
      uncopyrighted developments, inventions, designs, improvements or
      discoveries.

    

    10. Trade
      Secrets, Non-Competition and Non-Solicitation.

    

    (a) Trade
      Secrets.
      Contemporaneous with the execution of this Agreement and during the term of
      employment under this Agreement, GEEKS ON CALL shall deliver to Executive or
      permit Executive to have access to and become familiar with various confidential
      information and trade secrets of GEEKS ON CALL, including without limitation,
      data, production methods, customer lists, product format or developments, other
      information concerning the business of GEEKS ON CALL and other unique processes,
      procedures, services and products of GEEKS ON CALL, which are regularly used
      in
      the operation of the business of the GEEKS ON CALL (the “Confidential
      Information”). Executive shall not disclose any of the Confidential Information
      that he receives from GEEKS ON CALL, or their clients and customers in the
      course of his employment with GEEKS ON CALL, directly or indirectly, nor use
      it
      in any way, either during the term of this Agreement or at any time thereafter,
      except as required in the course of employment with GEEKS ON CALL. Executive
      further acknowledges and agrees that Executive owes GEEKS ON CALL, a fiduciary
      duty to preserve and protect all Confidential Information from unauthorized
      disclosure or unauthorized use. All files, records, documents, drawings,
      graphics, processes, specifications, equipment and similar items relating to
      the
      business of GEEKS ON CALL, whether prepared by Executive or otherwise coming
      into Executive’s possession in the course of his employment with GEEKS ON CALL,
      shall remain the exclusive property of GEEKS ON CALL and shall not be removed
      from the premises of GEEKS ON CALL without the prior written consent of GEEKS
      ON
      CALL unless removed in relation to the performance of Executive’s duties under
      this Agreement. Any such files, records, documents, drawings, graphics,
      specifications, equipment and similar items, and any and all copies of such
      materials which have been removed from the premises of GEEKS ON CALL, shall
      be
      returned by Executive to GEEKS ON CALL. Executive further acknowledges that
      the
      covenants of Executive herein are intended to include the protection of the
      confidential information of each of GEEKS ON CALL’s customers and clients, that
      come into the possession of Executive as a result of his employment with GEEKS
      ON CALL, and that such customers and clients of GEEKS ON CALL shall be entitled
      to rely on and enforce these covenants against Executive for their own
      benefit.

     

    
      
        
        

      

      
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    (b) Non-Competition.
      Executive acknowledges that he will be provided with and have access to the
      Confidential Information, the unauthorized use or disclosure of which would
      cause irreparable injury to GEEKS ON CALL, willingness to enter into this
      Agreement is based in material part on Executive’s agreement to the provisions
      of this Section 10(b)
      and that
      Executive’s breach of the provisions of this Section would materially and
      irreparably damage GEEKS ON CALL. In consideration for GEEKS ON CALL’s
      disclosure of Confidential Information to Executive, Executive’s access to the
      Confidential Information, and the salary paid to executive by GEEKS ON CALL
      hereunder, Executive agrees that during the term of Executive’s employment with
      GEEKS ON CALL under this Agreement and for eighteen (18) months after the
      termination of Executive’s employment and regardless whether such termination is
      with or without cause, Executive shall not, directly or indirectly, either
      as an
      executive, employee, employer, consultant, agent, principal, partner,
      stockholder, corporate officer, director, advisor or in any other individual
      or
      representative capacity, engage or participate in any business that is in
      competition in any manner whatsoever with the Restricted Business. GEEKS ON
      CALL
      has committed and deployed, or undertaken significant development of, its
      managed solution. “Restricted Business” means any business conducted by GEEKS ON
      CALL, either itself or through GEEKS ON CALL at any time prior to, or during
      Executive’s employment pursuant to this Agreement.

    

    (c) Reasonableness
      of Restrictions.
      Executive acknowledges that the restrictions set forth in Section
      10(b)
      of this
      Agreement are reasonable in scope and necessary for the protection of the
      business and goodwill of GEEKS ON CALL. Executive agrees that should any portion
      of the covenants in Section
      10
      be
      unenforceable because of the scope thereof or the period covered thereby or
      otherwise, the covenant shall be deemed to be reduced and limited to enable
      it
      to be enforced to the maximum extent permissible under the laws and public
      policies applied in the jurisdiction in which enforcement is
      sought.

    

    (d) Soliciting
      Executives.
      Executive shall not during the term of this Agreement or for a period of
      eighteen (18) months after termination of Executive’s employment hereunder for
      any reason, whether by resignation, discharge or otherwise, either directly
      or
      indirectly, employ, enter into agreement with, or solicit the employment of,
      any
      employee of GEEKS ON CALL for the purpose of causing them to leave the
      employment of GEEKS ON CALL or take employment with any business that is in
      competition in any manner whatsoever with the business of GEEKS ON
      CALL.

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    (e) Injunctive
      Relief; Extension of Restrictive Period.
      In the
      event of a breach of any of the covenants by Executive or GEEKS ON CALL
      contained in this Agreement, it is understood that damages will be difficult
      to
      ascertain, and either party may petition a court of law or equity for injunctive
      relief in addition to any other relief which Executive or GEEKS ON CALL may
      have
      under the law, including but not limited to reasonable attorneys’
fees.

    

    11. Miscellaneous.

    

    (a) This
      Agreement shall be binding upon the parties and their respective heirs,
      executors, administrators, successors and assigns. Executive shall not assign
      any part of his rights under this Agreement without the prior written consent
      of
      GEEKS ON CALL.

    

    (b) This
      Agreement contains the entire agreement and understanding between the parties
      and supersedes any and all prior understandings and agreements between the
      parties regarding Executive’s employment.

    

    (c) No
      modification hereof shall be binding unless made in writing and signed by the
      party against whom enforcement is sought. No waiver of any provisions of this
      Agreement shall be valid unless the same is in writing and signed by the party
      against whom it is sought to be enforced, unless it can be shown through custom,
      usage or course of action.

    

    (d) This
      Agreement is executed in, and it is the intention of the parties hereto that
      it
      shall be governed by, the laws of the State of Virginia without giving effect
      to
      applicable conflict of laws provisions.

    

    (e) The
      provisions of this Agreement shall be deemed to be severable, and the invalidity
      or unenforceability of any provision shall not affect the validity or
      enforceability of the other provisions hereof.

    

    (f) Any
      notice or communication permitted or required by this Agreement shall be in
      writing and shall become effective upon personal service, or service by wire
      transmission, which has been acknowledged by the other party as being received,
      or two (2) days after its mailing by certified mail, return receipt requested,
      postage prepaid addressed as follows:

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    
      	
            	(1)	
              If
                to GEEKS ON CALL:

            

    

    

    Human
      Resources Director

    GEEKS
      ON
      CALL HOLDINGS, INC.

    814
      Kempsville Road

    Suite
      106

    Norfolk,
      VA 23502

    

    
      	
            	 	
              With
                a copy to:

            

    

     

    Harvey
      J.
      Kesner, Esq.

    Haynes
      and Boone, LLP

    153
      East
      53rd Street, Suite 4900

    New
      York,
      New York 10022

    Fax:
      212-918-8989

    

    
      	
            	(2)	
              If
                to Executive, to: 

            

    

    

    Richard
      T. Cole

    4040
      Timber Ridge Drive

    Virginia
      Beach, VA 23455

    

    (g)Non-Disparagement.
      Both
      parties acknowledge and agree not to defame or publicly criticize the services,
      business, integrity, veracity or personal or professional reputation of the
      other, in either a professional or personal manner, at any time during or
      following the employment period. With respect to GEEKS ON CALL, this shall
      include any officers, directors, partners, executives, employees,
      representatives or agents of GEEKS ON CALL, or of the Merged
      Entity.

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

    
      
        
        

      

      
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    IN
      WITNESS WHEREOF,
      GEEKS
      ON CALL and Executive have executed this Agreement
      as of the Effective Date.

    

    
      	
              GEEKS
                ON CALL HOLDINGS, INC.

            	 	
              EXECUTIVE

            
	 	 	 
	 	 	 
	
              By:
                /s/ Robert
                Crabb                                           

            	 	
              /s/
                Richard T.
                Cole                                                    

            
	
              Name:
                Robert Crabb

            	 	
              Richard
                T. Cole

            
	
              Title: 
                 Secretary

            	 	 

    

    
      
        
        

      

      
        9EMPLOYMENT
      AGREEMENT

     

    THIS
      AGREEMENT
      is dated
      February 8, 2008 (the “Effective
      Date”)
      by and
      between GEEKS
      ON CALL HOLDINGS, INC, a
      Delaware corporation (“GEEKS
      ON CALL”)
      and
RICHARD
      ARTESE
      (“Executive”).

     

    In
      consideration of the mutual covenants contained herein, and for such other
      good
      and valuable consideration, the receipt and sufficiency of which are hereby
      conclusively acknowledged, the parties, intending to be legally bound, agree
      as
      follows:

    

    1. Employment
      and Duties.
      GEEKS ON
      CALL hereby agrees to employ Executive as the Vice President Chief Information
      Officer of GEEKS ON CALL (the “CIO”), and Executive hereby accepts such
      employment, on the terms and conditions hereinafter set forth. During the
      Employment Period (as defined below), Executive shall serve as CIO and shall
      report to the Board of Directors of the Company (the “Board”). Executive shall
      have those powers and duties customarily associated with the position of CIO
      of
      entities comparable to GEEKS ON CALL and such other powers and duties as may
      be
      prescribed by the Board.

    

    2. Term.
      The term
      of this Agreement (the “Term”) shall commence on the Effective Date and run for
      a term of 5 years. This Term may be extended by the mutual agreement of both
      parties unless the Executive is terminated as provided in Section 6 (the
“Employment
      Period”).

    

    3. Extent
      of Services.
      During
      the Term and any extension thereof, Executive shall devote his full time and
      efforts to the performance, to the best of his abilities, of such duties and
      responsibilities, as described in Section 1 above, and as the Board shall
      determine, consistent therewith.

    

    4. Compensation.

    

    (a) Salary.
      Executive shall be paid One Hundred Fifty Thousand Dollars ($150,000.00) on
      an
      annualized basis (the “Base
      Salary”)
      in
      accordance with GEEKS ON CALL’s normal payroll practices, and subject to all
      lawfully required withholding. The base salary may be increased annually as
      determined by the Board in its sole discretion; provided, however, that the
      Base
      Salary shall be increased on each anniversary of the Effective Date by a
      cost-of-living increase of not less than 3% of the prior year’s Base
      Salary.

    

    (b) Bonus.
      In
      addition to the Base Salary, the Board and the Executive will agree upon
      milestones for bonus achievement. The actual bonus amount will be determined
      by
      the Board in consultation with the Executive. 

    

    (c) Executive
      Participation in GEEKS ON CALL Staff Benefits Plans.
      Following the Effective Date, Executive shall be entitled to participate in
      any
      group health programs and other benefit plans, which may be instituted from
      time-to-time for GEEKS ON CALL employees, and for which Executive qualifies
      under the terms of such plans and an annual physical at the Executive Evaluation
      Center, Norfolk, VA. All such benefits shall be provided on the same terms
      and
      conditions as generally apply to all other GEEKS ON CALL employees under these
      plans and may be modified by GEEKS ON CALL from time-to-time.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (d) Expenses.
      Executive shall be reimbursed by GEEKS ON CALL for all ordinary, reasonable,
      customary and necessary expenses incurred by him in the performance of his
      duties and responsibilities. Executive agrees to prepare documentation for
      such
      expenses as may be necessary for GEEKS ON CALL to comply with the applicable
      rules and regulations of the Internal Revenue Service. 

     

    (e) Equity
      Awards.
      

     

    (i) Stock
      Options.
      Immediately following consummation of GEEKS ON CALL’S contemplated reverse
      merger transaction with a to-be-identified public company (such transaction
      referred to herein as the “Reverse Merger”; and the entity which results from
      the Reverse Merger referred to herein as the “Merged Entity”), the Merged Entity
      shall grant Executive options to purchase 250,000 shares of the Merged Entity’s
      common stock (“Options”), pursuant to an Equity Incentive Plan to be adopted by
      the Merged Entity (the “Incentive Plan”). Such grant shall be evidenced by an
      Option Agreement, as contemplated by the Incentive Plan. The per share exercise
      price of the Options shall be $1.00, which represents the contemplated fair
      market value per share of the Merged Entity’s common stock on the date of the
      contemplated Reverse Merger. The term of the Option shall be six years from
      the
      Effective Date. Twenty-Percent (20%) of the Options shall become exercisable
      on
      each anniversary of the Effective Date that Executive remains employed by the
      Merged Entity. Upon a change of control, defined as a change of a controlling
      interest in the Merged Entity (over 50% of the voting shares) all unvested
      Options will immediately vest.

     

    (ii) Future
      Grants.
      Executive shall be eligible for grants of Options, restricted stock and other
      permissible awards under the Incentive Plan, as the Board or Compensation
      Committee of the Merged Entity shall, in its absolute and sole discretion,
      determine.

     

    5. Vacation.
      At full
      pay and without any adverse effect to his compensation, provided all other
      terms
      and conditions of this Agreement are satisfied, Executive shall be entitled
      to
      four (4) weeks of vacation for each full calendar year during the term of this
      Agreement. 

    

    6. Termination.
      Executive’s employment by GEEKS ON CALL shall terminate under the following
      circumstances:

     

    (a) Death.
      If
      Executive dies, Executive’s employment shall be terminated effective as of the
      end of the calendar month during which Executive died.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (b) Disability.
      In the
      event Executive, by reason of physical or mental incapacity, shall be
      substantially unable to perform his duties hereunder for a period of three
      (3)
      consecutive months, or for a cumulative period of six (6) months within any
      twelve (12) month period (such incapacity deemed to be “Disability”), GEEKS ON
      CALL shall have an option, at any time thereafter, to terminate Executive’s
      employment hereunder as a result of such Disability. Such termination will
      be
      effective ten (10) days after the Board gives written notice of such termination
      to Executive, unless Executive shall have returned to the full performance
      of
      his duties prior to the effective date of the notice. Upon such termination,
      Executive shall be entitled to any benefits as to which he and his dependents
      are entitled by law, and except as otherwise expressly provided herein, all
      obligations of GEEKS ON CALL hereunder shall cease upon the effectiveness of
      such termination other than payment of salary earned through the date of
      Disability, provided that such termination shall not affect or impair any rights
      Executive may have under any policy of long term disability insurance or
      benefits then maintained on his behalf by GEEKS ON CALL. Executive’s base salary
      shall continue to be paid during any period of incapacity prior to and including
      the date on which Executive’s employment is terminated for
      Disability.

     

    (c) Cause.
      GEEKS
      ON CALL shall have the right to terminate Executive's employment for “Cause.”
For purposes of this Agreement, “Cause” shall mean: 

     

    (i) the
      willful or continued failure by Executive to substantially perform his duties,
      including, but not limited to, acts of fraud, willful misconduct, gross
      negligence or other act of dishonesty;

     

    (ii) a
      material violation or material breach of this Agreement which is not cured
      within 30 days written notice to Executive;

     

    (iii) misappropriation
      of funds, properties or assets of GEEKS ON CALL by Executive or any action
      which
      has a materially adverse effect on GEEKS ON CALL or its business; 

     

    (iv) the
      conviction of, or plea of guilty or no contest to, a felony or any other crime
      involving moral turpitude, fraud, theft, embezzlement or dishonesty; or

     

    (v) abuse
      of
      drugs or alcohol which impairs Executive’s ability to perform his duties as set
      forth in Section 1 above. 

     

    (d) Good
      Reason.
      Executive may terminate his employment for “Good Reason.” For purposes of this
      Agreement, “Good Reason” shall mean: (i) a material diminution of Executive’s
      authority or duties with GEEKS ON CALL (other than as a result of Executive’s
      incapacity or disability); (ii) a reduction in Executive’s base salary; or (iii)
      if Executive must relocate his principal office more than one hundred (100)
      miles from any office that the Company is then maintaining for Executive as
      Executive’s principal office. Prior to Executive terminating his employment with
      GEEKS ON CALL for “Good Reason,” Executive must provide written notice to GEEKS
      ON CALL that such “Good Reason” exists and setting forth, in detail, the grounds
      Executive believes constitutes such “Good Reason” (a “Good Reason Notice”). If
      GEEKS ON CALL does not cure the grounds upon which Executive believes “Good
      Reason” exists within thirty (30) days after being provided with notice by
      Executive, then Executive’s employment shall be deemed terminated.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (e) Without
      Cause.
      GEEKS
      ON CALL shall have the right to terminate Executive’s employment hereunder
      without cause at any time by providing Executive with written notice of such
      termination, which termination shall take effect 10 days after the date such
      notice is provided. 

     

    (f) Voluntary
      Resignation.
      Executive shall have the right to terminate his employment hereunder by
      providing GEEKS ON CALL with a written notice of resignation. Such notice must
      be provided 60 days prior to the date upon which Executive wishes such
      resignation to be effective. Upon receipt of such resignation, GEEKS ON CALL
      shall have the option to accelerate the resignation to a date prior to the
      expiration of the 60 day period; provided however, GEEKS ON CALL shall continue
      to pay Executive his base salary through the 60 day period.

     

    7. Payments
      Due Upon Termination.
      In the
      event Executive’s employment is terminated pursuant to Section 6(d) or (e)
      above, then (i) any unvested Options held by Executive shall immediately vest,
      (ii) GEEKS ON CALL shall continue pay to Executive his base salary as in effect
      on the date of termination for a period of twelve (12) months and
      (iii) GEEKS ON CALL shall reimburse Executive for the costs of obtaining
      comparable medical benefits for twelve (12) months, unless Executive obtains
      other employment which provides for comparable medical benefits as Executive
      received while employed by GEEKS ON CALL. In the event Executive’s employment is
      terminated for any other reason, then Executive shall be entitled to receive
      his
      base salary though the effective date of termination and GEEKS ON CALL shall
      reimburse Executive for any reasonable expenses previously incurred for which
      Executive had not been reimbursed prior to the termination of employment.
      Executive acknowledges and agrees that prior to receiving any payments under
      this Section, and as a material condition thereof, Executive shall, if requested
      by GEEKS ON CALL, sign and agree to be bound by a general release of claims
      against GEEKS ON CALL related to Executive’s employment (and termination of
      employment) with GEEKS ON CALL in such form as GEEKS ON CALL may deem
      appropriate. Upon Executive’s termination of employment for any reason, upon the
      request of the Board, he shall resign any memberships or positions that he
      then
      holds with GEEKS ON CALL. 

     

    8. Surrender
      of Books and Papers.
      Upon
      termination of this Agreement (irrespective of the time, manner, or cause of
      termination, be it for cause or otherwise), Executive shall immediately
      surrender to GEEKS ON CALL all books, records, or other written papers or
      documents entrusted to him or which he has otherwise acquired pertaining to
      GEEKS ON CALL and all other GEEKS ON CALL property in Executive’s possession,
      custody or control.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    9. Inventions
      and Patents.
      Executive agrees that Executive will promptly from time-to-time fully inform
      and
      disclose to GEEKS ON CALL any and all ideas, concepts, copyrights, copyrightable
      material, developments, inventions, designs, improvements and discoveries of
      whatever nature that Executive may have or produce during the term of
      Executive’s employment under this Agreement that pertain or relate to the then
      current business of GEEKS ON CALL (the “Creations”), whether conceived by
      Executive alone or with others and whether or not conceived during regular
      working hours. All Creations shall be the exclusive property of GEEKS ON CALL
      and shall be “works made for hire” as defined in 17 U.S.C. §101, and GEEKS ON
      CALL shall own all rights in and to the Creations throughout the world, without
      payment of royalty or other consideration to Executive or anyone claiming
      through Executive. Executive hereby transfers and assigns to GEEKS ON CALL
      (or
      its designee) all right, title and interest in and to every Creation. Executive
      shall assist GEEKS ON CALL in obtaining patents or copyrights on all such
      inventions, designs, improvements and discoveries being patentable or
      copyrightable by Executive or GEEKS ON CALL and shall execute all documents
      and
      do all things necessary to obtain letters of patent or copyright, vest the
      GEEKS
      ON CALL with full and exclusive title thereto, and protect the same against
      infringement by others, and such assistance shall be given by Executive, if
      needed, after termination of this Agreement for whatever cause or reason.
      Executive hereby represents and warrants that Executive has no current or future
      obligation with respect to the assignment or disclosure of any or all
      developments, inventions, designs, improvements and discoveries of whatever
      nature to any previous Employer, entity or other person and that Executive
      does
      not claim any rights or interest in or to any previous unpatented or
      uncopyrighted developments, inventions, designs, improvements or
      discoveries.

    

    10. Trade
      Secrets, Non-Competition and Non-Solicitation.

    

    (a) Trade
      Secrets.
      Contemporaneous with the execution of this Agreement and during the term of
      employment under this Agreement, GEEKS ON CALL shall deliver to Executive or
      permit Executive to have access to and become familiar with various confidential
      information and trade secrets of GEEKS ON CALL, including without limitation,
      data, production methods, customer lists, product format or developments, other
      information concerning the business of GEEKS ON CALL and other unique processes,
      procedures, services and products of GEEKS ON CALL, which are regularly used
      in
      the operation of the business of the GEEKS ON CALL (the “Confidential
      Information”). Executive shall not disclose any of the Confidential Information
      that he receives from GEEKS ON CALL, or their clients and customers in the
      course of his employment with GEEKS ON CALL, directly or indirectly, nor use
      it
      in any way, either during the term of this Agreement or at any time thereafter,
      except as required in the course of employment with GEEKS ON CALL. Executive
      further acknowledges and agrees that Executive owes GEEKS ON CALL, a fiduciary
      duty to preserve and protect all Confidential Information from unauthorized
      disclosure or unauthorized use. All files, records, documents, drawings,
      graphics, processes, specifications, equipment and similar items relating to
      the
      business of GEEKS ON CALL, whether prepared by Executive or otherwise coming
      into Executive’s possession in the course of his employment with GEEKS ON CALL,
      shall remain the exclusive property of GEEKS ON CALL and shall not be removed
      from the premises of GEEKS ON CALL without the prior written consent of GEEKS
      ON
      CALL unless removed in relation to the performance of Executive’s duties under
      this Agreement. Any such files, records, documents, drawings, graphics,
      specifications, equipment and similar items, and any and all copies of such
      materials which have been removed from the premises of GEEKS ON CALL, shall
      be
      returned by Executive to GEEKS ON CALL. Executive further acknowledges that
      the
      covenants of Executive herein are intended to include the protection of the
      confidential information of each of GEEKS ON CALL’s customers and clients, that
      come into the possession of Executive as a result of his employment with GEEKS
      ON CALL, and that such customers and clients of GEEKS ON CALL shall be entitled
      to rely on and enforce these covenants against Executive for their own
      benefit.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    

    (b) Non-Competition.
      Executive acknowledges that he will be provided with and have access to the
      Confidential Information, the unauthorized use or disclosure of which would
      cause irreparable injury to GEEKS ON CALL, willingness to enter into this
      Agreement is based in material part on Executive’s agreement to the provisions
      of this Section 10(b)
      and that
      Executive’s breach of the provisions of this Section would materially and
      irreparably damage GEEKS ON CALL. In consideration for GEEKS ON CALL’s
      disclosure of Confidential Information to Executive, Executive’s access to the
      Confidential Information, and the salary paid to executive by GEEKS ON CALL
      hereunder, Executive agrees that during the term of Executive’s employment with
      GEEKS ON CALL under this Agreement and for one (1) year after the termination
      of
      Executive’s employment and regardless whether such termination is with or
      without cause, Executive shall not, directly or indirectly, either as an
      executive, employee, employer, consultant, agent, principal, partner,
      stockholder, corporate officer, director, advisor or in any other individual
      or
      representative capacity, engage or participate in any business that is in
      competition in any manner whatsoever with the Restricted Business. GEEKS ON
      CALL
      has committed and deployed, or undertaken significant development of, its
      managed solution. “Restricted Business” means any business conducted by GEEKS ON
      CALL, either itself or through GEEKS ON CALL at any time prior to, or during
      Executive’s employment pursuant to this Agreement.

    

    (c) Reasonableness
      of Restrictions.
      Executive acknowledges that the restrictions set forth in Section
      10(b)
      of this
      Agreement are reasonable in scope and necessary for the protection of the
      business and goodwill of GEEKS ON CALL. Executive agrees that should any portion
      of the covenants in Section
      10
      be
      unenforceable because of the scope thereof or the period covered thereby or
      otherwise, the covenant shall be deemed to be reduced and limited to enable
      it
      to be enforced to the maximum extent permissible under the laws and public
      policies applied in the jurisdiction in which enforcement is
      sought.

    

    (d) Soliciting
      Executives.
      Executive shall not during the term of this Agreement or for a period of one
      (1)
      year after termination of Executive’s employment hereunder for any reason,
      whether by resignation, discharge or otherwise, either directly or indirectly,
      employ, enter into agreement with, or solicit the employment of, any employee
      of
      GEEKS ON CALL for the purpose of causing them to leave the employment of GEEKS
      ON CALL or take employment with any business that is in competition in any
      manner whatsoever with the business of GEEKS ON CALL.

    

    (e) Injunctive
      Relief; Extension of Restrictive Period.
      In the
      event of a breach of any of the covenants by Executive or GEEKS ON CALL
      contained in this Agreement, it is understood that damages will be difficult
      to
      ascertain, and either party may petition a court of law or equity for injunctive
      relief in addition to any other relief which Executive or GEEKS ON CALL may
      have
      under the law, including but not limited to reasonable attorneys’
fees.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    11. Miscellaneous.

    

    (a) This
      Agreement shall be binding upon the parties and their respective heirs,
      executors, administrators, successors and assigns. Executive shall not assign
      any part of his rights under this Agreement without the prior written consent
      of
      GEEKS ON CALL.

    

    (b) This
      Agreement contains the entire agreement and understanding between the parties
      and supersedes any and all prior understandings and agreements between the
      parties regarding Executive’s employment.

    

    (c) No
      modification hereof shall be binding unless made in writing and signed by the
      party against whom enforcement is sought. No waiver of any provisions of this
      Agreement shall be valid unless the same is in writing and signed by the party
      against whom it is sought to be enforced, unless it can be shown through custom,
      usage or course of action.

    

    (d) This
      Agreement is executed in, and it is the intention of the parties hereto that
      it
      shall be governed by, the laws of the State of Virginia without giving effect
      to
      applicable conflict of laws provisions.

    

    (e) The
      provisions of this Agreement shall be deemed to be severable, and the invalidity
      or unenforceability of any provision shall not affect the validity or
      enforceability of the other provisions hereof.

    

    (f) Any
      notice or communication permitted or required by this Agreement shall be in
      writing and shall become effective upon personal service, or service by wire
      transmission, which has been acknowledged by the other party as being received,
      or two (2) days after its mailing by certified mail, return receipt requested,
      postage prepaid addressed as follows:

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    (1)          
      If
      to
      GEEKS ON CALL:

    

    Human
      Resources Director

    GEEKS
      ON
      CALL HOLDINGS, INC.

    814
      Kempsville Road

    Suite
      106

    Norfolk,
      VA 23502

    

    With
      a
      copy to:

    

    Harvey
      J.
      Kesner, Esq.

    Haynes
      and Boone, LLP

    153
      East
      53rd Street, Suite 4900

    New
      York,
      New York 10022

    Fax:
      212-918-8989

    

    (2)          
      If
      to
      Executive, to: 

    

    Richard
      Artese

    301
      S
      Parliament Dr

    Virginia
      Beach, VA 23462

    

    (g)
      Non-Disparagement.
      Both
      parties acknowledge and agree not to defame or publicly criticize the services,
      business, integrity, veracity or personal or professional reputation of the
      other, in either a professional or personal manner, at any time during or
      following the employment period. With respect to GEEKS ON CALL, this shall
      include any officers, directors, partners, executives, employees,
      representatives or agents of GEEKS ON CALL, or of the Merged
      Entity.

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      GEEKS
      ON CALL and Executive have executed this Agreement as of the Effective
      Date.

    

    
      	
              GEEKS
                ON CALL HOLDINGS,
                INC.
	 	
              EXECUTIVE

            
	 	 	 	 
	 	 	 	 
	
              By:

            	
              /s/
                Richard T. Cole

            	 	
              /s/
                Richard Artese

            
	 	
              Name:
                Richard T. Cole

            	 	
              Richard
                Artese

            
	 	
              Title:  
                CEO

            	 	 

    

     

    
      
        
        

      

      
        9

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