Document:

Exhibit 10.22

 

	
  Boise Paper Holdings, L.L.C.

  	
   

  	
  

  
	
  1111 West Jefferson
  Street, Ste. 200   PO Box 990050   Boise, ID 83799-0050

  	
   

  	
   

  
	
  T 208 384 7000

  	
   

  	
   

  
	
  www.BoiseInc.com

  	
   

  	
   

  

 

 

May 9,
2008

 

 

Miles A.
Hewitt

2944 S. Francine Pl.

Meridian, ID 83642

 

 

Dear Miles:

 

This letter will confirm the
benefits you will receive as a result of your termination from Boise Paper
Holdings, L.L.C. (the Company) in accordance with the letter agreement between
you and Boise Paper Holdings, L.L.C. dated February 25, 2008 (the Letter
Agreement) and the other plans set forth below. 
Your termination is a Qualifying Termination under the Letter Agreement.

 

	
  1.

  	
  Employment Status:  Your status as an employee of
  the Company will terminate on May 2, 2008. This date is referred to as
  your Termination Date. As of the Termination Date, you will no longer be
  required to fulfill any of the duties and responsibilities associated with
  your position at the Company or any of its affiliates nor are you authorized
  to act on behalf of the Company or any of its affiliates or direct the
  activities of any of its or their employees. You agree to resign your
  position as an officer of the Company and any of its subsidiaries and/or
  affiliates as of the Termination Date. You further agree to resign as a
  member of the Company’s Retirement Committee as of the Termination Date.

  
	
   

  	
   

  
	
  2.

  	
  Severance Pay:  You will be eligible for a
  lump sum severance payment of $527,000 (less applicable tax and withholding),
  which is one times your salary plus your target annual incentive of 55% for
  2008 as provided in the Letter Agreement. This payment shall not be
  considered compensation for purposes of any employee benefit plan, program,
  policy or arrangement maintained or hereafter established by the Company or
  any of its affiliates except as otherwise provided under the Letter
  Agreement.

  
	
   

  	
   

  
	
  3.

  	
  YTO Benefits:  As of May 2, 2008, you
  will have 144.24 hours of unused YTO,
  less any time taken. You will be paid out for your YTO, less any time taken
  prior to your Termination Date, based on your salary at the time of your
  termination, in your last paycheck or as soon as practical thereafter.

  
	
   

  	
   

  
	
  4.

  	
  Qualified Pension Plan:  You are 100% vested in the
  Company’s Pension Plan for Salaried Employees. Between age 55 and age 65,
  your unreduced pension benefit will be paid as a nonqualified benefit (see
  below). Beginning at age 65,

  

 

 

 

Miles
A. Hewitt

Page
2

May 9,
2008

 

	
   

  	
  your pension will be paid from
  the Company’s Pension Plan for Salaried Employees. Payments from the
  qualified plan are made on the first of each month. You will receive
  additional information regarding the qualified plan and your payment election
  under that plan shortly before you turn 65.

  
	
   

  	
   

  
	
  5.

  	
  Supplemental Early Retirement
  Plan for Executive Officers and Additional Nonqualified Benefit:  Per the terms of the Letter
  Agreement, you are entitled to unreduced early retirement benefits commencing
  January 1, 2014 (the first of the month after you reach age 55). You
  will receive information from the Company’s actuary, Milliman USA, on this
  benefit. If you have any questions, please contact Milliman.

  
	
   

  	
   

  
	
   

  	
  You are responsible for the
  FICA and Medicare taxes that are payable on the present value of this benefit
  and other nonforfeitable supplemental retirement benefits paid directly from
  the Company. The Company will contact you regarding taxes due.

  
	
   

  	
   

  
	
  6.

  	
  Supplemental Pension Plan:  You have elected payment of
  your benefit under the Supplemental Pension Plan as follows: five year
  annuity commencing on January 1, 2009. This benefit will be payable in
  part directly from the Company and in part directly from OfficeMax beginning
  January 1, 2009. You will also have a small lump sum benefit
  attributable to service from February 22, 2008, through your Termination
  Date. If you have any questions, please contact Milliman.

  
	
   

  	
   

  
	
   

  	
  You are responsible for the
  FICA and Medicare taxes that are payable on the present value of this benefit
  and other nonforfeitable supplemental retirement benefits paid directly from
  the Company. The Company and OfficeMax will contact you regarding taxes due.

  
	
   

  	
   

  
	
  7.

  	
  Savings Plan:  All contributions to the
  Company’s Savings Plan will end upon your Termination Date. Your continued
  participation and/or withdrawal of your account balance will be subject to
  the terms of the plan.

  
	
   

  	
   

  
	
  8.

  	
  Deferred Compensation:  You are not currently
  participating in the 2008 Deferred Compensation Plan and you have no account
  balance under that plan.

  
	
   

  	
   

  
	
  9.

  	
  Healthcare:  Your coverage under Boise’s
  healthcare plan will continue for a 12-month period following your
  Termination Date (through May 31, 2009), subject to your timely payment
  of the applicable premium at the active employee rate. The current premium
  amounts are shown in the table in Section 10 below.

  
	
   

  	
   

  
	
   

  	
  When your healthcare coverage
  ends, you may have the opportunity to elect COBRA coverage. Your coverage
  under this section will run concurrently with your COBRA coverage period.
  Although you will receive COBRA materials following your Termination Date,
  you do not need to elect COBRA at this time. You will have 60 days from the
  date your coverage ends under this section to

  

 

 

 

Miles
A. Hewitt

Page
3

May 9,
2008

 

	
   

  	
  elect COBRA coverage. Please
  contact HR Services with any questions regarding your healthcare coverage or
  your COBRA rights.

  
	
   

  	
   

  
	
  10.

  	
  Insurance Benefits: You are eligible to continue
  participation in the insured programs in which you are participating
  immediately prior to your Termination Date for up to 12 months following your
  Termination Date, subject to your timely payment of any applicable premiums
  at the active employee rate. The programs in which you are participating and
  the current premium amounts are shown in the following chart.

  

 

	
  BENEFIT

  	
  MONTHLY

  PREMIUM

  
	
  HEALTHCARE PROGRAMS

  	
   

  
	
  ConsumerWise Medical Benefits

  	
  $309.00

  
	
  ConsumerWise Dental Benefits

  	
  $  30.00

  
	
  ConsumerWise Vision Benefits

  	
  $    0.00

  
	
  Healthcare FSA

  	
  $125.00

  
	
  WELFARE PROGRAMS

  	
   

  
	
  Company-paid life insurance of
  $50,000

  	
  N/A

  
	
  Company-paid accidental death
  and dismemberment benefit of up to $25,000

  	
  N/A

  
	
  Employee-paid accidental death
  and dismemberment

  	
  $  21.50

  
	
  TOTAL

  	
  $485.50

  

 

	
   

  	
  Under the terms of the Letter
  Agreement, healthcare and insurance benefits otherwise receivable by you
  pursuant to the Letter Agreement shall be reduced to the extent comparable
  benefits are actually received by you through benefit plans provided by
  another employer prior to May 31, 2009, and you must report any such
  benefits actually received by you to the Company.

  
	
   

  	
   

  
	
  11.

  	
  Officer Supplemental Life
  Insurance Plan: The Company will continue to pay your life insurance premiums under
  this plan for 12 months following your Termination Date. You will receive a
  tax Form 1099 showing the value of the Company-paid term insurance and
  you will be responsible for the federal and state tax payments on this
  taxable income.

  
	
   

  	
   

  
	
  12.

  	
  Financial Counseling: You may utilize the financial counseling
  benefits provided to officers through May 2, 2009. Your balance
  remaining under the plan for 2008 as of April 23, 2008, is $10,000. You
  may carry over up to $5000 of this amount to 2009. An additional $5000 will
  be added to your balance on January 1, 2009. Please verify the services
  performed by submitting signed invoices to Jeannine Sims in the Compensation
  Department.

  
	
   

  	
   

  
	
  13.

  	
  Return of Company Property: To the extent that you have not already
  done so, you will arrange to have all files, records, documents, drawings,
  specifications, data relating to the Company’s business or personnel, keys,
  credit or security

  

 

 

 

Miles
A. Hewitt

Page
4

May 9,
2008

 

	
   

  	
  cards, laptops, computers,
  software, PDAs, and other such property returned to the Company upon your
  Termination Date or as soon as possible thereafter.

  
	
   

  	
   

  
	
  14.

  	
  Release and Waiver:  The benefits to be paid or
  provided according to Sections 2, 5, 9, 10, 11 and 12 above and Sections 17
  and 18 below are subject to your execution and nonrevocation of the enclosed
  Release and Waiver. If you do not execute the Release and Waiver within the
  required time period, or if you revoke the Release and Waiver in whole or in
  part within the time period allowed for revocation, no benefits will be
  payable or provided under the indicated sections.

  
	
   

  	
   

  
	
  15.

  	
  Timing of Severance Payment.  Payment of the amount
  indicated in Section 2 above shall be made within 15 days after the date
  the signed Release and Waiver becomes effective.

  
	
   

  	
   

  
	
  16.

  	
  Covenants:  As a reminder, you are
  subject to the confidentiality, nonsolicitation and nondisparagement
  provisions in the Letter Agreement. Any additional confidentiality,
  intellectual property, nonsolicitation and nondisparagement provisions,
  covenants, or agreements binding on you shall continue in accordance with
  their terms. Please review these continuing obligations that you have to
  Boise.

  
	
   

  	
   

  
	
  17.

  	
  Executive Career Counseling:  The Company will provide
  reimbursement for executive career counseling, through a provider of your
  choice, up to a maximum of $20,000.00. Bills must be submitted for
  reimbursement by February 15 following the year in which the expenses
  are incurred, and reimbursement will be made as soon as practical following
  approval of the expenses but in any event no later than March 15
  following the end of the year in which the expenses are incurred. Bills
  submitted after February 15 following the year in which the expenses are
  incurred are not eligible for reimbursement.

  
	
   

  	
   

  
	
  18.

  	
  Legal Fees:  The Company will reimburse
  you for reasonable legal fees and expenses which you incur as a result of
  your termination, which includes fees and expenses related to the advice and
  counseling received with respect to this agreement. You may request payment
  only after the signed Release and Waiver becomes effective and you must
  request payment no later than six months after the end of the year in which
  the fee or expense was incurred. Payment shall be made within 10 business
  days after the Company receives your written request for payment accompanied
  by reasonable evidence of fees and expenses incurred.

  
	
   

  	
   

  
	
  19.

  	
  Continuation of Provisions of
  Letter Agreement:  The terms of the Letter Agreement, including without
  limitation Sections 7.A, 7.B, 8, 9, and 10, shall continue in full force and
  effect until all obligations of each party under the Letter Agreement are
  satisfied and discharged in full.

  

 

 

 

Miles
A. Hewitt

Page
5

May 9,
2008

 

	
  20.

  	
  Jurisdiction: Any dispute
  regarding the provisions of this letter or the Letter Agreement may be
  brought only in a court of appropriate jurisdiction in the State of Idaho.

  

 

Please sign where indicated
below to signify your acknowledgment of and agreement with the above.  This letter may be executed in several counterparts,
each of which shall be deemed to be an original but all of which together will
constitute one and the same instrument.

 

Sincerely,

 

	
   /s/ Alexander Toeldte

  	
   

  
	
  Alexander Toeldte

  

 

AT/cjw

 

Enclosure

 

 

ACKNOWLEDGED AND AGREED:

 

 

	
  By:

  	
   /s/ Miles A. Hewitt

  	
   

  
	
   

  	
  Miles A.
  Hewittexhibit_amend1.htm

     

    EXHIBIT
10.1

    
 

    
      AMENDMENT NO. 1 TO
TRANSACTION DOCUMENTS

      

      FTS
Group, Inc., a Nevada corporation (hereinafter called the "Buyer"), and Metro
One Development, Inc., formerly On The Go Healthcare, Inc., (hereinafter called
the "Seller”) or their registered assigns or successors in interest agree to
amend the following documents, dated as of March 18, 2008, between FTS Group,
Inc. and OTG Technologies Group, Inc., a wholly-owned subsidiary of FTS Group,
Inc., on the one side, and On The Go HealthCare, Inc., DBA On The Go
Technologies Group on the other side:

      

      
        	
                ·  

              	
                Binding
      Agreement (the “Agreement”);

              

      

      

      
        	
                ·  

              	
                Exhibit
      A of the Agreement, comprising the list of acquired assets (the
      “Assets”);

              

      

      

      
        	
                ·  

              	
                Exhibit
      B of the Agreement, comprising the list of vendor and other debt acquired
      by the Buyer (the Debt List”);

              

      

      

      
        	
                ·  

              	
                Exhibit
      C of the Agreement, comprising the list of the acquired contracts (the
      “Contracts”);

              

      

      

      
        	
                ·  

              	
                Exhibit
      D of the Agreement, comprising the Confidentiality and Non-Compete
      Agreement (the “Non-Compete”); and

              

      

      

      
        	
                ·  

              	
                Exhibit
      E of the Agreement, comprising the Promissory Note (the “Promissory
      Note”);

              

      

      

      (each a
“Transaction
Document” and together the “Transaction
Documents”), dated as of May 19, 2008 (this "Amendment");

      

      WHEREAS,
in connection with the Agreement, the Buyer issued to the Seller a Promissory
Note in the principal amount of $1,100,000; and

      

      WHEREAS,
in connection with the Agreement, the Buyer acquired from the Seller debt in the
amount of $2,861,863.71; and

      

      WHEREAS,
in connection with the Agreement, the Buyer entered into agreements with the
Seller known as Exhibits A, C and D that remain unchanged and are hereby
incorporated into this Amendment; and

      

      WHEREAS,
the parties desire to amend the terms of the Agreement, Exhibit B and the
Promissory Note as set forth in this Amendment, effective May 19,
2008.

      

      NOW,
THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Amendment,
and for other good and valuable consideration the receipt and adequacy of which
are hereby acknowledged, the parties agree as follows:

       

      ARTICLE
I

      AMENDMENT
OF TRANSACTION DOCUMENTS

       

      1.1       
The terms of the Promissory Note shall be amended and restated as follows: the
principal value of the Promissory Note is reduced from $1,100,000 to
$650,000. Any payments due to Seller on the Promissory Note between March
18, 2008 and May 19, 2008 are no longer due to Seller and are hereby
cancelled. No breach of the Note shall have occurred as a result of failure
to make payments between March 18, 2008 and May 19, 2008. Any and all
payments due under the Note will be directed to Laurus Master Fund (“Laurus”) or
such other entity as directed by Laurus so long as payments are credited against
amounts owed by Seller to Laurus relating to the Seller’s accounts receivable
line (the “Laurus Line”). The Seller agrees to assign outstanding receivables
related to the Laurus Line in the amount of approximately $119,000 to the Buyer
for purposes of paying the Laurus Line. Once the amount of $650,000 has been
paid by the Buyer to Laurus and up to $119,000 has been directed by the Seller
to Laurus, if there are excess funds not necessary to pay the Laurus Line and
Laurus has signed an acknowledgement of payment and release of all liens, excess
funds will be directed back to Seller. The Laurus Line shall be repaid in
full by July 14, 2008 and both Buyer and Seller agree to use commercially
reasonable best efforts to repay the Laurus Line before such date. If the Laurus
Line is not repaid up to $650,000 by the Buyer by July 14, 2008 , unless
extended by Laurus (or its designee), then the default provisions in the Note
shall apply. However, in no event shall such extension be longer than ninety
days. Additionally, Seller will not be able to pursue any default by Buyer
pursuant to the Note if Seller has not paid up to $119,000 but in no event less
than the amount necessary to repay the Laurus Line after deducting the Buyer’s
payments to Laurus as described in this Section 1.1.

       

      1.2         The Seller
agrees take reasonable steps to cause Laurus to add David Rasmussen to the “Lock
Box” bank account associated with the Laurus Line and to remove all other
parties except Laurus representatives from the account.

       

      1.3         Both parties
agree that all funds generated by the Buyer that have been deposited into
Seller’s accounts through the date of this Amendment Number 1 will be applied to
the Assumed Debt further described in Schedule B..

       

      1.4         Buyer will rent
space and equipment from the Seller for a period of 90 days at an aggregate rate
of $10,000 per month. Seller’s employees and representatives will not interfere
with Buyer’s acquired business and Buyer’s employees and representatives will
not interfere with Seller’s business. If the Buyer takes longer to relocate the
business it must give the Seller 30 days notice in writing. The Seller agrees to
provide up to two extensions of one month each under essentially the same terms
as currently in place. Any additional delays will be worked out by the
parties.      

       

      1.5        Purchase
Price.   On the date hereof, the parties believe, based on
information available, the total deal value is described in detail below in US
dollars:

         

        Deal
Value                                                                                             $3,511,864

        Assumed Debt as set forth on Exhibit
B                                         
$2,861,864

        Assumed
Laurus
Line                                                                         $650,000

         

        1.6       
Once the entire debt is paid to Laurus, the Buyer will concede to a judgment
against its parent company FTS Group, Inc. if any suit is brought against the
Seller for any of the debt included in Exhibit B hereto assumed by the Buyer
that has not been paid. Additionally, Buyer represents that FTS Group will
defend any action brought against the Seller for any of those Accounts
Payable.

      

       

      ARTICLE
II

      MISCELLANEOUS

       

      2.1    Entire Agreement; Amendments. 
This Amendment contains the entire understanding of the parties with respect to
the subject matter hereof and supersedes all prior agreements and
understandings, oral or written, with respect to such matters, which the parties
acknowledge have been merged into such documents, exhibits and
schedules.

       

      2.2    Governing Law.  All questions
concerning the construction, validity, enforcement and interpretation of this
Amendment shall be gonverned by and construed and enforced in accordance with
the internal laws of the State of Florida, without regard to the principles of
conflicts of law thereof. Each party hereby irrevocably submits to the exclusive
jurisdiction of the state and federal courts sitting in Orlando, Florida for the
adjudication of any dispute hereunder or in connection herewith or with any
transaction contemplated hereby or discussed herein, and hereby irrevocably
waives, and agrees not to assert in any suit, action or proceeding, any claim
that it is not personally subject to the jurisdiction of any such court, that
such suit, action or proceeding is improper. Each party hereby irrevocably
waives personal service of process and consents to process being served in any
such suit, action or proceeding by mailing a copy thereof via registered or
certified mail or overnight delivery (with evidence of delivery). Nothing
contained herein shall be deemed to limit in any way any right to serve process
in any manner permitted by law. Each party irrevocably waives, to the fullest
extent permitted by applicable law, any and all right to trial by jury in any
legal proceeding arising out of or relating to this Amendment or the
transactions contemplated hereby. If either party shall commence an action or
proceeding to enforce any provisions of the Transaction Documents contemplated
herein, then the prevailing party in such action or proceeding shall be
reimbursed by the other party for its reasonable attorneys' fees and other costs
and expenses incurred with thte investigation, preparation and prosecution of
such action or proceeding.

       

      2.4    Survival.  The representations,
warranties, agreements and convenants contained herein shall survive the
Closing.

       

      2.5    Execution.  This Amendment may be
executed in two or more counterparts, all of which when taken together shall be
considered one and the same agreement and shall become effective when
counterparts have been signed by each party and delivered to the othe party, it
being understood that both parties need not sign the same counterpart. In the
event that any signature is delivered by facsimile transmission, such signature
shall create a valid and binding obligation of the party executing (or on whose
behalf such signature is executed) the same with the same force and effect as if
such facsimile signature page were an original thereof.

       

      2.6    No Waiver.  The waiver by any
party of the breach of any of the terms and conditions of, or any right under,
this Amendment shall not be deemed to constitute the waiver of any other breach
of the same or any other term or condition or of any similar right. No such
waiver shall be binding or effective unless expressed in writing and signed by
the party giving such waiver.

       

      2.7    Counterparts.  This Amendment may
be executed in one or more counterparts, each of which shall be deemed an
original and all of which together shall constitute one and the same
instrument.

       

      2.8    Construction.  The article and
section headings contained in this Amendment are inserted for reference purposes
only and shall not affect the meaning or interpretation of this
Amendment.

       

      2.10          Further Assurances.  Each party
will execute and deliver such further agreements, documents and instruments and
take such further action as may be reasonably requested by the other party to
carry out the provisions and purposes of this Amendment.

    

    
      
 

      IN
WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to
Transaction Documents to be duly executed by their respective authorized
signatories as of the date first indicated above.

      

      Buyer: FTS Group, Inc.

      

      

      /s/ Scott
Gallagher                                         

      By: Scott Gallagher

      Its: President and Chief Executive
Officer

      

      Seller: Metro One Development,
Inc,

      

      

      /s/ Stuart
Turk                                                

      By: Stuart Turk

      Its: President and Chief Executive
Officer

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit
B

      Debt
List

       

      
      

       

      
        	1.	There is
      approximately $2,861,863.71 outstanding vendor debt as listed on the
      accounts payable which include all invoices that are dated prior to March
      17, 2008. This amount shall be reduced by a payment in the amount of
      $157,396.49.  As of May 7, 2008,vendor debt is approximately
      $2,704,467.
	 	 
	2.	$650,000 outstanding
      debt on Laurus Line.

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