Document:

exv10w16

 

Exhibit
10.16
 

EMPLOYMENT AGREEMENT

          This
AGREEMENT (the “Agreement”) dated as of March 9, 2006 by and between W Lab Acquisition
Corp., a Delaware corporation (the “Company”), the Company’s parent company, Nextera Enterprises,
Inc., a Delaware corporation (“Nextera”), and Joseph J. Millin (the “Executive”) shall become
effective upon the consummation of the transactions contemplated by the Asset Purchase Agreement
(the “Asset Purchase Agreement”) between the Company, Nextera, Woodridge Labs, Inc., a California
corporation, Joseph J. Millin and Valerie Millin, Trustees of the Millin Family Living Trust Dated
November 18, 2002, Joseph J. Millin, Scott J. Weiss and Debra Weiss, as Trustees of the Scott and
Debra Weiss Living Trust, and Scott J. Weiss (the “Effective Date”). In consideration of the
mutual covenants contained in this Agreement, the Company and (solely with respect to the
obligations set forth in Sections 2(b), 4(h), and 10 below) Nextera, on the one hand, and the
Executive, on the other hand, agree as follows:

          1. Employment. Commencing on the Effective Date, the Company agrees to employ the
Executive and the Executive agrees to be employed by the Company on the terms and conditions set
forth in this Agreement.

          2. Capacity.

          (a) Company. During the Term (as hereinafter defined), the Executive shall serve the
Company as its President and Chief Executive Officer, reporting to the Chairman of the Company’s
Board of Directors (the “Board”), or such other person or committee as the Board may designate. In
such capacity, the Executive shall perform such services and duties in connection with the
business, affairs and operations of the Company consistent with the Executive’s status as President
and Chief Executive Officer as may be assigned or delegated to the Executive from time to time by
or under the direction and supervision of the Chairman of the Board.

          (b) Nextera. During the Term, the Executive shall also serve as an executive officer
of Nextera, with such title(s) and responsibilities as may be agreed upon, from time-to-time,
between the Executive and Nextera, reporting to the Chairman of Nextera’s Board of Directors (the
“Nextera Board”), or such other person or committee as the Nextera Board may designate.

          3. Term. Subject to the provisions of Section 6, the term of employment under this
Agreement (the “Term”) shall be for four (4) years from the Effective Date (the “Initial Term”) and
shall automatically renew for periods of one (1) year commencing at the expiration of the Initial
Term (the “End Date”) and on each subsequent anniversary of the End Date thereafter, unless either
the Executive or the Company, acting through the Board, gives written notice to the other not less
than thirty (30) days prior to the End Date or anniversary thereof, as applicable, of such party’s
election not to extend the Term; provided, that, if the Company elects to terminate the
Agreement upon the expiration of the Initial Term, it shall either (i) give the Executive written
notice of such non-renewal not less than one hundred eighty (180) days prior to the End Date or
(ii) continue to pay the Executive’s Salary (as hereinafter defined), at the rate then in effect,
from the date of termination until the date occurring one hundred eighty (180)

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days after the date upon which the Company gives written notice of such non-renewal to the
Executive.

          4. Compensation and Benefits. The regular compensation and benefits payable and made
available to the Executive under this Agreement shall be as follows:

          (a) Salary. During the Term, for all services rendered by the Executive under this
Agreement, the Company shall pay or cause to be paid to the Executive a base salary (the “Salary”)
at an annual rate of Three Hundred Sixty Thousand Dollars ($360,000) commencing on the Effective
Date. During the Term, the Salary shall be reviewed not less frequently than annually, as
determined by the Board, and the Board may (but shall have no obligation to) increase the Salary in
its sole discretion.

          (b) Bonus. The Executive shall be eligible for consideration for a bonus each year
during the Term, the payment and amount of which shall be determined by the Board in its sole
discretion.

          (c) Vacation. The Executive shall accrue paid vacation leave at the rate of four (4)
weeks per year during the Term, subject to the terms and conditions of the Company’s vacation
policy in existence from time to time.

          (d) Incentive, Savings and Retirement Plans. During the Term, the Executive shall be
entitled to participate in all incentive, savings, retirement, deferral, and nonqualified
supplemental pension plans, practices, policies and programs applicable generally to other peer
executives of the Company and Nextera (the “Company Group”), subject to the terms of the applicable
plan documents.

          (e) Welfare Benefit Plans. During the Term, the Executive and/or the Executive’s
family, as the case may be, shall be eligible for participation in and shall receive benefits
comparable to those provided under welfare benefit plans, practices, policies and programs
maintained by the Company Group (including, without limitation, medical, prescription, dental,
disability, salary continuance, employee life, group life, accidental death and travel accident
insurance plans and programs) to the extent applicable generally to other peer executives of the
Company Group (“Welfare Benefits”), subject to the terms of the applicable plan documents.

          (f) Expenses. During the Term, the Executive shall be entitled to receive prompt
reimbursement for all reasonable expenses incurred by the Executive submitted and approved in
accordance with the policies, practices and procedures of the Company Group in effect for the
Executive from time to time, including, without limitation, reasonable home office expenses
(including telephone lines for communication and fax and internet services) approved by the Board.

          (g) Fringe Benefits. During the Term, the Executive shall be entitled to such fringe
benefits, including, without limitation, if applicable, an automobile lease and payment of related
expenses, as may be determined by the Board from time to time in its sole discretion.

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          (h) Stock Option Plan. Within thirty (30) days after a registration statement on Form
S-8 filed by Nextera after the Effective Date has become effective under the rules and regulations
of the Securities and Exchange Commission (“SEC”) with respect to a stock option plan relating to
options to purchase Nextera’s Class A Common Stock and the shares of stock issuable thereunder,
Nextera agrees to reserve options (“Reserved Options”) under such stock option plan in an amount
equal to five percent (5%) of the number of shares of Nextera’s Class A Common Stock outstanding
immediately after the Effective Date. Nextera agrees to file such registration statement on Form
S-8 with the SEC within seventy-five (75) days after the Effective Date. The Reserved Options
shall be granted to the Executive and other employees of the Company as determined by the Board of
Directors of Nextera from time to time, provided, however, that the Executive shall be entitled to
make recommendations to the Board of Directors as to the identity of the potential grantees and the
number of Reserved Options to be granted to each such grantee. The Reserved Options shall be
granted to the Executive and other employees of the Company as determined by the Board of Directors
of Nextera from time to time. The Reserved Options granted to the Executive shall contain terms
and conditions consistent with such stock option plan, provided, however, that twenty-five percent
(25%) of the number of Reserved Options granted to the Executive shall vest at the end of each of
the first, second, third and fourth year of the Initial Term, until fully vested (such that all
such Reserved Options granted to Executive during the Initial Term shall be 100% vested as of the
last day of the Initial Term), subject to Section 6 of this Agreement and such stock option plan.

          (i) Taxation of Payments and Benefits. The Company shall undertake to make
deductions, withholdings and tax reports with respect to payments and benefits under this Agreement
to the extent that it reasonably and in good faith believes that it is required to make such
deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of
any such deductions or withholdings. Nothing in this Agreement shall be construed to require the
Company to make any payments to compensate the Executive for any adverse tax effect associated with
any payments or benefits or for any deduction or withholding from any payment or benefit.

          (j) Exclusivity of Salary and Benefits. The Executive shall not be entitled to any
payments or benefits other than those provided under this Agreement as consideration for the
Services rendered under this Agreement.

          5. Extent of Service. During the Term, and excluding any periods of vacation and sick
leave to which the Executive is entitled, and any periods of Disability, the Executive shall,
subject to the direction and supervision of the Board, devote substantially all of the Executive’s
business time to the business and affairs of the Company and, to the extent necessary to discharge
the responsibilities assigned to the Executive hereunder, use the Executive’s best efforts to
perform faithfully and efficiently such responsibilities. During the Term, the Executive shall not
engage in any other business activity; provided that nothing in this Agreement shall be construed
as preventing the Executive from:

          (a) managing the Executive’s personal investments, so long as such activities do not interfere
with the performance of the Executive’s responsibilities as an employee of the Company in
accordance with this Agreement, including investing Executive’s assets in any company or other
entity in a manner not prohibited by the Non-Compete, Non-Solicitation,

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Proprietary Information, Confidentiality and Inventions Agreement (the “Non-Compete
Agreement”) referred to in Section 7(a) and in such form or manner as shall not require any
material activities on the Executive’s part in connection with the operations or affairs of the
companies or other entities in which such investments are made; or

          (b) serving on civic or charitable boards or committees and otherwise engaging in religious,
charitable or other community or non-profit activities, that do not materially impair the
Executive’s ability to fulfill the Executive’s duties and responsibilities under this Agreement.
The Executive may serve on corporate boards other than that of the Company and Nextera only with
the prior approval of the Board and the Nextera Board.

          6. Termination and Termination Benefits. Notwithstanding the provisions of Section 3,
the Executive’s employment under this Agreement shall terminate under the following circumstances
set forth in this Section 6.

          (a) Termination by the Company for Cause. The Executive’s employment under this
Agreement may be terminated for Cause without further liability on the part of the Company
effective immediately upon a vote of the Board and written notice to the Executive (in addition to
and not part of any written notice required below to determine “Cause”) setting forth in detail the
particulars upon which such termination notice is being given. Only the following shall constitute
“Cause” for such termination:

     (i) dishonest statements or dishonest acts of the Executive with respect to the
Company Group which are materially injurious to the Company as determined by the
Board in its reasonable judgment;

     (ii) commission by the Executive of, or entry by the Executive of a guilty or
no contest plea to, (x) a felony or (y) any misdemeanor involving moral turpitude,
deceit, dishonesty or fraud;

     (iii) willful violation by Executive of a federal or state law, rule or
regulation applicable to the business of the Company of a type and kind that is
materially injurious to the Company as determined by the Board in its reasonable
judgment;

     (iv) willful and continued failure of the Executive to perform the Executive’s
duties with the Company to the Board’s reasonable satisfaction (other than any such
failure resulting from incapacity due to physical or mental illness), after a
written demand for such performance is delivered to the Executive by the Board which
specifically identifies the manner in which the Board believes that the Executive
has not performed the Executive’s duties to the Board’s reasonable satisfaction and
the Executive has not effected a cure as determined by the Board in its reasonable
judgment within fifteen (15) days after receipt of such written notice;

     (v) material breach of the Non-Compete Agreement or any other material
obligations of the Executive under this Agreement, not including the matters set
forth in sub-section (iv) above, which breach continues uncured to the

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     reasonable satisfaction of the Board within fifteen (15) days after receipt by
the Executive of written notice of such breach; or

     (vi) willful and material breach by the Executive of his obligations under
Section 6.1 of the Asset Purchase Agreement, which breach continues uncured to the
reasonable satisfaction of the Board within fifteen (15) days after receipt by the
Executive of written notice of such breach.

For purposes of this provision, any act, or failure to act, on the part of the Executive based upon
authority given pursuant to a resolution duly adopted by the Board or based upon the advice of
counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the
Executive in good faith and in the best interests of the Company. In making any determination
under this Section 6(a), the Board shall act fairly and in good faith and shall give the Executive
an opportunity to appear and be heard at a meeting of the Board or the compensation committee of
the Board, which meeting may be held telephonically at the request of either the Company or the
Executive, and present evidence on the Executive’s behalf.

          (b) Termination by the Executive. The Executive’s employment under this Agreement may
be terminated by the Executive by written notice to the Company at least sixty (60) days prior to
such termination.

          (c) Termination by the Company Without Cause or by the Executive with Good Reason.
Subject to the payment of Termination Benefits pursuant to Section 6(d), the Executive’s employment
under this Agreement may be terminated by the Company without Cause upon written notice to the
Executive by a vote of the Board or by the Executive with Good Reason upon written notice to the
Board. For purposes of this Agreement, “Good Reason” shall mean, without the Executive’s written
consent, the occurrence of any of the following circumstances:

     (i) the assignment to the Executive of any duties substantially inconsistent
with and inferior to the position of President of the Company, a significant adverse
alteration in the nature or status of the Executive’s authority, duties,
responsibilities or the conditions of the Executive’s employment as President,
including a diminution in the title of the Executive from that as President of the
Company, or a requirement that the Executive report to anyone other than to the
Chairman of the Board or such other person or committee as may be designated by the
Board;

     (ii) the Company’s reduction of the Executive’s Salary as in effect on the
Effective Date, or as the same may be increased from time to time, except for
across-the-board salary reductions similarly affecting all peer executives of the
Company Group;

     (iii) the Company-required relocation of the Executive’s residence or of the
primary facilities of the Company at which the Executive works outside a radius of
twenty-five (25) miles of the Executive’s current residence in Studio City,
California, or any Company-required travel for Company business in excess

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of that determined by the Board to be reasonably necessary from time to time to
carry out the services required of him under this Agreement. The Company shall pay
for all of the Executive’s reasonable travel and living expenses associated with
such travel from the Los Angeles metropolitan area;

     (iv) any material failure by the Company to comply with the provisions of
Section 4(a)-(h) of this Agreement, which is not remedied by the Company promptly
after receipt of written notice thereof given by the Executive;

     (v) any purported termination by the Company of the Executive’s employment
otherwise than as expressly permitted by this Agreement; or

     (vi) in the event the Company engages in a merger or other business
combination or a sale of all or substantially all of its assets, the failure of any
successor to the Company to expressly assume the obligations of the Company under
this Agreement.

          (d) Certain Termination Benefits. Unless otherwise specifically provided in this
Agreement or otherwise required by law, all compensation and benefits payable to the Executive
under this Agreement shall terminate on the date of termination of the Executive’s employment under
this Agreement, at which time (i) the Executive shall be entitled to purchase at depreciated book
value the automobile (if any, or to take an assignment of the automobile lease, if any) and any
personal electronic equipment (laptop, cell phone, PDA, etc.) which the Company was providing for
the use of such Executive (subject to the Company’s right to inspect such electronic equipment,
recover any electronic files containing proprietary information or relating to the Company’s
business, and to permanently delete any such files prior to returning to such equipment to the
Executive), and (ii) to the extent not theretofore paid or provided, the Company shall timely (and
in all events not later than as required by applicable law) pay or provide to the Executive any
accrued amounts and vested benefits required to be paid or provided in or which the Executive is
eligible to receive under any plan, program, practice or policy or contract or agreement of the
Company. Notwithstanding the foregoing, in the event of termination of the Executive’s employment
with the Company pursuant to Section 6(c), subject to (x) the Executive’s continuing compliance
with his obligations under the Non-Compete Agreement, (y) the Executive’s continuing compliance
with his obligations under Section 6.1 of the Asset Purchase Agreement, and (z) the Executive’s
resignation from the Board and the Nextera Board and execution of a general release of claims in
favor of the Company, in a form satisfactory to the Company, the Company shall provide to the
Executive the following termination benefits (“Termination Benefits”):

     (i) continuation of the Executive’s Salary at the rate then in effect pursuant
to Section 4(a);

     (ii) a bonus for the year in which the termination occurs for the period of
service in such year, based upon multiplying the bonus amount, if any, that would
have been paid to the Executive pursuant to Section 4(b) for the year in which the
termination of employment occurs, by a fraction, the numerator of

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which shall be the number of days in such year through the date of termination
and the denominator of which shall be 365;

     (iii) continuation of all Welfare Benefits to the extent authorized by and
consistent with 29 U.S.C. §1161 et seq. (commonly known as “COBRA”), with the cost
of the regular premium for such Welfare Benefits shared in the same relative
proportion by the Company and the Executive as in effect on the date of termination;

     (iv) the Termination Benefits set forth in (i) and (iii) above shall continue
for a period of one (1) year from the date of the termination of the Executive’s
employment. Notwithstanding the foregoing, nothing in this Section 6(d) shall be
construed to affect the Executive’s right to receive COBRA continuation entirely at
the Executive’s own cost to the extent that the Executive may continue to be
entitled to COBRA continuation after the Executive’s right to cost sharing under
Section 6(d)(iii) ceases; and

     (v) any Options exercisable granted to the Executive which are not vested at
that time shall be deemed to have vested to the extent of fifty percent (50%) of
such remaining unvested portion, or the Options which would have vested in the
twelve (12) month period immediately following the date of termination, whichever is
greater.

          (e) Disability. At the election of the Company, this Agreement shall terminate if the
Executive shall have failed to render and perform on a full-time basis the services required of him
under this Agreement during any period of 90 days within any 120 day period during the Term because
of physical or mental disability. Prior to any such termination, the Company shall give to the
Executive written notice of its intention to terminate the Executive’s employment, which notice
shall be effective immediately. In the event of such termination, the Company shall have no
further obligation for the payment of compensation or benefits hereunder, except (i) for
compensation and benefits accrued and unpaid through the termination date as provided in Section
6(d) above and (ii) the payment of any disability insurance to which the Executive may be entitled.
If there should be any dispute between the parties as to the Executive’s physical or mental
incapacity or disability pursuant to this Section 6(e), such question shall be settled by the
opinion of an approved medical doctor. For this purpose an approved medical doctor shall mean a
medical doctor selected by the Company and the Executive. If the parties cannot agree on a medical
doctor, each party shall select a medical doctor and the two doctors shall select a third who shall
be the approved medical doctor for this purpose. The opinion of such medical doctor as to the
matter in dispute shall be final and binding on the parties.

          (f) Death. In the event of termination as a result of the Executive’s death, the
Company shall have no further obligation to the Executive’s representatives and heirs hereunder
except (i) for compensation and benefits accrued and unpaid through the termination date as
provided in Section 6(d) above and (ii) any Options exercisable granted to the Executive which are
not vested at the time of death shall be deemed to have vested to the extent of fifty percent (50%)
of such remaining unvested portion unless the Option Plan provides for a greater vesting

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following the death of a participant of the Option Plan. If the Executive should die while
receiving any payments pursuant to sub-sections (i) and (v) of Section 6(d) above, the remaining
payments which would have been made to the Executive if he had lived shall be paid to the
beneficiary designated in writing by the Executive; or if there is no effective written
designation, then to his spouse; or if there is neither an effective written designation nor a
surviving spouse, then to his estate. Designation of a beneficiary or beneficiaries to receive the
balance of any such payments shall be made by written notice to the Company, and the Executive may
revoke or change any such designation of beneficiary at any time by a later written notice to the
Company.

          7. Non-Compete, Non-Solicitation, Proprietary Information, Confidentiality and Inventions
Agreements.

          (a) Non-Compete Agreement. The Executive agrees to sign the Non-Compete,
Non-Solicitation, Proprietary Information, Confidentiality and Inventions Agreement, the form of
which is attached hereto as Exhibit “A,” and to comply with such Agreement during the Term.

          (b) Litigation and Regulatory Cooperation. During the Executive’s employment, the
Executive shall cooperate fully with the Company in the defense or prosecution of any claims or
actions now in existence or which may be brought in the future against or on behalf of the Company
which relate to events or occurrences that transpired while the Executive was employed by the
Company; provided, however, that the Executive shall be permitted to give testimony and appear as a
witness in any proceeding in which such testimony or appearance is required by law. The
Executive’s full cooperation in connection with such claims or actions shall include, but not be
limited to, being available to meet with counsel to prepare for discovery or trial and to act as a
witness on behalf of the Company at mutually convenient times. During the Executive’s employment,
the Executive also shall cooperate fully with the Company in connection with any investigation or
review of any federal, state or local regulatory authority as any such investigation or review
relates to events or occurrences that transpired while the Executive was employed by the Company.
The Executive also agrees to provide reasonable cooperation to the Company on matters of the type
described in this Section 7(b) after termination of the Executive’s employment. The Company shall
reimburse the Executive for any reasonable out-of-pocket expenses incurred in connection with the
Executive’s performance of obligations pursuant to this Section 7(b), including any legal fees and
travel and lodging costs approved in advance by the Board.

          (c) Remedies. The Executive agrees that it would be difficult to measure any damages
caused to the Company which might result from any breach by the Executive of the promises set forth
in this Section 7, and that in any event money damages would be an inadequate remedy for any such
breach. Accordingly, the Executive agrees that if the Executive breaches, or proposes to breach,
any portion of this Section 7, the Company shall be entitled, in addition to all other remedies
that it may have, to an injunction or other appropriate equitable relief to restrain any such
breach without showing or proving any actual damage to the Company.

          8. General.

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          (a) Arbitration of Disputes. Any controversy or claim arising out of or relating to
this Agreement or the breach thereof or otherwise arising out of the Executive’s employment or the
termination of that employment (including, without limitation, any claims of unlawful employment
discrimination whether based on age or otherwise) shall, to the fullest extent permitted by law, be
settled by arbitration in any forum and form agreed upon by the parties or, in the absence of such
an agreement, under the auspices of the American Arbitration Association (“AAA”) in Los Angeles,
California, pursuant to the National Rules for the Resolution of Employment Disputes of the AAA,
including, but not limited to, the rules and procedures applicable to the selection of arbitrators.
In the event that any person or entity other than the Executive or the Company may be a party with
regard to any such controversy or claim, such controversy or claim shall be submitted to
arbitration subject to such other person or entity’s agreement. Judgment upon the award rendered
by the arbitrator may be entered in any court having jurisdiction thereof. The arbitrator shall
have the authority to grant the prevailing party reasonable costs and expenses, including
reasonable attorney’s fees and the costs of the arbitration in accordance with applicable law.
This Section 8(a) shall be specifically enforceable. Notwithstanding the foregoing, this Section
8(a) shall not preclude either party from pursuing a court action for the sole purpose of obtaining
a temporary restraining order or a preliminary injunction in circumstances in which such relief is
appropriate; provided that any other relief shall be pursued through an arbitration proceeding
pursuant to this Section 8(a).

          (b) Integration. This Agreement and the Asset Purchase Agreement constitute the
entire agreement between the parties with respect to the subject matter hereof and supersede all
prior understandings and agreements between the parties, whether oral or written, with respect to
any related subject matter.

          (c) Assignment: Successors and Assigns, etc. Neither the Company nor the Executive
may make any assignment of this Agreement or any interest herein, by operation of law or otherwise,
without the prior written consent of the other party; provided that the Company may assign its
rights under this Agreement without the consent of the Executive in the event that the Company
shall effect a reorganization, consolidate with or merge into any other corporation, partnership,
organization or other entity, or transfer all or substantially all of its properties or assets to
any other corporation, partnership, organization or other entity; provided such successor is the
functional equivalent of the Company. This Agreement shall inure to the benefit of and be binding
upon the Company and the Executive, their respective successors, executors, administrators, heirs
and permitted assigns.

          (d) Enforceability. If any portion or provision of this Agreement (including, without
limitation, any portion or provision of any section of this Agreement) shall to any extent be
declared illegal or unenforceable by a court of competent jurisdiction, then that court shall have
the power to alter such provision to make it enforceable to the fullest extent permitted by law.
The remainder of this Agreement, or the application of such portion or provision in circumstances
other than those as to which it is so declared illegal or unenforceable, shall not be affected
thereby, and each portion and provision of this Agreement shall be valid and enforceable to the
fullest extent permitted by law.

          (e) Waiver. No waiver of any provision hereof shall be effective unless made in
writing and signed by the waiving party. The failure of any party to require the performance

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of any term or obligation of this Agreement, or the waiver by any party of any breach of this
Agreement, shall not prevent any subsequent enforcement of such term or obligation or be deemed a
waiver of any subsequent breach.

          (f) Notices. Any notices, requests, demands and other communications provided for by
this Agreement shall be sufficient if in writing and delivered in person or sent by a nationally
recognized overnight courier service or by registered or certified mail, postage prepaid, return
receipt requested, to the Executive at the last address the Executive has filed in writing with the
Company (or if none, at the address set forth in the Asset Purchase Agreement), with a copy to the
Executive’s legal counsel designated by and at the last address the Executive has filed in writing
with the Company (or if none, then to Donald H. Jones, Esq. of Jones, Kaufman & Ackerman LLP, at
the address set forth in the Asset Purchase Agreement) or, in the case of the Company, at its main
offices, attention of the Chairman of the Board, and shall be effective on the date of delivery in
person or by courier or three (3) days after the date mailed.

          (g) Amendment. This Agreement may be amended or modified only by a written instrument
signed by the Executive and by a duly authorized representative of the Company.

          (h) Counterparts. This Agreement may be executed in any number of counterparts, each
of which when so executed and delivered shall be taken to be an original; but such counterparts
shall together constitute one and the same document.

          9. Consent to Jurisdiction.

          (a) Governing Law. This contract shall be construed under and be governed in all
respects by the laws of the State of California without giving effect to the conflict of laws
principles of such state.

          (b) Consent to Jurisdiction. To the extent that any court action is permitted
consistent with or to enforce Section 8(a) of this Agreement, the parties hereby consent to the
jurisdiction of the state and federal courts in Los Angeles, California. Accordingly, with respect
to any such court action, each of the Executive and the Company (a) submits to the personal
jurisdiction of such courts; (b) consents to service of process; and (c) waives any other
requirement (whether imposed by statute, rule of court, or otherwise) with respect to personal
jurisdiction or service of process.

          10. Indemnification and D&O Insurance. The Company and Nextera hereby agree to
indemnify and hold the Executive harmless consistent with the Company Group’s policies in effect
from time to time against any and all costs, losses, taxes, liabilities, obligations, damages,
lawsuits, deficiencies, claims, demands, and expenses, including without limitation interest,
penalties, costs of mitigation, reasonable attorneys’ fees and costs, judgments, fines and amounts
paid in settlement, actually and reasonably incurred in connection with any proceeding arising out
of the Executive’s employment with the Company or service as an executive officer and/or director
of Nextera, (whether civil, criminal, administrative or investigative, other than proceedings by or
in the right of the Company), if with respect to the actions at issue in the proceeding Executive
was not grossly negligent and acted in good faith and in a manner

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Executive reasonably believed to be in, or not opposed to, the best interests of the Company,
and (with respect to any criminal action) Executive had no reason to believe Executive’s conduct
was unlawful. Said indemnification arrangement shall (i) survive the termination of this Agreement
for a period of two (2) years, (ii) apply to any and all qualifying acts of Executive which have
taken place during the Term, including, but not limited to any and all qualifying acts as an
officer and/or director of any subsidiary or affiliate while Executive is employed by the Company,
and (iii) be subject to any limitations imposed from time to time under applicable law, and the
respective certificates of incorporation and the bylaws of the Company and/or Nextera, as the case
may be, as in effect from time to time. The Company and Nextera further agree to obtain, if not
already in force, and to continue to maintain, directors’ and officers’ liability insurance
policies covering Employee at least to the extent the Company and Nextera provides such coverage of
the Company’s other directors and senior officers.

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INTENDING TO BE LEGALLY BOUND by this Agreement and IN WITNESS THEREOF, the undersigned
parties have executed this Agreement as of the day and year first above written.

	 	 	 
	 

	 	W LAB ACQUISITION CORP., a Delaware corporation
	 
	 	 
	 

	 	By: /s/ Michael P. Muldowney
	 

	 	Its: CEO
	 
	 	 
	 

	 	JOSEPH J. MILLIN
	 
	 	 
	 

	 	/s/ Joseph J. Millin
	 
	 	 
	 

	 	EXECUTING THIS AGREEMENT SOLELY WITH RESPECT TO SECTIONS 2(b), 4(h),
and 10:
	 
	 	 
	 

	 	NEXTERA ENTERPRISES, INC.,
	 

	 	a Delaware corporation
	 
	 	 
	 

	 	By: /s/ Michael P. Muldowney
	 

	 	Its: President & CFO

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EXHIBIT A

NONCOMPETE, NON-SOLICITATION, PROPRIETARY INFORMATION, CONFIDENTIALITY AND INVENTIONS
AGREEMENT

          This Agreement (“Non-Compete Agreement”) is made as of March ___, 2006, by and between W Lab
Acquisition Corp., a Delaware corporation (the “Company”), and the undersigned Executive.
Executive and the Company have also entered into an Employment Agreement of even date herewith (the
“Employment Agreement”). In consideration of the employment and continued employment of Executive
by the Company, and also for the benefit of the Company’s successors, parents, subsidiaries and
affiliates (collectively, the “Company Entities”), the Executive agrees to certain restrictions on
activities necessary to avoid conflicts of interest, ensure the exclusivity of Executive’s services and protect the goodwill,
confidential information, and legitimate business interests of the Company and its clients. Unless
otherwise defined in this Non-Compete Agreement, capitalized terms used in this Non-Compete
Agreement shall have the same meaning as set forth in the Employment Agreement. To further these
objectives, the Executive agrees to comply with the following provisions of this Non-Compete
Agreement as follows:

NONCOMPETE/EXCLUSIVITY

During the period of employment by the Company:

	 	1.	 	the Executive will devote substantially all of the Executive’s business time to
the business of the Company Group in accordance with and subject to the provisions and
exceptions contained in Section 5 of the Executive’s Employment Agreement with the
Company of even date herewith;
	 
	 	2.	 	will not engage in any business activity, current or proposed (but only if the
proposal is made known to the Executive in writing by the Board), which competes with
the services or products being developed, marketed or sold by the Company Group; and
	 
	 	3.	 	will not, without prior written consent of the Company, invest in, enter into
or assist any venture, enterprise, or endeavor which competes or intends to compete
with the Company Group, other than as a less than five percent (5%) stockholder of a
publicly held company or a stockholder of a publicly held company which derives none or
an immaterial portion (i.e., less than ten percent (10%)) of its revenues from services
or products which compete with the services of the Company Group.

The Executive represents that, to the best of the Executive’s actual knowledge, employment by the
Company Group will not conflict with any agreement to which the Executive is subject.

NON-SOLICITATION

	 	1.	 	The Executive acknowledges that the names and details of the customers of the
Company Group whom the Executive’s has dealings while employed by the

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	 	 	 	Company could
constitute trade secrets belonging to the Company Group. In order to preserve the
Company’s trade secrets, during employment with the Company and for a period of two (2)
years after termination of the Executive’s employment with the Company for any reason:

	 	(a)	 	the Executive will not solicit or cause to be solicited any
such customers, or aid in the solicitation of business from customers to which
the Executive actively solicited business during the Executive’s employment
with the Company, for the purpose of marketing or selling personal care
products; and
	 
	 	(b)	 	the Executive will not directly or indirectly (other than
through mass media solicitations that are not directed at the employees of the
Company Group) contact or solicit any employee of the Company Group with regard
to present, future or contemplated employment opportunities on behalf of
himself, or any other person, firm, corporation, governmental agency or other
entity.

PROPRIETARY INFORMATION

	 	1.	 	Proprietary Information refers to any information, not generally known in the
relevant trade or industry, relating to the business, business plans, operations,
services, customers, partners, members, clients, strategies, trade secrets, operations,
real and personal properties, records, accounting and financial information, assets,
data, projections, prospects, and technology of any or all of the Company Group, which
was obtained from the Company Group or any of its customers, agents, or representatives
during the Term of employment by the Executive. However, the Proprietary Information
does not include (i) information received by the Executive prior to his employment by
the Company (except to the extent such information is acquired by the Company pursuant
to the Asset Purchase Agreement), (ii) information received by the Executive in
connection with his employment by the Company which is or becomes generally available
to the public other than as a result of a disclosure by the Executive, (iii)
information that becomes available to the Executive on a non-confidential basis from a
source other than the Company Group, provided that such source is not bound by a
confidentiality agreement with or other contractual, legal or fiduciary obligation of
confidentiality to the Company Group with respect to such information, or (iv)
information that is developed by the Executive after termination of employment with the
Company and which does not relate to any business which the Company Group has at any
time engaged during the period of the Executive’s employment.
	 
	 	2.	 	Subject to the foregoing, Proprietary Information includes, but is not limited
to, the following items, whether or not labeled as such: customer lists, notes,
drawings and writings; computer programs (including source and object codes),
algorithms, systems, tools, spreadsheets, related documentation such as user manuals,
functional and technical specifications, system descriptions, program documentation,
output reports, terminal displays, and data file contents; plans,

2

 

	 	 	 	process and
preparations for the Company’s current and proposed business activities; discoveries,
inventions, developments, ideas, research, engineering, designs, and products; projects
and improvements made or conceived in connection with the Company’s customer and
prospective customer’s lists; and marketing and financial data of the Company and its
clients.

	 	3.	 	The Executive agrees not to disclose the existence of or contents of any
documents, records, discs, tapes, and other media that contain Proprietary Information,
and will not copy or remove any such material from the Company or its customer’s
premises, except (i) as required by the Executive’s duties or as approved by the Board
or (ii) as required to be released by law or by court or
administrative order, so long as the Company is given notice thereof and a
reasonable opportunity to take appropriate steps to maintain the confidentiality
thereof.
	 
	 	4.	 	The Executive agrees to comply with all reasonable restrictions and regulations
of the Company’s customers concerning any and all information such customers deem
proprietary or confidential.
	 
	 	5.	 	The Executive agrees that any material relating to any Proprietary Information
of the Company Group is and shall remain the property of the Company Group and that
upon termination of employment or at any earlier time as requested by the Company, the
Executive will immediately deliver such material and all copies in Executive’s
possession or control to the Company.
	 
	 	6.	 	The Company may provide the Executive with equipment (portable personal
computer, software, etc.) for Executive’s use in the course of employment by the
Company. The Executive acknowledges that, except as otherwise provided in the
Employment Agreement, any such equipment will remain the exclusive property of the
Company, and the Executive agrees to deliver such equipment to the Company, as directed
by the Company, upon termination of employment for any reason, or at any time upon
request of the Company.

CONFIDENTIALITY

	 	1.	 	Except (i) as required by the Executive’s duties or as approved by the Board or
(ii) as required to be released by law or by court or administrative order, so long as
the Company is given notice thereof and a reasonable opportunity to take appropriate
steps to maintain the confidentiality thereof, the Executive will not use or disclose
to anyone outside the Company Group, and will not use any Proprietary Information or
material relating to the business of the Company Group, or its customers, either during
or after employment by the Company, except with the written permission of the Company.
	 
	 	2.	 	The Executive will not knowingly disclose to the Company Group, and will not
knowingly induce the Company Group to use any confidential information or

3

 

	 	 	 	material
belonging to others where such disclosure would, to the Executive’s actual knowledge,
violate any rights of, or any duty owing to, a third party.

	 	3.	 	The Executive agrees not to discuss any information or respond to any inquiries
from the press or other information agencies regarding the Company Group without the
express permission of the Board, other than responding in the ordinary course of
business to inquiries regarding the Company’s industry generally or products sold to
customers of the Company Group.
	 
	 	4.	 	The Executive shall be permitted to give testimony and appear as a witness in
any proceeding in which such testimony or appearance is required by law, provided the
Executive reasonably furnishes notice to the Company in order to enable the Company to
seek a protective order, if applicable.

INVENTIONS

	 	1.	 	The Executive agrees to disclose promptly and fully to the Company all
developments, inventions, discoveries, improvements, and proposals for new programs,
systems, services, products, tools, or business endeavors which are related to any
business activity by the Company Group, current or proposed in writing by the Board to
the Executive during employment by the Company (collectively called “Developments”).
	 
	 	2.	 	The Executive hereby assigns to the Company the Executive’s entire right,
title, and interest in each and every work product related to any business activity by
the Company, current or proposed in writing by the Board to the Executive during
employment by the Company, or Development (collectively called “Work Product”), made,
developed or conceived solely by the Executive or jointly with others during or in the
course of the Executive’s employment by the Company. Pursuant to Section 2870 of the
California Labor Code, the foregoing assignment of Work Product shall not apply to any
invention that the Executive developed entirely on his time without using the Company’s
equipment, supplies, facilities, or trade secret information except for those
inventions that either: (a) relate at the time of conception or reduction to practice
of the invention to the Company Group’s business, or actual or demonstrably anticipated
research or development of the Company Group; or (b) result from any work performed by
the Executive for the Company Group, which inventions shall be subject to assignment.
	 
	 	3.	 	The Executive agrees to grant to the Company a right of first refusal to market
on a mutually agreed royalty basis, and a perpetual non-exclusive license to use, each
and every Work Product or Development made, developed or conceived by the Executive
during employment by the Company which is not subject to assignment under the preceding
paragraph.
	 
	 	4.	 	During employment with the Company, the Executive agrees to provide the Board
with copies of any manuscripts produced by the Executive relating to the business

4

 

of the Company Group or which refers to the Company Group in any manner for approval by
the Company prior to submission for publication.

	 	5.	 	The Executive acknowledges and agrees that there are no Developments relating
in any way to the Company Group business which were made prior to employment with the
Company and which were not transferred as part of the purchased assets under the Asset
Purchase Agreement.

GENERAL

	 	1.	 	The Executive’s obligations under this Non-Compete Agreement shall survive the
termination of employment. The Executive understands that this Non-Compete Agreement
does not create an obligation of the Company Group or any other party to continue
employment.
	 
	 	2.	 	The Company shall have the unrestricted right to assign this Non-Compete
Agreement to its parent company, its affiliates, and any and all successors in
interest.
	 
	 	3.	 	It is agreed that the Company may inform any person or entity subsequently
employing or evidencing an intention to employ, Executive of the nature of the
information the Company asserts to be confidential, and may inform said person or
entity of the existence of this Non-Compete Agreement, and provide to such persons or
entity a copy of this Non-Compete Agreement.
	 
	 	4.	 	Any breach of this Non-Compete Agreement by the Executive may cause irreparable
damage, and in the event of such a breach, the Company shall have, in addition to any
remedies at law, the right to an injunction to prevent or restrain a breach of the
Executive’s obligations hereunder.
	 
	 	5.	 	The Company’s failure to exercise any rights under this Non-Compete Agreement
does not constitute a waiver of such right in the event of a subsequent violation of
this Non-Compete Agreement.
	 
	 	6.	 	This Non-Compete Agreement shall be governed by the laws of the state of
Executive’s employment.
	 
	 	7.	 	In the event a court of competent jurisdiction shall determine that any
provision in this Non-Compete Agreement is too restrictive in scope or duration, then
that court shall have the power to alter such provision to make it enforceable to the
fullest extent permitted by law. Such a determination shall not have the effect of
rendering any other provision herein contained invalid.
	 
	 	8.	 	Nothing in this Non-Compete Agreement is intended to, or shall, alter the
Executive’s obligations or the definition of “Assets” under the Asset Purchase
Agreement.

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     INTENDING TO BE LEGALLY BOUND by this Non-Compete Agreement and IN WITNESS THEREOF, the
undersigned parties have executed this Non-Compete Agreement as of the day and year first above
written.

	 	 	 
	 

	 	W LAB ACQUISITION CORP., a Delaware corporation
	 
	 	 
	 

	 	 
	 

	 	By:
                
                
                
                
	 

	 	Its:
                
                
                
                
	 
	 	 
	 

	 	EXECUTIVE:
	 
	 	 
	 

	 	JOSEPH J. MILLIN
	 
	 	 
	 

	 	
                
                
                
                
                

6exv10w17

 

Exhibit
10.17

EMPLOYMENT AGREEMENT

          This
AGREEMENT (the “Agreement”) dated as of March 9, 2006 by and between W Lab Acquisition
Corp., a Delaware corporation (the “Company”), the Company’s parent company, Nextera Enterprises,
Inc., a Delaware corporation (“Nextera”), and Scott J. Weiss (the “Executive”) shall become
effective upon the consummation of the transactions contemplated by the Asset Purchase Agreement
(the “Asset Purchase Agreement”) between the Company, Nextera, Woodridge Labs, Inc., a California
corporation, Joseph J. Millin and Valerie Millin, Trustees of the Millin Family Living Trust Dated
November 18, 2002, Joseph J. Millin (“Millin”), Scott J. Weiss and Debra Weiss, as Trustees of the
Scott and Debra Weiss Living Trust, and Scott J. Weiss (the “Effective Date”). In consideration of
the mutual covenants contained in this Agreement, the Company and (solely with respect to the
obligations set forth in Sections 4(h) and 10 below) Nextera, on the one hand, and the Executive,
on the other hand, agree as follows:

          1. Employment. Commencing on the Effective Date, the Company agrees to employ the
Executive and the Executive agrees to be employed by the Company on the terms and conditions set
forth in this Agreement.

          2. Capacity. During the Term (as hereinafter defined), the Executive shall serve the
Company as its Chief Financial Officer reporting to the President and Chief Executive Officer of
the Company, or such other person as the Company’s Board of Directors (the “Board”) may designate
from time to time. In such capacity, the Executive shall perform such services and duties in
connection with the business, affairs and operations of the Company consistent with the Executive’s
status as Chief Financial Officer as may be assigned or delegated
to the Executive from time to time by or under the direction and supervision of the President
and Chief Executive Officer or such other person as may be designated by the Board.

          3. Term. Subject to the provisions of Section 6, the term of employment under this
Agreement (the “Term”) shall be for four (4) years from the Effective Date (the “Initial Term”) and
shall automatically renew for periods of one (1) year commencing at the expiration of the Initial
Term (the “End Date”) and on each subsequent anniversary of the End Date thereafter, unless either
the Executive or the Company, acting through the Board, gives written notice to the other not less
than thirty (30) days prior to the End Date or anniversary thereof, as applicable, of such party’s
election not to extend the Term.

          4. Compensation and Benefits. The regular compensation and benefits payable and made
available to the Executive under this Agreement shall be as follows:

          (a) Salary. During the Term, for all services rendered by the Executive under this
Agreement, the Company shall pay or cause to be paid to the Executive a base salary (the “Salary”)
at an annual rate of One Hundred Thousand Dollars ($100,000) commencing on the Effective Date.
During the Term, the Salary shall be reviewed not less frequently than annually, as determined by
the Board, and the Board may (but shall have no obligation to) increase the Salary in its sole
discretion.

1

 

          (b) Bonus. The Executive shall be eligible for consideration for a bonus each year
during the Term, the payment and amount of which shall be determined by the Board in its sole
discretion.

          (c) Vacation. The Executive shall accrue paid vacation leave at the rate of four (4)
weeks per year during the Term, subject to the terms and conditions of the Company’s vacation
policy in existence from time to time.

          (d) Incentive, Savings and Retirement Plans. During the Term, the Executive shall be
entitled to participate in all incentive, savings, retirement, deferral, and nonqualified
supplemental pension plans, practices, policies and programs applicable generally to other peer
executives of the Company and Nextera (the “Company Group”), subject to the terms of the applicable
plan documents.

          (e) Welfare Benefit Plans. During the Term, the Executive and/or the Executive’s
family, as the case may be, shall be eligible for participation in and shall receive benefits
comparable to those provided under welfare benefit plans, practices, policies and programs
maintained by the Company Group (including, without limitation, medical, prescription, dental,
disability, salary continuance, employee life, group life, accidental death and travel accident
insurance plans and programs) to the extent applicable generally to other peer executives of the
Company Group (“Welfare Benefits”), subject to the terms of the applicable plan documents.

          (f) Expenses. During the Term, the Executive shall be entitled to receive prompt
reimbursement for all reasonable expenses incurred by the Executive submitted and approved in
accordance with the policies, practices and procedures of the Company Group in effect for the
Executive from time to time, including, without limitation, reasonable home office
expenses (including telephone lines for communication and fax and internet services) approved
by the Board.

          (g) Fringe Benefits. During the Term, the Executive shall be entitled to such fringe
benefits, including, without limitation, if applicable, an automobile lease and payment of related
expenses, as may be determined by the Board from time to time in its sole discretion.

          (h) Stock Option Plan. Within thirty (30) days after a registration statement on Form
S-8 filed by Nextera after the Effective Date has become effective under the rules and regulations
of the Securities and Exchange Commission (“SEC”) with respect to a stock option plan relating to
options to purchase Nextera’s Class A Common Stock and the shares of stock issuable thereunder,
Nextera agrees to reserve options (“Reserved Options”) under such stock option plan in an amount
equal to five percent (5%) of the number of shares of Nextera’s Class A Common Stock outstanding
immediately after the Effective Date. Nextera agrees to file such registration statement on Form
S-8 with the SEC within seventy-five (75) days after the Effective Date. The Reserved Options
shall be granted to the Executive and other employees of the Company as determined by the Board of
Directors of Nextera from time to time. The Reserved Options shall be granted to the Executive and
other employees of the Company as determined by the Board of Directors of Nextera from time to
time. The Reserved Options granted to the Executive shall contain terms and conditions consistent
with such stock option plan, provided,

2

 

however, that twenty-five percent (25%) of the number of
Reserved Options granted to the Executive shall vest at the end of each of the first, second, third
and fourth year of the Initial Term, until fully vested (such that all such Reserved Options
granted to Executive during the Initial Term shall be 100% vested as of the last day of the Initial
Term), subject to Section 6 of this Agreement and such stock option plan.

          (i) Taxation of Payments and Benefits. The Company shall undertake to make
deductions, withholdings and tax reports with respect to payments and benefits under this Agreement
to the extent that it reasonably and in good faith believes that it is required to make such
deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of
any such deductions or withholdings. Nothing in this Agreement shall be construed to require the
Company to make any payments to compensate the Executive for any adverse tax effect associated with
any payments or benefits or for any deduction or withholding from any payment or benefit.

          (j) Exclusivity of Salary and Benefits. The Executive shall not be entitled to any
payments or benefits other than those provided under this Agreement as consideration for the
Services rendered under this Agreement.

          5. Extent of Service. During the Term, and excluding any periods of vacation and sick
leave to which the Executive is entitled, and any periods of Disability, the Executive shall devote
at least eighty (80) hours per month of the Executive’s business time to the business and affairs
of the Company and, to the extent necessary to discharge the responsibilities assigned to the
Executive hereunder, use the Executive’s best efforts during such working time to perform
faithfully and efficiently such responsibilities. The Company acknowledges and agrees that the
Executive may perform a substantial portion of his services at a location other than the Company’s
principal offices, so long as such off-site location does not interfere with the
Executive’s discharge of his job duties and responsibilities. During the Term, the Executive
may engage in other business activities that do not interfere with the Executive’s job performance
and responsibilities; provided that nothing in this Section 5 shall be construed as permitting the
Executive to engage in any activities prohibited by the Non-Compete, Non-Solicitation, Proprietary
Information, Confidentiality and Inventions Agreement (the “Non-Compete Agreement”) referred to in
Section 7(a), or by Section 6.1 of the Asset Purchase Agreement; provided, further, that
notwithstanding the provisions of Section 5 above, the Executive, in his capacity as a Certified
Public Accountant, may provide accounting, tax and consulting services to the extent and in the
manner permitted by Section 6.1(c) of the Asset Purchase Agreement.

          6. Termination and Termination Benefits. Notwithstanding the provisions of Section 3,
the Executive’s employment under this Agreement shall terminate under the following circumstances
set forth in this Section 6.

          (a) Termination by the Company for Cause. The Executive’s employment under this
Agreement may be terminated for Cause without further liability on the part of the Company
effective immediately upon a vote of the Board and written notice to the Executive (in addition to
and not part of any written notice required below to determine “Cause”) setting forth in detail the
particulars upon which such termination notice is being given. Only the following shall constitute
“Cause” for such termination:

3

 

     (i) dishonest statements or dishonest acts of the Executive with respect to the
Company Group which are materially injurious to the Company as determined by the
Board in its reasonable judgment;

     (ii) commission by the Executive of, or entry by the Executive of a guilty or
no contest plea to, (x) a felony or (y) any misdemeanor involving moral turpitude,
deceit, dishonesty or fraud;

     (iii) willful violation by Executive of a federal or state law, rule or
regulation applicable to the business of the Company of a type and kind that is
materially injurious to the Company as determined by the Board in its reasonable
judgment;

     (iv) willful and continued failure of the Executive to perform the Executive’s
duties with the Company to the Board’s reasonable satisfaction (other than any such
failure resulting from incapacity due to physical or mental illness), after a
written demand for such performance is delivered to the Executive by the Board which
specifically identifies the manner in which the Board believes that the Executive
has not performed the Executive’s duties to the Board’s reasonable satisfaction and
the Executive has not effected a cure as determined by the Board in its reasonable
judgment within fifteen (15) days after receipt of such written notice;

     (v) material breach of the Non-Compete Agreement or any other material
obligations of the Executive under this Agreement, not including the matters set
forth in sub-section (iv) above, which breach continues uncured to the
reasonable satisfaction of the Board within fifteen (15) days after receipt by
the Executive of written notice of such breach; or

     (vi) willful and material breach by the Executive of his obligations under
Section 6.1 of the Asset Purchase Agreement, which breach continues uncured to the
reasonable satisfaction of the Board within fifteen (15) days after receipt by the
Executive of written notice of such breach.

For purposes of this provision, any act, or failure to act, on the part of the Executive based upon
authority given pursuant to a resolution duly adopted by the Board or based upon the advice of
counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the
Executive in good faith and in the best interests of the Company. In making any determination
under this Section 6(a), the Board shall act fairly and in good faith and shall give the Executive
an opportunity to appear and be heard at a meeting of the Board or the compensation committee of
the Board, which meeting may be held telephonically at the request of either the Company or the
Executive, and present evidence on the Executive’s behalf.

          (b) Termination by the Executive. The Executive’s employment under this Agreement may
be terminated by the Executive by written notice to the Company at least sixty (60) days prior to
such termination.

4

 

          (c) Termination by the Company Without Cause or by the Executive with Good Reason.
Subject to the payment of Termination Benefits pursuant to Section 6(d), the Executive’s employment
under this Agreement may be terminated by the Company without Cause upon written notice to the
Executive by a vote of the Board or by the Executive with Good Reason upon written notice to the
Board. For purposes of this Agreement, “Good Reason” shall mean, without the Executive’s written
consent, the occurrence of any of the following circumstances:

     (i) the assignment to the Executive of any duties substantially inconsistent
with and inferior to the position of Chief Financial Officer of the Company, a
significant adverse alteration in the nature or status of the Executive’s authority,
duties, responsibilities or the conditions of the Executive’s employment as Chief
Financial Officer, including a diminution in the title of the Executive from that as
Chief Financial Officer of the Company, or a requirement that the Executive report
to anyone other than to the President and Chief Executive Officer or such other
person or committee as may be designated by the Board from time to time;

     (ii) the Company’s reduction of the Executive’s Salary as in effect on the
Effective Date, or as the same may be increased from time to time, except for
across-the-board salary reductions similarly affecting all peer executives of the
Company Group;

     (iii) the Company-required relocation of the Executive’s residence or of the
primary facilities of the Company at which the Executive works outside a radius of
twenty-five (25) miles of Millin’s current residence in Studio City,
California, or any Company-required travel for Company business in excess of
that determined by the Board to be reasonably necessary from time to time to carry
out the services required of him under this Agreement. The Company shall pay for
all of the Executive’s reasonable travel and living expenses associated with such
travel from the Los Angeles metropolitan area;

     (iv) any material failure by the Company to comply with the provisions of
Section 4(a)-(h) of this Agreement, which is not remedied by the Company promptly
after receipt of written notice thereof given by the Executive;

     (v) any purported termination by the Company of the Executive’s employment
otherwise than as expressly permitted by this Agreement; or

     (vi) in the event the Company engages in a merger or other business
combination or a sale of all or substantially all of its assets, the failure of any
successor to the Company to expressly assume the obligations of the Company under
this Agreement.

          (d) Certain Termination Benefits. Unless otherwise specifically provided in this
Agreement or otherwise required by law, all compensation and benefits payable to the Executive
under this Agreement shall terminate on the date of termination of the Executive’s

5

 

employment under
this Agreement, at which time (i) the Executive shall be entitled to purchase at depreciated book
value the automobile (if any, or to take an assignment of the automobile lease, if any) and any
personal electronic equipment (laptop, cell phone, PDA, etc.) which the Company was providing for
the use of such Executive (subject to the Company’s right to inspect such electronic equipment,
recover any electronic files containing proprietary information or relating to the Company’s
business, and to permanently delete any such files prior to returning to such equipment to the
Executive), and (ii) to the extent not theretofore paid or provided, the Company shall timely (and
in all events not later than as required by applicable law) pay or provide to the Executive any
accrued amounts and vested benefits required to be paid or provided in or which the Executive is
eligible to receive under any plan, program, practice or policy or contract or agreement of the
Company. Notwithstanding the foregoing, in the event of termination of the Executive’s employment
with the Company pursuant to Section 6(c), subject to (x) the Executive’s continuing compliance
with his obligations under the Non-Compete Agreement, (y) the Executive’s continuing compliance
with his obligations under Section 6.1 of the Asset Purchase Agreement, and (z) the Executive’s
resignation from the Board of Directors of Nextera and execution of a general release of claims in
favor of the Company, in a form satisfactory to the Company, the Company shall provide to the
Executive the following termination benefits (“Termination Benefits”):

     (i) continuation of the Executive’s Salary at the rate then in effect pursuant
to Section 4(a);

     (ii) a bonus for the year in which the termination occurs for the period of
service in such year, based upon multiplying the bonus amount, if any, that would
have been paid to the Executive pursuant to Section 4(b) for the year in which the
termination of employment occurs, by a fraction, the numerator of
which shall be the number of days in such year through the date of termination
and the denominator of which shall be 365;

     (iii) continuation of all Welfare Benefits to the extent authorized by and
consistent with 29 U.S.C. §1161 et seq. (commonly known as “COBRA”), with the cost
of the regular premium for such Welfare Benefits shared in the same relative
proportion by the Company and the Executive as in effect on the date of termination;

     (iv) the Termination Benefits set forth in (i), (ii), and (iii) above shall
continue effective until the sooner to occur of (x) the expiration of the Initial
Term or (y) one (1) year from the date of the termination of the Executive’s
employment. Notwithstanding the foregoing, nothing in this Section 6(d) shall be
construed to affect the Executive’s right to receive COBRA continuation entirely at
the Executive’s own cost to the extent that the Executive may continue to be
entitled to COBRA continuation after the Executive’s right to cost sharing under
Section 6(d)(iii) ceases; and

     (v) any Reserved Options exercisable granted to the Executive which are not
vested at that time shall be deemed to have vested to the extent of fifty percent
(50%) of such remaining unvested portion, or the Reserved Options which

6

 

     would have
vested in the twelve (12) month period immediately following the date of
termination, whichever is greater.

          (e) Disability. At the election of the Company, this Agreement shall terminate if the
Executive shall have failed to render and perform on a full-time basis the services required of him
under this Agreement during any period of 90 days within any 120 day period during the Term because
of physical or mental disability. Prior to any such termination, the Company shall give to the
Executive written notice of its intention to terminate the Executive’s employment, which notice
shall be effective immediately. In the event of such termination, the Company shall have no
further obligation for the payment of compensation or benefits hereunder, except (i) for
compensation and benefits accrued and unpaid through the termination date as provided in Section
6(d) above and (ii) the payment of any disability insurance to which the Executive may be entitled.
If there should be any dispute between the parties as to the Executive’s physical or mental
incapacity or disability pursuant to this Section 6(e), such question shall be settled by the
opinion of an approved medical doctor. For this purpose an approved medical doctor shall mean a
medical doctor selected by the Company and the Executive. If the parties cannot agree on a medical
doctor, each party shall select a medical doctor and the two doctors shall select a third who shall
be the approved medical doctor for this purpose. The opinion of such medical doctor as to the
matter in dispute shall be final and binding on the parties.

          (f) Death. In the event of termination as a result of the Executive’s death, the
Company shall have no further obligation to the Executive’s representatives and heirs hereunder
except (i) for compensation and benefits accrued and unpaid through the termination date as
provided in Section 6(d) above and (ii) any Reserved Options exercisable granted to the Executive
which are not vested at the time of death shall be deemed to have vested to the extent
of fifty percent (50%) of such remaining unvested portion unless the Option Plan provides for
a greater vesting following the death of a participant of the Option Plan. If the Executive should
die while receiving any payments pursuant to sub-sections (i) and (v) of Section 6(d) above, the
remaining payments which would have been made to the Executive if he had lived shall be paid to the
beneficiary designated in writing by the Executive; or if there is no effective written
designation, then to his spouse; or if there is neither an effective written designation nor a
surviving spouse, then to his estate. Designation of a beneficiary or beneficiaries to receive the
balance of any such payments shall be made by written notice to the Company, and the Executive may
revoke or change any such designation of beneficiary at any time by a later written notice to the
Company.

          7. Non-Compete, Non-Solicitation, Proprietary Information, Confidentiality and Inventions
Agreements.

          (a) Non-Compete Agreement. The Executive agrees to sign the Non-Compete,
Non-Solicitation, Proprietary Information, Confidentiality and Inventions Agreement, the form of
which is attached hereto as Exhibit “A,” and to comply with such Agreement during the Term.

          (b) Litigation and Regulatory Cooperation. During the Executive’s employment, the
Executive shall cooperate fully with the Company in the defense or prosecution

7

 

of any claims or
actions now in existence or which may be brought in the future against or on behalf of the Company
which relate to events or occurrences that transpired while the Executive was employed by the
Company; provided, however, that the Executive shall be permitted to give testimony and appear as a
witness in any proceeding in which such testimony or appearance is required by law. The
Executive’s full cooperation in connection with such claims or actions shall include, but not be
limited to, being available to meet with counsel to prepare for discovery or trial and to act as a
witness on behalf of the Company at mutually convenient times. During the Executive’s employment,
the Executive also shall cooperate fully with the Company in connection with any investigation or
review of any federal, state or local regulatory authority as any such investigation or review
relates to events or occurrences that transpired while the Executive was employed by the Company.
The Executive also agrees to provide reasonable cooperation to the Company on matters of the type
described in this Section 7(b) after termination of the Executive’s employment. The Company shall
reimburse the Executive for any reasonable out-of-pocket expenses incurred in connection with the
Executive’s performance of obligations pursuant to this Section 7(b), including any legal fees and
travel and lodging costs approved in advance by the Board.

          (c) Remedies. The Executive agrees that it would be difficult to measure any damages
caused to the Company which might result from any breach by the Executive of the promises set forth
in this Section 7, and that in any event money damages would be an inadequate remedy for any such
breach. Accordingly, the Executive agrees that if the Executive breaches, or proposes to breach,
any portion of this Section 7, the Company shall be entitled, in addition to all other remedies
that it may have, to an injunction or other appropriate equitable relief to restrain any such
breach without showing or proving any actual damage to the Company.

          8. General.

          (a) Arbitration of Disputes. Any controversy or claim arising out of or relating to
this Agreement or the breach thereof or otherwise arising out of the Executive’s employment or the
termination of that employment (including, without limitation, any claims of unlawful employment
discrimination whether based on age or otherwise) shall, to the fullest extent permitted by law, be
settled by arbitration in any forum and form agreed upon by the parties or, in the absence of such
an agreement, under the auspices of the American Arbitration Association (“AAA”) in Los Angeles,
California, pursuant to the National Rules for the Resolution of Employment Disputes of the AAA,
including, but not limited to, the rules and procedures applicable to the selection of arbitrators.
In the event that any person or entity other than the Executive or the Company may be a party with
regard to any such controversy or claim, such controversy or claim shall be submitted to
arbitration subject to such other person or entity’s agreement. Judgment upon the award rendered
by the arbitrator may be entered in any court having jurisdiction thereof. The arbitrator shall
have the authority to grant the prevailing party reasonable costs and expenses, including
reasonable attorney’s fees and the costs of the arbitration in accordance with applicable law.
This Section 8(a) shall be specifically enforceable. Notwithstanding the foregoing, this Section
8(a) shall not preclude either party from pursuing a court action for the sole purpose of obtaining
a temporary restraining order or a preliminary injunction in circumstances in which such relief is
appropriate; provided that any other relief shall be pursued through an arbitration proceeding
pursuant to this Section 8(a).

8

 

          (b) Integration. This Agreement and the Asset Purchase Agreement constitute the
entire agreement between the parties with respect to the subject matter hereof and supersede all
prior understandings and agreements between the parties, whether oral or written, with respect to
any related subject matter.

          (c) Assignment: Successors and Assigns, etc. Neither the Company nor the Executive
may make any assignment of this Agreement or any interest herein, by operation of law or otherwise,
without the prior written consent of the other party; provided that the Company may assign its
rights under this Agreement without the consent of the Executive in the event that the Company
shall effect a reorganization, consolidate with or merge into any other corporation, partnership,
organization or other entity, or transfer all or substantially all of its properties or assets to
any other corporation, partnership, organization or other entity; provided such successor is the
functional equivalent of the Company. This Agreement shall inure to the benefit of and be binding
upon the Company and the Executive, their respective successors, executors, administrators, heirs
and permitted assigns.

          (d) Enforceability. If any portion or provision of this Agreement (including, without
limitation, any portion or provision of any section of this Agreement) shall to any extent be
declared illegal or unenforceable by a court of competent jurisdiction, then that court shall have
the power to alter such provision to make it enforceable to the fullest extent permitted by law.
The remainder of this Agreement, or the application of such portion or provision in circumstances
other than those as to which it is so declared illegal or unenforceable, shall not be affected
thereby, and each portion and provision of this Agreement shall be valid and enforceable to the
fullest extent permitted by law.

          (e) Waiver. No waiver of any provision hereof shall be effective unless made in
writing and signed by the waiving party. The failure of any party to require the performance of
any term or obligation of this Agreement, or the waiver by any party of any breach of this
Agreement, shall not prevent any subsequent enforcement of such term or obligation or be deemed a
waiver of any subsequent breach.

          (f) Notices. Any notices, requests, demands and other communications provided for by
this Agreement shall be sufficient if in writing and delivered in person or sent by a nationally
recognized overnight courier service or by registered or certified mail, postage prepaid, return
receipt requested, to the Executive at the last address the Executive has filed in writing with the
Company (or if none, at the address set forth in the Asset Purchase Agreement), with a copy to the
Executive’s legal counsel designated by and at the last address the Executive has filed in writing
with the Company (or if none, then to Donald H. Jones, Esq. of Jones, Kaufman & Ackerman LLP, at
the address set forth in the Asset Purchase Agreement) or, in the case of the Company, at its main
offices, attention of the Chairman of the Board, and shall be effective on the date of delivery in
person or by courier or three (3) days after the date mailed.

          (g) Amendment. This Agreement may be amended or modified only by a written instrument
signed by the Executive and by a duly authorized representative of the Company.

9

 

          (h) Counterparts. This Agreement may be executed in any number of counterparts, each
of which when so executed and delivered shall be taken to be an original; but such counterparts
shall together constitute one and the same document.

          9. Consent to Jurisdiction.

          (a) Governing Law. This contract shall be construed under and be governed in all
respects by the laws of the State of California without giving effect to the conflict of laws
principles of such state.

          (b) Consent to Jurisdiction. To the extent that any court action is permitted
consistent with or to enforce Section 8(a) of this Agreement, the parties hereby consent to the
jurisdiction of the state and federal courts in Los Angeles, California. Accordingly, with respect
to any such court action, each of the Executive and the Company (a) submits to the personal
jurisdiction of such courts; (b) consents to service of process; and (c) waives any other
requirement (whether imposed by statute, rule of court, or otherwise) with respect to personal
jurisdiction or service of process.

          10. Indemnification and D&O Insurance. The Company and Nextera hereby agree to
indemnify and hold the Executive harmless consistent with the Company Group’s policies in effect
from time to time against any and all costs, losses, taxes, liabilities, obligations, damages,
lawsuits, deficiencies, claims, demands, and expenses, including without limitation interest,
penalties, costs of mitigation, reasonable attorneys’ fees and costs, judgments, fines and amounts
paid in settlement, actually and reasonably incurred in connection with any proceeding arising out
of the Executive’s employment with the Company or service as a director of Nextera, (whether civil,
criminal, administrative or investigative, other than proceedings by or in the right
of the Company), if with respect to the actions at issue in the proceeding Executive was not
grossly negligent and acted in good faith and in a manner Executive reasonably believed to be in,
or not opposed to, the best interests of the Company, and (with respect to any criminal action)
Executive had no reason to believe Executive’s conduct was unlawful. Said indemnification
arrangement shall (i) survive the termination of this Agreement for a period of two (2) years, (ii)
apply to any and all qualifying acts of Executive which have taken place during the Term,
including, but not limited to any and all qualifying acts as an officer and/or director of any
subsidiary or affiliate while Executive is employed by the Company, and (iii) be subject to any
limitations imposed from time to time under applicable law, and the respective certificates of
incorporation and the bylaws of the Company and/or Nextera, as the case may be, as in effect from
time to time. The Company and Nextera further agree to obtain, if not already in force, and to
continue to maintain, directors’ and officers’ liability insurance policies covering Employee at
least to the extent the Company and Nextera provides such coverage of the Company’s other directors
and senior officers.

10

 

INTENDING TO BE LEGALLY BOUND by this Agreement and IN WITNESS THEREOF, the undersigned
parties have executed this Agreement as of the day and year first above written.

	 	 	 
	 

	 	W LAB ACQUISITION CORP., a Delaware corporation
	 
	 	 
	 

	 	By: /s/ Michael P. Muldowney
	 

	 	Its: CEO
	 
	 	 
	 

	 	SCOTT J. WEISS
	 
	 	 
	 

	 	/s/ Scott J. Weiss
	 
	 	 
	 

	 	EXECUTING THIS AGREEMENT SOLELY WITH RESPECT TO SECTIONS 4(h) and 10:
	 
	 	 
	 

	 	NEXTERA ENTERPRISES, INC.,
	 

	 	a Delaware corporation
	 
	 	 
	 

	 	By: /s/ Michael P. Muldowney
	 

	 	Its: President & CFO
	 
	 	 

11

 

EXHIBIT A

NONCOMPETE, NON-SOLICITATION, PROPRIETARY INFORMATION,

CONFIDENTIALITY AND INVENTIONS AGREEMENT

          This Agreement (“Non-Compete Agreement”) is made as of March ___2006, by and between W Lab
Acquisition Corp., a Delaware corporation (the “Company”), and the undersigned Executive.
Executive and the Company have also entered into an Employment Agreement of even date herewith (the
“Employment Agreement”). In consideration of the employment and continued employment of Executive
by the Company, and also for the benefit of the Company’s successors, parents, subsidiaries and
affiliates (collectively, the “Company Entities”), the Executive agrees to certain restrictions on
activities necessary to avoid conflicts of interest, ensure the exclusivity of Executive’s services
and protect the goodwill, confidential information, and legitimate business interests of the
Company and its clients. Unless otherwise defined in this Non-Compete Agreement, capitalized terms
used in this Non-Compete Agreement shall have the same meaning as set forth in the Employment
Agreement. To further these objectives, the Executive agrees to comply with the following
provisions of this Non-Compete Agreement as follows:

NONCOMPETE/EXCLUSIVITY

During the period of employment by the Company:

	 	1.	 	the Executive will devote at least eighty (80) hours per month of the
Executive’s business time to the business of the Company Group in accordance with and
subject to the provisions and exceptions contained in Section 5 of the Executive’s
Employment Agreement with the Company of even date herewith;
	 
	 	2.	 	will not engage in any business activity, current or proposed (but only if the
proposal is made known to the Executive in writing by the Board), which competes with
the services or products being developed, marketed or sold by the Company Group; and
	 
	 	3.	 	will not, without prior written consent of the Company, invest in, enter into
or assist any venture, enterprise, or endeavor which competes or intends to compete
with the Company Group, other than as a less than five percent (5%) stockholder of a
publicly held company or a stockholder of a publicly held company which derives none or
an immaterial portion (i.e., less than ten percent (10%)) of its revenues from services
or products which compete with the services of the Company Group.

The Executive represents that, to the best of the Executive’s actual knowledge, employment by the
Company Group will not conflict with any agreement to which the Executive is subject.

NON-SOLICITATION

	 	1.	 	The Executive acknowledges that the names and details of the customers of the
Company Group whom the Executive’s has dealings while employed by the

1

 

	 	 	 	Company could constitute trade secrets belonging to the Company Group. In order to
preserve the Company’s trade secrets, during employment with the Company and for a
period of two (2) years after termination of the Executive’s employment with the
Company for any reason:

	 	(a)	 	the Executive will not solicit or cause to be solicited any
such customers, or aid in the solicitation of business from customers to which
the Executive actively solicited business during the Executive’s employment
with the Company, for the purpose of marketing or selling personal care
products; and
	 
	 	(b)	 	the Executive will not directly or indirectly (other than
through mass media solicitations that are not directed at the employees of the
Company Group) contact or solicit any employee of the Company Group with regard
to present, future or contemplated employment opportunities on behalf of
himself, or any other person, firm, corporation, governmental agency or other
entity.

PROPRIETARY INFORMATION

	 	1.	 	Proprietary Information refers to any information, not generally known in the
relevant trade or industry, relating to the business, business plans, operations,
services, customers, partners, members, clients, strategies, trade secrets, operations,
real and personal properties, records, accounting and financial information, assets,
data, projections, prospects, and technology of any or all of the Company Group, which
was obtained from the Company Group or any of its customers, agents, or representatives
during the Term of employment by the Executive. However, the Proprietary Information
does not include (i) information received by the Executive prior to his employment by
the Company (except to the extent such information is acquired by the Company pursuant
to the Asset Purchase Agreement), (ii) information received by the Executive in
connection with his employment by the Company which is or becomes generally available
to the public other than as a result of a disclosure by the Executive, (iii)
information that becomes available to the Executive on a non-confidential basis from a
source other than the Company Group, provided that such source is not bound by a
confidentiality agreement with or other contractual, legal or fiduciary obligation of
confidentiality to the Company Group with respect to such information, or (iv)
information that is developed by the Executive after termination of employment with the
Company and which does not relate to any business which the Company Group has at any
time engaged during the period of the Executive’s employment.
	 
	 	2.	 	Subject to the foregoing, Proprietary Information includes, but is not limited
to, the following items, whether or not labeled as such: customer lists, notes,
drawings and writings; computer programs (including source and object codes),
algorithms, systems, tools, spreadsheets, related documentation such as user manuals,
functional and technical specifications, system descriptions, program documentation,
output reports, terminal displays, and data file contents; plans,

2

 

	 	 	 	process and preparations for the Company’s current and proposed business activities;
discoveries, inventions, developments, ideas, research, engineering, designs, and
products; projects and improvements made or conceived in connection with the
Company’s customer and prospective customer’s lists; and marketing and financial
data of the Company and its clients.

	 	3.	 	The Executive agrees not to disclose the existence of or contents of any
documents, records, discs, tapes, and other media that contain Proprietary Information,
and will not copy or remove any such material from the Company or its customer’s
premises, except (i) as required by the Executive’s duties or as approved by the Board
or (ii) as required to be released by law or by court or administrative order, so long
as the Company is given notice thereof and a reasonable opportunity to take appropriate
steps to maintain the confidentiality thereof.
	 
	 	4.	 	The Executive agrees to comply with all reasonable restrictions and regulations
of the Company’s customers concerning any and all information such customers deem
proprietary or confidential.
	 
	 	5.	 	The Executive agrees that any material relating to any Proprietary Information
of the Company Group is and shall remain the property of the Company Group and that
upon termination of employment or at any earlier time as requested by the Company, the
Executive will immediately deliver such material and all copies in Executive’s
possession or control to the Company.
	 
	 	6.	 	The Company may provide the Executive with equipment (portable personal
computer, software, etc.) for Executive’s use in the course of employment by the
Company. The Executive acknowledges that, except as otherwise provided in the
Employment Agreement, any such equipment will remain the exclusive property of the
Company, and the Executive agrees to deliver such equipment to the Company, as directed
by the Company, upon termination of employment for any reason, or at any time upon
request of the Company.

CONFIDENTIALITY

	 	1.	 	Except (i) as required by the Executive’s duties or as approved by the Board or
(ii) as required to be released by law or by court or administrative order, so long as
the Company is given notice thereof and a reasonable opportunity to take appropriate
steps to maintain the confidentiality thereof, the Executive will not use or disclose
to anyone outside the Company Group, and will not use any Proprietary Information or
material relating to the business of the Company Group, or its customers, either during
or after employment by the Company, except with the written permission of the Company.
	 
	 	2.	 	The Executive will not knowingly disclose to the Company Group, and will not
knowingly induce the Company Group to use any confidential information or

3

 

	 	 	 	material belonging to others where such disclosure would, to the Executive’s actual
knowledge, violate any rights of, or any duty owing to, a third party.

	 	3.	 	The Executive agrees not to discuss any information or respond to any inquiries
from the press or other information agencies regarding the Company Group without the
express permission of the Board, other than responding in the ordinary course of
business to inquiries regarding the Company’s industry generally or products sold to
customers of the Company Group.
	 
	 	4.	 	The Executive shall be permitted to give testimony and appear as a witness in
any proceeding in which such testimony or appearance is required by law, provided the
Executive reasonably furnishes notice to the Company in order to enable the Company to
seek a protective order, if applicable.

INVENTIONS

	 	1.	 	The Executive agrees to disclose promptly and fully to the Company all
developments, inventions, discoveries, improvements, and proposals for new programs,
systems, services, products, tools, or business endeavors which are related to any
business activity by the Company Group, current or proposed in writing by the Board to
the Executive during employment by the Company (collectively called “Developments”).
	 
	 	2.	 	The Executive hereby assigns to the Company the Executive’s entire right,
title, and interest in each and every work product related to any business activity by
the Company, current or proposed in writing by the Board to the Executive during
employment by the Company, or Development (collectively called “Work Product”), made,
developed or conceived solely by the Executive or jointly with others during or in the
course of the Executive’s employment by the Company. Pursuant to Section 2870 of the
California Labor Code, the foregoing assignment of Work Product shall not apply to any
invention that the Executive developed entirely on his time without using the Company’s
equipment, supplies, facilities, or trade secret information except for those
inventions that either: (a) relate at the time of conception or reduction to practice
of the invention to the Company Group’s business, or actual or demonstrably anticipated
research or development of the Company Group; or (b) result from any work performed by
the Executive for the Company Group, which inventions shall be subject to assignment.
	 
	 	3.	 	The Executive agrees to grant to the Company a right of first refusal to market
on a mutually agreed royalty basis, and a perpetual non-exclusive license to use, each
and every Work Product or Development made, developed or conceived by the Executive
during employment by the Company which is not subject to assignment under the preceding
paragraph.
	 
	 	4.	 	During employment with the Company, the Executive agrees to provide the Board
with copies of any manuscripts produced by the Executive relating to the business

4

 

of the Company Group or which refers to the Company Group in any manner for approval
by the Company prior to submission for publication.

	 	5.	 	The Executive acknowledges and agrees that there are no Developments relating
in any way to the Company Group business which were made prior to employment with the
Company and which were not transferred as part of the purchased assets under the Asset
Purchase Agreement.

GENERAL

	 	1.	 	The Executive’s obligations under this Non-Compete Agreement shall survive the
termination of employment. The Executive understands that this Non-Compete Agreement
does not create an obligation of the Company Group or any other party to continue
employment.
	 
	 	2.	 	The Company shall have the unrestricted right to assign this Non-Compete
Agreement to its parent company, its affiliates, and any and all successors in
interest.
	 
	 	3.	 	It is agreed that the Company may inform any person or entity subsequently
employing or evidencing an intention to employ, Executive of the nature of the
information the Company asserts to be confidential, and may inform said person or
entity of the existence of this Non-Compete Agreement, and provide to such persons or
entity a copy of this Non-Compete Agreement.
	 
	 	4.	 	Any breach of this Non-Compete Agreement by the Executive may cause irreparable
damage, and in the event of such a breach, the Company shall have, in addition to any
remedies at law, the right to an injunction to prevent or restrain a breach of the
Executive’s obligations hereunder.
	 
	 	5.	 	The Company’s failure to exercise any rights under this Non-Compete Agreement
does not constitute a waiver of such right in the event of a subsequent violation of
this Non-Compete Agreement.
	 
	 	6.	 	This Non-Compete Agreement shall be governed by the laws of the state of
Executive’s employment.
	 
	 	7.	 	In the event a court of competent jurisdiction shall determine that any
provision in this Non-Compete Agreement is too restrictive in scope or duration, then
that court shall have the power to alter such provision to make it enforceable to the
fullest extent permitted by law. Such a determination shall not have the effect of
rendering any other provision herein contained invalid.
	 
	 	8.	 	Nothing in this Non-Compete Agreement is intended to, or shall, alter the
Executive’s obligations or the definition of “Assets” under the Asset Purchase
Agreement.

5

 

     INTENDING TO BE LEGALLY BOUND by this Non-Compete Agreement and IN WITNESS THEREOF, the
undersigned parties have executed this Non-Compete Agreement as of the day and year first above
written.

	 	 	 
	 

	 	W LAB ACQUISITION CORP., a Delaware corporation
	 
	 	 
	 

	 	 
	 

	 	By:
                
                
                
                
	 

	 	Its:
                
                
                
                
	 
	 	 
	 

	 	EXECUTIVE:
	 
	 	 
	 

	 	SCOTT J. WEISS
	 
	 	 
	 

	 	
                
                
                
                
                

6

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