Document:

Exhibit 10.16

 

AMENDMENT TO EMPLOYMENT AGREEMENT

 

THIS
AMENDMENT AGREEMENT is
made as of the 13th day of March, 2006 effective as of January 1,
2006

 

BETWEEN:

 

(1)                                                          Ness Technologies, Inc.

a Delaware
Corporation

of Kiryat Atidim,

Israel (the “Company”)

 

(2)                                                          Mr. Raviv Zoller

Israeli I.D.
58415092

of Ramat Efal, Israel

(the “Executive”)

 

(3)                                                          Ness Technologies Israel
Ltd.

of kiryat
Atidim, Israel

 

WHEREAS,
the Parties have previously entered into an Amended and Restated Employment
Agreement dated as of August 13, 2001 as amended on June 17, 2004
(the “Employment Agreement”), setting forth the terms and conditions of
the employment relationship of the Executive with the Company;

 

WHEREAS,
the Parties desire to amend the provisions of the Employment Agreement in the
manner hereinafter appearing:

 

NOW, THEREFORE,
in consideration of the premises, and intending to be legally bound, the
parties hereto hereby agree as follows:

 

1.                                       In
this Agreement, unless there is something in the subject or context
inconsistent therewith, capitalized terms appearing in this Agreement shall
have the meaning assigned to them in the Employment Agreement

 

2.                                       The
Employment Agreement shall hereby be amended as follows:

 

In Section 4 (a) as of January 1,
2006 the Monthly Salary shall be increased to the NIS equivalent of 25,000$US
adjusted as provided in that Section (based on the Israeli Consumer Price
Index published on January 15, 2006).

 

3.                                       In
section 5 (e) the following words shall be added: “In addition,
following the termination of the Executives employment pursuant to this Section 5(e),
the Company shall pay the Executive the pro rata portion of any bonus to which
Executive shall be entitled pursuant to Section 4(d) hereof and shall
continue to provide the Executives with his Monthly

 

 

Salary and such benefits and compensation as
the Company provided to the Executive during the Employment Period pursuant to Section 4
hereof for 6 months from the date of termination.”

 

4.                                       Except
as set forth in Section 2 hereof, the terms, conditions and agreements set
forth in the Employment Agreement are hereby ratified and confirmed and shall
continue in full force and effect.

 

IN WITNESS WHEREOF,
the parties have executed this Agreement on the date first above written.

 

 

	
  Ness Technologies Inc.

  	
   

  
	
   

  	
   

  
	
  BY:

  	
  /s/ AHARON
  FOGEL

  	
   

  	
   

  	
  /s/ RAVIV ZOLLER

  	
   

  	
   

  
	
   

  	
  Aharon Fogel

  	
   

  	
  Raviv Zoller

  	
   

  	
   

  
	
  Title:

  	
  Chairman of
  the Board

  	
   

  	
  President and CEO

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Ness Technologies Israel Ltd.

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  BY:

  	
  /s/ AHARON
  FOGEL

  	
   

  	
   

  	
  /s/ RAVIV ZOLLER

  	
   

  	
   

  
	
   

  	
  Aharon Fogel

  	
   

  	
  Raviv Zoller

  	
   

  	
   

  
	
  Title:

  	
  Chairman of
  the Board

  	
   

  	
  President and CEO

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Executive

  	
   

  	
  /s/ RAVIV ZOLLER

  	
   

  	
   

  
	
   

  	
   

  	
  Raviv Zoller

  	
   

  	
   

  
								

 

2Exhibit 10.18

 

AMENDMENT TO EMPLOYMENT AGREEMENT

 

THIS
AMENDMENT AGREEMENT is
made as of the 13th day of March, 2006 effective as January 1,
2006

 

BETWEEN:

Ness Technologies, Inc.

A Delaware Corporation

With offices at Kiryat Atidim,

Tel Aviv, Israel (the “Company”)

Mr. Ytzhak Edelman

 (the “Executive”)

 

WHEREAS,
the Parties have previously entered into an Employment Agreement dated as of April 21,
2005 (the “Employment Agreement”), setting forth the terms and
conditions of the employment relationship of the Executive with the Company;

 

WHEREAS,
the Parties desire to amend the provisions of the Employment Agreement in the
manner hereinafter appearing:

 

NOW, THEREFORE,
in consideration of the premises, and intending to be legally bound, the
parties hereto hereby agree as follows:

 

1.                                       In
this Agreement, unless there is something in the subject or context
inconsistent therewith, capitalized terms appearing in this Agreement shall
have the meaning assigned to them in the Employment Agreement

 

2.                                       The
Employment Agreement shall hereby be amended as follows:

 

In Section 4 (a) as of March 1,
2006 the Monthly Salary shall be increased to the 80,000 NIS adjusted as
provided in that Section (based on the Israeli Consumer Price Index
published on February 15th 2006).

 

3.                                       Except
as set forth in Section 2 hereof, the terms, conditions and agreements set
forth in the Employment Agreement are hereby ratified and confirmed and shall
continue in full force and effect.

 

IN WITNESS WHEREOF,
the parties have executed this Agreement on the date first above written.

 

	
  Ness Technologies Inc.

  	
   

  
	
   

  	
   

  
	
  BY:

  	
  /s/ AHARON
  FOGEL

  	
   

  	
   

  	
  /s/ RAVIV ZOLLER

  	
   

  	
   

  
	
   

  	
  Aharon Fogel

  	
   

  	
  Raviv Zoller

  	
   

  	
   

  
	
  Title:

  	
  Chairman of
  the Board

  	
   

  	
  President and CEO

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Executive

  	
   

  	
  /s/ YTZHAK EDELMAN

  	
   

  	
   

  
	
   

  	
   

  	
  Ytzhak EdelmanExhibit 10.24

 

AMENDMENT TO EMPLOYMENT AGREEMENT

 

THIS
AMENDMENT AGREEMENT is
made as of the 13th day of March, 2006 effective as of March 1,
2006.

 

BETWEEN:

(1)                                                          Ness Technologies, Inc.

a Delaware
Corporation

of Kiryat Atidim,Israel

( hereinafter including any subsidiary the “Company”)

 

(2)                                                          Mr. Tuvia Feldman

(the “Executive”)

 

WHEREAS,
the Parties have previously entered into an Employment Agreement dated as of December 12,
1995 and addendum as of August 27, 2000 (the “Employment Agreement”), setting forth the terms and conditions
of the employment relationship of the Executive with the Company;

 

WHEREAS,
the Parties desire to amend the provisions of the Employment Agreement in the
manner hereinafter appearing:

 

NOW, THEREFORE,
in consideration of the premises, and intending to be legally bound, the
parties hereto hereby agree as follows:

 

1.                                       In
this Agreement, unless there is something in the subject or context
inconsistent therewith, capitalized terms appearing in this Agreement shall
have the meaning assigned to them in the Employment Agreement

 

2.                                       The
Employment Agreement shall hereby be amended as follows:

 

In section H (1) and H (2) the
advance notice period upon termination by either party shall be extended to 12
months.

 

3.                                       Except
as set forth in Section 2 hereof, the terms, conditions and agreements set
forth in the Employment Agreement are hereby ratified and confirmed and shall
continue in full force and effect.

 

IN WITNESS WHEREOF,
the parties have executed this Agreement on the date first above written.

 

	
  Ness Technologies Inc.

  	
   

  
	
   

  	
   

  
	
  BY:

  	
  /s/ AHARON
  FOGEL

  	
   

  	
   

  	
  /s/ RAVIV ZOLLER

  	
   

  	
   

  
	
   

  	
  Aharon Fogel

  	
   

  	
  Raviv Zoller

  	
   

  	
   

  
	
  Title:

  	
  Chairman of
  the Board

  	
   

  	
  President and CEO

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Executive

  	
   

  	
  /s/ TUVIA FELDMAN

  	
   

  	
   

  
	
   

  	
   

  	
  Tuvia FeldmanExhibit 10.31

	
   

  	
  Apar Infotech Corporation

  
	
   

  	
  2581 Washington Road, Suite 232

  
	
   

  	
  Pittsburgh, PA 15241

  
	
   

  	
  Phone 412-851-1000

  
	
   

  	
  Fax 412-851-1585

  
	
   

  	
  www.apar.com

  
	
   

  	
  December 1st, 1999

  

 

Mr. Shashank Samant

3044/1247 Lakeside Drive

Sunnyvale, CA 94086 USA

Dear Shashank,

We are pleased to offer you the position of Senior
Vice President (E-Commerce Division) with Apar Infotech Corporation (the “Company”)
starting January 15th,
2000 or earlier. The terms and conditions of your employment with the Company
are set forth below. Your employment is contingent upon your agreement to these
terms and conditions, as evidenced by your signing the acknowledgment copy of
this letter and returning it to us before you join the company.

1. Business of
Company. The Company
is in the business of providing computer programming, engineering and
consulting services to customers (the “Customers”) on a contract basis. It
provides such services primarily through its employees. The Company seeks to
provide the highest level of service to its Customers by recruiting, locating,
training and retaining employees who have and/or will develop the high level of
computer programming, engineering and consulting skills necessary to fully
service it Customers’ needs.

2. Duties. In the portfolio of Sr. Vice
President—E-Commerce Division, you will be responsible for the world-wide
Sales, Marketing and Strategy activities of APAR’s business in Client-Server
Computing, E-Commerce Computing and making strategic alliances. Your domain
will include but not limited to Consulting, Projects and Products. You will
also have responsibility for the Profit-and-Loss (P&L) of the world-wide
E-Commerce Division. In above capacity, you will report to ‘President—Apar
Infotech Corporation.’  You are required
to comply with all the rules, regulations and procedures of the Company.

3. Compensation and
Benefits. Your
compensation will consist of a base amount of $175,000 per annum with a
guaranteed bonus of $6250 per quarter. All compensation is subject to
applicable taxes and withholdings. The base amount of your compensation will be
paid twice a months: on the first of each month for your services during the
first fifteen days (1st to 15th)
of the prior month, and on the fifteenth of each month for your services during
the last 15 days (16th to 31st)
of the prior month. Commissions will be paid according to the current
Commission Plan. You and your immediate family will be entitled to receive
health/dental benefits as are available from time to time for employees of the
Company.

4. Review of
Compensation. Your
performance will be reviewed at the end of your first twelve months of
employment and annually thereafter. You will be required to provide reports
concerning your work activities from time to time as required.

5. Employment-At-Will. Your employment with the Company is
on an at-will basis. Subject to the Notice of Termination provisions below, you
or the Company may terminate your employment, with or without cause, at
anytime.

6. Notice of
Termination. Except
in cases of termination by the Company due to your willful misconduct or
non-performance, either party may terminate this agreement between your date of
joining and March 31, 2000 without notice. However, either party must
provide 15 days advance notice of termination of employment. In the Agreement,
the word “termination” includes, but is not limited to, 

resignation, dismissal,
incapacity and any other form by which your employment with the Company ceases.
In case of termination, the Company also agrees to pay a minimum of six-month
gross compensation (calculated per clause ‘3’) as severance to you.

7. Repayment of
Relocation Expenses. In
the event you resign, with six months of the effective date of your employment,
you agree to repay any relocation expenses incurred by the Company in
connection with your initial employment.

8. Confidential
Information. During
the course of your employment, you will learn and/or be privy to confidential
information of the Company and/or its Customers. Preservation of the secrecy of
such confidential and proprietary information is of great value and importance
to the Company and its Customers. You therefore agree that, both during your
employment and at all times thereafter, you will no directly or indirectly use
or disclose any such confidential or proprietary information, except with prior
written approval from the Company and/or its Customers, as the case may be. You
also may receive documents, files or other materials (including computer
generated or stored matters) which contain confidential or proprietary
information of the Company and/or its customers. You agree to return all such
documents, files and materials, and any and all copies thereof, before
termination of your employment. Finally, to the extent that you have agreed to
confidentiality or non-disclosure agreements in prior employment relationships,
you agree to comply with such agreements and to not use or disclose the
confidential and proprietary information of others in connection with your
employment by the Company.

9. Ownership of
Intellectual Property.
You agree that all inventions, improvements, developments and/or discoveries
(whether or not patentable), and all works of authorship (whether or not
copyrightable) (hereinafter collectively “Intellectual Property”), which you
create or make as part of your duties within the Company, whether solely or
jointly with another or others, shall be the sole and exclusive property of the
Company and/or its Customers or their respective successors, assigns or
nominees, as determined by the Company and it Customers (“the Owner”). You
further agree that you shall promptly and fully disclose all such Intellectual
Property and shall execute, acknowledge and deliver, upon request of the Owner
and without further compensation, either during or subsequent to your
employment, all instruments which are desirable or necessary to prosecute an
application for and to acquire, maintain and enforce all patents, copyrights or
registrations covering such Intellectual Property in all countries. Moreover,
you hereby convey, assign and transfer your entire right, title and interest in
and to such Intellectual Property to the Owner and otherwise agree to cooperate
as necessary to perfect the Owner’s right and ownership therein.

10. Non-Solicitation
of Customers. In the
course of your employment, you will develop in-depth knowledge of the company,
its Customers and it employees. You will also develop relationships of special
trust and confidence with the Company’s Customers and its employees. Information
about the Company and its relationships of trust and confidence with its
Customers are of great value and importance to the Company and are the Company’s
exclusive benefit. To protect these important interests during your employment
you shall not directly or indirectly expropriate any corporate opportunities or
otherwise engage in any conduct adverse to the best interests of the Company
and is relationships with its Customers.

11. Non-Solicitation
of the Company’s Employees. During
your employment, and for a one (1) year period following termination of
your employment for whatever reason, you shall not, directly or indirectly,
solicit the services of (or otherwise deal in a manner adverse to the Company)
any employee of the Company or induce such employees to terminate his or her
employment.

12. Rights and
Remedies Upon Breach.
If you breach, or threaten to a breach, any material terms and conditions
hereof, then the Company shall have the following rights and remedies, each of
which shall be independent of the other and severally enforceable, and all of
which rights and remedies shall be in addition to, and not in lieu of, any
other rights and remedies available to the Company under law or in equity.

 2
 

13. Specific
Performance. The
right and remedy to have all provisions of the agreement specifically enforced
by any court having equity jurisdiction, including obtaining an injunction to
prevent any continuing violation thereof, it being acknowledged and agreed that
any such breach or threatened breach will cause irreparable injury to the
Company and that money damages will be difficult to ascertain and will not
provide an adequate remedy to the Company.

14. Damages, Costs
and Attorneys Fees. If
you are found to have breached this agreement by a court of competent
jurisdiction, you shall be liable for and agree to pay the Company: i) all
damages suffered by the Company as a result of your breach and ii) all costs
and reasonable attorneys fees incurred by the Company to enforce its rights
under this agreement.

15. Remedies
Cumulative; Waiver; Continued Effect. All remedies specified herein or otherwise available shall be
cumulative and in addition to any and every other remedy provided hereunder or
now or hereafter available. Waiver of any term or condition of this agreement
by any party shall not be construed as a waiver of a subsequent breach or
failure of the same term of condition; or a waiver of any other term or
condition of this agreement.

16. Governing Law. You recognize that the Company’s
Human Resources and other administrative departments are headquartered in
Pittsburgh, Pennsylvania and that this agreement was executed by the Company in
Pittsburgh, Pennsylvania and that it is a legitimate business interest of the
Company to have all employees’ agreements in the form of this agreement
interpreted consistently so that the Company and all employees may know of the
legal implications thereof. Accordingly, you agree that this agreement shall be
interpreted and enforced in accordance with the laws of the Commonwealth of
Pennsylvania, exclusive of its provisions relating to conflicts of laws. In
addition, you hereby submit to the jurisdiction of the federal and/or state
courts, as the case may be, sitting in Allegheny County, Pennsylvania, in
connection with any action arising from or relating to the enforcement,
interpretation or application of the terms of this agreement.

17. Assignability. You specifically acknowledge and
agree that in the event the Company should undergo any change in ownership or
change in structure or control, or should the Company transfer some or all of
its assets to another entity, the provisions of this agreement and the right to
enforce the same contained herein may be assigned by the Company to any company,
business, partnership, individual or entity, and that you will continue to be
bound by the terms hereof.

18. Entire Agreement. This agreement embodies the entire
agreement and understanding between the Company and you and supersedes all
prior agreements and understandings relation to the subject matter hereof.

19. Counterparts. This agreement may be executed in multiple counterparts, each of
which shall have the force and effect of an original.

	
  Agreed to and accepted with the express

  intent to be legally bound

  	
   

  	
  APAR INFOTECH CORPORATION

  
	
  /s/
  SHASHANK SAMANT

  	
   

  	
  /s/
  RAJEEV SRIVASTAVA

  
	
  Shashank Samant

  	
   

  	
                 Rajeev Srivastava President

  
	
  Date:

  	
        12/1/99

  	
   

  	
  Date:

  	
        12/1/99

  
					

 

 3

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