Document:

PROMISSORY NOTE

 $37,500.00

      FOR VALUE RECEIVED, the undersigned CALL COMPLIANCE, INC. (the
"Borrower"), having an address 90 Pratt Oval, Glen Cove, New York 11542,
promises to pay to the order of HENRY A. PONZIO, (the "Holder") at 446 Main
Street, Unit 15, Old Saybrook, CT 06475, or at such other place as may, from
time to time, be designated in writing by the Holder of this Note, the principal
sum of Thirty-Seven Thousand Five Hundred and 00/100 ($37,500.00) Dollars (the
"Principal Indebtedness"), on demand, at the rate of fourteen (14%) percent per
annum. Interest shall be paid monthly commencing October 31, 2005.

      All sums payable hereunder are payable in such coin or currency of the
United States of America as at the time of payment shall be legal tender for the
payment of public and private debts. In the event this Note shall be referred to
an attorney for collection of the amount due hereunder, Borrower shall be
responsible to pay all costs of collection, including, without limitation,
reasonable attorneys' fees, court costs and statutory interest charges.

      The time for the repayment of the Principal Indebtedness, and the time for
interest payments as herein stated are of the essence of this Note. If the said
repayment of the Principal Indebtedness, or the accrued interest thereon is not
paid in full within ten (10) days after the stated due dates, then the amount of
the payment due shall bear interest from the due date to the actual date of
payment at the lower of(a) the rate of eighteen (18%) percent per annum computed
from the said due date to the date of actual payment, or (b) the maximum rate of
interest permitted by applicable law.

      The makers and endorsers hereof, jointly and severally, waive (i)
valuation and appraisement, demand, presentment for payment, notice of dishonor,
protest and notice of protest with respect to this Note, and (ii) any right it
may have to demand a trial by jury with respect to the enforcement of, or any
controversy arising under or in any way relating to, this Note.

      This Note and every covenant and agreement herein contained shall be
binding upon Borrower and his successors and assigns, and shall inure to the
benefit of Holder and his successors and assigns.

      Borrower may repay the Principal Indebtedness in whole or in part,
together with all interest and other charges due hereunder at any time without
premium or penalty.

               This Note may not be changed or terminated orally.

<PAGE>

                                PROMISSORY NOTE

      This Note shall be construed and enforced in accordance with the laws of
the State of New York. The Maker expressly submits and consents to the
jurisdiction of the state and federal courts located in the State of New York,
County of Suffolk, with respect to any claim or demand upon the undersigned
based upon this Note or any amendment or supplement thereto, and the Maker
hereby waives personal service of any summons and complaint or other process of
papers to be issued in any action or proceeding based upon any such claim or
demand, and hereby agree that service of such summons and complaint or process
may be made by registered or certified mail to the Maker at the address set
forth herein. The failure of the Maker to appear or answer within thirty (30)
days after the mailing of such summons, complaint or process shall constitute a
default entitling the Holder to enter a judgment or order as demanded or prayed
for therein to the extent that the Court or duly authorized officer may
authorize or permit.

      IN WITNESS WHEREOF, the undersigned has executed this Note as of the 28th
day of October, 2005.

                                           CALL COMPLIANCE, INC.

                                           De~f~rfinkel
                                           -----------------------
                                           Pt ident

GUARANTEED BY:

COMPLIANCE SYSTEMS CORPORATION

               This Note may not be changed or terminated orally.2011.

NY462277.2 20818910001 01t26/2006 ar

	
shall be changed to:

	
5 White Hill Road

Cold Spring Harbor, NY 11724 

As hereby amended, all the terms and conditions of the Employment Agreement

shall continue in full force and effect. 

iN WITNESS WHEREOF, the parties hereto have executed this First Amendment

Agreement as of the day and year first above written. 

	
CALL COM~~~NQ~NC.

By: ______ 

	
 
        	
   	
~zi'Garfinkel 
        
	
Title: 
        	
   	
/ ' resident 
        

2. In Section 9 of the Employment Agreement, Executive's address

	
NY462277.2 

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2.              	
In Section 9 of the Employment Agreement, Executive's address  
	 
	 	
The following entities agree to guarantee the obligations of Call Compliance   
	 

Name:7~i 

COMPLIANCE SYSTEMS CORPORATION

CALL COMPLIANCE.COM, INC. 

Title: President 

CALL CENTER TOOLS, INC. (Formerly, "AMS NETWORK INC.") 

Nam7'an Garfinkel 

	
TitW: President 

JASMIN COMMUNICATIONS, INC.

Name: e Garfmkel 

T~ e: President 

2

	
GUARANTORS

	
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4

GUARANTORS

	
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GUARANTORS

	
1.              	
EMPLOYMENT. a. Call Compliance agrees to employ Employee and Employee agrees   
	 

to serve the Company during the period beginning with the date of this Agreement and ending

December 1, 2011 (the "Employment Period" or "Term"). 

b. Employee shall serve as Chairman of the Board of Call

Compliance and each Affiliate and shall serve in such other capacities and offices in the Company as the Board of Directors or senior management may reasonably request given Employee's skills and abilities. Commencing as of
July 1, 2005, Employee shall additionally serve as President of Call Compliance and each Affiliate. 

2. Paragraph 2 of the Employment Agreement is hereby deleted in its entirety and

the following paragraph 2 shall be substituted in its place: 

	
"2. Devotion of Time.

     During the Employment Period, Employee shall expend a substantial portion of his working time, as is required, for the Company, shall devote his best efforts, energy and skill to the services
of the Company and the promotion of its interest, and shall not take part in any activities for a Competitor (as hereinafter defmed) or otherwise detrimental to the best interests of the Company." 

4

	
 
        	
   	
GUARANTORS 
        
	
 
        
	
 
        	
   	
3. In Section 9 of the Employment Agreement, Executive's address shall be 
        
	
changed to: 
        	
   	
 
        
	
 
        
	
 
        
	
 
        	
   	
35 Quincy Avenue 
        
	
 
        	
   	
Bayville, NY 11709 
        

	
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GUARANTORS

As hereby amended, all the terms and conditions of the Employment

Agreement shall continue in full force and effect. 

	
iN WITNESS WHEREOF, the 
        	
   	
 
        
	
 
        
	
parties hereto have executed this First 
        	
   	
 
        
	
 
        	
   	
M. Brookstein Chief 
        
	
Amendment Agreement as of the day and year 
        	
   	
Financial Officer 
        
	
 
        
	
first above written. 
        	
   	
 
        

	
2

	
GUARANTORS

	
NY4620803 

208 18910001

3

3

3

	
GUARANTORS

	
By

	
:

Name: Barry M. Brookstein 

Title: Chief Financial Officei

	
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~ES CORP.

20818910001

	
flhI2f~I2Aflf ~r

5

	
~ES CORP.

     EMPLOYMENT AGREEMENT, dated as of December 1, 2001, between Call Compliance, Inc., a New York corporation ("Call Compliance"), with principal executive offices located at 90 Pratt Oval, Glen Cove, NY 11542, and Dean Garfinkel ("Employee"), an individual with an address at 255 Piping Rock Road, Old Brookville, NY 11545. 

     Employee is willing to serve as Chairman of the Board and Secretary of the Company, Compliance Systems Corporation, a Delaware corporation, the parent of the Company ("Compliance Systems"), and
each of the other current and future wholly-owned subsidiaries of Compliance Systems (hereinafter collectively, the "Affiliates") and the Company and each of the Affiliates desire to retain the Employee in such capacity on the terms and conditions
herein set forth. 

     The term "Company" as used in this Agreement shall be deemed to refer to Call Compliance and the Affiliates on a consolidated basis, and shall include any and all present and future
subsidiaries and afffliates thereof. For purposes of this Agreement, the term "Company's Board of Directors" shall refer to the Board of Directors of Call Compliance. 

     NOW, THEREFORE, in consideration of the mutual covenants herein contained, Call Compliance and the Employee hereby agree as follows: 

	
1.       	
EMPLOYMENT. a. Call Compliance agrees to employ Employee and Employee agrees to        
	 

serve the Company during the period beginning with the date of this Agreement and ending December
1, 2006 (the "Employment Period" or "Term"). 

     b. Employee shall serve as Chairman of the Board and Secretary of Call Compliance and each Affiliate and shall serve in such other capacities and offices in the Company as the Board of
Directors or senior management may reasonably request given Employee's skills and abilities. 

	
2. DEVOTION OF TIME.

     During the Employment Period, Employee shall expend all of his working time for the Company, shall devote his best efforts, energy and skill to the services of the Company and the promotion of
its interests, and shall not take part in activities detrimental to the best interests of the Company. 

	
3. COMPENSATION.

     For all services rendered by the Employee in any capacity required hereunder during the Term, including, without limitation, services as an executive, officer, director, or member of any
committee of the Company, the Executive shall be compensated as follows: 

a. Base Salary. Call Compliance shall pay the Employee an initial salary of 

5

EMPLOYMENT AGREEMENT 

Two Hundred and Forty Thousand Dollars ($240,000) per annum ("Base Salary"). The Base Salary shall be reviewed from time to time and subject to
such periodic increases as the Board of Directors shall deem appropriate in accordance with the Company's customary procedures and practices regarding the salaries of senior
officers.

187756v1/1o497.o4ol

	
EMPLOYMENT AGREEMENT

Base Salary shall be payable in accordance with the customary payroll practices of the Company, but in no event less frequently than monthly. 

     b. Bonus. The Employee shall be entitled to receive an annual bonus from the Company's Bonus Pool ("Bonus Pool") in an
amount as shall be determined in the sole discretion of the Company's Board of Directors. The Bonus Pool shall be equal to a percentage of the Company's pre-tax profit after the service of any debt ("Pre-Tax Earnings") on a calendar year basis,
starting with 25% of the first $io million in PreTax Earnings, and io% of any Pre-Tax Earnings in excess of
$10 million. 

     c. Additional Benefits. Except as modified by this Agreement, the Employee shall be entitled to participate in all
compensation or employee benefit plans or programs, and to receive all benefits, perquisites and emoluments, for which any salaried employees of the Company are eligible under any plan or program now or hereafter established and maintained by the
Company for senior officers, to the fullest extent permissible under the general terms and provisions of such plans or programs and in accordance with the provisions thereof, including group hospitalization, health, dental care, life or other
insurance, tax-qualified pension, savings, thrift and profit-sharing plans, termination pay programs, sick-leave plans, travel or accident insurance, disability insurance, automobile allowance or automobile lease plans, and executive contingent
compensation plans, including, without limitation, capital accumulation programs and stock purchase, restricted stock and stock option plans. Notwithstanding the foregoing, nothing in this Agreement shall preclude the amendment or termination of any
such plan or program, provided that such amendment or termination is applicable generally to the senior officers of the Company. 

     d. Perquisites. The Employee will be furnished, without cost to him/her, with perquisites consistent with those afforded
other senior executives holding positions with the Company comparable to the position held by the Employee, including the following: 

i. an allowance for the use of an automobile up to $i,ooo per month, plus maintenance, insurance and gasoline, at the discretion of the Board of Directors; 

ii. reimbursement of out-of-pocket expenses incurred in the discharge of the Employee's duties pursuant to this Agreement at the request of the Company; and 

iii. four (4) weeks paid vacation. 

	
4. TERMINATION.

     Call Compliance may terminate this Agreement and all obligations hereunder (unless otherwise provided): 

     a. Upon the death of Employee during the term hereof, except that the Employee's legal representatives, successors, assigns and heirs shall have those rights 

187756v1/1o497.o4ol

	
EMPLOYMENT AGREEMENT

and interests as otherwise provided in this Agreement, including the right to receive accrued but unpaid bonus compensation, if any. 

     b. Subject to the terms of Section 5 herein, upon written notice to the Employee, if Employee becomes totally disabled and as a result of such disability, has been prevented from and unable to
perform all of his/her duties hereunder for a consecutive period of 120 days or for an aggregate 120 days in any 12 month period (hereinafter, a "Disability"). 

     c. Upon written notice to the Employee of the following events: (i) jf the Employee is convicted of a felony or any crime involving fraud or theft; or (ii) if the Employee is found by a
governmental agency, a self-regulatory organization or convicted by a court of law or determined by the Board of Directors to have violated any statute, rule or regulation, or Company policy, regarding federal or state securities laws; or (iii) if
the Employee has committed an intentional and material breach of any of the material terms of this Agreement and Employee has failed to cure such breach within thirty (30) days
from the date written notification of such breach is given to Employee. In the event Employee's employment is terminated for any of the reasons above, Employee's employment shall be deemed to have been terminated for "Cause." 

     d. In the event of termination of this Agreement other than for death, Disability, Cause, or Voluntary Termination (as hereinafter defined) Employee shall be entitled to receive from Call
Compliance a payment equal to the greater of (i) an amount equal to twice the Base Salary or (ii) all compensation payable for the remainder of the term of the Agreement. Any amount payable hereunder shall be paid in six (6) equal installments over
a period of six (6) months following the date of termination. 

     e. In the event of termination of this Agreement for death, Cause or Employee unilaterally severs the employment relationship with the Company or this Agreement ("Voluntary Termination"),
earned but unpaid Base Salary as of the date of termination shall be payable in full. No other payments of any nature whatsoever, including unearned Base Salary, shall be made, or benefits provided, by the Company under this Agreement. 

     f. In the event of termination of this Agreement for any reason whatsoever (including Disability), the determination as to whether Employee shall be entitled to any Bonus Pool payment and the
timing thereof, if applicable, shall be in the sole discretion of the Board of Directors. 

	
5. DISABILITY DURING TERM.

     In the event of a termination upon Disability, Employee shall continue to receive his/her Base Salary as provided under Section 3 of this Agreement for a period of 12 additional months. However, the aforesaid obligation shall not extend beyond the term of this Agreement. The obligation to make aforesaid payments shall be modified and reduced and Call Compliance
shall receive a credit for all disability insurance payments provided by the Company, which Employee may receive or to which he/she may become entitled. 

	
-2-

	
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EMPLOYMENT AGREEMENT

	
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EMPLOYMENT AGREEMENT

     a. Confidential Information. The Employee recognizes and acknowledges that all information pertaining to the affairs,
business, clients, customers, vendors, technology, plans or prospects of the Company (being hereinafter referred to as the "Business"), as such information may exist from time to times, other than information that the Company has previously made
publicly available, is confidential information and is a unique and valuable asset of the Business, access to and knowledge of which are essential to the performance of the Employee's duties under this Agreement. The Employee shall not while
employed by the Company through the end of the Employment Period or earlier termination of this Agreement and for a one year period thereafter, as the case may be, except to the extent reasonably necessary in the performance of his/her duties under
this Agreement, divulge to any person, firm, association, corporation, or governmental agency, any information concerning the affairs, business, clients, customers, vendors, plans or prospects of the Business (except such information as is required
by law to be divulged to a government agency or pursuant to lawful process) or make use of any such information for his/her own purposes or for the benefit of any person, firm, association or corporation (except the Business) and shall use his/her
reasonable best efforts to prevent the disclosure of any such information by others. All records, memoranda, letters, books, papers, reports, accounting, experience or other data, and other records and documents relating to the Business, whether
made by the Employee or otherwise coming into his/her possession, are confidential information and are, shall be and shall remain the property of the Business. No copies thereof shall be made which are not retained by the Business, and the Employee
agrees, on termination of his/her employment or on demand of the Company, to deliver the same to the Company. 

     b. Patents. Any methods, developments, inventions and/or improvements, whether patentable or unpatentable, which
Employee may conceive or make along the lines of the Business while in its employ, shall be and remain the property of the Company. Employee further agrees on request to execute patent applications based on such methods, developments, inventions
and/or improvements, including any other instruments deemed necessary by the Company for the prosecution of such patent application of the acquisition of Letters Patent of this and any foreign country. 

     c. Non-Compete~ Non-Solicitation. Employee shall have access to and shall be directly or indirectly responsible for the
Company's customer lists, pricing, policies, projections, product development, trade secrets and other privileged and confidential information essential to the Company's business. For a period of one year following the expiration of the Term or
earlier termination of this Agreement, the Employee shall not without express prior written approval of the Company's Board, directly or indirectly (i) own or hold any proprietary interest in, or be employed by or receive remuneration from, any
corporation, partnership, sole proprietorship or other entity engaged in competition with the Company or any of its affiliates (a "Competitor"), or (ii) solicit for the account of any Competitor, any vendor, customer or client of the Company or its
affiliates any entity or individual that was a customer or client of the Company during the 12-month period immediately preceding the Employee's termination of 

	
1&7756V1/10497.0401

-3-

6.OThER DUTIES OF EXECUTIVE DURING AND AFTER TERM.

employment. The Employee also agrees not to act on behalf of any Competitor to interfere with the relationship between the Company or its affiliates and their employees. 

     For purposes of the preceding paragraph, (i) the term "proprietary interest" means legal or equitable ownership, whether through stockholding or otherwise, of an equity interest in a business,
firm or entity other than ownership of less than 5 percent of any class of equity interest in a publicly held business, firm or entity and (ii) an entity shall be considered to be "engaged in competition" if such entity is, or is a holding company
for, an entity engaged in the business of developing, marketing, licensing and/or selling technology and/or products capable of screening and blocking outbound calls against state, in-house and third-party "do not call" lists. 

     d. Remedies. The Company's obligation to make payments or provide for any benefits under this Agreement (except to the
extent vested) shall cease upon a violation of the preceding provisions of this Section 6. The Employee's agreement as set forth in this Section 6 shall survive the Employee's termination of employment with the Company. Employee acknowledges and
agrees that, in the event she violates any of the restrictions of this Section 6 the Company will be without adequate remedy at law and will therefore be entitled to enforce such restrictions by temporary or permanent injunctive or mandatory relief obtained in an action or proceeding instituted in the courts of the State of New York or any other court of competent
jurisdiction without the necessity of proving damages and without prejudice to any other remedies which it may have at law or in equity, and Employee hereby consents to the jurisdiction of such court for such purpose, provided that reasonable notice
of any proceeding is given, it being understood that such injunction shall be in addition to any remedy which the Company may have or law or otherwise. 

	
7. WITHHOLDING TAXES.

     The Company may directly or indirectly withhold from any payments made under this Agreement all Federal, state, city or other taxes as
shall be required pursuant to any law or governmental regulation or ruling. 

8. CONSOLIDATION, MERGER. OR SALE OF ASSETS. 

     Nothing in this Agreement shall preclude the Company from consolidation or merging into or with, or transferring all or substantially all their or its assets, to, another corporation which
assumes this Agreement and all obligations and undertakings of the Company hereunder. Upon such a consolidation, merger or transfer of assets assumption, the term "Call Compliance" or the "Company" as used herein shall mean such other corporation
and this Agreement shall continue in full force and effect. 

	
9. NOTICES.

     All notices, requests, demands and other communications required or permitted hereunder shall be given in writing and shall be deemed to have been duly given if
delivered or mailed, postage prepaid, by same day or overnight mail as follows: 

-4-

6.OThER DUTIES OF EXECUTIVE DURING AND AFTER TERM.

To the Company: Call Compliance, Inc. 

187756v1/1o497.o 4ol 

-5-

6.OThER DUTIES OF EXECUTIVE DURING AND AFTER TERM.

	
 
        	
   	
90 Pratt Oval 
        
	
 
        	
   	
Glen Cove, NY 11524 
        
	
To the Employee: 
        	
   	
Mr. Dean Garfinkel 
        
	
 
        	
   	
255 Piping Rock Road, 
        
	
 
        	
   	
Old Brookville, NY 11545 
        

or such other address as either party shall have previously specified in writing to the other. 

10. RIGHTS TO PAYMENTS. 

     Employee shall not under any circumstances have any option or right to require payments hereunder otherwise than in accordance with the terms of this Agreement. Except as required by law, no
right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge, hypothecation or to execution, attachment, levy, or similar process or assignment by operation
of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect; provided, however, that nothing in this Section 10 shall
preclude the assumption of such rights by executors, administrators or other legal representatives of the Employee or his/her estate and their assigning any rights hereunder to the person or
persons entitled thereto. 

11. SOURCE OF PAYMENT. 

     All payments provided for under this Agreement shall be paid in cash from the general funds of Call Compliance. The Company shall not be required to establish a
special or separate fund or other segregation of assets to assure such payments, and, if Call Compliance shall make any investments to aid it in meeting its obligations hereunder, the Employee shall have no right, title or interest whatever in or to
any such investments except as may otherwise be expressly provided in a separate written instrument relating to such investments. Nothing contained in this Agreement, and no action taken pursuant to its provisions, shall create or be construed to
create a trust of any kind, or a fiduciary relationship, between the Company and the Employee or any other person. To the extent that any person acquires a right to receive payments from the Company hereunder, such right, without prejudice to rights
which employees may have, shall be no greater than the right of an unsecured creditor of the Company. 

	
12. BINDING AGREEMENT.

     Expect as otherwise expressly provided herein, this Agreement shall be binding upon, and shall inure to the benefit of, the Company, its successors and assigns. This Agreement, as it relates to
the Employee, is a personal contract and the rights and interest of the Employee hereunder may not be sold, transferred, assigned, pledged or hypothecated except as expressly provided herein. 

-5-

6.OThER DUTIES OF EXECUTIVE DURING AND AFTER TERM.

The validity, interpretation, performance, and enforcement of this Agreement shall

be governed by the laws of the State of New York.

	
14. COUNTERPART.

     This Agreement may be signed in counterpart with the same effect as if all parties hereto have signed one and the same instrument. 

     IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by Its duly authorized officer and the Executive has signed this Agreement, all as of the first date above written.

	
Barry . Brookstein 

Chief Financial Officer

	
)~L9~EE: 

~ 

,~ac~inkel

	
-6-

	
187756v1/1o497.o4ol

	
13.GOVERNING LAW.

hereunder: The following entity agrees to guarantee the obligations of Call Compliance

	
-7-

	
187756v1/1o497.o4ol

GUARANTOR 

nc., a New York corporation ("Call Compliance"), with pr Pratt Oval, Glen Cove, NY 11542, and Barry M. Brook h an address at 14 Seacrest Drive. Huntington. NY 

1174~. 

	
~-,

	
The term "Corn

Liance and the 

Al 

187756v1/1o497.o4ol

	
GUARANTOR

Directors shall deem appropriate in accordance with the Company's customary procedures and practices regarding the salaries of senior officers. Base Salary shall be payable in accordance with the customary payroll practices
of the Company, but in no event less frequently than monthly. 

     b. Bonus. The Employee shall be entitled to receive an annual bonus from the Company's Bonus Pool ("Bonus Pool") in an
amount as shall be determined in the sole discretion of the Company's Board of Directors. The Bonus Pool shall be equal to a percentage of the Company's pre-tax profit after the service of any debt ("Pre-Tax Earnings") on a calendar year basis,
starting with 25% of the first $io million in PreTax Earnings, and 10% of any Pre-Tax Earnings in
excess of $10 million. 

     c. Additional Benefits. Except as modified by this Agreement, the Employee shall be entitled to participate in all
compensation or employee benefit plans or programs, and to receive all benefits, perquisites and emoluments, for which any salaried employees of the Company are eligible under any plan or program now or hereafter established and maintained by the
Company for senior officers, to the fullest extent permissible under the general terms and provisions of such plans or programs and in accordance with the provisions thereof, including group hospitalization, health, dental care, life or other
insurance, tax-qualified pension, savings, thrift and profit-sharing plans, termination pay programs, sick-leave plans, travel or accident insurance, disability insurance, automobile allowance or automobile lease plans, and executive contingent
compensation plans, including, without limitation, capital accumulation programs and stock purchase, restricted stock and stock option plans. Notwithstanding the foregoing, nothing in this Agreement shall preclude the amendment or termination of any
such plan or program, provided that such amendment or termination is applicable generally to the senior officers of the Company. 

     d. Perquisites. The Employee will be furnished, without cost to him/her, with perquisites consistent with those afforded
other senior executives holding positions with the Company comparable to the position held by the Employee, including the following: 

i. an allowance for the use of an automobile up to $i,ooo per month, plus maintenance, insurance and gasoline, at the discretion of the Board of Directors;

ii. reimbursement of out-of-pocket expenses incurred in the discharge of the Employee's duties pursuant to this Agreement at the request of the Company; and 

iii. four (4) weeks paid vacation. 

	
4. TERMINATION.

Call Compliance may terminate this Agreement and all obligations hereunder (unless

	
otherwise provided):

18~v.~6v1/1o4q7.o4o]

	
GUARANTOR

	
187756v1/1o497.o

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-2-

	
GUARANTOR

     a. Upon the death of Employee during the term hereof, except that the Employee's legal representatives, successors, assigns and heirs shall have those rights and interests as otherwise provided
in this Agreement, including the right to receive accrued but unpaid bonus compensation, if any. 

     b. Subject to the terms of Section 5 herein, upon written notice to the Employee, if Employee becomes totally disabled and as a result of such disability, has been prevented from and unable to
perform all of his/her duties hereunder for a consecutive period of 120 days or for an aggregate 120 days in any 12 month period (hereinafter, a "Disability"). 

     c. Upon written notice to the Employee of the following events: (i) if the Employee is convicted of a felony or any crime involving fraud or theft; or (ii) if the Employee is found by a
governmental agency, a self-regulatory organization or convicted by a court of law or determined by the Board of Directors to have violated any statute, rule or regulation, or Company policy, regarding federal or state securities laws; or (iii) if
the Employee has committed an intentional and material breach of any of the material terms of this Agreement and Employee has failed to cure such breach within thirty (30) days
from the date written notification of such breach is given to Employee. In the event Employee's employment is terminated for any of the reasons above, Employee's employment shall be deemed to have been terminated for "Cause." 

     d. In the event of termination of this Agreement other than for death, Disability, Cause, or Voluntary Termination (as hereinafter defined) Employee shall be entitled to receive from Call
Compliance a payment equal to the greater of (i) an amount equal to twice the Base Salary or (ii) all compensation payable for the remainder of the term of the Agreement. Any amount payable hereunder shall be paid in six (6) equal installments over
a period of six (6) months following the date of termination. 

     e. In the event of termination of this Agreement for death, Cause or Employee unilaterally severs the employment relationship with the Company or this Agreement ("Voluntary Termination"),
earned but unpaid Base Salary as of the date of termination shall be payable in full. No other payments of any nature whatsoever, including unearned Base Salary, shall be made, or benefits provided, by the Company under this Agreement. 

     f. In the event of termination of this Agreement for any reason whatsoever (including Disability), the determination as to whether Employee shall be entitled to any Bonus Pool payment and the
timing thereof, if applicable, shall be in the sole discretion of the Board of Directors. 

	
5. DISABILITY DURING TERM.

     In the event of a termination upon Disability, Employee shall continue to receive his/her Base Salary as provided under Section 3 of this Agreement for a period of 12 additional months. However, the aforesaid obligation shall not extend beyond the term of this Agreement. The obligation to make aforesaid payments shall be modified and reduced and Call
Compliance

-2-

 GUARANTOR shall receive a credit for all disability insurance payments provided by the

	
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-3-

	
GUARANTOR

	
6.       	
OTHER DUTIES OF EXECUTWE DURING AND AFTER TERM. a. Confidential Information. The Employee recognizes and acknowledges  
	 

that all information pertaining to the affairs, business, clients, customers, vendors, technology, plans or prospects of the Company (being hereinafter referred to as the "Business"), as such information may exist from time
to times, other than information that the Company has previously made publicly available, is confidential information and is a unique and valuable asset of the Business, access to and knowledge of which are essential to the performance of the
Employee's duties under this Agreement. The Employee shall not while employed by the Company through the end of the Employment Period or earlier termination of this Agreement and for a one year period thereafter, as the case may be, except to the
extent reasonably necessary in the performance of his/her duties under this Agreement, divulge to any person, firm, association, corporation, or governmental agency, any information concerning the affairs, business, clients, customers, vendors,
plans or prospects of the Business (except such information as is required by law to be divulged to a government agency or pursuant to lawful process) or make use of any such information for his/her own purposes or for the benefit of any person,
firm, association or corporation (except the Business) and shall use his/her reasonable best efforts to prevent the disclosure of any such information by others. All records, memoranda, letters, books, papers, reports, accounting, experience or
other data, and other records and documents relating to the Business, whether made by the Employee or otherwise coming into his/her possession, are confidential information and are, shall be and shall remain the property of the Business. No copies
thereof shall be made which are not retained by the Business, and the Employee agrees, on termination of his/her employment or on demand of the Company, to deliver the same to the Company. 

     b. Patents. Any methods, developments, inventions and/or improvements, whether patentable or unpatentable, which
Employee may conceive or make along the lines of the Business while in its employ, shall be and remain the property of the Company. Employee further agrees on request to execute patent applications based on such methods, developments, inventions
and/or improvements, including any other instruments deemed necessary by the Company for the prosecution of such patent application of the acquisition of Letters Patent of this and any foreign country. 

     c. Non-Compete. Non-Solicitation. Employee shall have access to and shall be directly or indirectly responsible for the
Company's customer lists, pricing, policies, projections, product development, trade secrets and other privileged and confidential information essential to the Company's business. For a period of one year following the expiration of the Term or
earlier termination of this Agreement, the Employee shall not without express prior written approval of the Company's Board, directly or indirectly (i)own or hold any proprietary interest in, or be employed by or receive remuneration from, any
corporation, partnership, sole proprietorship or other entity engaged in competition with the Company or any of its affiliates (a "Competitor"), or (ii) solicit for the account of any
Competitor, any vendor, customer or client of the Company or its affiliates any entity or individual that was a customer or client of the Company during 

187756v1/1o497.0

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Company, which Employee may receive or to which he/she may become entitled.

401 

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Company, which Employee may receive or to which he/she may become entitled.

the 12-month period immediately preceding the Employee's termination of employment. The Employee also agrees not to act on behalf of any Competitor to interfere with the relationship between the Company or its affiliates
and their employees. 

     For purposes of the preceding paragraph, (i) the term "proprietary interest" means legal or equitable ownership, whether through stockholding or otherwise, of an equity interest in a business,
firm or entity other than ownership of less than 5 percent of any class of equity interest in a publicly held business, firm or entity and (ii) an entity shall be considered to be "engaged
in competition" if such entity is, or is a holding company for, an entity engaged in the business of developing, marketing, licensing and/or selling technology and/or products capable of
screening and blocking outbound calls against state, in-house and third-party "do not call" lists. 

     d. Remedies. The Company's obligation to make payments or provide for any benefits under this Agreement (except to the
extent vested) shall cease upon a violation of the preceding provisions of this Section 6. The Employee's agreement as set forth in this Section 6 shall survive the Employee's termination of employment with the Company. Employee acknowledges and
agrees that, in the event she violates any of the restrictions of this Section 6 the Company will be without adequate remedy at law and will therefore be entitled to enforce such restrictions by temporary or permanent injunctive or mandatory relief
obtained in an action or proceeding instituted in the courts of the State of New York or any other court of competent jurisdiction without the necessity of proving damages and without prejudice to any other remedies which it may have at law or in
equity, and Employee hereby consents to the jurisdiction of such court for such purpose, provided that reasonable notice of any proceeding is given, it being understood that such injunction shall be in addition to any remedy which the Company may
have or law or otherwise. 

	
7. WITHHOLDING TAXES.

     The Company may directly or indirectly withhold from any payments made under this Agreement all Federal, state, city or other taxes as shall be required pursuant to any law or governmental
regulation or ruling. 

8. CONSOUDATION~ MERGERS OR SALE OF ASSETS.

     Nothing in this Agreement shall preclude the Company from consolidation or merging into or with, or transferring all or substantially all their or its assets, to, another corporation which
assumes this Agreement and all obligations and undertakings of the Company hereunder. Upon such a consolidation, merger or transfer of assets assumption, the term "Call Compliance" or the "Company" as used herein shall mean such other corporation
and this Agreement shall continue in full force and effect. 

	
9. NOTICES.

     All notices, requests, demands and other communications required or permitted hereunder shall be given in writing and shall be deemed to have been duly given if delivered or mailed,

-4-

 Company, which Employee may receive or to which he/she may become entitled. postage prepaid, by same day or overnight mail as follows: 

	
187756v1/1o497.o

4ol 

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Company, which Employee may receive or to which he/she may become entitled.

	
To the Company: 
        	
   	
Call Compliance, Inc. 
        
	
 
        	
   	
90 Pratt Oval 
        
	
 
        	
   	
Glen Cove, NY 11524 
        
	
To the Employee: 
        	
   	
Mr. Barry M. Brookstein 
        
	
 
        	
   	
14 Seacrest Drive, 
        
	
 
        	
   	
Huntington, NY 11743 
        

or such other address as either party shall have previously specified in writing to the other.

	
10. RIGHTS TO PAYMENTS.

     Employee shall not under any circumstances have any option or right to require payments hereunder otherwise than in accordance with the terms of this Agreement. Except as required by law, no
right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge, hypothecation or to execution, attachment, levy, or similar process or assignment by operation
of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect; provided, however, that nothing in this Section 10 shall
preclude the assumption of such rights by executors, administrators or other legal representatives of the Employee or his/her estate and their assigning any rights hereunder to the person or persons entitled thereto. 

11. SOURCE OF PAYMENT. 

     All payments provided for under this Agreement shall be paid in cash from the general funds of Call Compliance. The Company shall not be required to establish a special or separate fund or
other segregation of assets to assure such payments, and, if Call Compliance shall make any investments to aid it in meeting its obligations hereunder, the Employee shall have no right, title or interest whatever in or to any such investments except
as may otherwise be expressly provided in a separate written instrument relating to such investments. Nothing contained in this Agreement, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or
a fiduciary relationship, between the Company and the Employee or any other person. To the extent that any person acquires a right to receive payments from the Company hereunder, such right, without prejudice to rights which employees may have,
shall be no greater than the right of an unsecured creditor of the Company. 

	
12. BINDING AGREEMENT.

     Expect as otherwise expressly provided herein, this Agreement shall be binding upon, and shall inure to the benefit of, the Company, its successors and assigns. This Agreement, as it relates to
the Employee, is a personal contract and the rights and interest of the Employee hereunder may not be sold, transferred, assigned, pledged or hypothecated except as expressly provided herein. 

-5-

Company, which Employee may receive or to which he/she may become entitled.

The validity, interpretation, performance, and enforcement of this Agreement shall

be governed by the laws of the State of New York.

	
14. COUNTERPART.

This Agreement may be signed in counterpart with the same effect as if all parties

	
hereto have signed one and the same instrument.

     IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by Its duly authorized officer and the Executive has signed this Agreement, all
as of the first date above written. 

	
___ O PLIANCE, INC.

	
D n arfinkel

	
ec tary

	
Bar

	
. Brookstein

	
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187756v1/1o497.o4ol

	
13.GOVERNING LAW.

	
hereunder 
        	
   	
The following entity agrees to guarantee the obligations of Call Compliance 
        
	
: 
        	
   	
 
        

	
INC.

	
1ö775bV1f 10497.0401

	
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187756v1/1o497.o4ol

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