Document:

Offer Letter between Christopher B. Roberts and Integral Systems, Inc.

 Exhibit 10.1 

06/16/2010 
 Christopher Roberts 

1014 Priory Place 
 Mclean, VA 22101 

Dear Christopher:
 Integral Systems Inc. is
pleased to offer you the position of Chief Financial Officer. In this full-time exempt position you will report to Paul G. Casner in Columbia, MD, and be compensated at $ 7692.31 bi-weekly, which cumulatively is equivalent to $200,000.06 per
annum. You will be paid on alternating Fridays in accordance with normal payroll procedures. 
 As a regular full-time employee, you will be
eligible to participate in our comprehensive employee benefit program, which includes: Paid Time Off (vacation and sick), 401K Retirement Plan, Group Medical and Dental Insurance, Flexible Spending Accounts for Health and Dependent Care, Life
Insurance, Short and Long Term Disability Insurance, and Educational Assistance. Please note that Integral Systems Inc. reserves the right to modify benefits from time to time as it deems necessary. 

We are excited about your joining our team and we look forward to a beneficial and productive relationship. Nevertheless, you should be aware that your
employment with Integral Systems Inc. is for no specified period and constitutes “at-will” employment. This offer letter does not create a contract of employment, and any claims to the contrary, without the express written consent of
the CEO, are not valid. Integral Systems Inc. reserves the right to conduct a background investigation and/or reference checks on any prospective employee. Your job offer, therefore, is contingent upon a completion of such a background investigation
and/or reference checks. 
 Please indicate your acceptance of this offer by signing and dating this letter in the space provided below. By
accepting this offer you are indicating that you are not bound by any prior agreements that would preclude you from joining our company. A duplicate has been provided for your records. If you accept our offer, your first day of employment will be
Monday, June 28, 2010. Our offer of employment will lapse if it is not accepted, signed and returned by 6/23/2010. 
 This offer of
employment, and its commitments, supersedes all other offers and commitments, oral or written, explicit or implied, made by any person at Integral Systems, Inc. 

Christopher, we look forward to the prospect of your joining our team and working with Integral Systems Inc. as we work together to maintain our
leadership position in the satellite communications market.
 Paul G. Casner 

President and Chief Executive Officer 
 By
signing below I accept the position of Chief Financial Officer.
  

							
	 Christopher Roberts
	  	
 

	  	 June 16, 2010
	  	
	 Printed Name
	  	Signature	  	Date	  	

 Memorandum 
  

			
	To:	 	Christopher Roberts
		
	From:	 	Jean Robinson
		 	Director, Human Resources
		
	cc:	 	Paul G. Casner, Jr.
		 	President and Chief Executive Officer
		
	Date:	 	June 16, 2010
		
	Subject:	 	Offer of Employment

  

 
 This memo serves to confirm that, in addition to
the base compensation and fringe benefits defined in your offer letter, you will also be eligible for the following: 
  

	 	•	 	 Participation in the Integral Systems, Inc. Management Incentive Plan (MIP) with a target bonus opportunity of 50% of your annual salary based on the
Corporate and Individual performance parameters, as applicable, and as described in the Plan, and; 

  

	 	•	 	 Upon approval by the ISI Compensation Committee of the Board of Directors, you will be issued options to purchase 30,000 shares of the company’s
common stock. Such stock options will be governed by the standard terms and conditions of the Employee Stock Option Pool.

  

									
	Accepted:	 	
 

	  	Date:	 	 June 16, 2010
	 	
		 	(Christopher Roberts)Exclusive Agency Agreement

 Exhibit 10.1 

Contract No.(M)201006007(AG) 

Exclusive Agency Agreement 

 

 

 THIS EXCLUSIVE AGENCY AGREEMENT (this “Agreement”) is made by and between TURBINE TRUCK ENGINES,
INC., a Nevada Company address at 917 Biscayne Blvd., Suite 6 DeLand, Florida 32724 U.S.A. (hereinafter referred to as “TURBINE”), and Falcon Power Co., Ltd. a Taiwan company address at 6F. No.6, Sec.2, Nanjing E. road, Jhongshan District
104, Taipei (the “FALCON”) 

 

 

 WHEREAS, FALCON is the manufacturer and supplier of Hydrogen Energy Production System ( the “Products”) and

 WHEREAS, TURBINE agrees to be an exclusive agent of FALCON for the said products in the territory as defined in Article 1 hereof and FALCON
is desirous of granting it; 
 NOW THEREFORE, it is agreed between the parties as follows: 

 

 

 Article 1: Territory 
  

	1.	The word “Territory” in this Agreement means: State of New York, State of Florida, State of Oklahoma and State of Colorado of the United States of America
where TURBINE may resell Products. 

  

 1 

 Contract No.(M)201006007(AG) 

 

	2.	This Agreement is for regional exclusive agency, and TURBINE shall not assign this Agreement or any part of the obligation hereunder to any third party. Neither shall
TURBINE sell Products to anyone outside Territory or, knowingly or with reason to believe that Products would be resold, supplied to any person or firm in Territory for or with a view toward their resale outside Territory without a prior written
consent of FALCON. Unless with a prior written consent by FALCON and FALCON be a party of such agreement between TURBINE and third party, TURBINE shall not agree any third party and to resell or promote the Products and collect any fees. Any
agreement between TURBINE and third parties shall be null and void, and TURBINE shall indemnify FALCON against any and all costs, damages or loss of profit whatsoever arising from the breach of this Section. 

 

 

 Article 2: THE FALCON’S RESPONSIBILITIES 

 

	1.	Falcon shall provide the Product, plan, installation, technical support, and product maintenance. 

 

	2.	Falcon shall provide TURBINE with necessary sales and technical training. 

  

	3.	Falcon shall assist TURBINE in media promotion of the Product. 

 

 

  

 2 

 Contract No.(M)201006007(AG) 

 

 Article 3: THE TURBINE’S RESPONSIBILITIES 

 

	1.	The TURBINE shall to obtain the agreed amount of Distributors and establish the training system for the Distributors and provide services for the Distributors.

  

	2.	The Distributors established by the TURBINE and shall sign a Distribution Agreement directly with Falcon and exercise the rights and duties in accordance with that
Agreement. 

  

	3.	The TURBINE shall organize all media promotional events. 

  

	4.	The TURBINE shall inform FALCON the competition and the market updates within the Territory. Also if there are any infringements of trademark, patents or intellectual
properties in the Territory, the TURBINE shall report to FALCON promptly. 

  

	5.	The TURBINE shall send the sales report, and Distributor data to FALCON on the 10th of every month. 

 

	6.	The TURBINE agrees to follow the policy of Product pricing, profit sharing, and Distributor system set by FALCON. 

 

	7.	The TURBINE shall assist FALCON to resolve issues arise from the promotion and distribution of PRODUCTS, including but not limited to assist communication between
Distributors and Customers, collection of fees and solving disputes. 

  

	8.	The TURBINE shall bear any and all cost of itself during the period of This Agreement, including but not limited to salary, rental of offices, travel expenses and any
public relation cost. 

 

 

  

 3 

 Contract No.(M)201006007(AG) 

 

 

 

 Article 4: Duration and Sales Guarantee 

This Agreement shall come into force from the 18 day of June, 2010 to the 17 day of June, 2015 ̧ remain in force for a
period of 5 years. TURBINE shall meet the total Distributors requirement to at least 5 Distributors and/or have 40 sets of On-Site Hydrogen Energy Production System size 500 Nm3/hr in the first year of This Agreement. From the second year to the
fifth year of this Agreement period, every year TURBINE shall meet the requirement to at least 15 distributors and/or 70 sets of On-Site Hydrogen Energy Production System size 500 Nm3/hr. If TURBINE did not reach the yearly requirements mentioned
above, FALCON has the right to terminate This Agreement without the obligation to refund any Agency Fees. Upon Completion of This Agreement, after Falcon has evaluated TURBINE’S sales ability and performance to meet the target requirements
guarantee mentioned above, FALCON may grant TURBINE to obtain the right of renew this Agency Agreement. 

 

 

 Article 5: Agency Fees and Payment 
  

	1.	The Agency Fee of this Agreement which shall be paid to FALCON by TURBINE is One Million US Dollars (1,000,000 USD), TURBINE agrees to pay FALCON One Hundred Thousand
US Dollars (100,000 USD) as the down payment of Agency Fee within 3 days after this Agreement is signed by both parties and all relative legal tax (including the income tax of FALCON arising from the Agency Fee) should be borne by TURBINE.

  

 4 

 Contract No.(M)201006007(AG) 

 

	2.	This Agreement only valid when the One Hundred Thousand US Dollars (100,000 USD), which is the down payment of Agency Fee mentioned in the preceding Section is paid to
FALCON. The Remaining Agency Fees of Nine Hundred Thousand Dollars (USD 900,000) should be paid in Full to Falcon within 3 month after signed This Agreement, if TURBINE did not pay the Agency Fee in full within the deadline set above; Falcon shall
be entitled to sequestrate all Agency Fees paid by TURBINE, and terminate This Agreement immediately. 

  

	3.	The specified Agency Fee in this Agreement, under no circumstance shall be deductable or refundable. TURBINE shall make a T/T payment of Agency Fees to Falcon’s
designated Bank Account (listed in Exhibit A). (All wire-transfer generated fees shall be borne by TURBINE). 

  

	4.	All distributors supplied by TURBINE should be signing a separate Distributor Agreement, and pay the Distributing Fee to Falcon. When Falcon receives the amount of
Distribution Fee of US One Million Dollars (USD 1,000,000) from each distributor, Falcon will pay identical amount to TURBINE. If accumulated amount of Distributing Fee exceeds US One Million Dollars (USD 1,000,000), upon both parties agreement, the
exceeding amount shall be shared equally to Falcon and TURBINE. 

  

	5.	The Distribution Fee of the preceding paragraph shall be calculated in the 15th day of every month. 

 

 

  

 5 

 Contract No.(M)201006007(AG) 

 

 

 

 Article 6: Products 
  

	1.	The word “Products” in this Agreement means On-site Hydrogen Energy Production System developed by FALCON. The actual specification and quotation of the
Products will be provided by FALCON after Falcon has examined and evaluated the actual installation site of and the Products. Only then FALCON will give out official quotation and system specifications. 

 

	2.	Starting on the date of delivery by FALCON, under normal usage, without any Force Majeure events and the default of customers, FALCON will provide product maintenance
services during Customer rental period without further cost. (If any man made actions or other non-Force Majeure events caused malfunction of the product and require FALCON to do maintenances, then FALCON shall be entitled to charge the Customer for
any cost occurred.) 

 

 

  

 6 

 Contract No.(M)201006007(AG) 

 

 Article 7: Shipping Method and Profit sharing 

 

	1.	TURBINE or its Distributors will provide FALCON with Customer Information, and then FALCON will do site visit at the specific client site to compile detail product
specifications. Then, FALCON will give this specification and this quotation to the customer, and, after signing the rental agreement shall Falcon commence the installation of Products. 

 

	2.	After successful execution of installation at client site and collection of rental, FALCON will share the profit from rents to TURBINE. In the event of the Customer
stops renting the Products, FALCON will stop sharing profit from this customer to TURBINE. 

 The following is the
profit calculation example. The actual profit will base on the actual installed product specification: 
  

				
	 Product ID
	  	Profit /Month (USD)
	 500 Nm3/hr
	  	$	3750
	 200 Nm3/hr
	  	$	1500

 

 

  

				
	
 

	  	

	 500
Nm3/hr
	  	$	25,000
	 200
Nm3/hr
	  	$	10,000

  

 7 

 Contract No.(M)201006007(AG) 

 

 Article 8: Confidentiality 

 

	1.	During the term of this Agreement, both parties may acquire knowledge from each other, both parties agree to keep any and all information of the other party
confidential and shall not disclose such information to third party. In violation of this paragraph, the violating party shall bear all the cost of the damage of the other party. 

 

	2.	TURBINE is only allowed to use the company name, trademarks, and information of FALCON for the promotion of the Product, and has to guarantee the sound natural of the
promotions. TURBINE is not allowed to use the trade mark or company name of Falcon for any other purpose. Before releasing any promotional material, TURBINE should submit a copy to FALCON for vetting, and FALCON will reply with remarks. The
materials have to adjust in accordance with remarks of FALCON. 

  

	3.	This Article does not exempt FALCON and TURBINE for the breach of the actions of their representatives, directors, agents, employees, and subsidiaries.

 

 

  

 8 

 Contract No.(M)201006007(AG) 

 

 Article 9: Non-competition Clause 

TURBINE agrees that within 2 years after termination or expiration of This Agreement, TURBINE will not act against the purpose of this Agreement,
including but not limiting to (A) agreeing to provide advisory services to any person or entity, or having an economic interest in any entity, that engages in a Competitive Business, (B) soliciting (or assisting in the solicitation of) any
person or business who was a customer of Falcon or its Affiliates during Employee’s employment with the TURBINE or any of its Affiliates with respect to any Competitive Business or knowingly encourage any such person to cease doing business in
whole or in part with TURBINE or any of its Affiliates (C) contacting any persons or businesses who were suppliers or customers of Falcon or its subsidiaries during Employee’s employment with Falcon or any of its Affiliates for the purpose
of soliciting orders or establishing relationships for any business enterprise that engages in a Competitive Business, (D) making preparations to engage in any Competitive Business or to form a Competitive Business, including but not limited to
any research or development efforts aimed at ultimately benefiting a Competitive Business, (E) forming a Competitive Business, or (F) serving as a director, officer, employee, consultant, partner, member, agent, lender, guarantor,
shareholder, or representative of a Competitive Business. 

 

 

 Article 10: Termination and Remedies 

 

	1.	In the event of TURBINE does not pay Agency Fee in full according to Article 5 or does not meet the required sales guarantee specified in Article 4, FALCON shall be
entitled to terminate this Agreement. In the event of FALCON terminates This Agreement according to Article 4, FALCON will not return the Agency Fee. 

  

	2.	In the event of the Force Majeure occurs during the term of this Agreement, and prevents either party to continue this Agreement, this Agreement may be terminated by
either party. 

  

	3.	After signing this Agreement, in the event of either party becomes bankruptcy, insolvency, dissolution, modification, amalgamation, receivership proceedings effecting
the operation of its business, discontinuation of business for any reason and/or reorganization by the third party in the other party, either party hereto shall have the absolute right to terminate this Agreement with a written notice.

  

 9 

 Contract No.(M)201006007(AG) 

 

	4.	In the event of either party breach This Agreement, if the other party notifies the breaching party to cure such breach in written form, and such breach is not cured
within 30 days after the receiving such notice, the non-breaching party shall be entitled to terminate this Agreement immediately. 

  

	5.	Unless otherwise agreed in this Agreement, if this Agreement is terminated, both parties shall fulfill the liability and duty occurs prior to the termination of this
Agreement. 

 

 

 Article 11: Governing Law 

This Agreement shall be governed and interpreted by the law of Taiwan. 

 

 

  

 10 

 Contract No.(M)201006007(AG) 

 

 Article 12: Dispute Resolution 

 

	1.	The Parties shall use its best endeavor to settle every dispute arising out of or in connection with this Agreement (each a “Dispute”) to the extent permitted
by Law. If the issue is not resolved within sixty (60) business days, each Party shall have the right to seek resolution of a Dispute by providing written notice of the Dispute to the Arbitrator of Arbitration Committee of Hong Kong, which
notice shall be deemed sufficient notice to FALCON and TURBINE, or their designees or legal successors. The arbitration process will follow the procedure and laws of Hong Kong. 

 

	2.	All Arbitration will take place in Hong Kong. Each party should bear its own cost of the proceeding, including half of the arbitration fee and its own legal cost.

  

	3.	The fees for the arbitration and other charges shall be borne by the losing party. 

 

 

 Article 13: Miscellaneous 
  

	1.	At the time of signing this Agreement, TURBINE shall provide company registration/certificate and the personal identification/passport photocopy of the chairman of
TURBINE. 

  

	2.	All appendixes are part of this agreement. 

  

	3.	Each Party will each hold a copy of this Agreement. 

 

 

  

 11 

 Contract No.(M)201006007(AG) 

 

 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed and delivered by their duly
authorized officers. 
  

							
	TURBINE TRUCK ENGINES, INC.	 	FALCON POWER CO., LTD.
				
	By:	 	 /s/ Michael Rouse
	 	By:	 	 /s/ Ching-Chang Chang

				
		 	Michael Rouse	 		 	Dr. CHANG, CHING-CHANG
				
		 	President & CEO	 		 	Chairman
				
		 	917 Biscayne Blvd., Suite 6 DeLand,	 		 	6F., No.6, Sec.2, Nanjing E road, 104
				
		 	Florida 32724 U.S.A.	 		 	Taipei Taiwan R.O.C.

  

			
	

 TURBINE TRUCK ENGINES, INC.	 	

		
	

 Michael Rouse	 	

		
	

	 	

 22071751
		
	

 917 Biscayne Blvd., Suite 6 DeLand,	 	

		
	Date: 18 day of June 2010	 	Date: 18 day of June 2010

  

 12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]