Document:

ex102.htm

     

     

    EMPLOYMENT
AGREEMENT

     

    This
employment agreement (this “Agreement”) is made and entered into by Tactical Air
Defense Services, Inc., a Nevada corporation whose registered place of business
is123 W. Nye Lane, Suite 517, Carson City, Nevada 89706 (hereinafter, together
with is affiliates, subsidiaries, and successors, the "Company"), and Tom
Robinson, an individual residing at 9607 Prince James Place, Chesterfield, VA
23832, (hereinafter referred to as “Employee”).  This Agreement is in
connection with the employment of Employee by the Company subject to the terms
and conditions of this Agreement.

     

    In
consideration of the mutual covenants set forth below, the Company agrees to
employ Employee, and Employee agrees to be employed by the Company, commencing
July 14, 2010 (hereinafter, the “Effective Date”), and as set forth in this
Agreement.

     

    1.           DESCRIPTION
OF DUTIES

     

    A.           Position

     

    Employee
shall be employed in the capacity of Director of Disaster Relief Services, and
in such other capacities as may be mutually agreed upon from time to time by the
Company and Employee.

     

    B.           Essential
Job Functions and Duties

     

    Employee
shall perform such duties as are customarily performed by other persons in
similar such positions.

     

    C.           Duty
of Loyalty and Best Efforts

     

    Employee
shall devote his/her attention, knowledge, and skills to the Company's business
interests, and shall do so in good faith and with best
efforts.  Notwithstanding the above, the Company acknowledges and
agrees that Employee may become employed by additional companies (the
“Additional Companies”) in any capacity whatsoever, so long as Employee’s
devotion of such attention, knowledge, and skills do not substantially interfere
with Employee’s duty of loyalty and best efforts to the
Company.  Employee agrees to refrain from any interest or
participation, of any kind whatsoever, in any business directly competitive to
the Company’s business, for a term of one (1) year from the termination or
expiration of this Agreement.

     

    D.           Place
of Employment

     

    The
Company agrees that Employee, in his/her sole discretion, shall in good faith
determine his/her place of employment.  Notwithstanding the foregoing,
Employee acknowledges that his/her presence shall be required from time-to-time
at the registered place of business of the Company, or at such other location as
may be determined by the Company, at the expense of the Company.

     

    
      	
              2.  

            	
              COMPENSATION
      TERMS

            

    

     

    A.           Base
Salary

     

    Employee
shall receive a base salary (the “Base Salary”) of forty-eight thousand dollars
($48,000) per year, payable bi-weekly on the 15th and
30th of
each month, in arrears.  Notwithstanding the above, at its sole
discretion, the Company may pay the Base Salary, immediately following each
calendar quarter period (the “Period”), in restricted shares of its common stock
(the “Common Stock”) where the conversion price of accrued Base Salary is equal
to the lesser of (i) a fifty (50%) percent discount to the average closing price
of the Common Stock during the prior Period, or (ii) equal to the lowest price
of any Common Stock sold or issued by the Company during the prior
Period.

     

    B.           Stock
Incentive

     

    Employee
shall be given an initial grant of 10,000,000 fully-vested restricted shares of
Common Stock of the Company, as an additional inducement to enter into this
Agreement.

     

    C.           Bonus
Pool

     

    Employee
shall be eligible to participate in the management bonus pool, as determined by
the board of directors of the Company at its sole discretion.

     

    D.           Performance
Bonus

     

    In
connection with any new business (the “New Business”) generated for the Company
by Employee, Employee shall receive a performance bonus (the “Performance
Bonus”) of no less than ten (10%) percent of the operating profits derived by
the Company from any such New Business.  The Performance Bonus shall
be paid in cash to Employee in the same calendar month revenue from any such New
Business is received by the Company.

     

    E.           Exempt
Status

     

    Employee
understands that at all times he/she is employed as an independent contractor
and, therefore, he/she is not entitled to overtime wages or other
benefits.  Employee shall not receive overtime compensation for the
services performed under this Agreement, unless specifically agreed to in
writing.

     

    F.           Expense
Reimbursement

     

    Employee
shall be entitled to reimbursement of any pre-approved expenses incurred in the
performance of the functions and duties under this Agreement.  In
order to receive reimbursement, Employee must timely provide the Company with an
itemized account of all expenditures, along with suitable receipts
therefore.

     

    
      	
              3.  

            	
              TERM
      OF EMPLOYMENT

            

    

     

    Employee’s
employment with the Company is for a term of one (1) year from the Effective
Date.

     

    
      	
              4.  

            	
              COVENANTS

            

    

     

    
      	
              A.

            	
              Non-Disclosure
      of Trade Secrets and Other Proprietary
  Information

            

    

     

    Employee
agrees not to use, disclose, or communicate, in any manner, proprietary
information about the Company, its operations, clientele, or any other
proprietary information, that relate to the business of the
Company.  This includes, but is not limited to, the names of the
Company’s customers, clients, vendors, employees, or independent contractors, or
any other information of any kind which would be deemed confidential or
proprietary information of the Company.

     

    B.           Non-Solicitation
Covenant

     

    Employee
agrees that for a period of two (2) years following termination of employment,
for any reason whatsoever, Employee will not solicit, including but not limited
to, the following: customers or clients, prospective or otherwise, or vendors,
employees, or independent contractors, of the Company.

     

    
      	
              5.  

            	
              INDEMNIFICATION
      FOR THIRD PARTY CLAIMS

            

    

     

    The
Company agrees to indemnify and hold harmless Employee to the fullest extent
permitted by law, from and against any and all losses, claims, damages,
liabilities, obligations, penalties, judgments, awards, costs, expenses, and
disbursements (and any and all actions, suits, proceedings and investigations in
respect thereof and any and all legal and other costs, expenses and
disbursements in giving testimony or furnishing documents in response to a
subpoena or otherwise), including, without limitation, the costs, expenses, and
disbursements, as and when incurred, of investigating, preparing, or defending
any such action, suit, proceeding, or investigation (whether or not in
connection with litigation in which Employee is a party), directly or
indirectly, caused by, relating to, based upon, arising out of, or in connection
with, Employee’s acting for the Company, including, without limitation, any act
or omission by Employee in connection with his/her acceptance of or the
performance or nonperformance of his/her duties and obligations under this
Agreement, provided, however, such indemnification shall not apply to any
portion of any such loss, claim, damage, obligation, penalty, judgment, award,
liability, cost, expense, or disbursement to the extent it is found in a final
judgment by a court of competent jurisdiction (not subject to further appeal) to
have resulted primarily and directly from the gross negligence or willful
misconduct of Employee.

     

    If any
action, suit, proceeding, or investigation is commenced, as to which Employee
proposes to demand indemnification, he/she shall notify the Company with
reasonable promptness.  Employee shall have the right to retain
counsel of his/her own choice to represent him/her, which counsel shall be
reasonably acceptable to the Company, and the Company shall pay the fees,
expenses, and disbursements of such counsel, and such counsel shall, to the
extent consistent with its professional responsibilities, cooperate with the
Company and any counsel designated by the Company.  The Company shall
be liable for any settlement of any claim against Employee.  The
Company shall not, without the prior written consent of Employee, settle or
compromise any claim, or permit a default or consent to the entry of any
judgment in respect thereof, unless such settlement, compromise, or consent
includes, as an unconditional term thereof, the giving by the claimant to
Employee of an unconditional and irrevocable release from all liability in
respect of such claim.

     

    Neither
termination nor completion of the employment of Employee shall affect these
Indemnification Provisions which shall then remain operative and in full force
and effect.

     

    
      	
              6.  

            	
              ATTORNEYS’
      FEES AND COSTS

            

    

     

    Employee
and the Company agree that should any action be instituted by either party
against the other regarding the enforcement of the terms of this Agreement, the
prevailing party will be entitled to all of its expenses related to such
litigation including, but not limited to, reasonable attorneys' fees and costs,
both before and after judgment.

     

    
      	
              7.  

            	
              COUNTERPARTS

            

    

     

    For the
convenience of the parties, any number of counterparts of this Agreement may be
executed by the parties hereto.  Each such counterpart, transmitted
either digitally by email or facsimile, or as an original executed instrument,
shall be, and shall be deemed to be, an original instrument, but all such
counterparts taken together shall constitute one and the same
Agreement.

     

    
      	
              8.  

            	
              MISCELLANEOUS
      PROVISIONS

            

    

     

    A.           Notices

     

    The
parties agree that any notices that are required to be given under this
Agreement shall be given in writing, sent by certified mail, return receipt
requested, to the principal place of business of the Company or residence of
Employee as set forth herein.

     

    B.           Modifications

     

    This
Agreement embodies the entire agreement and understanding of the parties hereto
and supersedes any and all prior agreements, arrangements, and understanding
relating to the matters provided for herein.  Any modifications to
this Agreement may only be done in writing and must be signed by an officer of
the Company and Employee.

     

    C.           Severability
of Agreement

     

    To the
extent that any provision hereof is deemed unenforceable, all remaining
provisions of this Agreement shall not be affected thereby and shall remain in
full force and effect.

     

    D.           Waiver
of Breach

     

    The
waiver by the Company of a breach of any provision of this Agreement by Employee
shall not operate as a waiver of any subsequent breach by the
Employee.  No waiver shall be valid unless placed in writing and
signed by an officer of the Company.

     

    E.           Choice
of Law, Jurisdiction, and Venue

     

    Employee
agrees that this Agreement shall be interpreted and construed in accordance with
the laws of the State of Florida, and that any claims brought against the
Company related to the terms or conditions of employment shall be brought within
a court of competent jurisdiction within the county of Miami-Dade,
Florida.  Employee also consents to jurisdiction of any claims by the
Company related to the terms or conditions of employment by a court of competent
jurisdiction within the county of Miami-Dade, Florida.

     

    Agreed to
as of the date first written above, by and between:

     

     

    
_______________________________________________

    Tom
Robinson (“Employee”)

     

     

     

     

    ________________________________________________                                                                

    Tactical
Air Defense Services, Inc. (“Company”)

    Alexis C.
Korybut, President and CEOex103.htm

    SETTLEMENT
AGREEMENT

    

    THIS SETTLEMENT AGREEMENT (the “Agreement”) is
effective as of June 30, 2010 (the “Effective Date”) by
and between Tactical Air Defense Services, Inc., a Nevada corporation (the
“Company”) and
David Perin, an individual (“Perin”).  The
Company and Perin may be individually referred to herein as a “Party” and
collectively as the “Parties.”

    

    RECITALS

    

    WHEREAS,
Perin has provided the Company with certain services related to his past
employment with the Company (the “Services”);

    

    WHEREAS,
the Company and Perin are in disagreement as to the amounts claimed due and
owing in connection with such Services;

    

    WHEREAS,
Perin and the Company desire to settle and finalize all compensation and monies
due and owing to be paid to Perin in connection with the Services provided to
the Company as of the Effective Date;

    

    WHEREAS,
the Parties wish to enter into this Agreement and fully settle and forever
resolve any and all past, present and future claims Perin may have against the
Company;

    

    NOW,
THEREFORE, in consideration of the mutual covenants contained in this Agreement,
and for good and valuable consideration, the receipt of which is hereby
acknowledged, it is hereby agreed as follows:

    

    AGREEMENT

    

    1.           Release of
Claims.    Perin hereby agrees to fully settle and
forever resolve any and all past, present and future claims Perin may have
against the Company for, but not limited to, claims arising from and/or relating
directly or indirectly to reimbursement of fees and/or monies owed in connection
with and relating to the Services (hereinafter collectively referred to as
“Claims”).

    

    2.           Compensation.   As
compensation for the Services and the release of the Claims, the Company shall
issue Perin 2,500,000 shares of the Company’s restricted common stock (the
“Settlement
Shares”). The Settlement Shares shall represent the complete and final
settlement of the total compensation Perin has claimed as due and payable in
connection with Claims.

    

    3.           Waiver of Section
1542.     In signing this Agreement, Perin has
been advised of, understands and knowingly waives his rights under California
Civil Code Section 1542 which provides as follows: A GENERAL RELEASE DOES NOT
EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS
FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE
MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.

    

    4.           No Further
Claims.     Perin covenants and agrees never to
commence against the Company, any legal action or proceeding based in whole or
in part upon the Services, Claims, demands, allegations, and/or injuries
released in this Agreement.

    

    5.           No
Admission.    This Agreement shall not be considered
as an admission of liability by either Party and by entering into this
Agreement, neither Party has admitted the validity of any Claims herein
released.

    

    6.           Compliance with Securities
Laws.    Perin understands that the Settlement Shares
he is receiving hereunder are characterized as “restricted securities” under the
federal securities laws and that under such laws and applicable regulations such
securities may be resold without registration under the United States Securities
Act of 1933, as amended only in certain limited circumstances. It understood
that the certificates evidencing the Settlement Shares issued hereunder will
bear a legend in substantially the below form:

    

    “THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED.  THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR
HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT
TO THE SECURITIES UNDER SUCH ACT OR A LEGAL OPINION THAT SUCH REGISTRATION IS
NOT REQUIRED OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT.”

    

    7.           No Interference or
Solicitation.  Perin agrees that for a period of three years
following the Effective Date, that neither he nor any individual, partner(s),
limited partnership, corporation or other entity or business with which he is in
any way affiliated, including, without limitation, any partner, limited partner,
director, officer, shareholder, employee, or agent of any such entity or
business, will:  (i) request, induce or attempt to influence, directly
or indirectly, any employee of the Company to terminate their employment with
the Company; or  (ii) employ any person who as of the date of this
Agreement was, or after such date is or was, an employee of the
Company.  Perin further agrees that for a period of three years
following the Effective Date, he shall not, directly or indirectly, as an
employee, agent, consultant, stockholder, director, partner or in any other
individual or representative capacity of the Company or of any other person,
entity or business, solicit or encourage any present or future customer,
supplier, contractor, partner or investor of the Company to terminate or
otherwise alter his, his or its relationship with the
Company.  Following delivery of the Settlement Shares as described
herein, this provision shall survive the termination of this Agreement for any
reason.

    

    8.           Miscellaneous.

    

    a.           Necessary
Acts.  Each Party to this Agreement agrees to perform any
further acts and execute and deliver any further documents that may be
reasonably necessary to carry out the provisions of this Agreement.

    

    b.           Entire Agreement;
Modifications; Waiver.  This Agreement constitutes the entire
agreement between the Parties pertaining to the subject matter contained in it.
This Agreement supersedes all prior and contemporaneous agreements,
representations, and understandings of the Parties.  No supplement,
modification, or amendment of this Agreement shall be binding unless executed in
writing by all the Parties.  No waiver of any of the provisions of
this Agreement shall be deemed, or shall constitute, a waiver of any other
provisions, whether or not similar, nor shall any waiver constitute a continuing
waiver.  No waiver shall be binding unless executed in writing by the
Party making the waiver.

    

    c.           Dispute
Resolution.   The subject matter of this Agreement shall
be governed by and construed in accordance with the laws of the State of
California (without reference to its choice of law principles), and to the
exclusion of the law of any other forum, without regard to the jurisdiction in
which any action or special proceeding may be instituted.  EACH PARTY
HERETO AGREES TO SUBMIT TO THE PERSONAL JURISDICTION AND VENUE OF THE STATE
AND/OR FEDERAL COURTS LOCATED IN THE NORTH COUNTY OF SAN DIEGO, CALIFORNIA FOR
RESOLUTION OF ALL DISPUTES ARISING OUT OF, IN CONNECTION WITH, OR BY REASON OF
THE INTERPRETATION, CONSTRUCTION, AND ENFORCEMENT OF THIS AGREEMENT, AND HEREBY
WAIVES THE CLAIM OR DEFENSE THEREIN THAT SUCH COURTS CONSTITUTE AN INCONVENIENT
FORUM.  AS A MATERIAL INDUCEMENT FOR THIS AGREEMENT, EACH PARTY
SPECIFICALLY WAIVES THE RIGHT TO TRIAL BY JURY OF ANY ISSUES SO
TRIABLE.

    

    d.           Attorney’s
Fees.   Should any Party hereto employ an attorney for the
purpose of enforcing or constituting this Agreement, or any judgment based on
this Agreement, in any legal proceeding whatsoever, including insolvency,
bankruptcy, arbitration, declaratory relief or other litigation, the prevailing
party shall be entitled to receive from the other Party or Parties thereto
reimbursement for all reasonable attorneys’ fees and all reasonable costs,
including but not limited to service of process, filing fees, court and court
reporter costs, investigative costs, expert witness fees, and the cost of any
bonds, whether taxable or not, and that such reimbursement shall be included in
any judgment or final order issued in that proceeding.  The
“prevailing party” means the party determined by the court to most nearly
prevail and not necessarily the one in whose favor a judgment is
rendered.

    

    e.           No Oral Change;
Waiver.  This Agreement may only be changed, modified, or
amended in writing by the mutual consent of the Parties hereto.  The
provisions of this Agreement may only be waived in or by writing signed by the
Party against whom enforcement of any waiver is sought.

    

    f.           Severability.  If
any provision of this Agreement is invalid, illegal, or unenforceable, the
balance of this Agreement shall remain in effect.  If any provision is
inapplicable to any person or circumstance, it shall nevertheless remain
applicable to all other persons and circumstances.  If any
compensation provision is deemed unenforceable or illegal, then in the case of
the delivery of common stock to Perin, Perin shall be entitled to receive a cash
benefit equal to the value of the common stock that would have been tendered had
such a provision not been illegal or unenforceable.

    

    g.           Execution of the
Agreement.  The Company, the party executing this Agreement on
behalf of the Company, and Perin, have the requisite corporate power and
authority to enter into and carry out the terms and conditions of this
Agreement, as well as all transactions contemplated hereunder. All corporate
proceedings have been taken and all corporate authorizations and approvals have
been secured which are necessary to authorize the execution, delivery and
performance by the Company and Perin of this Agreement.  This
Agreement has been duly and validly executed and delivered by the Company and
Perin and constitutes a valid and binding obligation, enforceable in accordance
with the respective terms herein.  Upon delivery of this Agreement,
this Agreement, and the other agreements and exhibits referred to herein, will
constitute the valid and binding obligations of Company, and will be enforceable
in accordance with their respective terms.

    

    h.           Joint Drafting and Exclusive
Agreement.  This Agreement is the only Agreement executed by
and between the Parties related to the Claims described herein.  There
are no additional oral agreements or other understandings related to the Claims
described herein.  This Agreement shall be deemed to have been drafted
jointly by the Parties hereto, and no inference or interpretation against any
one Party shall be made solely by virtue of such Party allegedly having been the
draftsperson of this Agreement.  The Parties have each conducted
sufficient and appropriate due diligence with respect to the facts and
circumstances surrounding and related to this Agreement.  The Parties
expressly disclaim all reliance upon, and prospectively waive any fraud,
misrepresentation, negligence or other claim based on information supplied by
the other Party, in any way relating to the subject matter of this
Agreement.

    

    i.           Conflicts of
Interest.  The Parties shall exercise their best efforts to the
other Party aware of any conflicts of interest that exist between such Party,
including any other business of entity that such Party beneficially owns or
controls, and any interest of the other Party.  Disclosure of such
conflicts of interest may be made in writing or through oral
communication.  Acknowledgement of such conflicts of interest and
waiver of any cause of action against a Party related to a conflict of interest
may be made in writing or through oral communication.

    

    j.           Acknowledgments and
Assent.  The Parties acknowledge that they have been given at
least three (3) days to consider this Agreement and that they were advised to
consult with an independent attorney prior to signing this Agreement and that
they have in fact consulted with counsel of their own choosing prior to
executing this Agreement. The Parties agree that they have read this Agreement
and understand the content herein, and freely and voluntarily assent to all of
the terms herein.

    
 

    SIGNATURE
PAGE

    

    IN
WITNESS WHEREOF the Parties have executed this Agreement effective as of the day
and year first above written.

    

    
      	
              COMPANY

               

              Tactical
      Air Defense Services, Inc.

            	
              PERIN

               

              David
      Perin

            
	
               

               

               

              ___________________________________

            	
               

               

               

              ___________________________________

            
	
              By:
      Alexis Korybut

            	
              By:
      David Perin

            
	
              Its:
      Chief Executive Officer

            	
              An
      individual

            
	 
      	 
      
	 
      	 
      

    

    

    

    A
FACSIMILE COPY OF THIS AGREEMENT SHALL HAVE THE SAME LEGAL EFFECT AS AN ORIGINAL
OF THE SAME.

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      
        
          

          ________Perin _______Company

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