Document:

Share Purchase Agreement, dated December 27, 2006

 Exhibit 4.16 
  
 Dated: 27 December 2006 
  
 (1)    FIBERNET GROUP LIMITED 
 (as the Vendor) 
  
 (2)    GLOBAL CROSSING INTERNATIONAL, LTD 
 (as the Purchaser) 
  
 (3)    FIBERNET HOLDINGS LIMITED 
 (as the Company) 
  
 (4)    FIBERNET GMBH 
 (GmbH) 
  
 (5)    FIBERNET QUEST LIMITED 
 (Quest) 
  

  
 SHARE PURCHASE AGREEMENT 
 relating to 
 the sale and purchase of the
entire issue share capital 
 of 
 FIBERNET HOLDINGS LIMITED 
 and 
 FIBERNET QUEST LIMITED 
  

  
 

 
 London 
  
 99 Bishopsgate 
 London EC2M 3XF 
 +44 (0)20 7710 1000 (Tel) 
 +44 (0)20 7374 4460
(Fax) 
 www.lw.com 

 THIS AGREEMENT is dated 27 December 2006 and made 
  
 BETWEEN 
  

	 	(1)	FIBERNET GROUP LIMITED a company registered in England under number 3151663 whose registered office is at Rosalind House, Jays Close Viables, Basingstoke, Hampshire RG22 4BS
(the “Vendor”); 

  

	 	(2)	GLOBAL CROSSING INTERNATIONAL, LTD. a company registered in Bermuda under number EC-23973/ElN: 98-0193017 whose registered office is at Wessex House, 45 Reid Street, Hamilton
HM12, Bermuda (the “Purchaser”); 

  

	 	(3)	FIBERNET HOLDINGS LIMITED a company registered in England under number 3893421 whose registered office is at Rosalind House, Jays Close Viables, Basingstoke, Hampshire RG22
4BS (the “Company”); 

  

	 	(4)	FIBERNET GMBH a company with its seat in Frankfurt am Main, registered under number HRB 49059 with the commercial register at the local court of Frankfurt am Main
(“GmbH”); and 

  

	 	(5)	FIBERNET QUEST LIMITED a company registered in England under number 4098876 whose registered office is at Rosalind House. Jays Close Viables, Basingstoke, Hampshire RG22 4BS
(“Quest”). 

  
 WHEREAS: 
  

	 	(A)	The Vendor is the beneficial owner of the entire issued share capital of the Company, comprising one ordinary share with a par value of £1.00, and Quest, comprising 1,000
ordinary shares with a par value of £1.00 each. 

  

	 	(B)	The Company is indebted to the Vendor in the sum of £50,519,261.94 (the “Total Debt”). 

  

	 	(C)	The Vendor has agreed to cancel part of the Total Debt in the sum of £46,919,261.94 (the “Debt”) in consideration of the issue to the Vendor of 999 ordinary
fully paid shares of £1 each in the capital of the Company at a total premium of £46,918,262.94. The remaining balance of the Total Debt in the sum of £3,600,000 shall remain outstanding on arm’s length terms, accruing
interest, pursuant to the terms of an inter-company credit agreement dated the same date as this Agreement between the Vendor, as lender, and the Company, as borrower (the “Inter-Company Credit Agreement”). 

 

	 	(D)	Following the issue to the Vendor of 999 ordinary shares of £1 each in the capital of the Company referred to in Recital (C), the Purchaser wishes to acquire from the Vendor
the then entire issued share capital of the Company, comprising 1,000 ordinary shares of £1 each (the “Sale Shares”), for £1 to be left on inter-company account and on the terms of this Agreement (the
“Transaction”). 

  

	 	(E)	As part of the Transaction, the Vendor wishes to transfer to the Purchaser the rights (the “Rights”) and obligations (the “Obligations”) it holds
under or in respect of: (i) all accounts receivable (loans and trade accounts receivable) balances as at 31 August 2002 owed by GmbH to Vendor that have been subordinated to all current and future accounts receivables of creditors of GmbH,
under a declaration of subordination issued on 31 March 2003 (the “Declaration of Subordination”) and (ii) a guarantee issued on 16 June 2003 by the Vendor to GmbH for the fulfilment of all obligations of the Company
towards GmbH under a comfort letter issued on 19 November 2002, which is limited to a maximum amount of €10 million (the “Guarantee”). The Vendor, GmbH and the Purchaser have agreed to the assignment by the Vendor of
the Rights to the Purchaser, the assumption by the Purchaser of the Obligations and the release of the Vendor from the Guarantee, pursuant to the terms of this Agreement (the “Transfer”). 

  

	 	(F)	As part of the Transaction the Purchaser wishes to acquire from the Vendor the then entire issued share capital of Quest, comprising 1,000 ordinary shares of £1.00 each (the
“Quest Sale Shares”), for £1.00 to be left on inter-company account and on the terms of this Agreement. 

  
 NOW IT IS HEREBY AGREED as follows: 
  
 1.    Interpretation 
  
 In this Agreement, where the context admits: 
  
 “Completion” shall have the meaning given to it in Clause 7; and any reference to a “party” or “parties” is to a
party or the parties (as the case may be) to this Agreement and shall include any permitted assignees of a party. 
  

 2 

 2.    Agreement to subscribe for the Shares 
  
 The Vendor hereby agrees to subscribe for cash for 999 ordinary shares of
£1 each (fully paid) in the capital of the Company at a total premium of £46,918,262.94(the “Shares”) upon the basis that the liability to pay the subscription monies of £46,919,261.94 shall be set off against, and
shall thereby extinguish, the Debt and the Company hereby agrees to allot and issue the Shares on such terms. 
  
 3.    Sale of the Sale Shares and Quest Sale Shares 
  
 3.1    Terms of Sale 
  
 Subject to the terms of this Agreement, the Vendor shall sell and the Purchaser shall purchase, free from all liens, charges, equities and encumbrances
and together with all rights now or hereafter attaching thereto, the Sale Shares for £1 and Quest Sale Shares for £1. 
  
 3.2    No covenants for title 
  
 The Sale Shares and Quest Sale Shares are sold without any covenants, assurances or warranties as to title and the Purchaser shall accept the
Vendor’s title thereto without requisition or objection. 
  
 4.    Transfer of Rights and Obligations 
  
 In consideration of the mutual undertakings contained in this Agreement, and with effect from Completion: 
  

	 	(A)	the Vendor hereby assigns and transfers to the Purchaser the benefit of all the Vendor’s right, title, benefit and interest to, in and under the Rights to hold the same unto
the Purchaser absolutely, free and clear of all mortgages, charges, pledges, liens, trusts, claims and other interests; 

  

	 	(B)	the Purchaser hereby undertakes to assume, accept, observe, perform and discharge all the Obligations; and 

  

	 	(C)	GmbH and Quest hereby accept and acknowledge that they have been given written notice of the Transfer. 

  
 5.    Release Of The Vendor From the Guarantee 
  
 In consideration of the mutual undertakings contained in this Agreement, and
with effect from Completion, GmbH accepts the Purchaser as the guarantor under the Guarantee and fully releases the Vendor from all of its obligations (past, present and future) under the Guarantee to the fullest extent permitted by law. 

 
 6.    Condition Precedent 
  
 Completion shall be conditional on the execution but not completion of a
share purchase agreement for the entire issued share capital of the Vendor to be entered into by: (i) GC Acquisitions UK Limited; and (ii) Global Crossing (UK) Telecommunications Limited. 
  
 7.    Completion 
  
 Completion of the Transaction shall take place at 1 London Bridge, London
SE1 9BG after the satisfaction of the condition referred to in paragraph 6 on date to be agreed by the parties hereto whereupon: 
  

	 	(A)	the Company shall procure that there shall be held a meeting of its board of directors at which it shall be resolved to allot and issue the Shares on the terms set out in Clause 2;

  

	 	(B)	the liability to pay subscription monies for the Shares shall be set off against and shall extinguish the Debt and the Vendor shall deliver to the Company a receipt confirming the
Debt is extinguished and the Company and the Vendor shall make the appropriate entries in their respective books of account; 

  

	 	(C)	the Company shall procure to be delivered to the Vendor a duly executed share certificate for the Shares stating them to be credited as fully paid and that the appropriate entries
are made in its register of members to record the Vendor as being the registered holder of the Shares; 

  

	 	(D)	the Vendor shall deliver or cause to be delivered to the Purchaser duly executed transfers into the name of the Purchaser or its nominee in respect of the Sale Shares and Quest Sale
Shares, together with the relevant share certificates; 

  

 3 

	 	(E)	the £1 for the Sale Shares and the £1 for the Quest Shares shall be paid by the Purchaser to the Vendor on demand and meanwhile left on inter-company account; and

  

	 	(F)	the Company shall deliver to the Vendor the Inter-company Credit Agreement and instruct the Company Secretary to cause to be filed at Companies House the appropriate Form 88(2).

  
 8.    Acknowledgement of Debt

  
 Each of the Purchaser, the Company, GmbH and Quest
separately acknowledges to the Vendor that on completion of the transactions contemplated by this Agreement the only inter-company receivable that will be outstanding between the Vendor and any of the Purchaser, the Company, GmbH and Quest will be
the amount of £3,600,000 outstanding under the Inter-Company Credit Agreement. 
  
 9.    Further Assurance 
  
 At any time after the date hereof each of the parties shall, at the request and cost of another party or parties, execute or procure the execution of such documents and do or procure the doing of such acts and things as the party or parties
so requiring may reasonably require for the purpose of giving to the party or parties so requiring the full benefit of all the provisions of this Agreement. 
  
 10.    No Warranties 
  
 Neither the Vendor nor the Purchaser gives the other any representation, warranty or undertaking in relation to the Sale Shares and Quest Sale Shares or
the affairs of the Company or Quest. 
  
 11.    Counterparts 
  
 This Agreement may be executed in any number of counterparts and by the parties to it on separate counterparts, each of which is an original but all of which together constitute one and the same instrument. 
  
 12.    Law 
  
 This Agreement shall be governed by and construed in accordance with English
law. No person who is not a party to this Agreement shall have any right under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Agreement. 
  
 AS WITNESS the hands of the duly authorised representatives of the parties the day and year first before written.

  

					
	 SIGNED by
	 	)	    	 Jean F.H.P. Mandeville

	 duly authorised for and
	 	)	    
	 on behalf of
	 	)	    
	 FIBERNET GROUP LIMITED
	 	)	    	
			
	 SIGNED by LORRAINE DEAN
	 	)	    	Lorraine Dean
	 duly authorised for and
	 	)	    
	 on behalf of
	 	)	    
	 GLOBAL CROSSING
 INTERNATIONAL LTD.
	 	)
)	    	  DIRECTOR
			
	 SIGNED by
	 	)	    	 Jean F.H.P. Mandeville

	 duly authorised for and
	 	)	    
	 on behalf of
	 	)	    
	 FIBERNET HOLDINGS LIMITED
	 	)	    	
			
	 SIGNED by
 duly authorised for and
	 	)
)	    	Jean F.H.P. Mandeville
	 on behalf of
	 	)	    
	 FIBERNET GMBH
	 	)	    	
			
	 SIGNED by
 duly authorised for and
	 	)
)	    	Jean F.H.P. Mandeville
	 on behalf of
	 	)	    
	 FIBERNET QUEST LIMITED
	 	)	    	

  

 4Employment Agreement by and between ForeFront Group, Inc. and Allen Oleksyk

 Exhibit 10.1 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (“Agreement”) is made and entered
into on this 16th day of April, 2007, effective as of the date set forth in paragraph 2.1 below, and is by and between ForeFront Group, Inc., a Florida corporation (the “Company”), and Richard Allen Oleksyk (hereinafter called the
“Executive”). 
 R E C I T A L S 
 The Executive possesses knowledge and skills which the Company believes will be of substantial benefit to its operations and success, and the Company desires to employ the Executive on the terms and conditions set
forth below. 
 The Executive is willing to make his services available to the Company on the terms and conditions set forth below.

 AGREEMENT 
 NOW,
THEREFORE, in consideration of the premises and mutual covenants set forth herein, the parties agree as follows: 
  

	 	1.	Employment. 

 1.1 Employment and Term. The
Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein. 
 1.2 Duties of Executive. During the Term of Employment under this Agreement, the Executive shall serve as the President of the Company. The Executive shall diligently perform all services as may be assigned to him by the Chief
Executive Officer (“CEO”) and the Board of Directors (the “Board”) of Forefront Holdings, Inc., the parent of the Company (“Holdings”), and shall exercise such power and authority as may from time to time be delegated
to him by the CEO and Board. Specifically, the Executive will report to the CEO providing leadership and execution of the corporate objectives for the areas of sales, marketing, customer service, and the art department, as well as the duties and
responsibilities set forth on Schedule A attached hereto and made a part hereof (as may be amended from time-to-time). The Executive shall devote his full time and attention to the business and affairs of the Company, render such services to the
best of his ability, and use his best efforts to promote the interests of the Company. The Executive shall render such services at the Company’s location at 835 Bill Jones Industrial Drive, Springfield, Tennessee 37172, or at another suitable
location selected by the Board. The Executive shall relocate to the Company’s Springfield, Tennessee location (or alternative location as determined by the Board) within
             months of the Commencement Date. It shall not be a violation of this Agreement for the Executive to (i) serve on corporate, civic or charitable boards or
committees, (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions, or (iii) manage personal investments, so long as such activities do not significantly interfere with the performance of the
Executive’s responsibilities to the Company in accordance with this Agreement. 

	 	2.	Term. 

 2.1 Initial Term. The initial Term of
Employment under this Agreement, and the employment of the Executive hereunder, shall commence on the date hereof (the “Commencement Date”) and shall expire on the four (4) year anniversary of the Commencement Date, unless sooner
terminated in accordance with Section 5 hereof (the “Initial Term”). 
 2.2 Renewal Terms. At the end of the Initial
Term, the Term of Employment automatically shall renew for successive one year terms (subject to earlier termination as provided in Section 5 hereof), unless the Company or the Executive delivers written notice to the other at least 30 calendar
days prior to the Expiration Date of its or his election not to renew the Term of Employment. 
 2.3 Term of Employment and Expiration
Date. The period during which the Executive shall be employed by the Company pursuant to the terms of this Agreement is sometimes referred to in this Agreement as the “Term of Employment,” and the date on which the Term of Employment
shall expire (including the date on which any renewal term shall expire), is sometimes referred to in this Agreement as the “Expiration Date.” 
  

	 	3.	Compensation. 

 3.1 Base Salary. The
Executive shall receive a base salary at the annual rate of $190,000.00 (the “Base Salary”) during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to
applicable withholding and other taxes. The Base Salary shall be reviewed, at least annually, for merit increases and may, by action and in the sole discretion of the Board (or the compensation committee thereof), be increased at any time or from
time to time. 
 3.2 Bonuses. During the Term of Employment, the Executive shall be eligible to receive bonuses pursuant to any
management bonus program of the Company then in effect in such amounts and at such times as the Board (or the compensation committee thereof) shall determine in its sole discretion pursuant to the terms of the program. If at any time during the Term
of Employment the Executive is terminated without cause or as a result of disability of the Executive pursuant to the terms hereof or in the event of the death of the Executive, then the Executive (or his personal representative as the case may be)
shall be entitled to receive a pro-rata portion of the bonus, if any, which accrued during the applicable year in which said termination occurs. The amount of any such bonus, assuming the Executive’s achievement of applicable milestones, shall
be based primarily upon the overall performance of the Company. Subject to the approval of the Board (or the compensation committee thereof), the bonus potential for the President position is no less than 30% and no greater than 50% of the Base
Salary. 
  

	 	4.	Expense Reimbursement and Other Benefits. 

 4.1
Reimbursement of Expenses. Upon the submission of proper substantiation by the Executive, and subject to such rules 

  

 2 

 
and guidelines as the Company may from time to time adopt, the Company shall reimburse the Executive for all reasonable expenses actually paid or incurred by
the Executive during the Term of Employment in the course of and pursuant to the business of the Company. The Executive shall account to the Company in writing for all expenses for which reimbursement is sought and shall supply to the Company copies
of all relevant invoices, receipts or other evidence reasonably requested by the Company. This reimbursement shall cover, among other things, the cost of Executive’s cellular telephone use in connection with his Employment hereunder.

 4.2 Compensation/Benefit Programs. During the term of Employment, the Executive shall be entitled to participate in all medical,
dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executives and/or key employees, including savings,
pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans. 
 4.3 Working Facilities. During the Term of Employment, the Company shall furnish the Executive with an office, secretarial help and such other facilities and services suitable to his position and adequate for the performance of his
duties hereunder. In addition, the Company shall provide the Executive with a laptop computer for use in connection with his Employment hereunder. 
 4.4 Stock Options. During the Term of Employment, the Executive shall be eligible to be
granted options (the “Stock Options”) to purchase common stock (the “Common Stock”) of Holdings under (and therefore subject to all terms and conditions of) Holdings’ 2005 Stock Option Plan, as may be amended from
time-to-time, and any successor plan thereto (the “Stock Option Plan”) and all rules of regulation of the Securities and Exchange Commission applicable to stock option plans then in effect. The number of Stock Options and terms and
conditions of the Stock Options shall be determined by the committee appointed pursuant to the Stock Option Plan, or by the Board, in its sole discretion and pursuant to the Stock Option Plan. Holdings, subject to approval of the Board (or the
compensation committee thereof), shall issue to the Executive 100,000 Stock Options, vesting  1/3,  1/3, and  1/3 per year commencing on the first anniversary of the Commencement Date. 
 4.5 Relocation Allowance. The Executive shall be entitled to receive the following in
connection with his relocation from Germantown, Maryland to Springfield, Tennessee (or alternative location as may be determined by the Board): (i) an allowance of up to $40,000 for the realtor fees and closing costs associated with the sale of
his existing home in Germantown, Maryland, and the closing costs of his new home in Tennessee [(provided the purchase of such new home is consummated within one year from the Commencement Date)]; (ii) reasonable commuting and
lodging expenses for a period not to exceed              months from the Commencement Date; (iii) reasonable moving expenses related to packing and delivery of furniture and
other household belongings to Tennessee; (iv) automobiles will be reimbursed at rate of $0.485 per mile when driven to Tennessee for completion of the move; and (iv) an allowance of  1/2 month salary to compensate the Executive for travel, meals and lodging expenses incurred while Executive searches for a new home and other miscellaneous
expenses associated with his relocation (such amount to be payable upon completion of the Executive’s relocation to Springfield). All other expenses associated with the Executive’s relocation not described above shall be the sole
responsibility of the Executive. The Executive shall account to the Company in writing for all such relocation expenses for which reimbursement is sought and shall supply to the Company copies of all relevant invoices, receipts or other evidence
reasonably requested by the Company. 
  

 3 

 4.6 Other Benefits. The Executive shall accrue, pro-rata based upon the amount of months worked
during each calendar year, up to three weeks of vacation each calendar year during the Term of Employment, to be taken at such times as the Executive and the Company shall mutually determine and provided that no vacation time shall interfere with
the duties required to be rendered by the Executive hereunder. Any vacation time not taken by Executive during any calendar year shall be forfeited and shall not be carried forward into any succeeding calendar year, and the Executive shall not be
entitled to compensation therefor. The Executive shall receive such additional benefits, if any, as the Board shall from time to time determine. 
  

	 	5.	Termination. 

 5.1 Termination for Cause. The
Company shall at all times have the right, upon written notice to the Executive, to terminate the Term of Employment, for Cause. For purposes of this Agreement, the term “Cause” shall mean (i) an action or omission of the Executive
which constitutes a willful and material breach of, or failure or refusal (other than by reason of his disability) to perform his duties under, this Agreement which is not cured within fifteen (15) calendar days after receipt by the Executive
of written notice of same, (ii) fraud, embezzlement, misappropriation of funds or breach of trust in connection with his services hereunder, (iii) indictment or other formal charge by any governmental authority of a felony or any other
crime which involves dishonesty or a breach of trust, or (iv) gross negligence in connection with the performance of the Executive’s duties hereunder, which is not cured within fifteen (15) calendar days after written receipt by the
Executive of written notice of same. Any termination for Cause shall be made in writing to the Executive, which notice shall set forth in detail all acts or omissions upon which the Company is relying for such termination. The Executive (together
with legal counsel of his choice) shall have the right to address the Board regarding the acts set forth in the notice of termination. Upon any termination pursuant to this Section 5.1, the Company shall only be obligated to pay to the
Executive his Base Salary to the date of termination. The Company shall have no further liability hereunder (other than for reimbursement for reasonable business expenses incurred prior to the date of termination), subject, however, to the
provisions of Section 4.1. 
 5.2 Disability. The Company shall at all times have the right, upon written notice to the
Executive, to terminate the Term of Employment, if the Executive shall become entitled to benefits under the Company’s group disability policy or any individual disability policy then in effect, or, if the Executive shall as the result of
mental or physical incapacity, illness or disability, become unable to perform his obligations hereunder for a period of 90 days in any 12-month period. The Company shall have sole discretion based upon competent medical advice to determine whether
the Executive continues to be disabled. Upon any termination pursuant to this Section 5.2, the Company shall (i) pay to the Executive any unpaid Base Salary through the effective date of termination specified in such notice,
(ii) pay to the Executive a severance payment equal to six months of the Executive’s Base Salary at the time of the termination of the Executive’s employment with the Company, (iii) any bonus due under Section 3.2, above,
and (iv) continue to provide the Executive with the Benefits (as defined below) for such six-month period. The Company shall have no further liability hereunder (other than for reimbursement for reasonable business expenses incurred prior to
the date of termination, subject, however to the provisions of Section 4.1). 
  

 4 

 5.3 Death. Upon the death of the Executive during the Term of Employment, the Company shall pay to
the estate of the deceased Executive any unpaid Base Salary through the Executive’s date of death and any bonus due under Section 3.2, above. The Company shall have no further liability hereunder (other than for reimbursement for
reasonable business expenses incurred prior to the date of the Executive’s death), subject, however to the provisions of Section 4.1. 
 5.4 Termination Without Cause. At any time the Company shall have the right to terminate the Term of Employment by written notice to the Executive. Upon any termination pursuant to this Section 5.4 (that is not a termination
under any of Sections 5.1, 5.2, 5.3, or 5.5), the Company shall (i) pay to the Executive any unpaid Base Salary through the effective date of termination specified in such notice, (ii) continue to pay the Executive’s Base Salary for a
period of twelve (12) months from notice of termination hereunder payable in installments consistent with the Company’s normal payroll schedule, subject to applicable withholding and other taxes (the “Continuation Period”),
(iii) continue to provide the Executive with the benefits he was receiving under Section 4.2 hereof (the “Benefits”) through the end of the Continuation Period in the manner and at such times as the Benefits otherwise would have
been payable or provided to the Executive. In the event that the Company is unable to provide the Executive with any Benefits required hereunder by reason of the termination of the Executive’s employment pursuant to this Section 5.4, then
the Company shall pay the Executive cash equal to the value of the Benefit that otherwise would have accrued for the Executive’s benefit under the plan, for the period during which such Benefits could not be provided under the plans. The
Company’s good faith determination of the amount that would have been contributed or the value of any Benefits that would have accrued under any plan shall be binding and conclusive on the Executive. For this purpose, the Company may use as the
value of any Benefit the cost to the Company of providing that Benefit to the Executive. The Company shall have no further liability hereunder (other than for (x) reimbursement for reasonable business expenses incurred prior to the date of
termination, subject, however, to the provisions of Section 4.1, and (y) payment of compensation for unused vacation days that have accumulated during the calendar year in which such termination occurs). For all purposes under this
Agreement, the failure by Company to offer to renew the Agreement following the expiration of the Initial Term or any Renewal Term on the same terms and conditions hereunder shall not be treated as if the Company terminated this Agreement pursuant
to this Section 5.4. 
  

	 	5.5	Termination by Executive. 

 (a) The Executive shall
at all times have the right, upon 30 calendar days written notice to the Company, to terminate the Term of Employment. 
 (b) Upon
termination of the Term of Employment pursuant to this Section 5.5, the Company shall pay to the Executive any unpaid Base Salary through the effective date of termination specified in such notice. The Company shall have no further liability
hereunder (other than for reimbursement for reasonable business expenses incurred prior to the date of termination, subject, however, to the provisions of Section 4.1). At the Company’s sole option, upon receipt of notice from the
Executive pursuant 

  

 5 

 
to this Section, the Company may immediately terminate the Term of Employment, in which case, in addition to the covenants set forth above, the Company shall
pay the Executive 30 days of Base Salary. For all purposes under this Agreement, the failure by Executive to offer to renew the Agreement following the expiration of the Initial Term or any Renewal Term on the same terms and conditions hereunder
shall be treated as if the Executive terminated this Agreement pursuant to this Section 5.5, except that the Executive shall not be entitled to any Base Salary in excess of that which is due through the last day of Executive’s employment
hereunder. 
  

	 	5.6	Change in Control of the Company. 

 (a) In the
event that a Change in Control (as defined in paragraph (b) of this Section 5.6) in Holdings shall occur during the Term of Employment, the Company shall (i) pay to the Executive any unpaid Base Salary through the effective date of
termination, (ii) continue to pay the Executive’s Base Salary for a period of 12 months payable in installments consistent with the Company’s normal payroll schedule, subject to applicable withholding and other taxes. Further, upon
the Change in Control, the Executive’s Stock Options shall immediately vest. The Company shall have no further liability hereunder (other than for (1) reimbursement for reasonable business expenses incurred prior to the date of
termination, subject, however, to the provisions of Section 4.1, and (2) payment of compensation for unused vacation days that have accumulated during the calendar year in which such termination occurs). 
 (b) For purposes of this Agreement, the term “Change in Control” shall mean approval by the shareholders of Holdings of (x) a
reorganization, merger, consolidation or other form of corporate transaction or series of transactions, in each case, with respect to which persons who were the shareholders of Holdings immediately prior to such reorganization, merger or
consolidation or other transaction do not, immediately thereafter, own more than 50% of the combined voting power entitled to vote generally in the election of directors of the reorganized, merged or consolidated company’s then outstanding
voting securities, in substantially the same proportions as their ownership immediately prior to such reorganization, merger, consolidation or other transaction, or (y) a liquidation or dissolution of Holdings or (z) the sale of all or
substantially all of the assets of Holdings (unless such reorganization, merger, consolidation or other corporate transaction, liquidation, dissolution or sale is subsequently abandoned). 
 5.7 Resignation. Upon any notice or termination of employment pursuant to this Article 5, the Executive shall automatically and without further
action be deemed to have resigned as an officer, and if he was then serving as a director of Holdings, as a director, and if required by the Board, the Executive hereby agrees to immediately execute a resignation letter to the Board. 
 5.8 Release. The payment of any severance amount under this Article 5 is conditioned on the Employee executing and delivering to the Company and
Holdings a general release promptly after the effective date of termination. 
 5.9 Survival. The provisions of this Article 5 shall
survive the termination of this Agreement, as applicable. 
  

 6 

	 	6.	Restrictive Covenants. 

 6.1 Non-competition.
At all times while the Executive is employed by the Company and for a one (1) year period after the termination of the Executive’s employment with the Company for any reason, the Executive shall not, directly or indirectly, engage in or
have any interest in any sole proprietorship, partnership, corporation or business or any other person or entity (whether as an employee, officer, director, partner, agent, security holder, creditor, consultant or otherwise) that directly or
indirectly (or through any affiliated entity) engages in competition with the Company (based on the business in which the Company was engaged or was actively planning on being engaged as of the date of termination of the Employee’s employment
and in the geographic areas in which the Company operated or was actively planning on operating as of date of termination of the Employee’s employment); provided that such provision shall not apply to the Executive’s ownership of: Common
Stock of Holdings or the acquisition by the Executive, solely as an investment, of securities of any issuer that is registered under Section 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended, and that are listed or admitted for
trading on any United States national securities exchange or that are quoted on the National Association of Securities Dealers Automated Quotations System, or any similar system or automated dissemination of quotations of securities prices in common
use, so long as the Executive does not control, acquire a controlling interest in or become a member of a group which exercises direct or indirect control or, more than five percent of any class of capital stock of such corporation. 
 6.2 Nondisclosure. The Executive shall not at any time divulge, communicate, use to the detriment of the Company or for the benefit of any other
person or persons, or misuse in any way, any Confidential Information (as hereinafter defined) pertaining to the business of the Company. Any Confidential Information or data now or hereafter acquired by the Executive with respect to the business of
the Company (which shall include, but not be limited to, information concerning the Company’s financial condition, prospects, technology, customers, suppliers, sources of leads and methods of doing business) shall be deemed a valuable, special
and unique asset of the Company that is received by the Executive in confidence and as a fiduciary, and Executive shall remain a fiduciary to the Company with respect to all of such information. For purposes of this Agreement, “Confidential
Information” means information disclosed to the Executive or known by the Executive as a consequence of or through his employment by the Company (including information conceived, originated, discovered or developed by the Executive) prior to or
after the date hereof, and not generally known, about the Company or its business. Notwithstanding the foregoing, nothing herein shall be deemed to restrict the Executive from disclosing Confidential Information to the extent required by law.

 6.3 Nonsolicitation of Employees and Clients. At all times while the Executive is employed by the Company and for a one
(1) year period after the termination of the Executive’s employment with the Company for any reason, the Executive shall not, directly or indirectly, for himself or for any other person, firm, corporation, partnership, association or other
entity (a) employ or attempt to employ or enter into any contractual arrangement with any employee or former employee of the Company, unless such employee or former employee has not been employed by the Company for a period in excess of six
months, and/or (b) call on or solicit any of the actual or targeted prospective clients of the Company on behalf of any person or entity in connection with any 

  

 7 

 
business competitive with the business of the Company, nor shall the Executive make known the names and addresses of such clients or any information relating
in any manner to the Company’s trade or business relationships with such customers, other than in connection with the performance of Executive’s duties under this Agreement. 
 6.4 Ownership of Developments. All copyrights, patents, trade secrets, or other intellectual property rights associated with any ideas, concepts,
techniques, inventions, processes, or works of authorship developed or created by Executive during the course of performing work for the Company or its clients (collectively, the “Work Product”) shall belong exclusively to the Company and
shall, to the extent possible, be considered a work made by the Executive for hire for the Company within the meaning of Title 17 of the United States Code. To the extent the Work Product may not be considered work made by the Executive for hire for
the Company, the Executive agrees to assign, and automatically assign at the time of creation of the Work Product, without any requirement of further consideration, any right, title, or interest the Executive may have in such Work Product. Upon the
request of the Company, the Executive shall take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to give full and proper effect to such assignment. 
 6.5 Books and Records. All books, records, and accounts relating in any manner to the customers or clients of the Company, whether prepared by the
Executive or otherwise coming into the Executive’s possession, shall be the exclusive property of the Company and shall be returned immediately to the Company on termination of the Executive’s employment hereunder or on the Company’s
request at any time. 
 6.6 Definition of Company. Solely for purposes of this Article 6 and Article 7, the term “Company”
also shall include Holdings and any existing or future subsidiaries of Holdings or the Company that are operating during the time periods described herein and any other entities that directly or indirectly, through one or more intermediaries,
control, are controlled by or are under common control with Holdings or the Company during the periods described herein. 
 6.7
Acknowledgment by Executive. The Executive acknowledges and confirms that (a) the restrictive covenants contained in this Article 6 are reasonably necessary to protect the legitimate business interests of the Company, and (b) the
restrictions contained in this Article 6 (including without limitation the length of the term of the provisions of this Article 6) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The
Executive further acknowledges and confirms that his full, uninhibited and faithful observance of each of the covenants contained in this Article 6 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the
covenants contained herein will not impair his ability to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the
satisfaction of the needs of his creditors. The Executive acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to
the benefit of a competitor or were to compete with the Company in violation of the terms of this Article 6. The Executive further acknowledges that the restrictions contained in this Article 6 are intended to be, and shall be, for the benefit of
and shall be enforceable by, the Company’s successors and assigns. 
  

 8 

 6.8 Reformation by Court. In the event that a court of competent jurisdiction shall determine that
any provision of this Article 6 is invalid or more restrictive than permitted under the governing law of such jurisdiction, then only as to enforcement of this Article 6 within the jurisdiction of such court, such provision shall be interpreted and
enforced as if it provided for the maximum restriction permitted under such governing law. 
 6.9 Extension of Time. If the Executive
shall be in violation of any provision of this Article 6, then each time limitation set forth in this Article 6 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company seeks
injunctive relief from such violation in any court, then the covenants set forth in this Article 6 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive. 
 6.10 Survival. The provisions of this Article 6 shall survive the termination of this Agreement, as applicable. 
 7. Injunction. It is recognized and hereby acknowledged by the parties hereto that a breach by the Executive of any of the covenants contained in
Article 6 of this Agreement will cause irreparable harm and damage to the Company, the monetary amount of which may be virtually impossible to ascertain. As a result, the Executive recognizes and hereby acknowledges that the Company shall be
entitled to an injunction from any court of competent jurisdiction enjoining and restraining any violation of any or all of the covenants contained in Article 6 of this Agreement by the Executive or any of his affiliates, associates, partners or
agents, either directly or indirectly, and that such right to injunction shall be cumulative and in addition to whatever other remedies the Company may possess. 
 8. Assignment. Neither party shall have the right to assign or delegate his rights or obligations hereunder, or any portion thereof, to any other person. 
 9. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Tennessee. 
 10. Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and,
upon its effectiveness, shall supersede all prior agreements, understandings and arrangements, both oral and written, between the Executive and the Company (or any of its affiliates) with respect to such subject matter. This Agreement may not be
modified in any way unless by a written instrument signed by both the Company and the Executive. 
 11. Notices: All notices required
or permitted to be given hereunder shall be in writing and shall be personally delivered by courier, sent by registered or certified mail, return receipt requested or sent by confirmed facsimile transmission addressed as set forth herein. Notices
personally delivered, sent by facsimile or sent by overnight courier shall be deemed given on the date of delivery and 

  

 9 

 
notices mailed in accordance with the foregoing shall be deemed given upon the earlier of receipt by the addressee, as evidenced by the return receipt
thereof, or three (3) days after deposit in the U.S. mail. Notice shall be sent (i) if to the Company, addressed to 835 Bill Jones Industrial Drive, Springfield, Tennessee 37172, Attn: Chief Executive Officer, and (ii) if to the
Executive, to his address as reflected on the payroll records of the Company, or to such other address as either party hereto may from time to time give notice of to the other. 
 12. Benefits; Binding Effect. This Agreement shall be for the benefit of and binding upon the parties hereto and their respective heirs, personal
representatives, legal representatives, successors and, where applicable, assigns, including, without limitation, any successor to the Company, whether by merger, consolidation, sale of stock, sale of assets or otherwise 
 13. Severability. The invalidity of any one or more of the words, phrases, sentences, clauses or sections contained in this Agreement shall not
affect the enforceability of the remaining portions of this Agreement or any part thereof, all of which are inserted conditionally on their being valid in law, and, in the event that any one or more of the words, phrases, sentences, clauses or
sections contained in this Agreement shall be declared invalid, this Agreement shall be construed as if such invalid word or words, phrase or phrases, sentence or sentences, clause or clauses, or section or sections had not been inserted. If such
invalidity is caused by length of time or size of area, or both, the otherwise invalid provision will be considered to be reduced to a period or area which would cure such invalidity. 
 14. Waivers. The waiver by either party hereto of a breach or violation of any term or provision of this Agreement shall not operate nor be
construed as a waiver of any subsequent breach or violation. 
 15. Damages. Nothing contained herein shall be construed to prevent
the Company or the Executive from seeking and recovering from the other damages sustained by either or both of them as a result of its or his breach of any term or provision of this Agreement. In the event that either party hereto brings suit for
the collection of any damages resulting from, or the injunction of any action constituting, a breach of any of the terms or provisions of this Agreement, then the party found to be at fault shall pay all reasonable court costs and attorneys’
fees of the other. 
 16. Section Headings. The section headings contained in this Agreement are for reference purposes only and shall
not affect in any way the meaning or interpretation of this Agreement. 
 17. No Third Party Beneficiary. Nothing expressed or implied
in this Agreement is intended, or shall be construed, to confer upon or give any person other than the Company, the parties hereto and their respective heirs, personal representatives, legal representatives, successors and assigns, any rights or
remedies under or by reason of this Agreement. 
 18. Arbitration. Notwithstanding anything to the contrary in this Agreement, all
claims or disputes relating in any way to the performance, interpretation, validity, or breach of this Agreement (with the exception of the provisions providing for injunctive relief) shall be referred to final and binding arbitration, before a
neutral arbitrator mutually agreeable to the parties, under the commercial 

  

 10 

 
arbitration rules of the American Arbitration Association (the “AAA”), except as otherwise modified herein, held in Davidson County, Tennessee.
Upon presentation of a demand for arbitration, the parties shall attempt to select a mutually-agreeable arbitrator within 20 days. In the event that the parties are unable to agree upon an arbitrator, the AAA shall appoint an arbitrator from its
panel of commercial arbitrators. The arbitrator’s award shall be in writing and include findings of fact and conclusions of law. Judgment upon the award rendered by the arbitrators shall be final, binding and conclusive upon the parties and
their respective administrators, executors, legal representatives, heirs, successors and permitted assigns. 
 The arbitrator shall have the
power to award (i) monetary damages, (ii) injunctive relief (preliminary and permanent), and (iii) legal fees and costs associated with the arbitration to the prevailing party. Any party against whom the arbitrators’ award shall
be issued shall not, in any manner, oppose or defend against any suit to confirm such award, or any enforcement proceedings brought against such party with respect to any judgment entered upon the award, and such party hereby consents to the entry
of a judgment against such party, in the full amount thereof, or other relief granted therein, in any court of competent jurisdiction in which such enforcement is sought. The party against whom the arbitrator’s award is issued shall pay the
arbitrator’s fees and each of the parties hereto hereby consent to the jurisdiction of any applicable court of general jurisdiction located in the Davidson County, Tennessee with respect to the entry of such judgment and each irrevocably
submits to the jurisdiction of such courts and waives any objection it may have to either the jurisdiction of venue of such court. 
 19.
WAIVER OF JURY TRIAL. EACH OF THE PARTIES HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT ANY OF THEM MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN CONNECTION HEREWITH,
OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE COMPANY ENTERING INTO THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. 
 [Signatures Begin on Following Page] 
  

 - 11 - 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above written.

  

			
	COMPANY:
	
	 ForeFront Group, Inc.

		
	 By:
	 	 /s/ Michael S. Hedge

		 	Michael S. Hedge
		 	Chief Executive Officer
	
	HOLDINGS:
	
	 ForeFront Holdings, Inc.

		
	 By:
	 	 /s/ Michael S. Hedge

		 	Michael S. Hedge
		 	Chief Executive Officer
	
	EXECUTIVE:
		
		 	 /s/ Richard Allen Oleksyk

		 	Richard Allen Oleksyk

  

 - 12 - 

 SCHEDULE A 
 TO RICHARD ALLEN OLEKSYK EMPLOYMENT AGREEMENT 
 The Executive’s responsibilities include: 
  

	 	•	 	 Leading, training, and motivating the sales organization in support of business objectives and will maintain and/or develop customer relationships with strategic
major accounts. 

  

	 	•	 	 Overseeing a team of channel leaders for the specific sales channels, including Off Course, On Course, Premium/Corporate, and Tournament distribution channels,
along with key account managers, and an established client base. 

  

	 	•	 	 Establish plans to further develop and expand the Company’s sales opportunities in new and emerging markets. 

  

	 	•	 	 Develop and implement cohesive sales strategies and budgets to drive growth and increase profitability for the Company. 

  

	 	•	 	 Collaborating with Product Development on major account and channel-specific programs by leveraging existing product lines and by influencing product line
extensions and new product development. 

  

	 	•	 	 Working closely with IT to maximize efficiencies and eliminate waste within the supply chain for the Company’s sales organization and customers.

  

	 	•	 	 Collaborating with Finance to build programs that provide customers with opportunity pricing on items, yet maintain the overall profit integrity of the Company.

  

	 	•	 	 Forecasting the needs of the customer and territory to ensure an inventory position that will keep the customers with sufficient stock, but will avoid excess
inventory situations at the store level and in the Company’s warehouse. 

  

 - 13 -

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