Document:

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT
(this “Agreement”), dated as of February 3, 2012, is entered into by and between THE MANAGEMENT NETWORK
GROUP, INC., a Delaware corporation (the “Company”), with offices at 7300 College Boulevard – Suite 302,
Overland Park, Kansas 66210, and DONALD E. KLUMB, an individual (“Employee”), residing at 12617 Juniper Circle,
Leawood, Kansas 66209.

 

RECITALS

 

The Company wishes
to obtain the services of Employee and Employee wishes to perform such services on the terms and conditions contained herein.

 

Therefore, the parties
hereby agree as follows:

 

1.      
       EMPLOYMENT. Subject to the terms and conditions of this Agreement,
effective as of January 8, 2012 (the “Effective Date”), the Company hereby continues to employ Employee
as Chief Executive Officer, President and Chief Financial Officer of the Company to perform the duties described in Section 4
hereof.

 

2.              TERM.
The term of this Agreement shall be two years from the date first noted above, unless such term is terminated earlier pursuant
to Section 7 hereof (the “Initial Term”). The Agreement shall automatically renew for successive one-year renewal
terms unless either party gives the other party at least sixty (60) days advance notice of their intent not to renew. Such Initial
Term and any such renewal terms may be collectively referred to as the “Term”.

 

3.              COMPENSATION.

 

3.1           Salary.
Subject to the adjustment provisions herein, Employee shall be paid biweekly installments based upon an annual base salary of $350,000,
however, on or about July 1, 2012, the Company’s Board of Directors (“Board”) will evaluate and determine
whether to increase such annual base salary to $400,000. The Company may adjust Employee’s base salary at any time in its
sole discretion to reflect Employee’s performance; provided, however, that Employee’s base salary shall
at no time be less than the minimum base salary set forth in the first sentence of this paragraph. Amounts paid pursuant to this
Section 3.1 are hereinafter referred to as “Base Salary.”

 

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3.2           Bonus.
In addition to Employee’s Base Salary, Employee shall be (a) entitled to receive an incentive bonus in an amount determined
by the Board provided that Employee achieves the reasonable performance goals and objectives established by the Board for Employee
for 2012; and (b) eligible to participate in the Company’s bonus pool for the Company’s executive officers established
pursuant to the executive incentive compensation plan, as duly approved by the Compensation Committee of the Board. For the 2012
fiscal year, the Board shall establish for the year the amount of the bonus pool and the reasonable performance goals to be achieved
as a condition to the Company’s eligible executives being entitled to the bonus pool pursuant to the executive incentive
compensation plan. The annual performance goals related to the bonus pool shall be based upon the Company’s overall performance.
The Board and Employee shall agree upon those executive employees of the Company, in addition to Employee, who are eligible to
participate in the executive incentive compensation plan. Employee shall determine the allocation of the bonus pool among eligible
participants, subject to approval of the Board. The individual incentive bonus for Employee and Employee’s allocable portion
of the bonus pool as described herein are referred to as the “Bonus.” In order to be eligible to receive a Bonus,
Employee must be employed by the Company on the last day of the applicable fiscal year for which the performance goals are established.
The Bonus, if any, shall be paid within two and one-half months after the end of the applicable fiscal year.

 

3.3           Other
Compensation. The Compensation Committee of the Board shall periodically (and in any event, annually) review Employee’s
compensation and recommend to the Board of Directors for its consideration such modifications, if any, to such compensation as
the committee determines may be appropriate for the Chief Executive Officer, President and Chief Financial Officer of the Company.
In connection with such process, the Compensation Committee may recommend that the Board consider extraordinary bonuses and other
forms of compensation for Employee.

 

3.4           Equity
Awards. Upon dissolution of the special committee of the Board and at such time as permissible in accordance with applicable
rules and regulations of the U.S. Securities and Exchange Commission, the Board will evaluate and determine whether to grant to
Employee non-qualified stock options and/or shares of restricted stock in the Company or such other equity awards as the Board
determines.

 

4.         
   DUTIES. Employee shall, during the term hereof, be an officer of the Company and have the title of
Chief Executive Officer, President and Chief Financial Officer of the Company, and shall perform such duties as and have
such authority as are customary and usual for such position and as may reasonably be directed by the Board of the Company.
Without limiting the generality of the foregoing:

 

4.1           Full
Time. Employee shall devote Employee’s full working time, ability and attention to the business of the Company and shall,
in accordance with the highest ethical and professional standards, seek to maximize the financial success of the Company’s
business and to optimize the goodwill and reputation of the Company within its industry and with its customers. During the term
of this Agreement, Employee agrees that he will not become involved in the active ownership or management of any business enterprise
that will interfere with the performance of his duties hereunder. Employee further warrants that he will not engage, directly or
indirectly, in any other business activity (whether or not pursued for pecuniary advantage) that is or may be in conflict with,
or that might place him in a conflicting position to, that of the Company. So that the Company may be aware of the extent of any
other demands upon Employee’s time and attention, Employee shall disclose in confidence to the Company the nature and scope
of any other business activity in which he is or becomes engaged during his employment with the Company. Employee also warrants
that he is not a party to any valid or binding agreement or legal relationship whose performance or execution would interfere with
the performance of his duties under this Agreement. Employee may serve as a director of other corporations or entities with the
prior approval of the Board, which approval will not be unreasonably withheld.

 

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4.2           Reporting.
Employee shall report to the Executive Chairman of the Board of the Company, or at such time as there is no longer an Executive
Chairman of the Board, to the Board.

 

5.          
     EXPENSES. Subject to such rules and procedures as the Company from time to time specifies, the
Company shall reimburse Employee on a bi-weekly basis for reasonable business expenses necessarily incurred in the performance
of duties under this Agreement.

 

6.         
       BENEFITS. Except as otherwise set forth herein, Employee shall be entitled to fringe
benefits and paid time off as set forth below.

 

6.1           Participation
in Employee Benefit Plans. Employee shall be eligible to participate in any health, disability, and group term life insurance
plans or other perquisites and fringe benefits that the Company extends generally from time to time to the executive officers of
the Company. These benefits described in this Section 6.1 are collectively referred to herein as “Fringe Benefits”.

 

6.2           Paid
Time Off. Employee shall be eligible for Personal Time Off in accordance with the Company’s Personal Time Off policy
then in effect and applicable to executive officers of the Company.

 

7.              TERMINATION.

 

7.1           Termination
By The Company Due to Death or Disability. In the event of Employee’s death during the Term, this Agreement and the employment
of Employee hereunder shall terminate automatically as of the date of death, except that Sections 9, 10, 11, 12, and 13 shall survive
such termination. In the event of Employee’s Disability (as hereinafter defined) for ninety (90) consecutive calendar days
or one hundred and twenty (120) calendar days in the aggregate during any twelve (12) months of the Term, the Company shall have
the right, by written notice to Employee, to terminate this Agreement and the employment of Employee hereunder as of the date of
such notice, except that Sections 9, 10, 11, 12, and 13 shall survive such termination. “Disability” for the
purposes of this Agreement shall (A) be determined by an independent physician selected by the Company and (B) mean Employee’s
physical or mental disability so as to render Employee substantially incapable, despite reasonable accommodations, of carrying
out Employee’s duties under this Agreement. In the event of termination pursuant to this Section 7.1, the Company shall not
be under any further obligation to Employee hereunder except to promptly pay Employee (i) salary and benefits accrued and unpaid
up to the date of termination, (ii) any earned but unpaid Bonus, if any, with respect to any completed fiscal year immediately
preceding the date of termination pursuant to Section 3.2 hereof, (iii) reimbursement for expenses accrued and payable under Section
5 hereof, and (iv) if the termination is due to Disability, (A) payment of Employee’s monthly Base Salary on the Company’s
regularly scheduled payrolls during each of the 3 months immediately following termination, but in no event shall any such amount
be paid later than two and one-half months after the last day of the year in which the corresponding amount of such payment if
not yet received has ceased to be subject to a substantial risk of forfeiture within the meaning of Section 409A of the Internal
Revenue Code of 1986, as amended (the “Code”), and (B) payment or reimbursement of the premium for any COBRA
benefits Employee elects through Company for a period of six months from the date of termination.

 

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7.2            Termination
By the Company Due to Cause. The Company shall have the right to discharge Employee and terminate this Agreement for Cause
(as hereinafter defined) during the Term by written notice to Employee and this Agreement shall be deemed terminated as of the
date of such notice, except that Sections 9, 10, 11, 12, and 13 shall survive such termination. For the purpose of this Agreement,
“Cause” shall mean, in the Company’s good faith belief:

 

(i)          The
committing of any criminal act under federal, state or local law, where such act would be a) a felony or b) a crime involving moral
turpitude which, in the reasonable judgment of the Company, has materially interfered or will materially interfere with the ability
of Employee to perform his duties hereunder, or has caused or will cause material harm to the Company or its business; provided
that, for purposes of this provision, a finding of guilt and/or plea of guilty/nolo contender (no contest) is sufficient but not
necessary.

 

(ii)         The
breach of any provision of this Agreement, including, but not limited to, by acting dishonestly or negligently regarding Employee’s
performance hereunder, and Employee’s failure to cure such breach within ten (10) business days of written notice from Company.

 

(iii)        The
failure to perform Employee’s duties under this Agreement (other than for reasons related to illness, injury or temporary
disability).

 

(iv)        The
material violation of any applicable local, state or federal law relating to discrimination or harassment.

 

(v)         The
material violation of Company’s policies and/or practices applicable to those at Employee’s level, including, but not
limited to, its employment policies and/or practices, including but not limited to non-discrimination, anti-harassment and non-retaliation
policies and practices.

 

(vi)        The
taking of any action, whether intentionally or not, or failure to act, where such action/inaction has the effect of materially
undermining or harming the Company, its management, its business, its reputation or its customers/clients/employees.

 

(vii)       The
failure to comply with any oral or written report or directive of the Company, which failure is not remedied within ten (10) business
days of written notice from Company regarding same.

 

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Any act, or failure to act, based
upon the authority given pursuant to a resolution duly adopted by the Board or upon the advice of counsel for the Company shall
be conclusively presumed to be done, or permitted to be done, by Employee in good faith and in the best interest of the Company.
Termination of Employee’s employment shall not be deemed to be for Cause unless and until the Company delivers to Employee
a copy of a resolution duly adopted by the affirmative vote of not less than a majority of the Board finding that the Employee
is guilty of the conduct described in any of (i)-(vii) above.

 

In the event of a termination
pursuant to this Section 7.2, the Company shall not be under any further obligation to Employee hereunder, except to promptly pay
Employee (a) salary and benefits accrued but unpaid up to the date of termination, (b) reimbursement for expenses accrued and payable
under Section 5 hereof, and (c) any other benefits required by applicable law (e.g. COBRA), if eligible.

 

7.3           Termination
By the Company Other Than Due to Death, Disability or Cause. This Agreement and the employment of Employee hereunder may be
terminated by the Company other than due to death, Disability or Cause by giving at least thirty (30) days prior written notice
to the Employee at any time during the Term and such termination shall be effective as of the date of termination stated in such
notice, except that Sections 9, 10, 11, 12, and 13 shall survive such termination. In the event of a termination pursuant to this
Section 7.3, the Company shall not be under any further obligation to Employee hereunder, except to promptly pay Employee (i) salary
and benefits accrued but unpaid up to the date of termination, (ii) any earned but unpaid Bonus, if any, with respect to any completed
fiscal year immediately preceding the date of termination pursuant to Section 3.2 hereof, (iii) reimbursement for expenses accrued
and payable under Section 5 hereof, and (iv) Severance Benefits (as defined below) pursuant to Section 7.4.

 

7.4           Severance
Benefits. For purposes of this Agreement, “Severance Benefits” shall mean (i) twelve (12) months of Employee’s
Base Salary payable in one lump sum, and (ii) payment or reimbursement to Employee of the premium for any COBRA benefits Employee
elects through Company for a period of twelve months from the date of termination.

 

7.5           Termination
by Employee. The Employee shall have the right to terminate Employee’s employment under this Agreement by giving thirty
(30) days prior written notice to the Company at any time, and such termination shall be effective as of the date of termination
stated in such notice, except that Sections 9, 10, 11, 12, and 13 shall survive such termination.

 

(a)          Termination
By Employee Other Than for Constructive Termination. In the event Employee terminates employment under this Section 7.5 for
other than Constructive Termination (as defined below), the Company shall not be under any further obligation to Employee hereunder,
except to promptly pay Employee (i) salary and benefits accrued but unpaid up to the date of termination, (ii) any earned but unpaid
Bonus, if any, with respect to any completed fiscal year immediately preceding the date of termination pursuant to Section 3.2
hereof, and (iii) reimbursement for expenses accrued and payable under Section 5 hereof.

 

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(b)          Termination
by Employee for Constructive Termination. Notwithstanding anything in this Agreement to the contrary, a “Constructive
Termination” will be deemed to have occurred pursuant to this Section 7.5 if there should occur the following:

 

(i)          a
material adverse change in Employee’s position causing it to be of materially less authority, duties or responsibility without
Employee’s written consent, and such a materially adverse change shall in all events be deemed to occur if Employee no longer
serves as Chief Executive Officer, President and Chief Financial Officer of the Company or any parent company of Company unless
Employee consents in writing to such change, or if Richard P. Nespola is reinstated as the Chief Executive Officer and/or
Chairman of the Board of the Company;

 

(ii)         a
material reduction, without Employee’s written consent or except as expressly permitted in this Agreement, in Employee’s
Base Salary;

 

(iii)        a
relocation of Employee’s principal place of employment by more than 50 miles without Employee’s consent;

 

(iv)        a
material breach of any provision of this Agreement by Company.

 

Notwithstanding the above, in no
event shall a Constructive Termination exist unless (1) Employee provides a written notification to the Company sufficiently describing
the event or condition alleged to give rise to the Constructive Termination within 90 days of the initial existence of such event
or condition, (2) the Company is provided at least 10 days to remedy the event or condition, and (3) the Company fails to reasonably
cure the event or condition.

 

In the event Employee terminates
his employment due to a Constructive Termination, the Company shall not be under any further obligation to Employee hereunder,
except to pay Employee within thirty (30) days of such termination (i) salary and benefits accrued but unpaid up to the date of
termination, (ii) any earned but unpaid Bonus, if any, with respect to any completed fiscal year immediately preceding the date
of termination pursuant to Section 3.2 hereof, (iii) reimbursement for expenses accrued and payable under Section 5 hereof, and
(iv) Severance Benefits pursuant to Section 7.4.

 

Upon termination due to a Change of Control
(as defined below) or Constructive Termination, for ninety (90) days following termination, Employee agrees to provide reasonable
cooperation to the Company at the Company’s expense in winding up Employee’s work for the Company and transferring
that work to other individuals as designated by the Company. Upon termination for any reason other than Death, Disability, Change
of Control or Constructive Termination, for thirty (30) days following termination, Employee agrees to provide reasonable cooperation
to the Company at the Company’s expense in winding up Employee’s work for the Company and transferring that work to
other individuals as designated by the Company. Employee also agrees reasonably to cooperate with the Company at Company’s
expenses in litigation as requested by the Company; provided that, such cooperation does not harm or conflict with Employee’s
interests in such litigation, if any, and Employee is provided reasonable notice so as not to interfere with Employee’s other
work or employment obligations.

 

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To be eligible for any Severance Benefits
payments under this Section 7, Employee must (i) within sixty (60) days of the date of termination execute and deliver to the Company
a final and complete release in a form that is acceptable and approved by the Company after good faith negotiation with Employee,
and (ii) in the Company’s good faith belief, be in full compliance with the provisions of Sections 9 and 11 hereof at the
time of any such payment.

 

8.              CHANGE IN CONTROL BENEFITS. Should there occur a Change in Control (as defined below), the
following provisions shall become applicable:

 

8.1           During
the period (if any) following a Change in Control that Employee shall continue to provide services under this Agreement, then the
terms and provisions of this Agreement shall continue in full force and effect.

 

8.2           Notwithstanding
any other provision of Section 7, in the event of (a) a termination by the Company pursuant to Section 7.3 at any time within twelve
(12) months after a Change in Control, or (b) a Constructive Termination pursuant to Section 7.5 at any time within twelve (12)
months after a Change in Control, the Company shall pay Employee within thirty (30) days of such event (i) salary and benefits
accrued but unpaid up to the date of such event, (ii) any earned but unpaid Bonus, if any, with respect to any completed fiscal
year immediately preceding the date of termination pursuant to Section 3.2 hereof; (iii) reimbursement for expenses accrued and
payable under Section 5 hereof, and (iv) Severance Benefits pursuant to Section 7.4.

 

8.3           For
purposes of this Section 8, a “Change of Control” shall be deemed to occur upon the earlier to occur of an event
described below, the Company entering a definitive agreement to accomplish a transaction or event as described below, or a vote
of the directors of the Company approving a definitive agreement for such a transaction or event as described below:

 

(a)          the
sale, lease, conveyance or other disposition of at least fifty percent (50%) of the Company’s assets as an entirety or substantially
as an entirety to any person, entity or group of persons acting in concert other than in the ordinary course of business;

 

(b)          any
transaction or series of related transactions (as a result of a tender offer, merger, consolidation or otherwise) that results
in any Person (as defined in Section 13(h)(8)(E) under the Securities Exchange Act of 1934) becoming the beneficial owner (as defined
in Rule 13d-3 under the Securities Exchange Act of 1934), directly or indirectly, of more than 50% of the aggregate voting power
of all classes of common equity of the Company, except if such Person is (i) a subsidiary of the Company, (ii) an employee stock
ownership plan for employees of the Company or (iii) a company formed to hold the Company’s common equity securities, provided
that, at the time such company became such holding company, substantially all the stockholders of the Company comprise such holding
company’s stockholders and hold at least a majority of the voting power of such holding company;

 

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(c)          a
merger (in which the Company is not the surviving operating entity), consolidation, liquidation or dissolution of Company or winding
up of the business of the Company.

 

9.              RESTRICTIONS.

 

9.1           Non-Disclosure.
During and after the Term, Employee agrees to use best efforts and exercise utmost diligence to protect and to safeguard the trade
secrets and/or any confidential or proprietary information concerning the Company or its business or any Affiliates of the Company
(including, without limitation, trade secrets, plans, processes, customer lists, contracts and compilations of information, records
and specifications) which comes to Employee in the course of Employee’s employment and which is not (independent of disclosure
by Employee) public knowledge or general knowledge in the trade. Employee agrees not to disclose any of the Company’s or
any Affiliate’s trade secrets and/or confidential information and/or proprietary information except as required in the course
of Employee’s employment with the Company or by legal process, in which case, Employee agrees to provide the Company with
as much notice as is reasonably practicable in the event the Company wishes to intervene to protect its rights. Employee agrees
not to use Company’s or any Affiliate’s trade secrets and/or confidential information and /or proprietary information,
directly or indirectly, for Employee’s own benefit or for the benefit of another. All files, records, documents, drawings,
specifications, memoranda, notes, or other documents relating to the business of the Company or any Affiliate, whether prepared
by Employee or otherwise coming into Employee’s possession, shall be the exclusive property of the Company and shall be delivered
to the Company and not reproduced and/or retained by Employee upon termination of Employee’s employment for any reason whatsoever
or at any other time upon request of the Company.

 

9.2           Non-solicitation.
During the period of Employee's employment, and for a period of one (1) year following the date of termination of Employee’s
employment, the Employee shall not directly or indirectly, for himself or for any third party, except as otherwise agreed to in
writing by the Company:

 

(a)          Contact,
solicit, advise, consult or do business with any Customer (as hereinafter defined) with which Employee has had direct contact during,
and arising from, his employment by the Company, for the purpose of causing such Customer to purchase, or otherwise obtain products
or services which are similar to or in any way compete with the products or services sold or provided by the Company or an Affiliate,
or

 

(b)          Induce,
or attempt to induce, any Customer with which Employee has had direct contact during the term of, and arising from, his employment
by the Company, to cancel, diminish, decrease or curtail any business relationship, contractual or otherwise, with the Company
or an Affiliate, or

 

(c)          Contact,
solicit, induce or attempt to induce or influence any employee, independent contractor or agent of any Customer or Company or Affiliate
to terminate his or her employment, engagement or contractual relationship with such Customer or Company or Affiliate, or

 

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(d)          Employ
or hire any person who is employed by the Company or Affiliate (whether as an employee or an independent contractor) with any business
or other entity that is engaged in the industry in which Company or Affiliate is involved.

 

9.3           Covenants
Against Competition. During the period of Employee's employment, and for a period of one (1) year following the date of Employee’s
termination of employment, the Employee shall not within the Restricted Area (as hereinafter defined), directly or indirectly as
an employee, employer, consultant, agent, principal, partner, shareholder, corporate officer, director or through any other kind
of ownership (other than ownership of securities of publicly held corporations of which Employee owns less than five (5%) percent
of any class of securities) or in any other representative or individual capacity:

 

(a)          Assist
or have an interest (whether or not such interest is active), in any person, firm, partnership, association, corporation or business
organization, entity or enterprise that is or is about to become directly or indirectly engaged in, any business or activity (whether
such enterprise is in operation or in the planning or development stage) that provides, sells, distributes or markets any products
or services that compete in any manner with the business conducted by Company or an Affiliate.

 

(b)          Enter
into the employment of or act as an independent contractor or agent for or advisor or consultant to, any person, firm, partnership,
association, corporation or business organization, entity or enterprise that is or is about to become directly or indirectly engaged
in, any business or activity (whether such enterprise is in operation or in the planning or development stage) that provides, sells,
distributes or markets any products or services that compete in any manner with the business conducted by Company or an Affiliate.

 

Notwithstanding any other provisions
herein, in the event of a Constructive Termination pursuant to Section 7.5 at any time within twelve (12) months following a Change
in Control, this Section 9.3 shall not apply.

 

9.4           Definitions.

 

“Affiliate”
shall mean any corporation, partnership, limited liability company, joint venture, or other entity or organization directly or
indirectly controlling or controlled by or under direct or indirect common control with such other entity through the ownership
of all or part of such entity.

 

“Customer”
shall mean any individual, corporation, partnership, joint venture or other entity, or successors thereof, which has either (i)
purchased or contracted for services or products by or through the Company at any time within one (1) year prior to the termination
of Employee’s employment with the Company, or (ii) has been directly solicited by the Company within six (6) months prior
to the termination of Employee’s employment with the Company, regardless of whether the Employee shall have direct contact
with such individual, corporation, partnership, joint venture or entity.

 

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“Restricted
Area” shall mean collectively the United States of America.

 

“Restrictions”
shall mean the terms and covenants of Sections 9.1, 9.2 and 9.3, collectively.

 

9.5           Enforceability
of Agreement.

 

(a)          Reasonableness
of Restrictions. Employee has carefully read and considered the Restrictions and, having done so, agrees that the Restrictions
(including, but not limited to, the time period of restriction and the geographical areas of restriction set forth herein) are
fair and reasonable and are reasonably required for the protection of the interests of Company, its owners, officers, directors
and other employees. Employee has had the opportunity to consult with an attorney prior to the execution of this Agreement, and
freely executes this Agreement either (i) following such consultation and with the advice of his attorney, or (ii) after freely
waiving such right to consult with an attorney prior to the execution of this Agreement.

 

(b)          Severability.
In the event that, notwithstanding the foregoing, any part of the Restrictions shall be held to be invalid or unenforceable, the
remaining parts thereof shall nevertheless continue to be valid and enforceable as though the invalid or unenforceable parts had
not been included therein. Notwithstanding the foregoing, it is the intent and agreement of Company and Employee that the Restrictions
shall be given the maximum force, effect and application permissible under law.

 

(c)          Time
Period. In the event that a Court of competent jurisdiction shall determine by final judgment that the scope or time period
of any of the Restrictions is too broad to be capable of enforcement, such court is authorized to modify such covenants and to
enforce them to the full scope and extent and for the full time period that the Court deems just and equitable.

 

(d)          Passive
Interest. The Restrictions shall not be construed to limit in any manner Employee's right to maintain a passive ownership interest
of less than five (5%) percent of any class of outstanding securities in any entity, the securities of which are traded on a national
exchange, which may compete with Company, so long as Employee shall not have the right or power to elect a member of the Board
of Directors of such entity or to otherwise control the actions of such entity.

 

10.           REMEDIES.

 

10.1         Remedies
Cumulative. Nothing herein contained is intended to waive or diminish any rights the Company, any Affiliate or Employee may
have at law or in equity at any time to protect and defend its legitimate property interests including its business relationship
with third parties, the foregoing provisions being intended to be in addition to and not in derogation or limitation of any other
rights the Company, an Affiliate or Employee may have at law or in equity.

 

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10.2         Injunctive
Relief. Employee hereby acknowledges and agrees that Company would be irreparably injured, the value of the business of Company
would be irreparably damaged and Company could not adequately be compensated by monetary damages, if Employee were to violate the
Restrictions. Employee covenants and agrees that, if Employee shall violate any of the Restrictions, Company specifically shall
be entitled to injunctive and other equitable relief to enjoin Employee's violations of such Restrictions. The prevailing party
in any such injunctive action shall be entitled to reimbursement from the other party for all actual attorney fees expended in
such action.

 

10.3         Notice
of Violation. In the event Company believes that Employee is violating any of the Restrictions, Company shall so notify Employee
in writing, which notice shall describe with as much specificity as possible, the nature of the alleged violation. Provided that
Employee is in violation of the Restrictions, if the Employee does not, within fourteen (14) days following receipt of said notice,
cease the conduct, terminate the relationship or otherwise cure such violation, the Company shall have no further obligation to
make payments to Employee pursuant to the terms of this Agreement following the date of receipt of such notice.

 

10.4         Accounting
For Profits. Employee hereby covenants and agrees that, if Employee shall violate any of the Restrictions, Company shall be
entitled to an accounting and repayment of all profits, compensation, commissions, remunerations or benefits which Employee directly
or indirectly has realized and/or may realize as a result of, growing out of or in connection with any such violation.

 

11.         EMPLOYEE
FOR HIRE. In addition to Employee’s services, the Company shall own forever and throughout the world (exclusively during
the current and renewed or extended term of copyright anywhere in the world and thereafter, non-exclusively) all rights of any
kind or nature now or hereafter known in and to all of the products of Employee’s services performed while an employee in
any capacity and any and all parts thereof, including, without limitation, copyright, patent and all other property or proprietary
rights in or to any ideas, concepts, designs, drawings, plans, prototypes or any other similar creative works and to the product
of any or all of such services under this Agreement (collectively, “Inventions”). Employee hereby acknowledges
and agrees that for copyright purposes, Employee is performing services as the Company’s employee-for-hire; provided, however,
that for purposes of this Agreement, “Inventions” shall not include those that do not relate to the Company’s
or an Affiliate’s current business or research and development and were developed without use of any Company or Affiliate
trade secret information or Company or Affiliate’s facilities or equipment. Without limiting the generality of the previous
two sentences, Employee acknowledges and agrees that all memoranda, notes, records and other documents made or compiled by Employee
or made available to Employee while an employee concerning the Company or an Affiliate’s business shall be the Company’s
property and shall be delivered by Employee to the Company upon termination of this Agreement or at any other time at the Company’s
request. In addition, the Employee hereby agrees to assign to Company in writing (and take any and all other actions as shall be
reasonably requested by Company in order to carry out the intent of this Section) any and all rights, title or interest of Employee
in any such copyrights, patents, property or proprietary rights relating to such Inventions.

 

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12.             [INTENTIONALLY
DELETED].

 

13.              MISCELLANEOUS.

 

13.1         Assignability.
This Agreement, including but not limited to paragraphs 9 and 11, shall be binding upon and inure to the benefit of the Company,
its respective successors, heirs, and assigns. Except as expressly set forth herein, this Agreement may not be assigned by Employee
without the express written consent of the Company.

 

13.2         Invalid
Provisions. If any provision of this Agreement is held to be illegal, invalid, or unenforceable, then such provision shall
be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision
had never comprised a part hereof; and the remaining provisions hereof shall remain in full force and effect and shall not be affected
by the illegal, invalid, or unenforceable provision or by its severance herefrom. Furthermore, in lieu of such illegal, invalid,
or unenforceable provision, there shall be added automatically as a part of this Agreement a provision as similar in terms to such
illegal, invalid, or unenforceable provision as may be possible and still be legal, valid, or enforceable.

 

13.3         Notices.
Any notices pertaining to this Agreement shall be addressed to the parties at their addresses stated on the first page hereof.
All notices shall be in writing and shall be deemed duly given if personally delivered or sent by registered, certified, overnight
or express mail. If sent by registered or certified mail, notice shall be deemed to have been received and effective three days
after mailing; if by overnight or express mail, notice shall be deemed received the next business day after being sent. Any party
may change its address for notice hereunder by giving notice of such change in the manner provided herein.

 

13.4         Construction
of Agreement. This Agreement contains the entire agreement of the parties respecting the subject matter contained herein. No
terms, conditions or warranties other than those contained herein, and no amendments or modification of any provision hereof shall
be effective except by a written agreement signed by all of the parties hereto. This Agreement shall not be strictly construed
against either party.

 

13.5         Waiver.
The waiver by either party hereto of a breach of any term or provision of this Agreement shall not operate or be construed as a
waiver of a subsequent breach of the same provision by any party or of the breach of any other term or provision of this Agreement.

 

13.6         Titles.
Titles of the paragraphs herein are used solely for convenience and shall not be used for interpretation or construing any work,
clause, paragraph, or provision of this Agreement.

 

    	12

    	 

    

 

 

13.7         Arbitration.

 

(a)          It
is understood and agreed between the parties hereto that, except with respect to claims for workers’ compensation or unemployment
compensation benefits, any and all claims, grievances, demands, controversies, causes of action or disputes of any nature whatsoever
(including but not limited to tort and contract claims, and claims upon any law, statute, order, or regulation) (hereinafter “Claims”),
arising out of, in connection with, or in relation to (i) this Agreement, (ii) questions of arbitrability under this Agreement,
or (iii) any relationship between Employee and the Company before, at the time of entering, during the term of, upon or after expiration
or termination of this Agreement, shall be resolved by final, binding, non-judicial arbitration in accordance with the Commercial
Arbitration Rules of the American Arbitration Association (“AAA”), which rules are incorporated herein by reference.
Such dispute resolution process shall be confidential and shall be conducted in accordance with the Kansas Rules of Evidence.

 

(b)          Notwithstanding
any contrary provision that may be contained in the applicable AAA rules, the parties hereby agree that discovery shall be permitted
in connection with any arbitration pursuant to this Agreement, in accordance with the provisions of the Kansas Code of Civil Procedure.
Neither party nor the arbitrator shall disclose the existence, content, or results of any arbitration hereunder without the prior
written consent of all parties. Except as provided herein, the Federal Arbitration Act shall govern the interpretation, enforcement
and all proceedings pursuant to this Section 13.7. The Arbitrator shall apply the substantive law (and the law of remedies, if
applicable) of the State of Kansas, or federal law, or both, as applicable. The arbitrator is without jurisdiction to apply any
different substantive law. The arbitrator shall have the authority to entertain a motion to dismiss and/or a motion for summary
judgment by any party and shall apply the standards governing such motions under Kansas law. The arbitrator shall render an award
and a written, reasoned opinion in support thereof. Such award may include attorneys’ fees and costs to the prevailing party.
Judgment upon the award may be entered in any court having jurisdiction thereof.

 

(c)          Adherence
to this dispute resolution process shall not limit the Company’s right to obtain any provisional remedy, including but without
limitation, injunctive or similar relief, from any court of competent jurisdiction in the event of a breach of Section 9 of this
Agreement. This dispute resolution process shall survive the termination of Employee’s employment.

 

(d)          By
signing this Agreement, both Employee and the Company are giving up their respective right to a jury trial.

 

13.8         Personal
Computer. During the Term, the Company shall provide Employee, at Company expense, with a portable personal computer (the “Laptop”)
with such capabilities and capacity, and including all necessary software, as shall be reasonably necessary to discharge Employee’s
duties under this Agreement. Upon termination of Employee’s employment, the Employee shall promptly deliver to the Company
any and all tangible property of the Company, including without limitation the Laptop and any software related thereto and the
contents of any files stored therein.

 

    	13

    	 

    

 

13.9         Section
409A. This Agreement is intended to comply with Section 409A of the Code or an exemption thereunder and shall be construed
and administered in accordance with Section 409A of the Code. Notwithstanding any other provision of this Agreement, payments provided
under this Agreement may only be made upon an event and in a manner that complies with Section 409A of the Code or an applicable
exemption. Any payments under this Agreement that may be excluded from Section 409A of the Code either as separation pay due to
an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A of the Code to the maximum
extent possible. For purposes of Section 409A of the Code, each installment payment provided under this Agreement shall be treated
as a separate payment. Any payments to be made under this Agreement upon a termination of employment shall only be made upon a
"separation from service" under Section 409A of the Code.

 

Notwithstanding
any other provision of this Agreement, if any payment or benefit provided to the Employee in connection with his termination of
employment is determined to constitute "nonqualified deferred compensation" within the meaning of Section 409A of the
Code and the Employee is determined to be a "specified employee" as defined in Section 409A(a)(2)(b)(i) of the Code,
then such payment or benefit shall not be paid until the first payroll date to occur following the six-month anniversary of the
date of termination (the "Specified Employee Payment Date"). The aggregate of any payments that would otherwise
have been paid before the Specified Employee Payment Date shall be paid to the Employee in a lump sum on the Specified Employee
Payment Date and thereafer, any remaining payments shall be paid without delay in accordance with their original schedule.

 

IN WITNESS
WHEREOF, the parties have caused this Agreement to be executed as of the date first set forth above.

 

	 	THE COMPANY:
	 	 
	 	THE MANAGEMENT NETWORK GROUP, INC.,
	 	a Delaware corporation
	 	 
	 	By:	/s/ Andrew D. Lipman
	 	 	 
	 	Printed Name:	Andrew D. Lipman
	 	 	 
	 	Title:	Chairman, Compensation Committee, Board of Directors
	 	 	 
	 	EMPLOYEE:
	 	 
	 	/s/
    Donald E. Klumb
	 	DONALD E. KLUMB

 

    	14January 25, 2012

 

Micky K. Woo

38 Devonshire Drive

Oak Brook, IL 60523

 

Dear Name:

 

This Agreement confirms the terms of Your employment as Executive
Chairman of the Board with The Management Network Group, Inc. (the “Company”), a TMNG Global company.

 

1.          Term.
The term of this Agreement shall begin on the date above and will terminate upon termination of employment.

 

2.          Base
Salary. You will be paid in bi-weekly installments based on an annual salary of $460,561.92. 

 

3.          Duties.
Your duties and functions as Executive Chairman of the Board of the Company will be defined by the Company in its sole and exclusive
discretion, which duties You agree to perform, unless You believe such duties require You to do something unlawful or unethical,
in which case You agree to bring the matter to the attention of the Company as soon as is reasonably practicable. The Company reserves
the right to amend or modify Your duties in its sole and exclusive discretion at any time for any reason. In performing Your duties,
You shall devote all working time, ability and attention to the business of the Company, You will act to the best of your ability
to further the best interest of the Company, and, in accordance with the highest ethical standards, You shall seek to maximize
the financial success of the Company’s business and to optimize the goodwill and reputation of the Company within its industry
and with its customers, and You shall not – directly or indirectly – render any services to or for the benefit of any
other business, whether for compensation or otherwise, without the prior written approval of the CEO or the Board of Directors
of the Company. Your employment with the Company shall at all times be subject to the Company’s then applicable policies
and practices.

 

4.          Benefits.
In addition to the compensation in paragraph 2 of this Agreement, You shall be eligible for the following:

 

a.           Participation
in Employee Plans. You shall be eligible to participate in any health, disability, and group term life insurance plans
or other perquisites and fringe benefits that the Company extends generally from time to time to employees of the Company at the
level of Senior Vice President.

 

b.           Paid
Time Off. You shall be eligible for Paid Time Off in accordance with the Company’s leave policies then in effect
and applicable to a Partner.

 

    	 

    	 

    

 

Micky K. Woo

January 25, 2012

Page 2

 

5.          Reimbursement
of Expenses. Subject to such rules and procedures as the Company from time to time specifies, the Company shall reimburse
you on a bi-weekly basis for reasonable business expenses necessarily incurred in the performance of Your duties under this Agreement.

 

6.          Confidentiality/Trade
Secrets. You acknowledge Your position with the Company is one of the highest trust and confidence, both by reason of Your
position and by reason of Your access to and contact with the trade secrets and confidential and/or proprietary information of
the Company. Both during the term of this Agreement and thereafter, You therefore covenant and agree as follows:

 

a.           You
shall use Your best efforts and exercise utmost diligence to protect and to safeguard the trade secrets and confidential and/or
proprietary information of the Company, including, but not limited to, the identity of its current and/or prospective customers,
suppliers, and licensors; its arrangements with its customers, suppliers, and licensors; and its technical, financial, and marketing
data, records, compilations of information, processes, programs, methods, techniques, recipes, and specifications relating to its
customers, suppliers, licensors, products, and services;

 

b.           You
shall not disclose any of the Company’s trade secrets or confidential and/or proprietary information, except as may be required
in the course of Your employment with the Company or by law, in which case You agree to provide the Company with as much notice
as is reasonably practicable in the event the Company wishes to intervene to protect its rights; and

 

c.           You
shall not use, directly or indirectly, for Your own benefit or for the benefit of another, any of the Company’s trade secrets
or confidential and/or proprietary information.

 

All files, records, documents, drawings,
specifications, memoranda, notes, or other documents relating to the business of the Company, whether prepared by You or otherwise
coming into Your possession, shall be the exclusive property of the Company and shall be delivered to the Company and not reproduced
and/or retained by You upon termination of Your employment for any reason whatsoever or at any other time upon request of the Company.

 

7.          Discoveries.
In addition to Your services, the Company shall exclusively own forever and throughout the world all rights of any kind or nature
now or hereafter known in and to all of the products of Your services performed under this Agreement in any capacity and any and
all parts thereof, including but not limited to copyright, patent, and all other property or proprietary rights in or to any ideas,
concepts, designs, drawings, plans, prototypes, or any other similar creative works and to the product of any or all of such services
under this Agreement (“Inventions”). In addition, You hereby agree, during and after the Term, to assign to the Company
in writing (and to take any and all other actions as the Company requests to carry out the intent of this paragraph 7) any and
all rights, title, or interest in any such copyrights, patents, property or proprietary rights relating to the Inventions. You
acknowledge and agree that, for copyright purposes, You are performing services as the Company’s employee-for-hire, which
services include Inventions relating to the Company’s business or research and development (which may be defined in the Company
sole and exclusive discretion and may change from time to time), as well as Inventions developed with the use of the Company’s
trade secrets, confidential and/or proprietary information, facilities, or equipment. You acknowledge and agree that all memoranda,
notes, records, and other documents made or compiled by You or made available to You during the Term concerning Your services performed
under this Agreement shall be the Company’s property and shall be delivered by You to the Company upon termination of Your
employment or at any other time at the Company’s request.

 

    	 

    	 

    

 

Micky K. Woo

January 25, 2012

Page 3

 

8.          Non-Competition.
You covenant and agree that, during the period of Your employment and for one year after the termination of Your employment, You
shall not compete with the Company in any way, directly or indirectly, without the prior written consent of the Company, including
but not limited to as an employee, employer, consultant, agent, principal, partner, shareholder, corporate officer, director, or
through any other kind of ownership (other than ownership of securities of publicly held corporations of which You own less than
five percent 5% of any class of outstanding securities) or in any other representative or individual capacity, engage in or render
any services to any person and/or business that provides, sells, distributes, or markets any products or services that compete
with the Company in the data communications, telecommunications, media, entertainment or high tech consulting business (the “Restricted
Business Area”) within any geographic areas in which the Company conducts or has conducted business or provides or has provided
products or services.

 

9.          Non-Solicitation.
You covenant and agree that, during the period of Your employment and for one year following termination of Your employment for
any reason by either You or the Company, You will not, either directly or indirectly, for Yourself or for any third party, except
as otherwise agreed to in writing by the Company (a) employ or hire any person who is employed by the Company (whether as an employee
or as an independent contractor) with any business or other entity that is engaged in the industry or any other segment of the
industry in which, during Your employment with the Company, the Company is involved, may become involved in, or is considering
becoming involved in; (b) solicit, induce, recruit, or cause (or attempt to solicit, induce, recruit, or cause) any other person
who is employed by the Company (whether as an employee or as an independent contractor) to terminate their employment for the purpose
of joining, associating, or becoming employed with any business or other entity that is engaged in the industry or any other segment
of the industry in which, during Your employment with the Company, the Company is involved, may become involved in, or is considering
becoming involved in; or (c) solicit, induce, recruit, or do business with (or attempt to solicit, induce, recruit, or do business
with) any entity or individual that was/is a customer/client of the Company during the twelve month period prior to the termination
of your employment and/or a prospective customer/client of the Company during the six-month period prior to the termination of
your employment.

 

10.         Remedies
for Breach of Covenants. Regarding paragraphs 6-9 of this Agreement:

 

a.           The
Company and You specifically acknowledge and agree that the foregoing covenants in paragraphs 6-9 are reasonable in content and
scope and are given by You knowingly, willingly, voluntarily, and for adequate and valid consideration. The Company and You further
acknowledge and agree that, if any court of competent jurisdiction or other appropriate authority disagrees with the parties' foregoing
agreement as to reasonableness, then such court or other authority shall reform or otherwise modify the foregoing covenants of
You in paragraphs 6-9 only so far as necessary to be enforceable as reasonable, notwithstanding and regardless of any law or authority
to the contrary.

 

    	 

    	 

    

 

Micky K. Woo

January 25, 2012

Page 4

 

b.           The
covenants set forth in paragraphs 6-9 of this Agreement shall continue to be binding upon You notwithstanding the termination of
Your employment with the Company for any reason. Such covenants shall be deemed and construed as separate agreements independent
of any other provisions of this Agreement and any other agreement between You and the Company. The existence of any claim or cause
of action by You against the Company shall not constitute a defense to the enforcement by the Company of any or all such covenants.
You expressly agree that the remedy at law for the breach of any such covenant is inadequate, that You shall not defend against
any claim by the Company on the basis of an adequate remedy of law, that injunctive relief and specific performance shall be available
to prevent the breach or any threatened breach thereof, that the party bringing the claim shall not be required to post bond in
pursuit of such claim, and that the prevailing party shall on any such claim be entitled to recover attorneys’ fees, expert
witness fees, and costs incurred in pursuit of such claim, notwithstanding and regardless of any law or authority to the contrary.

 

c.           Nothing
herein contained is intended to waive or to diminish any right the Company or You may have at law or in equity at any time to protect
and defend legitimate property interests, including business relationships with third parties, the foregoing provisions being intended
to be in addition to and not in derogation or limitation of any other right the Company or You may have at law or in equity.

 

11.         Termination.
If Your employment terminates 1) for any reason on or after September 30, 2012, 2) upon the sale of the Company or 3) by action
of the Board of Directors, then the Company shall 1) pay Your Base Salary and accrued but unused vacation time through the date
of such termination 2) reimburse You for expenses accrued and payable under Section 5 hereof 3) provide You with severance pay
consisting of $350,000 payable in one lump sum and 4) pay the first twelve (12) months of premium for COBRA coverage you elect
through Company, if any, or pay you the value of that COBRA premium if you do not elect coverage. 

 

a.           Upon
termination, You (i) agree to provide reasonable cooperation to the Company at the Company’s expense in winding up Your work
for the Company and transferring that work to other individuals as designated by the Company, and (ii) agree reasonably to cooperate
with the Company in litigation as requested by the Company.

 

b.           To
be eligible for any payments under this Section 11, You must (i) execute and deliver to the Company a final and complete release
in a form that is acceptable and approved by the Company, and (ii) in the Company’s good faith belief, be in full compliance
with the provisions of paragraphs 6-9 hereof at the time of any such payment.

 

12.         Computer
Equipment. The Company has provided you with the following computer equipment: Lenovo X1 laptop, Lenovo X200 laptop, Lenovo
T500 laptop, Cisco ASA 5501 firewall, Linksys Wi-Fi router and HP LaserJet printer (together the “Computer Equipment”).
Upon termination of employment, ownership of the Computer equipment will pass to you. In addition to the Computer Equipment, You
have a GSM mobile phone with number +44-777-617-6186. Upon termination of employment, You may keep the phone, and all responsibility
for any monthly payments will immediately pass to You.

 

    	 

    	 

    

 

Micky K. Woo

January 25, 2012

Page 5

 

13.         Notices.
Any notices to be given hereunder by either party to the other may be effected either by personal delivery in writing or by mail,
registered or certified, postage prepaid, with return receipt requested. Mailed notices shall be addressed as follows:

 

a.           If
to the Company:

The Management
Network Group, Inc.

7300 College
Boulevard – Suite 302

Overland
Park, KS 66210

 

b.           If
to You:

Micky K. Woo

38 Devonshire
Drive

Oak Brook, IL
60523

 

Either party may change its address for
Notice by giving written notice to the other.

 

14.         General
Provisions:

 

a.           Governing
law and Consent to Jurisdiction. This Agreement and all disputes relating to Your employment with the Company shall be
subject to, governed by, and construed in accordance with the laws of the State of Kansas, irrespective of any choice of law and/or
of the fact that one or both of the parties now is or may become a resident of a different state. You hereby expressly submit and
consent to the exclusive personal jurisdiction and exclusive venue of the federal and state courts of competent jurisdiction in
the State of Kansas, notwithstanding any applicable law to the contrary.

 

b.           Assignability.
This Agreement, including but not limited to paragraphs 6-9, shall be binding upon and inure to the benefit of the Company, its
respective successors, heirs, and assigns. Except as expressly set forth herein, this Agreement may not be assigned by You without
the express written consent of the Company.

 

c.           Invalid
Provisions. If any provision of this Agreement is held to be illegal, invalid, or unenforceable, then such provision shall
be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision
had never comprised a part hereof; and the remaining provisions hereof shall remain in full force and effect and shall not be affected
by the illegal, invalid, or unenforceable provision or by its severance herefrom. Furthermore, in lieu of such illegal, invalid,
or unenforceable provision there shall be added automatically as a part of this Agreement a provision as similar in terms to such
illegal, invalid, or unenforceable provision as may be possible and still be legal, valid or enforceable.

 

d.           Construction
of Agreement. This Agreement sets forth the entire understanding of the parties and supersedes all prior agreements or
understandings, whether written or oral, with respect to the subject matter hereof. No terms, conditions or warranties, other than
those contained herein, and no amendments or modifications hereto shall be binding unless made in writing and signed by the parties
hereto. This Agreement shall not be strictly construed against either party.

 

    	 

    	 

    

 

Micky K. Woo

January 25, 2012

Page 6

 

e.           Waiver.
The waiver by either party hereto of a breach of any term or provision of this Agreement shall not operate or be construed as a
waiver of a subsequent breach of the same provision by any party or of the breach of any other term or provision of this Agreement.

 

f.            Titles.
Titles of the paragraphs herein are used solely for convenience and shall not be used for interpretation or construing any work,
clause, paragraph or provision of this Agreement.

 

g.           Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but which together shall
constitute one and the same instrument.

 

If the foregoing terms meet with our understanding,
please sign this Agreement where indicated below.

 

	 	Very truly yours,
	 	 
	 	THE MANAGEMENT NETWORK GROUP, INC.
	 	 
	 	By:	/s/ Andrew D. Lipman
	 	Andrew D. Lipman
	 	Chairman, Compensation Committee,
	 	Board of Directors
	 	 
	Confirmed as of the date first written above:	 
	 	 
	/s/ Micky K. Woo	 
	 	 
	Micky K. Woo

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