Document:

Online Disruptive Technologies, Inc.: Exhibit 10.2 - Filed by newsfilecorp.com

Exhibit 10.2

CONSULTING AGREEMENT 

THIS CONSULTING AGREEMENT is dated for reference the
23rd day of November, 2012. 

B E T W E E N: 

	 	ONLINE DISRUPTIVE TECHNOLOGIES, INC., a
      corporation incorporated under the laws of the State of Nevada 	 
	 	 	 
	 	(the “Company”) 	 
	 	 	 
	 	- and - 	 
	 	 	 
	 	JENNIFER ROSENBERG, an individual with
      an address at 2 Laurel St., Lexington, MA 02421 	 
	 	 	 
	 	(the “Consultant”) 	 

WHEREAS the Company is desirous of engaging the
Consultant and the Consultant is desirous of accepting such mandate, in
consideration of the mutual covenants and agreements contained in this
Consulting Agreement and other good and valuable consideration (the receipt and
sufficiency of which are hereby acknowledged), the parties hereto agree as
follows:

NOW THEREFORE

	 	1. 	
      During the term of this Consulting Agreement, the
      Consultant shall have the full and complete obligation and responsibility
      for the performance of the duties and/or works described in the attached
      Schedule “A” for the Company and the Consultant shall be obligated to the
      Company for the performance of all such duties and/or works (the
      “Consulting Services”):

	 	 	 	 
	 	2. 	
      In consideration of the provision of the Consulting
      Services during the term of this Consulting Agreement, the Company shall
      pay to the Consultant a consulting fee of US$6,000, all of which will be
      paid by the issuance of 600,000 common shares of the Company (the
      “Securities”), on the date of this Consulting Agreement.

	 	 	 	 
	 	3. 	
      The Consultant acknowledges and agrees that:

	 	 	 	 
	 		(a) 	
      none of the Securities have been or, except as
      contemplated herein, will be registered under the Securities Act of 1933,
      as amended (the “1933 Act”), or under any state securities or “blue
      sky” laws of any state of the United States, and, unless so registered,
      may not be offered or sold in the United States or, directly or
      indirectly, to U.S. Persons, as that term is defined in Regulation S under
      the 1933 Act (“Regulation S”), except pursuant to an effective
      registration statement under the 1933 Act, or pursuant to an exemption
      from, or in a transaction not subject to, the registration requirements of
      the 1933 Act and in each case only in accordance with applicable state and
      provincial securities laws;

	 	 	 	 
	 		(b) 	
      the Consultant acknowledges that the Company has not
      undertaken, and will have no obligation, to register any of the Securities
      under the 1933 Act or any other securities
legislation;

	 	(c) 	
      the decision to execute this Consulting Agreement and
      acquire the Securities has not been based upon any oral or written
      representation as to fact or otherwise made by or on behalf of the Company
      and such decision is based entirely upon a review of any public
      information which has been filed by the Company with the Securities and
      Exchange Commission (“SEC”) in compliance, or intended compliance,
      with applicable securities legislation;

	 	 	 
	 	(d) 	
      the Consultant and the Consultant’s advisor(s) have had a
      reasonable opportunity to ask questions of and receive answers from the
      Company in connection with the distribution of the Securities hereunder,
      and to obtain additional information, to the extent possessed or
      obtainable without unreasonable effort or expense, necessary to verify the
      accuracy of the information about the Company;

	 	 	 
	 	(e) 	
      the books and records of the Company were available upon
      reasonable notice for inspection, subject to certain confidentiality
      restrictions, by the Consultant during reasonable business hours at its
      principal place of business, and all documents, records and books in
      connection with the distribution of the Securities hereunder have been
      made available for inspection by the Consultant, the Consultant’s lawyer
      and/or advisor(s);

	 	 	 
	 	(f) 	
      all of the information which the Consultant has provided
      to the Company is correct and complete as of the date this Consulting
      Agreement is signed, and if there should be any change in such information
      prior to this Consulting Agreement being executed by the Company, the
      Consultant will immediately provide the Company with such
    information;

	 	 	 
	 	(g) 	
      the Company is entitled to rely on the representations
      and warranties of the Consultant contained in this Consulting Agreement
      and the Consultant will hold harmless the Company from any loss or damage
      it or they may suffer as a result of the Consultant’s failure to correctly
      complete this Consulting Agreement;

	 	 	 
	 	(h) 	
      the Consultant will indemnify and hold harmless the
      Company and, where applicable, its directors, officers, employees, agents,
      advisors and shareholders, from and against any and all loss, liability,
      claim, damage and expense whatsoever (including, but not limited to, any
      and all fees, costs and expenses whatsoever reasonably incurred in
      investigating, preparing or defending against any claim, lawsuit,
      administrative proceeding or investigation whether commenced or
      threatened) arising out of or based upon any representation or warranty of
      the Consultant contained in this Consulting Agreement or in any document
      furnished by the Consultant to the Company in connection herewith being
      untrue in any material respect or any breach or failure by the Consultant
      to comply with any covenant or agreement made by the Consultant to the
      Company in connection therewith;

	 	 	 
	 	(i) 	
      the Consultant has been advised to consult the
      Consultant’s own legal, tax and other advisors with respect to the merits
      and risks of an investment in the Securities and with respect to
      applicable resale restrictions, and it is solely responsible (and the
      Company is not in any way responsible) for compliance
  with:

	 		(i) 	
      any applicable laws of the jurisdiction in which the
      Consultant is resident in connection with the distribution of the
      Securities hereunder, and

	 	 	 	 
	 		(ii) 	
      applicable resale restrictions;

	 	 	 	 
	 	(j) 	
      the Consultant acknowledges that, in addition to the
      other legends that may be required by securities laws, the certificates
      representing the Securities will bear the following
  legend:

“THESE SECURITIES HAVE NOT BEEN
REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE AND HAVE BEEN ISSUED IN RELIANCE UPON AN
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“1933 ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT OR PURSUANT TO AN AVAILABLE
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
LAWS.” 

	 		(k) 	
      the Company has advised the Consultant that the Company
      is relying on an exemption from the requirements to provide the Consultant
      with a prospectus to issue the Securities and, as a consequence of
      acquiring the Securities pursuant to such exemption certain protections,
      rights and remedies provided by the applicable securities legislation
      including statutory rights of rescission or damages, will not be available
      to the Consultant;

	 	 	 	 
	 		(l) 	
      neither the SEC nor any other securities commission or
      similar regulatory authority has reviewed or passed on the merits of any
      of the Securities and no documents in connection with the sale of the
      Securities hereunder have been reviewed by the SEC or any state securities
      administrators;

	 	 	 	 
	 		(m) 	
      there is no government or other insurance covering any of
      the Securities; and

	 	 	 	 
	 		(n) 	
      this Consulting Agreement is not enforceable by the
      Consultant unless it has been accepted by the Company.

	 	 	 	 
	 	4. 	
      The Consultant hereby represents and warrants to and
      covenants with the Company that:

	 	 	 	 
	 		(a) 	
      the Consultant is a U.S. Person;

	 	 	 	 
	 		(b) 	
      the Consultant is resident in the jurisdiction set out
      next to its name on the first page of the Consulting Agreement;

	 	 	 	 
	 		(c) 	
      she has the legal capacity and competence to enter into
      and execute this Consulting Agreement and to take all actions required
      pursuant hereto;

	 	(d) 	
      the entering into of this Consulting Agreement and the
      transactions contemplated hereby do not result in the violation of any of
      the terms and provisions of any law applicable to, or, if the Consultant
      is a corporate entity, the constating documents of, the Consultant or of
      any agreement, written or oral, to which the Consultant may be a party or
      by which the Consultant is or may be bound;

	 	 	 
	 	(e) 	
      the Consultant has duly executed and delivered this
      Consulting Agreement and it constitutes a valid and binding agreement of
      the Consultant enforceable against the Consultant;

	 	 	 
	 	(f) 	
      the Consultant has received and carefully read this
      Consulting Agreement;

	 	 	 
	 	(g) 	
      the Consultant is acquiring the Securities as principal
      for investment only and not with a view to resale or
  distribution;

	 	 	 
	 	(h) 	
      the Consultant is aware that an investment in the Company
      is speculative and involves certain risks, including the possible loss of
      the entire investment;

	 	 	 
	 	(i) 	
      the Consultant has made an independent examination and
      investigation of an investment in the Securities and the Company and has
      depended on the advice of its legal and financial advisors;

	 	 	 
	 	(j) 	
      the Consultant (i) has adequate net worth and means of
      providing for its current financial needs and possible personal
      contingencies, (ii) has no need for liquidity in this investment, and
      (iii) is able to bear the economic risks of an investment in the
      Securities for an indefinite period of time;

	 	 	 
	 	(k) 	
      the Consultant (i) is able to fend for itself; (ii) has
      such knowledge and experience in business matters as to be capable of
      evaluating the merits and risks of its prospective investment in the
      Securities; and (iii) can afford the complete loss of such
    investment;

	 	 	 
	 	(l) 	
      the Consultant is not an underwriter of, or dealer in,
      the common shares of the Company, nor is the Consultant participating,
      pursuant to a contractual agreement or otherwise, in the distribution of
      the Securities;

	 	 	 
	 	(m) 	
      the Consultant is not aware of any advertisement of any
      of the Securities and is not acquiring the Securities as a result of any
      form of general solicitation or general advertising including
      advertisements, articles, notices or other communications published in any
      newspaper, magazine or similar media or broadcast over radio or
      television, or any seminar or meeting whose attendees have been invited by
      general solicitation or general advertising;

	 	 	 
	 	(n) 	
      others will rely upon the truth and accuracy of the
      representations and warranties contained in this Consulting Agreement and
      agrees that if such representations and warranties are no longer accurate
      or have been breached, the Consultant shall immediately notify the
      Company;

	 	 	 
	 	(o) 	
      no person has made to the Consultant any written or oral
      representations:

	 	 	 	(i) 	
      that any person will resell or repurchase any of the Securities;
	 	 	 	 	
       
	 		 	(ii) 	
      that any person will refund the purchase price of any of
      the Securities;

	 	 	 	 	 
	 		 	(iii) 	
      as to the future price or value of any of the Securities;
      or

	 	 	 	 	 
	 		 	(iv) 	
      that any of the Securities will be listed and posted for
      trading on any stock exchange or automated dealer quotation system or that
      application has been made to list and post any of the Securities of the
      Company on any stock exchange or automated dealer quotation
  system.

	 	 	 	 	 
	 	5. 	
      The term of this Consulting Agreement is from November 1,
      2012 to December 31, 2012 and shall terminate on December 31, 2012 unless
      renewed or terminated prior to that date by the parties in
  writing.

	 	 	 	 	 
	 	6. 	
      This Consulting Agreement shall be governed by the laws
      of the State of Nevada, without reference to conflict of laws
      principles.

	 	 	 	 	 
	 	7. 	
      This Consulting Agreement may be executed in
      counterparts, which execution may be by facsimile, each of which shall be
      an original, but all of which shall constitute one and the same
      agreement.

IN WITNESS WHEREOF the parties hereto have executed this
agreement as of the day and year first above written. 

	  	   ONLINE DISRUPTIVE
      TECHNOLOGIES, INC. 
	  	  	  
	  	   By:   	/s/ Giora Davidovits 
	  	  	Authorized Signatory 
	  	  	 
	  	  	  
	  	  	  
	SIGNED BY JENNIFER ROSENBERG 	  ) 	  
	in the presence of: 	  ) 	  
	  	  ) 	  
	  	  ) 	  
		  ) 	
	/s/
      Signed 	  ) 	/s/
      Jennifer Rosenberg  
	Witness 	  	JENNIFER ROSENBERG

SCHEDULE “A” 

During the term of the Consulting Agreement, the Consultant
will provide the following services: 

	 	1. 	
      Assisting in the continuing research and development
      regarding the technology (the “Technology”) licensed by the
      Company’s subsidiary, Savicell Diagnostic Ltd.
  (“Savicell”);

	 	 	 
	 	2. 	
      Meeting with potential investors to explain the potential
      of the Technology;

	 	 	 
	 	3. 	
      Meeting with diagnostics companies to consider strategic
      partenrships or joint ventures;

	 	 	 
	 	4. 	
      Performing any other tasks required by the Company to
      further the Technology and its commercial
exploitation.8-K CEO Agreement - 10.1

EXHIBIT 10.1

     GENERAL RELEASE AND AGREEMENT
This General Release and Agreement ("Release Agreement") is entered into by Circor, Inc. and CIRCOR International, Inc. (collectively, "Circor" or "the Company") and A. William Higgins (the "Executive"). 
WHEREAS, pursuant to Section 2(c) of the Severance Agreement entered into between Circor, Inc. and the Executive on March 28, 2008 ("the Severance Agreement"), the Company has agreed to pay certain severance benefits (the “Severance Benefits”) if the Executive signs a general release of claims in a form and manner satisfactory to the Company (“General Release”); and
WHEREAS, as additional consideration for the General Release, the Company wishes to accelerate the vesting of certain equity awards previously made to the Executive as set forth in Exhibit A attached hereto (the “Accelerated Equity”);
and
WHEREAS, the Company agrees to provide Executive with, and the Executive desires to receive the Severance Benefits in the Agreement and the Accelerated Equity; and
WHEREAS, the Executive and Circor understand that the Severance Agreement remains in full force and effect.
NOW, THEREFORE, the Executive is provided a General Release of claims by Circor as follows:
1.    Acceleration of Equity.  In partial consideration of the General Release below, the Company agrees to accelerate the vesting of certain tranches of equity awards previously made to the Executive as set forth on Exhibit A attached hereto.    

2.    Release and Waiver of Claims.  In exchange for the Severance Benefits contained in the Agreement and the Accelerated Equity, Executive hereby RELEASES, waives, and surrenders any and all claims, demands, and causes of action that the Executive, his heirs, executors, administrators, agents, 

attorneys, representatives, or assigns have or may have against  the Company based on any event or circumstance arising or occurring prior to and including the date of Executive's execution of this Agreement, including but not limited to any claims relating to Executive's employment or termination of employment by the Company, any rights of continued employment, reinstatement or reemployment by the Company, and any costs or attorneys' fees incurred by Executive, PROVIDED, HOWEVER, that Executive is not waiving, releasing or giving up any rights Executive may have to test the knowing and voluntary nature of the Agreement under the Older Workers Benefit Protection Act or to workers' compensation or unemployment insurance benefits, to earned, banked or accrued but unused vacation pay, to vested benefits under any pension or savings plan, to continued benefits in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985, to any rights of indemnification under CIRCOR International, Inc.'s Certificate of Incorporation, By-laws, Delaware law or the Director and Officer Indemnification Agreement in effect between the Company and the Executive, or to enforce the terms of this Agreement.  
3.    Representations Regarding Release and Waiver of Claims.  Executive represents that he has no pending claim against the Company, has not filed a complaint, charge or claim with any court, agency, or other tribunal against the Company and has not assigned any claim against the Company to any person or entity.  Moreover, to confirm parties' mutual understanding and intentions with respect to the release and waiver set forth in paragraph 1 above, Executive specifically acknowledges and agrees as follows: 
		
	(a)
	that this Agreement is intended to be a general release that permanently extinguishes all claims by Executive against the Company (except for claims expressly excluded by the proviso at the end of paragraph 2, above) to the fullest extent permitted by law; 

		
	(b)
	that this release includes both known and unknown claims, which means that the Executive is finally and forever waiving and giving up claims that the Executive does not know or suspect that he has or may have as of the date that he signs this Agreement; 

		
	(c)
	that without limiting the foregoing, Executive is waiving and giving up any rights and claims arising under Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act (ADEA), the Older 

Workers Benefit Protection Act (OWBPA), the Equal Pay Act, the Americans with Disabilities Act, the Employee Retirement Income Security Act, the Family and Medical Leave Act, the Rehabilitation Act of 1973, Executive Order 11246, the False Claims Act, 42 U.S.C. § 1981, the Massachusetts Fair Employment Practices Act (General Laws Ch.151B), the Massachusetts Equal Pay Act (General Laws Ch.149, §105A), the Massachusetts Civil Rights Act (General Laws Ch.12, §§11H, 11I), the Massachusetts Equal Rights Act (General Laws Ch.93, §§102, 103); and including any other state, municipal or other federal law, statute, public policy, order, or regulation affecting or relating to the claims and rights of employees, including but not limited to any state, federal or municipal law, statute, public policy, order, or regulation of the Commonwealth of Massachusetts; and including any and all claims and suits in tort or contract.

		
	(d)
	that Executive is waiving and giving up any claim that he has or may have to obtain any monetary recovery or equitable relief from the Company, including, but not limited to back pay, front pay, interest, attorney's fees and costs, liquidated damages, contract damages, punitive, compensatory, or consequential damages, and any other form of monetary or non-monetary relief under any theory of law or liability whatsoever;

		
	(e)
	that Executive is waiving and giving up any claim he has or may have arising from the terms, conditions, or circumstances of his/her employment and/or the termination of such employment, but that the release and waiver do not affect any claims which arise after the Effective Date of this Agreement including but not limited to any claims for indemnification that might arise under under CIRCOR International, Inc.'s Certificate of Incorporation, By-laws, Delaware law or the Director and Officer Indemnification Agreement in effect between the Company and the Executive.

4.    Release and Waiver of Age Discrimination Claims.  Because this Agreement includes a release and waiver of claims under the Age Discrimination in Employment Act of 1967, Executive is entitled to the following disclosures to ensure that his release and waiver of age discrimination claims is knowing and voluntary:

		
	(a)
	Executive is advised that this Agreement affects his legal rights, and that he should consult with an attorney prior to signing the Agreement;

		
	(b)
	Once the Executive signs the Agreement, he has an additional seven (7) days within which to notify the Company that he wishes to revoke the Agreement;

		
	(c)
	This Release Agreement will not become effective until the eighth day following Executive's execution of this Release Agreement (as long as Executive does not provide timely notification of revocation).

        
5.    Ongoing Non-Competition, Solicitation and Confidentiality Obligations Preserved.  Executive specifically acknowledges and reaffirms his ongoing obligations to the Company, including but not limited to those which are contained in Section 7 of the Severance Agreement. 

6.    Defamation and Disparagement. Executive agrees not to make any verbal or written statement that would disparage the Company or be likely to harm its business or reputation.  In return, the 

Company agrees that it shall not issue any public statement that would disparage the Executive or be likely to harm Executive's reputation.  The Company further agrees that the members of its Board of Directors and its executive officers shall not make any verbal or written statement that would disparage Executive or be likely to harm Executive's reputation. Nothing provided in this paragraph 6, however, shall prevent either party from testifying truthfully in any regulatory, court  or other legal proceeding.

7.    Acceptance.  Executive may accept this Agreement by delivering an executed copy of the Agreement to:                
Alan J. Glass, General Counsel
[at the Company's home office address]

on or after Executive's Termination Date.

8.    Revocation.  Executive may revoke this Release Agreement within seven (7) days after it is executed by Executive by delivering a written notice of revocation to:

Alan J. Glass, General Counsel
[at the Company's home office address]
    
no later than the close of business on the seventh (7th) calendar day after this Release Agreement was signed by Executive.  This Release Agreement will not become effective or enforceable until the eighth (8th) calendar day after Executive signs it, which date shall be known as “the Effective Date.” If Executive revokes this Release Agreement, the parties shall have no obligations under this Release Agreement, and this Agreement shall be considered null and void.  

9.    Non-Admission.  This Agreement does not constitute and shall not be construed as an admission by the Company that it has violated any law, interfered with any rights, breached any obligation or otherwise engaged in any improper or illegal conduct with respect to Executive, and the Company expressly denies that it has engaged in any such conduct. 

10.    Breach.  If Executive breaches any provision of the Agreement, the Company may withhold any remaining payments hereunder and demand repayment of any payments already made, in which case Executive will forfeit any remaining payments hereunder and promptly return to the Company any payments the Company already made to Executive.  Any forfeiture or repayment by Executive will be in addition to and not in lieu of any other remedy provided for herein or otherwise available to the Company on account of a breach by Executive, including the Company's entitlement to seek injunctive relief from a court ordering Executive to cease violating his obligations, recovery of any damages sustained and any other applicable remedies on account of a breach by Executive.   

CIRCOR, INC.

/s/ A. William Higgins                           By    /s/ Alan J. Glass             
A. William Higgins                        
Title:    Vice President and Clerk

Date:    December 5, 2012                Date:    December 5, 2012

EXHIBIT A TO GENERAL RELEASE AGREEMENT

Schedule A

Long-Term Equity Awards

	
					
	Award Date
	Nature of Award
	#Options/RSUs
	Original Vesting/Exercise Date
	Accelerated Vesting/Exercise Date

	3/1/2010
	Stock Options
	11.554
	3/1/2013
	12/6/2012

	3/5/2012
	Stock Options
	8.243
	3/5/2013
	12/6/2012

	2/26/2007
	RSUs
	2.577
	2/26/2013
	12/6/2012

	2/28/2011
	RSUs
	2.938
	2/28/2013
	12/6/2012

	3/1/2008
	RSUs
	1.647
	3/1/2013
	12/6/2012

	3/1/2010
	RSUs
	5.308
	3/1/2013
	12/6/2012

	3/2/2009
	RSUs
	5.536
	3/2/2013
	12/6/2012

	3/2/2009
	RSUs
	1.575
	3/2/2013
	12/6/2012

	3/5/2012
	RSUs
	3.564
	4/5/2013
	12/6/2012

Management Stock Purchase Plan RSU Awards (“MIPs”)*
	
					
	Award Date
	Original Vesting/Exercise Date
	#Original MIPs
	#MIPs vested on termination date under Plan terms
	Additional #MIPs to be Vested as of 12/06/12

	2/28/2011
	2/28/2014
	9.257
	3.085
	3.085

	3/5/2012
	3/5/2015
	7.595
	—
	2.531

*Cash deferred into MIPs not vested will be returned in accordance with the terms of the Management Stock Purchase Plan.  Due to IRC Section 409A limitations, payment of MIPs and return of cash will not be made until expiration of six months from the Termination Date of December 6, 2012.

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