Document:

QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.1    
    

[SYNGENCE CORPORATION LETTERHEAD] 

September 24,
2007 

Mr. Chris
Johnson

6847 20th Avenue NE

Seattle, WA 98115

Re: Offer of Employment 

Dear
Chris, 

        On
behalf of Syngence Corporation ("Syngence") and its employees, it is my pleasure to offer you a position with our company. This letter will outline the agreement we have reached with
respect to your employment. 

        Subject
to the following terms and conditions, you will be employed as Chief Financial Officer and Vice President, Finance effective on or about November 15, 2007 (your
"Employment Date"). In that capacity, you will report to the Company's Chief Executive Officer with additional accountability to the Chairman of the Audit Committee. Prior to your becoming a full time
employee on your Employment Date you have agreed to enter into a consulting agreement in which you will assume substantially the same responsibilities while you transition out of your existing
employment. Upon the Effective Date, and for a transition period thereafter, we have agreed that you will have the flexibility to on a part time consulting basis assist your present employer through
its year-end audit, and the provisions relating to full-time employment described below are waived to the extent reasonably required for that purpose. 

        You
will be employed on an at-will full-time basis and will devote substantially all of your professional time to your position with Syngence. You will be
domiciled in Seattle, Washington, however, because most of our facilities are in Dallas, Texas it is our mutual understanding that you will be available in Dallas and for other travel as reasonably
may be required to fulfill you duties as Vice President, Finance. 

        You
will initially receive base compensation at the rate of $120,000 per year, subject to annual review. In addition, you will be eligible for a cash bonus, subject to approval of the
board of directors, targeted to be up to 20% of your base compensation, based on the achievement individual, department and company goals as established from time to time by the Chief Executive
Officer and the Compensation Committee following consultation with you. Upon your becoming a full time employee, you will, subject to approval of the board of directors, be granted options to purchase
12,500 shares of Syngence common stock, issuable under our incentive stock plan. The options will have a five-year term and an exercise price to be determined based on the fair market
value of the Company's shares in connection with this expected public offering. They will vest in equal increments on each of the first four anniversaries of you Employment Date. You will be entitled
to such other benefits as, from time to time, Syngence provides to its senior executive employees, which will include four (4) weeks paid vacation each year. 

Mr. Chris
Johnson

September 24, 2007 

        As
a condition of your employment, you will provide proof of your eligibility to work in the United States and will execute our standard form of Proprietary Information, Non Competition
and Inventions Assignment Agreement. 

        It
is a pleasure to welcome you to Syngence and I look forward to working with you. If you are in agreement with the provisions as outlined in this letter, please execute attached copy
hereto and return it to my attention. 

Sincerely,

/s/
RANDALL D. MILES 

Randall
D. Miles

President & CEO 

ACCEPTED
AND AGREED 

	/s/ CHRIS JOHNSON
 Chris Johnson	 	 

QuickLinks

Exhibit 10.1QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.2    
    

[SYNGENCE CORPORATION LETTERHEAD] 

May 21,
2007 

Mr. Ed
Horton, Jr.

Executive Vice President

Syngence Corporation

24875 Eaton Lane

Laguna Niguel, CA 92677 

Dear
Ed: 

        We
are pleased to offer you the position of Executive Vice President at Syngence Corporation beginning as of the date of this letter. In this position, you will report to the Chief
Executive Officer. Your base salary will be $185,000 per year. You will also be entitled to commissions based on the compensation plan below (see 2007 Compensation Plan below). 

        You
will be offered the right, upon execution by you of a Subscription Agreement relating thereto, to purchase up to 175,000 shares of Syngence Corp. common stock at a purchase price of
$0.01/share. 75% of such shares shall be owned by you subject to the right of repurchase by Syngence described below. Subject to your continued employment with Syngence or an affiliate, the
restriction will lapse in equal amounts on each of the first three anniversaries of your employment. Upon termination of your employment with Syngence or an affiliate, all of the shares then remaining
restricted shall, for a period of thirty days following such termination, be subject to repurchase by Syngence at the original purchase price, without interest. Should there be a "change in control"
of the company all of your stock would vest to you immediately. 

        You
will be eligible to participate in 401k plan, stock options, certain employee benefits, including group health insurance coverage, subject to the terms of the applicable health
insurance plans. On your hire date, you will be begin accruing Paid Time Off (PTO) at the rate of 20 days per year, up to a maximum accrual of 40. No additional time will accrue until your
accrued vacation falls below the maximum accrual amount. In the event that your employment is terminated without cause within the first year of employment, you will continue to be paid your salary and
benefits in semi-monthly payments for six months from the date of termination. Severance terms are to be renegotiated after your initial year of employment. Additional information
concerning these benefits and the eligibility requirements for each will be available to you when you start work. Benefit programs are reviewed and modified periodically at the Company's discretion. 

        This
offer is contingent upon your agreement to the enclosed Proprietary Information, Non-Competition and Inventions Assignment Agreement. Please sign and return that form to
me along with your signed acceptance of this letter. In addition, this offer is also contingent upon your presentation of adequate documentation confirming your eligibility for employment in the
United States. On or before your first day of employment, please bring with you documents verifying your eligibility to work in the United States. 

        This
offer and employment is contingent upon and subject to all other Company policies, procedures and handbooks. It is also contingent upon confirmation that you are not prevented from
working for Syngence due to any restrictive covenant you may have signed. 

        Employment
at Syngence is at all times at-will, meaning that either you or the Company may terminate the employment relationship at any time with or without cause or notice. 

        If
you have any questions about this offer of employment, please don't hesitate to call. I look forward to working with you. 

Sincerely,

/s/
GEORGE NOGA 

George
Noga

President/CEO 

        I
accept this offer of at will employment under the terms specified above and have signed the enclosed Proprietary Information, Non-Competition and Inventions Assignment
Agreement, which I understand is a term and condition of my employment at Syngence Acquisition Corporation. I understand that either I or Syngence may terminate this employment relationship at will at
any time with or without cause or notice. 

	/s/ ED HORTON, JR.
 Ed Horton, Jr.

Executive Vice President

Syngence Corporation	 	 
	

5-23-07
 Date	
 	

 

Commission/Bonus
Plan 

Executive Vice President

2007 Comp Plan

Compensation  

Processing Bonus  

	Service Revenue
 
	 	%
	 	Bonus
	 	Comments

	$ starting at 3,000,001	 	2.5	%	$	75,000	 	 
	$ up to 4,000,001	 	2.75	%	$	110,000	 	 
	$ over 5,000,001	 	3.0	%	$	150,000	 	 

All
services revenue that is invoiced by the company. 

Software Revenue  

All
software revenue (net of channel cost) paid

Out at 5% 

2007
software revenue projection of $1,000,000. 

	Projected Bonus	 	$	50,000

All
revenue that is processed through our SPS partners. 

	2007 Salary
 
	 	Annual

Vacation

Weeks
	 	Annual Sick days

	$185,000	 	4 weeks	 	5 days

There
will be a cap of all bonus compensation of $400,000 for the year $2007. 

QuickLinks

Exhibit 10.2QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.4    
    

SYNGENCE CORPORATION  

May 23,
2007 

Mr. Douglas
Matzke

1516 Copper Creek Drive

Plano, TX 75075 

Dear
Douglas: 

        We
are pleased to offer you the position of Chief Technical Officer at Syngence Acquisition Corporation ("Company" or "Syngence"). In this position, you will report to the Chief
Executive Officer. Your compensation will be $125,000 per year, with a discretionary target bonus of $25,000 per year 

        You
will be offered the right, upon execution by you of a Subscription Agreement relating thereto, to purchase up to 75,000 shares of Syngence common stock at a purchase price of
$0.01/share. 75% of such shares shall be owned by you subject to the right of repurchase by Syngence described below. Subject to your continued employment with Syngence or an affiliate, the
restriction will lapse in equal amounts on each of the first three anniversaries of your employment. Upon termination of your employment with Syngence or an affiliate, all of the shares then remaining
restricted shall, for a period of thirty days following such termination, be subject to repurchase by Syngence at the original purchase price, without interest 

        You
will be eligible to participate in certain employee benefits, including group health insurance coverage, subject to the terms of the applicable health insurance plans. On your hire
date, you will be begin accruing Paid Time Off (PTO) at the rate of 20 days per year, up to a maximum accrual of 40.
No additional time will accrue until your accrued vacation falls below the maximum accrual amount. Additional information concerning these benefits and the eligibility requirements for each will be
available to you when you start work. Benefit programs are reviewed and modified periodically at the Company's discretion. 

        This
offer is contingent upon your agreement to the enclosed Proprietary Information, Non-Competition and Inventions Assignment Agreement. Please sign and return that form to
me along with your signed acceptance of this letter. In addition, this offer is also contingent upon your presentation of adequate documentation confirming your eligibility for employment in the
United States. On or before your first day of employment, please bring with you documents verifying your eligibility to work in the United States. 

        This
offer and employment is contingent upon and subject to all other Company policies, procedures and handbooks. It is also contingent upon confirmation that you are not prevented from
working for Syngence due to any restrictive covenant you may have signed. 

        Employment
at Syngence is at all times at-will, meaning that either you or the Company may terminate the employment relationship at any time with or without cause or notice. 

        If
you have any questions about this offer of employment, please don't hesitate to call. I look forward to working with you. 

Sincerely,

/s/
GEORGE NOGA 

George
Noga

President/CEO 

        I
accept this offer of at will employment under the terms specified above and have signed the enclosed Proprietary Information, Non-Competition and Inventions Assignment
Agreement, which I understand is a term and condition of my employment at Syngence Acquisition Corporation. I understand that either I or Syngence may terminate this employment relationship at will at
any time with or without cause or notice. 

	/s/ DOUGLAS MATZKE
 Douglas Matzke	 	 
	

May 23, 2007
 Date	
 	

 

QuickLinks

Exhibit 10.4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00132-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00132-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00132-of-00352.parquet"}]]