Document:

Exhibit 4(iii)

 Exhibit 4(iii) 
 Form of Enrollment Form 

 RETIREONE FIXED CONTINGENT DEFERRED ANNUITY ENROLLMENT FORM 

TRANSAMERICA ADVISORS LIFE INSURANCE COMPANY 
 Home Office: Little Rock, Arkansas Telephone: (877) 575-2742 
 Mailing
Address: XXXXXXXXXXXXXXX 
  
  

TYPE OF ANNUITY APPLYING FOR 
  ̈  IRA     ̈  Roth IRA     ̈  Non-Qualified

  
  

 

			
	 PRIMARY CERTIFICATE OWNER COMPLETE LEGAL NAME:
                                         
                                         
          

 Residential Address:(1)                   
                                         
                     City, State, Zip:
                                         
                            
 Mailing Address:
                                         
                            City, State, Zip:
                                         
                                         
   
 SSN/TIN:
                                     Date of Birth:
                             Telephone:
                                         
                                
 Gender:  ̈  Male     ̈  Female 

Citizenship:  ̈  U.S. Citizen 
                      ̈  Non-U.S.Citizen
(Country of Citizenship:
                                        )  ̈  Resident Alien  ̈  Non-Resident Alien 
  

 
 JOINT CERTIFICATE OWNER COMPLETE LEGAL NAME:
                                         
                                         
               
 Relationship to Owner:
                                         
                                         
                                         
                                         
     
 Residential Address:(1)                   
                              City, State, Zip:
                                         
                                         
           
 Mailing Address:
                                         
                City, State, Zip:
                                         
                                         
           
 SSN/TIN:
                         Date of Birth:
                                 Telephone:
                                         
                                    

Gender:
 ̈  Male     ̈  Female 
 Citizenship:  ̈  U.S. Citizen 

                    
 ̈  Non-U.S.Citizen (Country of Citizenship:
                                )
 ̈  Resident Alien  ̈  Non-Resident Alien 
  

 
 COVERED PERSON COMPLETE LEGAL NAME:
                                         
                                         
                                       

Relationship to Owner:
                                         
                                         
                                         
                                         
     
 Residential Address:(1)                   
                              City, State, Zip:
                                         
                                         
           
 Mailing Address:
                                         
                City, State, Zip:
                                         
                                         
           
 SSN/TIN:
                         Date of Birth:
                                 Telephone:
                                         
                                    

Gender:
 ̈  Male     ̈  Female 
 Citizenship:  ̈  U.S. Citizen 

                    
 ̈  Non-U.S.Citizen (Country of Citizenship:
                                        )  ̈  Resident Alien  ̈  Non-Resident Alien 
  

	(1)	 A Residential
Address must be completed and cannot be a P.O. Box. 

 ARIA-ENROLL 81603544 08/11 

Page 1 of 3 

  

JOINT COVERED PERSON COMPLETE LEGAL NAME:
                                         
                                         
                           
 Relationship to Owner:
                                         
                                         
                                         
                                         
         
 Residential Address:(1)           
                                      City, State, Zip:
                                         
                                         
           
 Mailing Address:
                                         
                            City, State, Zip:
                                         
                                         
   
 SSN/TIN:
                                     Date of Birth:
                             Telephone:
                                         
                                
 Gender:  ̈  Male     ̈  Female 

Citizenship:  ̈  U.S. Citizen 
                      ̈  Non-U.S.Citizen
(Country of Citizenship:                                 )  ̈  Resident Alien  ̈  Non-Resident Alien 
  

	(1)	 A Residential
Address must be completed and cannot be a P.O. Box. 

  

 
 COVERED ASSET INFORMATION 

Account Number:
                                         
                                         
                                         
                                         
                     
 Account Name:
                                         
                                         
                                         
                                         
                         
 Distributor Name:
                                         
                    Distributor Account Number:
                                         
                                

 

			
	 Investment Profile:
	 	 ̈ A (1.00%)
		 	 ̈ B (1.15%)
		 	 ̈ C (1.35%)
		 	 ̈ D (1.75%)

  
  

REPLACEMENT INFORMATION 
 All questions
in this section must be answered. 
  ̈  No     ̈  Yes Did the Representative/Insurance Producer present and leave the applicant sales material? 
  ̈  No     ̈  Yes Do you have any existing life insurance policies or
annuity contracts? 

 ̈  No     ̈  Yes
Will this annuity replace or change any existing life insurance policies or annuity contracts? 
   If
yes - Company:
                                         
                                    Policy #:
                                         
    
  
  

CALIFORNIA APPLICANTS 65 AND OLDER ONLY 

Advisement of consequences in the sale of liquidation of assets: 
  

	 ̈	I have been advised that the sale or liquidation of any stock, bond, IRA, certificate of deposit, mutual fund, annuity or other asset used to fund the purchase of a
life or annuity product may involve tax consequences, early withdrawal penalties, or other costs or penalties associated with the sale or liquidation of the asset. I have also been advised to obtain the advice of independent legal or financial
counsel before selling any assets and before purchasing the life or annuity product. Please check this box indicating that you have read this statement if it applies to you. 

ARIA-ENROLL 81603544 08/11 
 Page 2 of 3 

  

FRAUD AND DISCLOSURE STATEMENTS 
 For
Applicants in AR - Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and
confinement in prison. 
 For Applicants in DC - WARNING: It is a crime to provide false or misleading information to an insurer for
the purpose of defrauding the insurer or any other person. Penalties include imprisonment and/or fines. In addition, an insurer may deny insurance benefits if false information materially related to a claim was provided by the applicant. 

For Applicants in FL - Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an
application containing any false, incomplete, or misleading information is guilty of a felony of the third degree. 
 For Applicants in
WA - It is a crime to knowingly provide false, incomplete, or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines, or a denial of insurance benefits. 

Under the Washington Uniform Transfers to Minors Act, extending custodianship to age twenty-five may cause you to lose your annual exclusion from Federal
Gift Tax. We recommend you seek the advice of your tax counsel prior to making this election.  
 For all other states - Any
person who knowingly presents a false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law. 
  

 
 SIGNATURE(S) OF AUTHORIZATION ACCEPTANCE

  

	 	•	 	 Unless I have notified Transamerica Advisors Life Insurance Company of a community or marital property interest in this certificate, Transamerica
Advisors Life Insurance Company will rely on good faith belief that no such interest exists and will assume no responsibility for inquiry. 

  

	 	•	 	 To the best of my knowledge and belief, all of my statements and answers on this form are correct and true. 

 

	 	•	 	 This application is subject to acceptance by Transamerica Advisors Life Insurance Company. If this form is rejected for any reason, Transamerica
Advisors Life Insurance Company will be liable only for return of purchase payment paid. 

  

	 	•	 	 I understand that federal law requires all financial institutions to obtain customer information, including the name, residential address, date of
birth, Social Security Number or Tax Identification Number and any other information necessary to sufficiently identify each customer. I understand that failure to provide this information could result in the annuity certificate not being issued,
delayed or unprocessed transactions, or annuity certificate termination. 

 I have read the Fraud and Disclosure Statements
listed in this enrollment form. 
 Signed at:
                                        
                                         
                                         
                                         
                                  

                    City
                                         
                       State
                                         
               Date 
 F Owner(s) Signature:
X                                       
                                         
                                         
                                         
        
 F Joint Owner(s) Signature:
X                                       
                                         
                                         
                                         
   
 F Annuitant Signature (if not Owner):
X                                       
                                         
                                         
                            
  

 
 AGENT INFORMATION 

Agent Full Name:
                                         
                                         
                                         
                                         
                     
 Agent ID Number:
                                         
               Florida Agent License Number:
                                         
                                  

Phone Number:
                                         
                    Email Address (Optional):
                                         
                                         

 F Signature:
X                                       
                                         
                                         
                                         
                         
 ARIA-ENROLL 81603544 08/11 
 Page 3 of 3Employment Agreement

 Exhibit 10.1 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 This Agreement is made as of the latest
date indicated below between Mastech, Inc., a Pennsylvania corporation (hereinafter called the “Company”), Mastech Holdings, Inc. a Pennsylvania corporation (hereinafter called “Parent”) and the undersigned employee, D. Kevin
Horner (hereinafter called the “Executive”). 
 WHEREAS, this Agreement is a term and condition of Executive’s
employment and is made in consideration for employment, wages and benefits offered to Executive contemporaneously with this Agreement; and 
 WHEREAS, this Agreement is necessary for the protection of the legitimate and protectable business interests of Company and its Affiliates (as hereinafter defined) in their customers, prospective
customers, accounts and confidential, proprietary and trade secret information. 
 NOW THEREFORE, for the consideration set
forth herein, the receipt and sufficiency of which are acknowledged by the parties, and intending to be legally bound hereby, Company and Executive agree as follows: 
 1. DEFINITIONS. As used herein: 
 (a) “Affiliate” shall mean and
include Parent and any corporation, trade or business which is, as of the date of this Agreement, with Company, part of a group of corporations, trades or businesses connected through common ownership with Parent, where more than 50% of the stock or
other equity interests of each member of the group (other than Parent) are owned, directly or indirectly, by one or more other members of the group. 
 (b) “Change of Control” shall mean (i) the consummation of a reorganization, merger or consolidation or similar form of corporate transaction, involving the Company or any of its
Subsidiaries (a “Business Combination”), in each case, with respect to which all or substantially all of the individuals and entities who were the respective beneficial owners of the outstanding common stock immediately prior to such
Business Combination do not, immediately following such Business Combination, beneficially own, directly or indirectly, more than 50% of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding
voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination or (ii) the complete liquidation or dissolution of the Company or sale or other
disposition of all or substantially all of the assets of the Company other than to a corporation with respect to which, following such sale or disposition, more than 50% of, respectively, the then outstanding shares of common stock and the combined
voting power of the then outstanding voting securities entitled to vote generally in the election of directors is then owned beneficially, directly or indirectly, by all or substantially all of the individuals and entities who were the beneficial
owners, respectively, of the common stock of the Company immediately prior to such sale or disposition. 

  
 (Initial
DKH)                     

 (c) “Confidential Information” shall include, but is not necessarily limited to,
any information which may include, in whole or part, information concerning Company’s and its Affiliates’ accounts, sales, sales volume, sales methods, sales proposals, customers or prospective customers, prospect lists, manuals, formulae,
products, processes, methods, financial information or data, compositions, ideas, improvements, inventions, research, computer programs, computer related information or data, system documentation, software products, patented products, copyrighted
information, know how and operating methods and any other trade secret or proprietary information belonging to Company or any Affiliate or relating to Company’s or any Affiliate’s affairs that is not public information. 

(d) “Customer(s)” shall mean any individual, corporation, partnership, business or other entity, whether for-profit or
not-for-profit (i) whose existence and business is known to Executive as a result of Executive’s access to Company’s and its Affiliates’ business information, Confidential Information, customer lists or customer account
information; (ii) that is a business entity or individual with whom Company or any Affiliate has contracted or negotiated during the one (1) year period preceding the termination of Executive’s employment; or (iii) who is or
becomes a prospective client, customer or acquisition candidate of Company or any Affiliate during the period of Executive’s employment. 
 (e) “Competing Business” shall mean any individual, corporation, partnership, business or other entity which operates or attempts to operate a business which provides, designs, develops,
markets, engages in, produces or sells any products, services, or businesses which are the same or similar to those produced, marketed, invested in or sold by Company or any Affiliate. 

(f) “Parent” shall mean Mastech Holdings, Inc. or any successor. 

2. DUTIES. Executive, who is employed in the position set forth on Schedule A hereof as of the date of this Agreement, agrees to
be responsible for such duties as are commensurate with and required by such position and any other duties as may be assigned to Executive by Company from time to time. Executive further agrees to perform Executive’s duties in a diligent,
trustworthy, loyal, businesslike, productive, and efficient manner and to use Executive’s best efforts to advance the business and goodwill of Company and its Affiliates. Executive further agrees to devote all of Executive’s business time,
skill, energy and attention exclusively to the business of Company and to comply with all rules, regulations and procedures of Company. During the term of this Agreement, Executive will not engage in any other business for Executive’s own
account or accept any employment from any other business entity, or render any services, give any advice or serve in a consulting capacity, whether gratuitously or otherwise, to or for any other person, firm or corporation, other than as a volunteer
for charitable organizations, without the prior written approval of Company, which shall not be unreasonably withheld. Executive’s duties shall be performed at Company’s offices in Pittsburgh, Pennsylvania, reasonable periods of business
travel excepted. 
 3. COMPENSATION. Executive’s compensation as of the date of this Agreement is as set forth on
Schedule A hereto. Company shall be entitled to withhold from any payments to Executive pursuant to the provisions of this Agreement any amounts required by any applicable taxing or other authority, or any amounts payable by Executive to Company or
any Affiliate (including, without limitation, repayment of any amount loaned to Executive by Company or any Affiliate). 

  

									
		 	-2-	 		 	(Initial DKH)	 	

 4. BENEFITS. Executive is eligible for the standard Company benefits, which may be
modified by Company at any time or from time to time in accordance with the terms of Company’s applicable benefit plans and policies. Executive shall also be entitled to reimbursement of business-related expenses in accordance with
Company’s standard policies concerning reimbursement of such expenses. 
 5. POLICIES AND PRACTICES. Executive
agrees to abide by all Company rules, regulations, policies, practices and procedures, of which he shall be given notice by Company, which Company may amend from time to time. 
 6. AGREEMENT NOT TO COMPETE. In order to protect the business interests and good will of Company and its Affiliates with respect to Customers and accounts, and to protect Confidential Information,
Executive covenants and agrees that for the entire period of time that this Agreement remains in effect, and for a period of one (1) year after termination of Executive’s employment for any reason, Executive will not: 

(a) directly or indirectly contact any Customer for the purpose of soliciting such Customer to purchase, lease or license a product or
service that is the same as, similar to, or in competition with those products and/or services made, rendered, offered or under development by Company or any Affiliate; 
 (b) directly or indirectly employ, or knowingly permit any company or business directly or indirectly controlled by Executive to employ any person who is employed by Company or any Affiliate at any time
during the term of this Agreement, or in any manner facilitate the leaving of any such person from his or her employment with Company or any Affiliate; 
 (c) directly or indirectly interfere with or attempt to disrupt the relationship, contractual or otherwise, between Company or any Affiliate and any of its employees or solicit, induce, or attempt to
induce employees of Company or any Affiliate to terminate employment with Company or Affiliate and become self-employed or employed with others in the same or similar business or any product line or service provided by Company or any Affiliate; or

 (d) directly or indirectly engage in any activity or business as a consultant, independent contractor, agent, employee,
officer, partner, director or otherwise, alone or in association with any other person, corporation or other entity, in any Competing Business operating within the United States or any other country; provided, however, that the provisions of this
Paragraph 6(d) shall not apply in the event that the Executive’s employment is terminated prior to the six-month anniversary of Executive’s hire date with the Company for any reason other than a termination by the Company with Cause (as
defined below). 
 Executive acknowledges that Company and its Affiliates are engaged in business throughout the United States,
as well as in other countries and that the marketplace for Company’s and its Affiliates’ products and services is worldwide. Executive further covenants and agrees that the geographic, length of term and types of activities restrictions

  

									
		 	-3-	 		 	(Initial DKH)	 	

 
(non-competition restrictions) contained in this Agreement are reasonable and necessary to protect the legitimate business interests of Company and its Affiliates because of the scope of
Company’s and the Affiliates’ businesses. 
 In the event that a court of competent jurisdiction shall determine that
one or more of the provisions of this Paragraph 6 is so broad as to be unenforceable, then such provision shall be deemed to be reduced in scope or length, as the case may be, to the extent required to make this Paragraph enforceable. If the
Executive violates the provisions of this Paragraph 6, the periods described therein shall be extended by that number of days which equals the aggregate of all days during which at any time any such violations occurred. Executive acknowledges that
the offer of employment by Company, or any other consideration offered for signing this agreement, is sufficient consideration for Executive’s agreement to the restrictive covenants set forth in this Paragraph 6, and that each Affiliate is an
intended third-party beneficiary of such covenants with a separate and independent right to enforce the same. Executive agrees that Executive’s signing of an Employment Agreement containing the restrictive covenants set forth herein was a
condition precedent to Executive’s continued employment with Company. 
 7. NONDISCLOSURE AND NONUSE OF CONFIDENTIAL
INFORMATION. The Executive covenants and agrees during Executive’s employment or any time after the termination of such employment, not to communicate or divulge to any person, firm, corporation or business entity, either directly or
indirectly, and to hold in strict confidence for the benefit of Company, all Confidential Information except that Executive may disclose such Information to persons, firms or corporations who need to know such Information during the course and
within the scope of Executive’s employment. Executive will not use any Confidential Information for any purpose or for Executive’s personal benefit other than in the course and within the scope of Executive’s employment. Executive
agrees to sign and abide by the terms and conditions of Company’s Confidential Information and Intellectual Property Protection Agreement, a copy of which is attached hereto as Schedule B and incorporated as though fully set forth herein.

 8. TERMINATION. This Agreement may be terminated by either party with or without cause under the following conditions:

 (a) With Cause Termination. Executive may be terminated from employment with “Cause.” “Cause”
shall mean (i) the commission of a crime involving moral turpitude, theft, fraud or deceit; (ii) conduct which brings Company or any Affiliate into public disgrace or disrepute and that is demonstrably and materially injurious to the
business interest of the Company or any Affiliate, (iii) substantial or continued unwillingness to perform duties as reasonably directed by Executive’s supervisors or Company’s Board of Directors; (iv) gross negligence or
deliberate misconduct; or (v) any material breach of paragraph 6 or 7 of this Agreement, or Executive’s Confidential Information and Intellectual Property Protection Agreement. In the event that Executive is terminated with Cause, Company
may immediately cease payment of any further wages, benefits or other compensation hereunder other than salary and benefits (excluding options) earned through the date of termination. Executive acknowledges that Executive has continuing obligations
under this Agreement including, but not limited to Paragraphs 6 and 7, in the event that Executive is terminated with Cause. 

  

									
		 	-4-	 		 	(Initial DKH)	 	

 (b) Without Cause; Resignation. In the event that Executive’s employment is
terminated by Company without Cause or Executive resigns for Good Reason (as defined below) or at the direction of the Company’s or Parent’s Board of Directors, Executive will be entitled to the following. 

(1) A number of months set forth below (the “Severance Period”) of Executive’s last monthly base salary as
set forth in Attachment A less appropriate deductions, payable following Executive’s termination of employment in accordance with the Company’s regular payroll practices (“Severance Pay”). 

 

	 	a.	Three (3) months, if termination occurs prior to the six-month anniversary of Executive’s hire date with the Company. 

 

	 	b.	Twelve (12) months, if termination occurs on or after the six-month anniversary of Executive’s hire date with the Company. 

Executive shall not be eligible to participate in the Company’s generally applicable severance policy
(“Severance Policy”), except as provided in (2) below. Severance Pay shall be payable under this Agreement and will be treated as paid in satisfaction of the Severance Policy as in effect from time to time to the extent of
Executive’s entitlement to payments under the Severance Policy, provided that to the extent the Severance Pay to be received by Executive during the first six (6) months after termination of employment, together with all other taxable
severance payments received during that six (6)-month period (determined under Internal Revenue Code §409A and including the payments under paragraph (4) below if required), exceeds the maximum amount of severance pay permitted to be paid
to a “specified employee” under Internal Revenue Code §409A, the excess Severance Pay shall be paid instead in a single lump sum on the first business day after the end of the six (6)- month period. 

(2) Continued coverage under Company’s employee benefit plans (other than 401(k) or pension benefit coverage) after
termination of employment for Executive and his eligible dependents, as and when provided under the Severance Policy, and subject to the payment of applicable premiums or other costs, all in accordance with the terms of the Severance Policy and the
applicable benefit plans (including, without limitation, cessation of such benefits due to receiving similar benefit coverage from a new employer) with such modifications as are necessary to comply with federal COBRA requirements. 

(3) For the Severance Period, continued vesting in unvested stock options outstanding as of such termination date and
granted under the Company’s Stock Incentive Plan (the “Stock Plan”), or any successor thereto (the “Options”). 
 (4) The exercise period for a vested Option, including those which vest pursuant to (3) above, will be extended for a period equal to the Severance Period, but not later than the earlier of
(i) the original expiration date of such Option or (ii) ten (10) years from the date of grant. 

  

									
		 	-5-	 		 	(Initial DKH)	 	

 Executive further acknowledges that the Company’s obligations under this
Section 8(b), are contingent upon and subject to Executive’s signing (and not revoking) an agreement and release of all claims against Company in the form attached hereto as Schedule D (or such other form acceptable to Company).

 (c) Good Reason. Termination for Good reason shall mean the Executive’s voluntary termination of employment by
written notice within 60 days following any material breach by the Company of this Agreement without Executive’s consent; provided, however, that notwithstanding the foregoing, the Company will have 30 days after receiving Executive’s
written notice of the existence of a condition constituting Good Reason to correct the condition. If the Company fails to correct such condition within such 30 day period, then Executive may terminate his employment following the end of the period.

 9. TERM. Executive’s employment shall continue from year to year or until such employment is terminated in
accordance with the provisions of Paragraph 8. Executive acknowledges and agrees that nothing herein guarantees Executive continued employment by Company for any specified or intended term, and that his employment may be terminated by Company at any
time. 
 10. EQUITABLE RELIEF; FEES AND EXPENSES. Executive stipulates and agrees that any breach of this Agreement by
Executive will result in immediate and irreparable harm to Company and its Affiliates, the amount of which will be extremely difficult to ascertain, and that Company and its Affiliates could not be reasonably or adequately compensated by damages in
an action at law. For these reasons, Company and its Affiliates shall have the right to obtain such preliminary, temporary or permanent injunctions or restraining orders or decrees as may be necessary to protect Company or any Affiliate against, or
on account of, any breach by Executive of the provisions of this Agreement without the need to post bond. Such right to equitable relief is in addition to all other legal remedies Company or any Affiliate may have to protect its rights. The
prevailing party in any such action shall be responsible for reimbursing the non-prevailing party for all costs associated with obtaining the relief, including reasonable attorneys’ fees, and expenses and costs of suit. Executive further
covenants and agrees that any order of court or judgment obtained by Company or an Affiliate which enforces Company’s or Affiliate’s rights under this Agreement may be transferred, without objection or opposition by Executive, to any court
of law or other appropriate law enforcement body located in any other state in the U.S.A. or any other country in the world where Company or such Affiliate does business, and that said court or body shall give full force and effect to said order and
or judgment. 
 11. EMPLOYMENT DISPUTE SETTLEMENT PROCEDURE-WAIVER OF RIGHTS. In consideration of Company employing
Executive and the wages and benefits provided under this Agreement, Executive and Company each agree that, in the event either party (or its representatives, successors or assigns) brings an action in a court of competent jurisdiction relating to
Executive’s recruitment, employment with, or termination of employment from Company, the plaintiff in such action agrees to waive his, her or its right to a trial by jury, and further agrees that no demand, request or motion will be made for
trial by jury. 

  

									
		 	-6-	 		 	(Initial DKH)	 	

 In consideration of Company employing Executive, and the wages and benefits provided under
this Agreement, Executive further agrees that, in the event that Executive seeks relief in a court of competent jurisdiction for a dispute covered by this Agreement, Company may, at any time within 60 days of the service of Executive’s
complaint upon Company, at its option, require all or part of the dispute to be arbitrated by one arbitrator in accordance with the rules of the American Arbitration Association. Executive agrees that the option to arbitrate any dispute is governed
by the Federal Arbitration Act, and is fully enforceable. Executive understands and agrees that, if Company exercises its option, any dispute arbitrated will be heard solely by the arbitrator, and not by a court. The parties agree that the
prevailing party shall be entitled to have all of their legal fees paid by the non-prevailing party. This pre-dispute resolution agreement will cover all matters directly or indirectly related to Executive’s recruitment, employment or
termination of employment by Company; including, but not limited to, claims involving laws against any form of discrimination whether brought under federal and/or state law, and/or claims involving co-employees, but excluding Worker’s
Compensation Claims. 
 THE RIGHT TO A TRIAL, AND TO A TRIAL BY JURY, IS OF VALUE. YOU MAY WISH TO CONSULT AN ATTORNEY
PRIOR TO SIGNING THIS AGREEMENT. IF SO, TAKE A COPY OF THIS AGREEMENT WITH YOU. HOWEVER, YOU WILL NOT BE OFFERED EMPLOYMENT UNDER THIS AGREEMENT UNTIL THIS AGREEMENT IS SIGNED AND RETURNED BY YOU. 

12. AMENDMENTS. No supplement, modification, amendment or waiver of the terms of this Agreement shall be binding on the parties
hereto unless executed in writing by the party to be bound thereby. No waiver of any of the provisions of this Agreement shall be deemed to or shall constitute a waiver of any other provisions hereof (whether or not similar), nor shall such waiver
constitute a continuing waiver unless otherwise expressly provided. Any failure to insist upon strict compliance with any of the terms and conditions of this Agreement shall not be deemed a waiver of any such terms or conditions. 

13. ACKNOWLEDGMENTS OF EXECUTIVE. Executive hereby acknowledges and agrees that: (a) this Agreement is necessary for the
protection of the legitimate business interests of Company and its Affiliates; (b) the restrictions contained in this Agreement may be enforced in a court of law whether or not Executive is terminated with or without cause or for performance
related reasons; (c) Executive has no intention of competing with Company and its Affiliates within the limitations set forth above; (d) Executive has received adequate and valuable consideration for entering into this Agreement;
(e) Executive’s covenants shall be construed as independent of any other provision in this Agreement and the existence of any claim or cause of action Executive may have against Company or any Affiliate, whether predicated on this
Agreement or not, shall not constitute a defense to the enforcement by Company or an Affiliate of these covenants; and (f) the execution and delivery of this Agreement is a mandatory condition precedent to the Executive’s receipt of the
consideration provided herein. 
 14. FULL UNDERSTANDING. Executive acknowledges that Executive has been afforded the
opportunity to seek legal counsel, that Executive has carefully read and fully understands all of the provisions of this Agreement and that Executive, in consideration for the compensation set forth herein, is voluntarily entering into this
Agreement. 

  

									
		 	-7-	 		 	(Initial DKH)	 	

 15. ENTIRE AGREEMENT. This Agreement supersedes all prior agreements, written or
oral, between Company or Affiliates and Executive concerning the subject matter hereof. 
 16. SEVERABILITY. Whenever
possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such
invalid, illegal or unenforceable provision had never been contained herein. The restrictive covenants stated herein may be read as if separate and apart from this Agreement and shall survive the termination of Executive’s employment with
Company for any reason. 

  

									
		 	-8-	 		 	(Initial DKH)	 	

 17. OTHER AGREEMENTS. Executive represents and warrants that Executive is not a party
to or otherwise subject to or bound by the terms of any contract, agreements or understandings that would affect Executive’s right or abilities to perform under this Agreement. Executive specifically represents that Executive will not use any
confidential information obtained from Executive’s prior employer(s) in the performance of Executive’s duties herein and is not subject to any other restrictive covenants or non-competition agreements. 

18. CHOICE OF LAW, JURISDICTION AND VENUE. The parties agree that this Agreement shall be deemed to have been made and entered
into in Allegheny County, Pennsylvania and that the Law of the Commonwealth of Pennsylvania shall govern this Agreement, without regard to conflict of laws principles. Jurisdiction and venue is exclusively limited in any proceeding by Company or an
Affiliate or Executive to enforce their rights hereunder to any court or arbitrator geographically located in Allegheny County, Pennsylvania. The Executive hereby waives any objections to the jurisdiction and venue of the courts in or for Allegheny
County, Pennsylvania, including any objection to personal jurisdiction, venue, and/or forum non-conveniens, in any proceeding by Company or any Affiliate to enforce its rights hereunder filed in or for Allegheny County, Pennsylvania. Executive
agrees not to object to any petition filed by Company or an Affiliate to remove an action filed by Executive from a forum or court not located in Allegheny County, Pennsylvania. 

19. SUCCESSORS IN INTEREST. This Agreement shall be binding upon and shall inure to the benefit of the successors, assigns, heirs
and legal representatives of the parties hereto. Parent and Company shall each require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of its business and/or assets to assume
expressly and agree to perform this Agreement in the same manner and to the same extent that Parent or Company, as the case may be, would be required to perform it if no such succession had taken place, and Executive agrees to be obligated by this
Agreement to any successor, assign or surviving entity. As used in this Agreement, “Parent” shall mean Parent as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this
Agreement by operation of law, or otherwise and “Company” shall mean Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or
otherwise. Any successor to Company is an intended third party beneficiary of this Agreement. Executive may not assign this Agreement otherwise than by will or the laws of decent and distribution. 

  

									
		 	-9-	 		 	(Initial DKH)	 	

 20. NOTICES. All notices, requests, demands or other communications by the terms
hereof required or permitted to be given by one party to the other shall be given in writing by personal delivery or by registered mail, postage prepaid, addressed to such other party or delivered to such other party as follows: 

 

	 	(a)	to Company at: 

 Company’s
last known address 
 Attention:         President or Chairman of the Board 

 

	 	(b)	to the Executive at: 

Executive’s last known address 
 Attention: Executive 
 or at such other address as may be given by either of them to the other in
writing from time to time, and such notices, requests, demands, acceptances or other communications shall be deemed to have been received when delivered or, if mailed, three (3) Business Days after the day of mailing thereof; provided that if
any such notice, request, demand or other communication shall have been mailed and if regular mail service shall be interrupted by strikes or other irregularities, such notices, requests, demands or other communications shall be deemed to have been
received when delivered or, if mailed, three (3) Business Days from the day of the resumption of normal mail service. 

21. COUNTERPARTS; TELECOPY. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of
which together will constitute one and the same instrument. Delivery of executed signature pages by facsimile transmission will constitute effective and binding execution and delivery of this Agreement. 

22. HEADINGS. The headings used in this Agreement are for convenience only and are not to be considered in construing or
interpreting this Agreement. 
 23. DRAFTER PROVISION. The parties agree that they have both had the opportunity to
review and negotiate this Agreement, and that any inconsistency or dispute related to the interpretation of any of the provisions of this Agreement shall not be construed against either party. 

  

									
		 	-10-	 		 	(Initial DKH)	 	

 24. SURVIVABILITY. The terms of this Agreement survive the termination of
Executive’s employment with Company for any reason. 
 I ACKNOWLEDGE THAT I HAVE CAREFULLY READ AND FULLY UNDERSTAND ALL
OF THE PROVISIONS OF THIS AGREEMENT AND THAT I AM VOLUNTARILY ENTERING INTO THIS AGREEMENT. 
  

									
	MASTECH,
INC.                                 :	 		 	EXECUTIVE:
				
	By:	 	 /s/ John J. Cronin, Jr.
	 		 	 /s/ D. Kevin Horner

		 		 		 	D. Kevin Horner
					
	Date:	 	 October 10, 2011
	 		 	Date:	 	 October 10, 2011

					
	Witness:	 	 /s/ Donna Mascia
	 		 	Witness:	 	 /s/ Donna Mascia

					
	Date:	 	 October 10, 2011
	 		 	Date:	 	 October 10, 2011

  

			
	MASTECH HOLDINGS, INC.
		
	By:	 	 /s/ John J. Cronin, Jr.

		
	Date:	 	 October 10, 2011

		
	Witness:	 	 /s/ Donna Mascia

		
	Date:	 	 October 10, 2011

  

									
		 	-11-	 		 	(Initial DKH)	 	

 Schedule A 
 1. Position: Chief Executive Officer and President of Parent and the Company. Executive shall report in such capacity to the Parent’s Board of Directors. Executive shall also be a member of
Parent’s and the Company’s Boards of Directors. 
 2. Base Salary: $350,000 annually through December 31, 2012 payable in
accordance with the Company’s regular payroll practices. Thereafter, Executive’s base salary shall be determined in good faith by the Company. 
 3. Bonus: Executive will be entitled to an annual performance-base cash bonus of $150,000, for the achievement of certain financial and operational targets. These targets, and the bonus dollars
tied to such targets, will be determined and communicated to Executive by the Compensation Committee of the Board of Directors on an annual basis. For the 2011 calendar year, the bonus will be guaranteed and prorated based on the time remaining in
the year following commencement of employment. For subsequent years, the bonus will be based on the following performance measures: 
 a. Consolidated Revenue; 
 b. Consolidated Earnings Per Share; and 

c. Subjective items to be determined. 
 Should the Company fail to achieve the target amount for the above performance measures, Executive’s annual performance-based bonus, if any, shall be based upon the Company’s evaluation of the
percentage of the target amount achieved during the year. Conversely, should the Company performance exceed the target amount for the above performance measures, the Executive’s annual performance-based bonus may exceed the bonus amount stated
above, based upon the Company’s evaluation of the percentage of the over-achievement of such amount(s). All bonuses will be paid by February 15, following the completion of the Company’s year-end audit. 

4. Benefits: Executive is eligible for standard company benefits in the same manner as other executives of the Company. 

5. Expenses: The Company will reimburse all properly documented expenses reasonably related to Executive’s performance of Executive’s
duties hereunder. 

  

 6. Stock Options: Executive shall receive 200,000 non-qualified stock options pursuant to the
Parent’s Stock Incentive Plan and the Executive’s Stock Option Agreement. Such stock options will vest 25% (50,000 options) per year on each anniversary of the grant date, as more fully described in the Executive’s Stock Option
Agreement. 
  

									
	BY:	 	 /s/    John J. Cronin, Jr.
	 		 	BY:	 	 /s/    D. Kevin Horner

	                    Company / Date	 		 	                    Executive / Date

  

									
		 	-2-	 		 	(Initial DKH)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00195-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00195-of-00352.parquet"}]]