Document:

Exhibit 10.1

    Exhibit
      10.1

    

    EMPLOYMENT
      AGREEMENT

    

    AGREEMENT
      dated as of March 6, 2007, between MOHEN INC., d/b/a SpiralFrog, a Delaware
      corporation (the “Corporation”), and MEL SCHRIEBERG (the
“Executive”).

    

    WHEREAS,
      it is important to the Corporation that it have the benefit of the Executive’s
      services, experience and loyalty, and the Executive has indicated his
      willingness to provide his services on the terms and conditions set forth
      herein.

    

    NOW,
      THEREFORE, in consideration of the premises and the mutual covenants herein
      contained, the parties, subject to the terms and conditions set forth below,
      intending to be legally bound, agree as follows:

    

    1. Employment
      Term.
      (a) The
      Corporation agrees to employ the Executive, and the Executive agrees to be
      so
      employed, of the period commencing on the date hereof and ending on the third
      anniversary of the date hereof or on such later date to which the employment
      by
      the Corporation of the Executive may be extended as provided in Section 1(b)
      hereof (the “Term”), subject to earlier termination as provided
      herein.

    

    (b)
      If
      neither party gives to the other party notice of non-renewal on or before ninety
      (90) days prior to the third anniversary hereof, the Term shall continue from
      the third anniversary hereof for successive one year periods thereafter unless
      either party gives notice of non-renewal not less than ninety (90) days prior
      to
      the next succeeding expiration date hereunder.

    

    2. Duties
      and Responsibilities.
      (a) The
      Executive shall be employed as the Chief executive Officer of the Corporation
      and will have full authority and responsibility for the management and
      operations of the Corporation commensurate with such positions, subject to
      the
      supervision of the Board of Directors of the Corporation (the
“Board”).

    

    (b)
      During the Term, the Executive shall devote substantially all of his business
      time, energy and skill to the business and affairs of the Corporation, and
      not
      engage in any activities which would detract from the proper performance of
      his
      duties hereunder.

    

    (c)
      Notwithstanding anything to the contrary contained herein, the Executive may
      (i)
      engage in civic and political activities and (ii) serve on the board of
      directors of any non-Affiliate corporation or organization.

    

    3. Compensation
      and Other Benefits.

    

    (a)
      Base
      Salary.
      Prior
      to the company receiving financing and revenues the base salary shall be zero.
      After the receipt of financing and revenues, the Company shall pay the Executive
      Base Salary and incentive compensation as provided in Section 3(b),
      below.

    

    
      
        
        

      

      
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    (b)
      During the Term, for services hereunder the Executive shall receive a base
      salary as follows: Prior to the Company receiving United States-based revenue
      (not including Canada-based revenue), a base salary of One Hundred Ninety-Eight
      Thousand Dollars ($198,000); after the Company launches its music services
      and
      is receiving United States-based revenues (not including Canada-based revenue),
      a base salary of two hundred sixty-five thousand dollars ($265,000) per annum
      will go into effect, upon the company having a cash flow positive run rate
      then
      the executives base salary will be $350,000. The Company shall pay the Executive
      incentive compensation at an annual rate of fifty percent (50%) of base salary
      in each of the three stair-stepped scenarios’ and the company’s compensation
      committee will determine the criteria. All incentive compensation shall be
      payable quarterly on the first day of each calendar quarter. Furthermore, such
      base salary and incentive compensation shall be payable in accordance with
      the
      Corporation’s policies relation to payment of salary and incentive compensation
      from time to time in effect, subject to the terms and conditions of Section
      3(b)
      hereof. This base salary will be subject to an annual performance review with
      a
      minimum increase by no less than eight percent (8%) per annum, or such greater
      amount as shall be determined by the compensation committee of the Board (the
      “Compensation Committee”).

    

    (c)
      Benefits.
      The
      Executive shall be entitled during the Term to benefits as follows:

    

    (i) The
      Executive shall be entitled to receive twenty (20) days paid vacation for each
      twelve (12) month period during the Term. Unused vacation time shall be carried
      forward during the Term; provided, however, that the Executive shall not take
      more than three consecutive weeks of vacation at any time or during any
      month.

    

    (ii) The
      Corporation shall reimburse the Executive for (A) the lease of an automobile
      to
      be selected by the Executive (or the Corporation shall pay to the Executive
      a
      monthly automobile allowance, at the Executive’s option), at an amount which
      shall not exceed one thousand dollars ($1,000) monthly, and will adhere to
      the
      IRS regulation (B) any expenses associated with the lease or use of such
      automobile including taxes, insurance, tolls, gasoline, parking garage and
      repairs subject to the presentation by the Executive of appropriate receipts
      or
      other satisfactory evidence in accordance with the Corporation’s reimbursement
      policy.

    

    (iii) The
      Corporation shall reimburse the Executive for his monthly cellular, home
      internet and telephone services.

    

    (iv) The
      Corporation shall reimburse the Executive for reasonable and necessary expenses
      related to the Executive’s performance of his duties under this Agreement,
      including travel, hotel, and other expenses relating to the performance of
      his
      duties hereunder, upon submission of detailed vouchers therefore in accordance
      with the Corporation’s standard practices as in effect from time to
      time.

    

    (v) The
      Executive shall be entitled to participate in all employee benefit plans,
      programs, and arrangements of the Corporation, which shall include medical,
      dental and vision plans, now or hereafter made available to senior executives
      of
      the Corporation on a basis which is no less favorable than is made available
      to
      any other senior executive of the Corporation. To the extent not covered under
      the Corporation’s medical plan, the Corporation shall reimburse the Executive
      for the cost of an annual physical examination.

    

    
      
        
        

      

      
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    (vi) The
      Corporation will use its best efforts to purchase, at its expense, a disability
      policy upon reasonable and customary terms that insures against disability
      (as
      defined in such policy) and, if commercially reasonable, pays seventy percent
      (70%) of the Base Salary upon the terms set forth in such policy.

     

    (vii) Once
      the
      Corporation becomes cash flow positive, the following benefits shall be
      paid:

    

    (1)
      The
      Corporation shall reimburse the Executive for premiums for life insurance on
      the
      life of the Executive of the benefit of the Executive’s estate with a minimum
      death benefit of two million dollars ($2,000,000).

    

    (2)
      The
      Corporation will reimburse the Executive for premiums for long-term care
      coverage.

    

    (d)
      Incentive.
      The
      Executive became the Chief Executive Officer of the Corporation on December
      29,
      2006 and received a grant on January 11, 2007 of one million (1,000,000) shares
      of Mohen Inc. Restricted Common Stock, subject to a vesting schedule commencing
      on December 29, 2006. If the corporation goes public by registering any of
      its
      shares with the Securities and Exchange Commission or foreign equivalent, then
      one half of the Executive’s Restricted Common Stock which is not yet vested will
      immediately vest.

    

    4. Termination.
      (a) (i)
      The Corporation shall have the right to terminate this Agreement and the
      Executive’s employment for cause. As used herein, “cause” shall mean (A) the
      Executive’s alcohol or other substance abuse which materially and adversely
      affects the continuing performance of his duties hereunder, (B) the Executive’s
      violation of the provisions of Section 6 hereof, (C) the Executive’s indictment
      for or conviction of an act of fraud or theft, or his willful malfeasance,
      (D)
      the Executive’s Indictment for or conviction of (or his plea of nolo contendere
      to) any
      felony, and/or (E) his material breach of the terms hereof (including his
      termination of this Agreement during the Term hereof except as provided in
      Sections 4(b), 4(c), or 4(d) hereof), except as otherwise addressed in clause
      (B) hereof.

    

    (ii) A
      majority of the members of the Board, excluding the Executive, may make a
      preliminary determination that “cause” exists at any time, and thereupon
      immediately suspend the duties of the Executive and the payment of his Base
      Salary hereunder. Within thirty (30) days from such time as the Corporation
      provides the Executive written notification, in accordance with Section 7
      hereof, that the Corporation is considering terminating this Agreement “for
      cause” (the “Cause Notice”), the Executive may present to the Board his view of
      the relevant facts and circumstances. The final determination as to whether
      to
      terminate the Executive “for cause” shall require the affirmative vote of a
      majority of the members of the Board, excluding the Executive, and shall be
      made
      within such time as the earlier of (a) twenty-five (25) days after the
      Executive’s presentation of his views to the Board or (b) fifty-five (55) days
      from such time at the Corporation provides the Executive with the Cause Notice.
      If the Board does not vote to terminate the Executive “for cause” within such
      time, the Executive shall be reinstated to his position and shall be paid his
      Base Salary, retroactive to the date of suspension as if such suspension had
      never occurred, and shall resume his duties.

    

    
      
        
        

      

      
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    (iii) Subject
      to the provision of Section 4(a)(ii), if this Agreement is terminated for cause,
      then this Agreement shall terminate on the date fixed by the Board.

    

    (iv) In
      the
      event that the Corporation shall terminate this Agreement for cause, the
      Corporation shall have no further obligations hereunder for any period
      subsequent to the date of termination, except as required by law.

    

    (b)
      The
      Executive shall have the right to terminate the Term and his employment
      hereunder at any time immediately by written notice to the Corporation for
      good
      reason; however, if subject to cure, the Corporation shall have an opportunity
      to so cure for a period of twenty (20) days from the delivery thereof. If no
      cure has been made by the Corporation in such 20-day period, the notice of
      termination shall be effective at the expiration thereof. As used herein, “good
      reason” shall mean (i) the Corporation’s material breach of the terms of this
      Agreement, (ii) a meaningful and detrimental alteration in the Executive’s
      position or in the nature or status of his responsibilities without his consent,
      so that he is no longer the most senior executive officer of the Corporation,
      (iii) the relocation of the office of the Corporation outside the New York
      metropolitan area, or (iv) a Change of Control of the Corporation, if upon
      such
      Change of Control, the Executive is not offered or does not accept, in his
      sole
      discretion, an offer of employment with the successor of the Corporation.
“Change of Control” as used herein shall be deemed to occur if (A) the
      Corporation merges or consolidates into or with another corporation (except
      in
      the case of a reverse merger, or one in which the holders of capital stock
      of
      the Corporation immediately prior to such merger or consolidation continue
      to
      hold at least a majority of the voting power of the capital stock of the
      surviving corporation, or one in which the executive remains CEO of the
      resultant entity), (B) the Corporation sells all or substantially all of the
      assets of the Corporation in a single transaction or a series of related
      transactions, or (C) the occurrence of an event in which any “person,” as such
      term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of
      1934,
      as amended (the “Exchange Act”), is or becomes the “beneficial owner” (as
      defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of
      securities of the Corporation representing fifty percent (50%) or more of the
      combined voting power of the Corporation’s then outstanding
      securities.

    

    (c)
      This
      Agreement shall terminate upon written notice by the Corporation to the
      Executive if during the Term the Executive shall become Permanently Disabled.
      “Permanently Disabled” shall mean the inability of the Executive to
      substantially perform the services that the Executive is required to perform
      pursuant to this Agreement due to physical or mental disability which continues
      for one hundred eighty (180) days in the aggregate in any 365-day period.
      Evidence of such disability shall be certified by a physician reasonably
      acceptable to both the Executive and the Corporation. The Executive shall be
      entitled to receive, subject to Section 12 below, (i) any Base Salary owed
      through the date of termination, (ii) any Bonuses to which the Executive would
      have been entitled had he remained employed for the entire calendar year in
      which the Executive’s employment was terminated, pro rated through the date of
      termination, (iii) reimbursement of any business expenses incurred and unpaid
      prior to termination, (iv) all health, dental and life insurance benefits
      provided for under this Agreement maintained for a period of one year from
      the
      date of termination, (v) all earned but unpaid Bonus amounts payable as set
      forth in Section 3(c), and (vi) all disability benefits payable under the
      applicable disability policy.

    

    
      
        
        

      

      
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    (d)
      If
      the Executive dies prior to the expiration of the Term, this Agreement shall
      terminate on the date of death and the Executive’s beneficiary, designee, or
      estate shall be entitled to receive (i) any Base Salary owed through the date
      of
      death, (ii) all earned by unpaid Bonus amounts, (iii) any Bonuses to which
      the
      Executive would have been entitled had he remained employed for the entire
      Fiscal Year in which the Executive dies, pro rated through the date of
      termination, (iv) reimbursement for any business expenses incurred and unpaid
      prior to the Executive’s death, and (v) all health and dental benefits provided
      for under this Agreement maintained for the Executive’s family at the expense of
      the Corporation for a period of one (1) year following the date of
      death.

    

    (e)
      In
      the event that the Corporation shall terminate this Agreement other than
      pursuant to Sections 4(a), 4(c) and 4(d) above or in the event that the
      Executive shall terminate this Agreement for good reason, then the Executive
      shall be entitled, subject to Section 12 below, to an aggregate amount equal
      to
      the Base Salary and Bonus due to him hereunder for the immediately preceding
      year and for a period (the “Severance Period”) of three (3) months following
      such termination, whether or not the Term terminates during such 12-month
      period, such aggregate amount payable immediately, except that in the case
      of a
      Change of Control such aggregate amount shall be payable in a single payment
      within ten days thereof. The provisions of Sections 5(a) and 5(c) below shall
      cease to apply to the Executive at the end of the Severance Period; provided
      that, in the case of severance being paid in a single payment in connection
      with
      a Change of Control, the provisions of Section 5(a) and 5(c) shall continue
      to
      apply to the Executive for a one-year period following termination of the
      Executive’s employment, as provided in such sections (notwithstanding a shorter
      Severance Period). In addition, the Corporation shall be obligated to pay for
      the Executive’s COBRA benefits for a period of eighteen (18) months and to
      maintain all other benefits under this Agreement (excluding the payment of
      Base
      Salary and any Bonus, except as otherwise described in this paragraph (e))
      for
      such period. Furthermore, the Corporation shall pay to the Executive a
      consulting fee for transitioning to management all aspects of the Corporationy
      in the amount of twenty-five thousand dollars ($25,000) per month in each of
      the
      twelve months (12) following the Termination Date; provided,
      however, that
      no consulting fee shall be paid for any month after the date which would have
      been the end of the Term hereof (whether the Term was the initial Term of three
      years or extended under the provision of Section 1(b), above.
      All
      unvested Restricted Common Stock granted by the Corporation to, and held by,
      the
      Executive, including, without limitation, the Restricted Common Stock described
      at Section 3(d), above, shall continue to vest through the end of the period
      during which consulting fees are paid.

    

    5. Agreement
      Not to Compete; Confidentiality; Non-Solicitation.
      The
      Executive is not subject to any other non-competition agreement or provision
      and
      recognizes that the services to be performed by the Executive hereunder will
      be
      special, unique and extraordinary, and that by reason of such employment the
      Executive will acquire highly confidential information and trade secrets of
      great value to the Corporation concerning the Corporation’s operations, the use
      or disclosure of which could materially adversely affect the Corporation.
      Accordingly, it is agreed that:

    

    
      
        
        

      

      
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    (a)
      During the Term and the one-year period following termination of the Executive’s
      employment for any reason hereunder (or for a shorter Severance Period, if
      applicable, under Section 4(e)), the Executive will not, directly or indirectly,
      as an officer, director, shareholder, partner, associate, owner, employee,
      consultant or otherwise, become or be interested in or associated with (although
      the Executive may conduct activities to seek employment or see a consultancy)
      any other corporation, firm or business engaged in the same or a similar or
      competitive business with the Corporation or any Affiliate or Subsidiary in
      any
      geographical area in which the Corporation or any Affiliate or Subsidiary is
      then engaged (each, a “Competing Activity”), provided that the Executive’s
      ownership, directly or indirectly, of less than five (5%) percent of the issued
      and outstanding stock of a corporation the shares of which are regularly traded
      on a national securities exchange or in the over-the-counter market shall not,
      in any event, be deemed to be a violation of the provisions of this Section
      5(a).

    

    (b)
      Except as directed by the Corporation, the Executive shall not use or divulge
      or
      communicate to any entity or person other than authorized employees or
      representatives of the Corporation or any Affiliate or Subsidiary during the
      Term and thereafter any information acquired by the Executive concerning the
      Corporation’s or an Affiliate’s or Subsidiary’s customer lists, processes,
      costs, profits, markets, sales, products, key personnel, pricing policies,
      operational methods, concepts, applications and other business affairs and
      methods or any other of its or their trade secrets, except information which
      is
      available to the public in published literature or becomes public knowledge
      through no fault of the Executive (the “Information”). The Executive
      acknowledges that all Information the disclosure of which is prohibited hereby
      is of a confidential and proprietary character and of great value to the
      Corporation or an Affiliate or Subsidiary and all Information shall be the
      exclusive property of the Corporation or an Affiliate or Subsidiary and that
      the
      Executive will keep secret all Information and will not directly or indirectly
      use it for his own benefit or communicate, disseminate or otherwise disclose
      it
      to, or use it for the benefit of, anyone (other than may be required in
      connection with his employment by the Corporation), either during or after
      his
      employment by the Corporation. The Executive agrees and acknowledges that the
      foregoing shall not be deemed to limit or restrict the Executive’s obligations
      under any other agreement with the Corporation related to trade secrets or
      work
      products. The Executive agrees also during the Term and for an eighteen month
      period thereafter not to disclose the terms of this Agreement to any person
      other than the Executive’s immediate family, attorneys, accountants and other
      professional advisors or a prospective employer permitted hereby, except as
      otherwise required by law. The Executive further covenants and agrees
      that:

    

    (i)
      During the Term hereof and for a period of one year after the termination hereof
      (or for a shorter Severance Period, if applicable under Section 4(e)), the
      Executive will not induce or attempt to induce any officer, employee, agent,
      consultant or independent contractor who or which was such within one year
      prior
      to the termination hereof of the Corporation or any of its Affiliates or
      Subsidiaries, to discontinue such affiliation with Corporation or any such
      Affiliate or Subsidiary; and

    

    
      
        
        

      

      
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    (ii)
      During the Term hereof and for a period of one year after the termination
      hereof, the Executive will not induce or attempt to induce any office, employee,
      agent, consultant or independent contractor, supplier or customer of the
      Corporation or an Affiliate or Subsidiary (x) which had such a relationship
      with
      the Corporation or an Affiliate or Subsidiary on the date hereof and/or at
      any
      time during the one-year period thereto or (y) who becomes such after the date
      of this Agreement of the Corporation or any Affiliate or Subsidiary, to
      discontinue or reduce the extent of any employment or business relationship
      or
      to refrain from entering into new or incremental business relationships with
      the
      Corporation or any such Affiliate or Subsidiary.

    

    (c)
      The
      Corporation, in addition to any other right and remedy it may have at law or
      in
      equity related to breaches of this Agreement by the Executive, shall be entitled
      to an injunction, without the posting of any bond or other security, enjoining
      or restraining the Executive from any violation of this Section 5, and the
      Executive hereby consents to the issuance of such an injunction. This Section
      5
      shall survive the Term and any termination or expiration of this Agreement.
      The
      Executive understands that each of the agreements and covenants of the Executive
      contained in this Section 5 is an essential element of this Agreement and that
      the obligations of the Executive hereunder will survive the termination of
      this
      Agreement.

    

    (d)
      The
      time period during which the restrictions set forth in this Section 5 apply
      shall be extended by the length of time during which the Executive violates
      these restrictions in any respect.

    

    (e)
      For
      the purposes hereof, “Affiliate” of any person or entity means (i) any person or
      entity that directly or indirectly, through one or more intermediaries, controls
      such person or entity or (ii) any person or entity which is controlled by or
      is
      under common control with a controlling person, with “control” meaning
      possession, directly or indirectly, of the power to direct or cause the
      direction of the management or policies of a person or entity, whether through
      the ownership of voting securities, by contract or otherwise. “Subsidiary” means
      any corporation or other entity of which securities or other ownership interests
      having ordinary voting power to elect a majority of the board of directors
      or
      other persons performing similar functions are at the time directly or
      indirectly owned by the Corporation.

    

    6. Intellectual
      Property.
      The
      Executive acknowledges that the Executive’s responsibilities hereunder may
      include the conception, development, and refinement of certain Intellectual
      Property. The Executive hereby acknowledges and agrees that all rights and
      interests in any such Intellectual Property conceived, developed to refined,
      in
      whole or in part, by the Executive during the Executive’s employment with the
      Corporation (whether or not during usual business hours or on the premises
      of
      the Corporation or any affiliate thereof and whether or not alone or in
      conjunction with any other person) are owned exclusively by the Corporation
      and
      the Executive hereby disclaims any interest in any such Intellectual Property.
      Without limiting the generality of the foregoing, the Executive will convey
      and
      assign, as necessary, to the Corporation or its designee, the sole and exclusive
      right, title and interest in the ownership of any such Intellectual Property,
      including all right, title and interest in and to any derivative works of such
      Intellectual Property that may have been created by the Executive. If the
      Corporation is unable, after reasonable effort, to secure the signature of
      the
      Executive on any such papers, any executive officer of the Corporation shall
      be
      entitled to execute on any such papers as the agent and the attorney-in-fact
      of
      the Executive, and the Executive hereby irrevocably designates and appoints
      each
      executive officer of the Corporation as his agent and attorney-in-fact to
      execute any such papers on his behalf, and to take any and all actions as the
      Corporation may deem necessary or desirable in order to protect its rights
      and
      interests in any Intellectual Property, under the conditions described in this
      sentence.

    

    
      
        
        

      

      
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    For
      purposes hereof, “Intellectual Property” shall mean all patents, patent
      applications, trademarks and service marks, trademark and service mark
      applications, trade names, logos, domain names and other indications of origin,
      the goodwill associated with the foregoing, copyright registrations and
      applications, licenses of third party software (other than licenses of “off the
      shelf” or standard software products), proprietary software and processes,
      procedures, trade secrets, methods, know-how, confidential information,
      inventions (whether or not patentable and whether or not reduced to practice),
      drawings, specifications, designs, plans, proposals, technical data,
      copyrightable works and other proprietary technical information presently used
      or intended to be used by the Corporation in connection with its
      business.

    

    7. Notices.
      All
      communications, notices, requests, consents or demands given under this
      Agreement shall be in writing and shall be deemed to have been duly given when
      delivered by courier or overnight service, by hand or by registered or certified
      mail, first class postage prepaid, or transmitted by telecopier or
      telegram:

    

    If
      to the
      Executive, to:

    

    MEL
      SCHRIEBERG

    2077
      Center Avenue, Apt. 18A

    Fort
      Lee,
      New Jersey 07024

    

    If
      to the
      Corporation, to:

    

    MOHEN
      INC.

    SPIRAL
      FROG

    95
      Morton
      Street

    New
      York,
      New York 10014

    

    With
      a
      Copy to:

    

    Harry
      Packman, Esq.

    Hughes,
      Hubbard and Reed LLP

    One
      Battery Park Plaza

    New
      York,
      New York 10004

    or
      to
      such other address as any party shall have specified for himself, herself or
      itself from time to time to the other parties in writing. All such notices
      shall
      be conclusively deemed to be received and shall be effective, if sent by
      registered or certified mail, five (5) days after the mailing thereof, by first
      class, postage prepaid mail, or if transmitted by telecopy or hand delivery
      upon
      receipt.

    

    
      
        
        

      

      
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    8. Legal
      Fees.
      The
      Corporation shall reimburse the Executive for all reasonable legal fees and
      expenses incurred or otherwise arising in connection with (i) the review and
      negotiation of this Agreement; and (ii) the Executive’s enforcement of the terms
      and provisions of this Agreement, if the Executive prevails in the enforcement
      thereof.

    

    9. Governing
      Law.
      This
      Agreement shall be governed by and construed and enforced in accordance with
      the
      laws of the State of New York without giving effect to its principles of
      conflicts of laws.

    

    10. Assignment.
      This
      Agreement may not be assigned by the Corporation to any successor in interest;
      provided, however, that the Corporation may assign this Agreement and its
      rights, together with its obligations, hereunder in connection with any sale,
      transfer or other disposition of all or substantially all of its assets or
      business, whether by merger, consolidation or otherwise, including a merger
      of
      the Corporation without the consent of the Executive; and provided further
      that
      nothing in this Section 10 shall be deemed to limit the Executive’s rights under
      Section 4(b)(iv). This Agreement is personal to the Executive and the Executive
      may not assign any rights or delegate any responsibilities hereunder without
      the
      prior approval of the Corporation in its sole discretion.

    

    11. Enforcement.
      Because
      the Executive’s services are unique and because the Executive has access to
      Information and Intellectual Property, the parties hereto agree that money
      damages may be an inadequate remedy for any breach of this Agreement. Therefore,
      notwithstanding Section 17, in the event of a breach or threatened breach of
      this Agreement, the Corporation and any of its affiliates or their successors
      or
      assign may, in addition to other rights and remedies existing in their favor
      at
      law or in equity, apply to any court of competent jurisdiction for specific
      performance and/or injunctive or other relief in order to enforce, or prevent
      any violations of, the provisions hereof (without posting a bond or other
      security).

    

    12. Payment
      of Severance.
      In
      addition to the provisions of Section 11 herein, and not in any way in
      limitation thereof, or in limitation of any right or remedy otherwise available
      to the Corporation, if the Executive violates any provision of Section 5 above,
      any severance payments of Base Salary and Bonus then or thereafter due from
      the
      Corporation to the Executive shall be terminated forthwith and the Corporation’s
      obligation to pay and the Executive’s right to receive such severance payments
      shall terminate and be of no further force or effect, in each case without
      limiting or affecting the Executive’s obligations under such Section 5 or the
      Corporation’ other rights and remedies available at law or equity.

    

    13. Entire
      Agreement; Amendment and Waiver.
      This
      Agreement contains the entire agreement of the parties relating to the subject
      matter hereof and supersedes any and all other agreements or understanding
      between the Executive and the Corporation entered into prior to the date hereof
      relating thereto. This Agreement shall be binding upon and inure to the benefit
      of the parties and their respective successors, heirs and permitted assigns.
      This Agreement may not be altered, modified, changed or discharged except in
      writing signed by both of the parties. Any waiver of any rights or failure
      by
      any party hereto to act in a specific instance shall relate only to such
      instance and shall not be construed as an agreement to waive any rights or
      fail
      to act in any other instance, whether or not similar.

    

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    14. Severability.
      Notwithstanding anything to the contrary contained herein, if any term or
      provision hereof, or the application thereof to any circumstance, is held
      invalid or unenforceable for any reason whatsoever, such invalid or
      unenforceable term or provision shall be severable and such invalidity or
      unenforceability shall not affect the validity or enforceability of any other
      term provision hereof, or the application thereof to any other circumstances,
      which can be given effect without such invalid or unenforceable term or
      provision or application. If any of the covenants or provisions contained
      herein, or any part thereof, is held to be invalid or unenforceable because
      of
      the duration thereof or the geographic area covered thereby, or the application
      thereof to any circumstance is held to be invalid or unenforceable, the
      Executive agrees that the court making such determination shall have the power
      to reduce the duration and/or geographic area of such covenant or provision
      or
      modify the application thereof, and that, in its reduced or modified form,
      such
      covenant or provision shall then be enforceable.

    

    15. Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed to be an original. It shall not be necessary when making proof of this
      Agreement to account for more than one counterpart.

    

    16. Headings.
      All
      headings in this Agreement are for convenience only and will not affect the
      meaning or interpretation of any provision hereof.

    

    17. Arbitration.
      This
      parties agree that in the even of any dispute or controversy arising out of
      or
      in connection with this Agreement or any alleged breach thereof (a “Dispute”),
      the parties shall submit the Dispute or arbitration in New York City before
      three (3) arbitrators; one arbitrator shall be chosen by the Executive, one
      arbitrator by the Corporation and the third by the two other arbitrators. If
      any
      party fails to choose its arbitrator within thirty (30) days after a request
      is
      made to designate an arbitrator, then that party waives its right to choose
      an
      arbitrator and the arbitration shall immediately go forward before the one
      arbitrator chosen. The decision of the arbitrators will be final and binding
      upon the parties, and the judgment of a court of competent jurisdiction may
      be
      entered thereon. Fees of the arbitrators and the cost of arbitration shall
      be
      borne as determined by the arbitrators.

    

    18. JURISDICTION
      AND SERVICE OF PROCESS.
      EACH OF
      THE PARTIES HERETO HEREBY CONSENTS TO THE JURISDICTION OF ANY STATE OR FEDERAL
      COURT LOCATED WITHIN THE COUNTY OF NEW YORK, STATE OF NEW YORK AND IRREVOCABLY
      AGREES THAT, SUBJECT TO THE OTHER PROVISIONS OF THIS AGREEMENT, ALL ACTIONS
      OR
      PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AGREEMENT WHICH MAY BE LITIGATED
      SHALL BE LITIGATED IN SUCH COURTS. EACH OF THE PARTIES HERETO ACCEPTS FOR SUCH
      PARTY AND IN CONNECTION WITH SUCH PARTY’S PROPERTIES, GENERALLY AND
      UNCONDITIONALLY, THE NONEXCLUSIVE JURISDICTION OF THE AFORESAID COURTS AND
      WAIVES ANY DEFENSE OF FORUM NON CONVENIENS, AND IRREVOCABLY AGREES TO BE BOUND
      BY ANY JUDGMENT RENDERED THEREBY TO CONNECTION WITH THIS AGREEMENT. EACH OF
      THE
      PARTIES HERETO AGREES TO ACCEPT SERVICE OF ALL PROCESS BY REGISTERED OR
      CERTIFIED MAIL, RETURN RECEIPT REQUESTED, IN ANY SUCH PROCEEDINGS IN ANY SUCH
      COURT, SUCH SERVICE BEING HEREBY ACKNOWLEDGED BY EACH SUCH PARTY TO BE EFFECTIVE
      AND BINDING SERVICE IN EVERY RESPECT. IF ANY AGENT APPOINTED BY ANY PARTY HERETO
      REFUSES TO ACCEPT SERVICE, SUCH PARTY HEREBY AGREES THAT SERVICE UPON SUCH
      PARTY
      BY MAIL SHALL CONSTITUTE SUFFICIENT NOTICE. NOTHING HEREIN SHALL AFFECT THE
      RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT
      THE
      RIGHT OF THE PARTIES TO BRING PROCEEDINGS AGAINST THE OTHER PARTIES IN THE
      COURTS OF ANY OTHER JURISDICTION.

    

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    19. WAIVER
      OF JURY.
      THE
      PARTIES EACH HEREBY WAIVES TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING,
      DIRECTLY OR INDIRECTLY, ANY MATTERS (WHETHER SOUNDING IN TORT, CONTRACT OR
      OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS
      AGREEMENT, THE TRANSACTION CONTEMPLATED HEREBY OR THE RELATIONSHIP ESTABLISHED
      HEREUNDER. Each party certifies and acknowledges that (1) no representative,
      agent or attorney of any other party has represented, expressly or otherwise,
      that such other party would not, in the event of litigation, see to enforce
      the
      foregoing wavier, (2) each party understands and has considered the implications
      of this waiver, (3) each party makes this waiver voluntarily, and (4) each
      party
      has been induced to enter into this Agreement by, among other things, the mutual
      waivers and certifications in this Section 19.

    

    IN
      WITNESS WHEREOF, the Corporation has caused its duly authorized officer to
      execute and the Executive has executed this Agreement as of the day and year
      first above written.

     

     

    MOHEN
      INC.

    

    

    By:
      /s/
      Orville Hagler 3/9/2007

    _______________________________

    Orville
      Hagler

    Secretary

    

    

    By:
      /s/
      Mel Schrieberg 3/9/2007

    
      _______________________________

Mel
      Schrieberg

    Chief
      Executive Officer

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    

    ACKNOWLEDGMENT

     

    
      	 STATE OF NEW YORK  	)	 	 
	 	)
              SS:	 	 
	 COUNTY OF NEW YORK  	)	 	 

    

    
 

    I,
      the
      undersigned, a Notary Public in and for said County, in the State aforesaid,
      DO
      HEREBY CERTIFY that Mel Schrieberg appeared before me this day in person, and
      acknowledged that he signed and delivered the said instrument as his own free
      and voluntary act for the uses and purposes therein set forth.

    

    GIVEN
      under my hand and Notarial Seal this 9th day of March, 2007.

    
      	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Alethea
              G. Tater
	 	
              
Notary
              Public
	 	 

    

    

     

    

    My
      Commission Expires: [STAMP OF NOTARY PUBLIC]

     

     

    12Exhibit 10.2

    Exhibit
      10.2

    

    December
      11, 2005

    

    

    Mr.
      Vesa
      Suomalainen

    11864
      174th Place NE

    Redmond,
      WA 98052

    

    

    Dear
      Vesa:

    

    When
      executed by you and by Mohen, Inc. (the "Company") this document will constitute
      an employment agreement between you and the Company, as follows:

    

    
      	 	
              1.

            	
              The
                Company hereby employs you on a full-time basis as Chief Technology
                Officer. Your performance of services hereunder shall be subject
                to the
                direction and control of the Board of Directors of the Company, or
                Chief
                Executive Officer of the Company, or their respective designees.
                You agree
                to accept and perform without further consideration the duties of
                such
                offices, directorships and titles to which you are elected or named
                by the
                Company.

            

    

    

    
      	 	
              2.

            	
              Compensation:
                In consideration of and in full payment for the due and faithful
                performance of the services rendered by you hereunder, the Company
                shall
                pay you and you agree to accept a salary at the rate of $125,000
                per
                annum, commencing after the receipt of funds from our intuitional
                round of
                financing, or equivalent. On the second year after your salary payments
                commence, it will increase to $175,000. There shall be at least an
                annual
                review of your Compensation in each subsequent year, no later than
                the
                anniversary dates of the commencement of the term hereof based on
                your
                performance, but the Company shall not be obligated to change your
                compensation. Payments to you of salary hereunder shall be made
                periodically on the date established by the Company for payment of
                other
                executive employees, but no less frequently than once a quarter,
                at the
                end of the calendar quarter. All payments under this agreement shall
                be
                subject to all deductions and withholdings required by law and shall
                be
                subject to the condition of your full compliance with all of the
                terms
                hereof. You will be entitled to reimbursement for reasonable expenses
                incurred by you in connection with your employment upon the presentation
                of proper vouchers therefore in accordance with the usual procedures
                of
                the Company.

            

    

    

    
      	 	 	
              You
                will also be granted 240,000 common shares of stock. This is in addition
                to the 400,000 shares you have been granted previously. In the event
                you
                resign from the company prior September 1, 2007, you agree to sell
                the
                shares back to the company at the original valuation price as
                follows:

            

    

    

    
      	 	 	
              -
                240,000 shares (100% of the grant) if you resign prior to September
                1,
                2006

            

    

    

    
      	 	 	
              -
                80,000 shares (33.3% of the grant) if you resign prior to September
                1,
                2007

            

    

     

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    
 

    
      	 	
              3.

            	
              Benefits:
                You will be entitled to participate in and receive benefits under
                and in
                accordance with the provisions of the Company's employee benefit
                plans or
                programs now or hereafter in effect that are applicable to
                you.

            

    

    

    
      	 	
              4.

            	
              Termination:
                During the term of this agreement, the Company may terminate your
                employment hereunder for just cause, including but not limited to,
                dereliction of duty or inability, refusal or failure to perform your
                services required hereunder. If such inability, refusal or failure
                to
                perform services is by reason of illness or disability, to the extent
                that
                you are unable to perform your duties hereunder for a period of six
                months
                or longer, the Company may forthwith, or at any time thereafter while
                such
                inability continues, terminate your employment hereunder by giving
                you
                notice, before or after the expiration of such six-month
                period.

            

    

    

    
      	 	
              5.

            	
              Inventions:
                (a) For purposes of this Agreement, "Invention" shall mean (i) any
                and all
                machines, apparatuses, compositions of matter, methods, know-how,
                processes, designs, configurations, uses thereof, or writings of
                any kind,
                including without limitation computer software and supporting
                documentation, discovered, conceived, developed, made or produced,
                or any
                improvements to them, and shall not be limited to the definition
                of an
                invention contained in the United States patent laws; (ii) all matters
                subject to copyright protection under the United States copyright
                laws;
                and (iii) all matters subject to trademark protection under trademark
                laws
                of the United States or those of any state or under, common
                law.

            

    

    

    
      	 	 	
              (b)
                You understand and agree that all Inventions, or patents, trademarks
                or
                copyrights relating thereto, which have or may have a material importance
                to the business of the Company and which are conceived or made by
                you
                during your employment by the Company, either alone or with others,
                are
                the sole and exclusive property of the Company, whether or not they
                are
                conceived or made during regular working hours, except to the extent
                generally known or knowable by persons generally knowledgeable in
                the
                computer software fields.

            

    

    

    
      	 	 	
              (c)
                You hereby assign and agree to assign to the Company all present
                or future
                right, title and interest in and to all Inventions referred to in
                Clause
                (b) of this section 5 and agree not to disclose any of such Inventions
                to
                others without the written consent of the Company, except as required
                by
                the conditions of your employment
                hereunder.

            

    

    

    
      	 	 	
              (d)
                You agree that without further consideration you will at any time
                and from
                time to time during and after your employment by the Company, on
                the
                request of the Company, (i) execute specific documents of assignment
                in
                favor of the Company, or its nominee, of any of the Inventions covered
                by
                this Agreement, (ii) execute all papers and perform all acts the
                Company
                considers necessary or advisable for the preparation, application,
                procurement, maintenance, enforcement, and defense of patent applications
                and patents of the United States and foreign countries for such
                Inventions, for the perfection or enforcement of any trademarks or
                copyrights relating to such Inventions, and for the transfer of any
                interest you may have in such Inventions (provided, however, that,
                after
                the term of this Agreement, unless your employment was terminated
                for
                cause, you shall be entitled to reasonable compensation for more
                than
                incidental time and effort required to be expended to fulfill your
                responsibilities under this clause (i) and (ii), execute any and
                all
                papers and documents which the Company considers to be necessary
                to vest
                sole right, title and interest in the Company or its nominee in and
                to the
                above Inventions, patent applications, patents, or any trademarks
                or
                copyright applications therefore relating thereto. You will execute
                all
                documents (including those referred to above) and do all other acts
                which
                the Company considers necessary to assist in the preservation of
                all the
                Company's interests in such
                Inventions.

            

    

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
 

    
      	 	
              6.

            	
              Confidentiality
                and Non-Compete: (a) For purposes of this Agreement, "proprietary
                information" shall mean any information relating to the business
                of the
                Company that has not previously been publicly released by duly authorized
                representatives of the Company and shall include (but shall not be
                limited
                to) Company information encompassed in all drawings, designs, plans,
                proposals, marketing and sales plans, financial information, costs,
                pricing information, customer information, and all methods, concepts,
                or
                ideas used in and which have or may have a material importance to
                the
                business of the Company, including without limitation, computer software
                and supporting documentation relating to the
                Project.

            

    

    

    
      	 	 	
              b)
                You agree to regard and, to the best of your ability, to preserve
                as
                confidential all proprietary information pertaining to the Company's
                business that has been or may be obtained by you during your employment
                with the Company, whether you have such information in your memory
                or in
                writing or other physical form.

            

    

    

    
      	 	 	
              c)
                Upon termination of your employment hereunder, you shall deliver
                up to the
                Company all Proprietary information, including without limitation,
                all
                lists of customers, correspondence, accounts, records, and any other
                documents or property made or held by you or under your control in
                .relation to the business affairs of the Company or its affiliates,
                and no
                copy of any such proprietary information shall be retained by
                you.

            

    

    

    
      	 	 	
              d)
                Non-Compete, for the term of this agreement, and for one year afterwards,
                you agree not to compete with the
                Company.

            

    

    

    
      	 	
              7.

            	
              In
                the event of a breach or threatened breach by you of any of the provisions
                of either paragraphs 5 or 6, the Company shall be entitled to an
                injunction restraining you from the commission of such breach, and
                any
                violation by you of any of the provisions of either such paragraph
                will be
                grounds for immediate termination of this agreement and your employment
                hereunder for cause.

            

    

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    
 

    
      	 	
              8.

            	
              The
                Company may assign this agreement and all its rights hereunder to
                any
                entity controlling, controlled by, or under common control with the
                Company. You may not at any time assign this agreement nor any right
                or
                interest hereunder.

            

    

    

    
      	 	
              9.

            	
              Any
                notice required or permitted to be given hereunder shall be in writing
                and
                shall be delivered personally to you or to the President of the Company,
                or duly mailed. to the other party by prepaid registered or certified
                mail, return receipt requested. The address for notices shall be
                (a) for
                you, the one set forth above; and (b) for the Company: MOHEN INC.,
                14
                Garden Place, Garden City, NY
                11530.

            

    

    

    
      	 	
              10.

            	
              If
                any provision of this agreement or the application thereof shall
                for any
                reason be invalid or unenforceable, such provision shall be limited
                only
                to the extent necessary in the circumstances to make such provision
                valid
                or enforceable and its partial or total invalidity or unenforceability
                shall in any event not affect the remaining provisions of this agreement,
                which shall continue in full force and
                effect.

            

    

    

    
      	 	
              11.

            	
              This
                agreement shall be construed according to the laws of the State of
                New
                York; constitutes the entire understanding between the parties, and
                cannot
                be changed or terminated orally but only by an instrument in writing
                signed by both parties hereto, and cancels and supersedes all prior
                oral
                or written understandings and agreements between the parties
                hereto.

            

    

    

    If
      this
      is in agreement with your understanding, kindly so indicate by signing in the
      space provided below.

     

    
      	 	 	 
	 	
              MOHEN
                INC.

            
	 
 	 
 	 
 
	 	By:  	/s/ [illegible
              signature]  
	 	
              

            
	 	Title 

    

     

     

    

    ACCEPTED
      AND AGREED TO:

    

    /s/
      Vesa
      Suomalainen  

    
      
        

      

    

    DATE: 
      December
      12, 2005

     

     

    

    
4

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