Document:

Exhibit
      10.10

    ASSIGNMENT
      OF INDEBTEDNESS 

    

    Assignment
      of Indebtedness (this “ Assignment “) is executed this 12th
      day
      of
      March 2006, among StarInvest Group, Inc., a Nevada corporation (“Assignor”),
      GoIP Global, Inc., a Nevada corporation (“Debtor”) and Isaac H. Sutton
      (“Assignee”). 

    

    RECITALS:
      

    

    WHEREAS,
      Debtor owes Assignor an aggregate sum of $400,000 as of the date hereof (the
      “Indebtedness”); and 

    

    WHEREAS,
      the parties desire that Assignor assign to Assignee all of Assignor’s right,
      title, and interest in and to the Indebtedness; 

    

    NOW,
      THEREFORE, in consideration of $10.00 and other good and valuable consideration,
      the adequacy, sufficiency and receipt of which are hereby acknowledged, the
      parties hereto agree as follows: 

    

    1.
      Assignor hereby conveys, transfers, and assigns to Assignee all of Assignor’s
      right, title, and interest in and to the Indebtedness, and Assignee hereby
      accepts such assignment from Assignor. Upon execution and delivery hereof,
      Assignor shall have no direct or indirect claims, interests, rights or otherwise
      in the Indebtedness. 

    

    2.
      Assignor hereby covenants that, from time to time after the delivery of this
      instrument, at Assignee’s request and without further consideration, Assignor
      will do, execute, acknowledge, and deliver, or will cause to be done, executed,
      acknowledged and delivered, all and every such further acts, deeds, conveyances,
      transfers, assignments, powers of attorney and assurances as reasonably may
      be
      required more effectively to convey, transfer to and vest in Assignee the
      Indebtedness. 

    

    3.
      This
      Assignment is executed by, acknowledged, and shall be binding upon, Assignor,
      Assignee and Debtor, their successors and assigns, effective as of the date
      hereof. 

    

    4.
      Upon
      execution and delivery of this Assignment, Assignor hereby irrevocably and
      unconditionally releases, and forever discharges Debtor and its employees,
      stockholders, managers, officers, directors, agents, representatives and direct
      and indirect affiliates and their respective successors and assigns, and all
      persons, firms, corporations, and organizations acting on their behalf of and
      from any and all actions, causes of actions, suits, debts, charges, demands,
      complaints, claims, administrative proceedings, liabilities, obligations,
      promises, agreements, controversies, damages and expenses (including but not
      limited to compensatory, punitive or liquidated damages, attorney’s fees and
      other costs and expenses incurred), of any kind or nature whatsoever, whether
      presently known or unknown relating directly or indirectly to the Indebtedness.
      

    

    [remainder
      of page intentionally left blank; signature page to follow] 

     

    IN
      WITNESS WHEREOF, this Assignment Agreement is executed by the undersigned
      parties as of the day and year first set forth above. 

    

    ASSIGNOR:
      

    

    STARINVEST
      GROUP, INC. 

    

    

    By:
      

    
      

    

    Name:
      

    Title:
      

    

    ASSIGNEE:
      

    

    
      
Isaac
      H.
      Sutton 

    

    

    DEBTOR:
      

    

    GOIP
      GLOBAL, INC. 

    

    

    By:
      

    
      

    

    Name:
      

    Title:Exhibit
      10.11

    EMPLOYMENT
      AGREEMENT

    

    THIS
      AGREEMENT made this 10th day of May, 2006, by and between StarInvest Group,
      Inc., a Nevada corporation with its principal office at 3300 North A Street,
      Suite 2-210, Midland, TX 79705 (hereinafter "STIV" or the "Company" or the
      "Corporation") and Robert H. Cole, President of R & J Cole, Inc.
      (hereinafter "Cole" or the "Executive") residing at 5102 los Alamitos Ct.,
      Midland, TX 79705.

    

    WITNESSETH

    

    WHEREAS,
      the said Cole is to be the Chairman of the Board of Directors and the Chief
      Executive Officer of STIV and an integral part of management and STIV desires
      to
      assure itself of his continuing services and of a continuity in management
      and
      also desires to assure Cole of continued employment during the period of
      employment hereunder and of retirement benefits upon his retirement,
      and

    

    WHEREAS,
      Cole is willing to commit himself to continue to remain in the employ of STIV,
      and, except as is provided hereinafter, to forego opportunities elsewhere during
      such period on the terms and conditions as set forth herein.

    

    NOW
      THEREFORE, in consideration of the mutual promises and conditions contained
      herein, the parties, intending to be legally bound hereby, agree as
      follows:

    

    1.
      EMPLOYMENT AND TERM:

     

    (a)
      The
      Company hereby agrees to employ Cole,, and the said Cole hereby agrees to be
      employed by STIV, upon the terms and conditions hereinafter stated, for a Period
      of Employment which shall commence on May 10, 2006, (hereinafter the
      "Commencement Date" and which shall be deemed the date of this Agreement) and,
      subject only to the express terms of this Agreement relating to death and
      disability, shall i) continue until the close of business on December 31, 2008
      (the “Terminal Date”) or ii) until such later date as the parties shall agree
      upon, or iii) upon such other date as shall result from the operation of the
      terms and conditions of this Agreement, or iv) until Executive shall die, or
      v)
      until Executive is disabled as defined hereinafter. In the event that Executive
      shall continue in the full-time employment of the Company after December 31,
      2008, such employment shall continue to be subject to the terms and conditions
      of this Agreement, as now stated or as hereafter amended, and the Period of
      Employment shall include the entire period during which Executive in fact
      continues in such employment.

    

    (b)
      The
      termination date of December 31, 2008 set forth in (a) above shall be extended
      for five years, as of that date and as of each subsequent fifth anniversary
      of
      that date, unless either party shall have given to the other party notice,
      in
      the manner hereinafter provided, no later than on September 30, 2008, or
      September 30th of each subsequent fifth anniversary year of employment, that
      the
      Terminal Date is not to be extended. Upon such Terminal Date Executive shall
      be
      vested with all of the pension benefits commensurate with twenty years service
      with the Company, its successors or assigns, pension, profit sharing, incentive
      stock option, supplemental retirement or other compensation plans for qualified
      and non-qualified executive employees of the Company, now or hereafter
      implemented.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    2.
      POSITION, DUTIES AND RESPONSIBILITIES:

    

    (a)
      It is
      contemplated that during the Period of Employment Executive will serve as Chief
      Executive Officer and Chairman of the Board of Directors of the Company, its
      successors and assigns, with office(s) and title(s), reporting responsibility,
      duties, other responsibilities importance and scope, and with the functions,
      duties and responsibilities attached thereto and as the same may be changed,
      in
      writing, from time to time after the date of this Agreement by mutual agreement
      of the parties. 

    

    Notwithstanding
      the foregoing, the parties further agree that they shall be deemed to have
      mutually agreed to a change in office(s), title(s), reporting responsibility,
      duties and responsibilities, at any time, if such change shall have been
      assigned by the Board of Directors of the Company and Executive, shall have
      agreed in writing in advance to such change, and provided that in all events
      the
      salaries and benefits reserved to Executive shall not be reduced or compromised
      in any manner.

    

    (b)
      Executive's office(s), title(s), reporting responsibility, duties and
      responsibilities as of the date of this Agreement, may not be changed after
      the
      date of this Agreement without the written consent of Executive.

    

    (c)
      During the Period of Employment Executive shall, without compensation other
      than
      that herein provided (unless the Board of Directors of the Company shall assign
      an additional salary for said continued service), also serve and continue to
      serve, if and when elected and re-elected, as an officer or director, or both,
      of any subsidiary, division or affiliate of the Company, provided Executive
      shall not be obliged to relocate from the Midland, Texas area and shall not
      incur any personal liabilities therefore that the Company does not bond or
      insure against in amounts satisfactory to Executive.

    

    (d)
      Throughout the Period of Employment Executive shall devote his primary time
      and
      attention during normal business hours to the business and affairs of the
      Corporation except for reasonable vacations and except for illness or
      incapacity, but nothing in this Agreement shall preclude Executive from devoting
      reasonable periods required for i) serving as a director of any business,
      corporation involving no conflict of interest with the interest of the
      Corporation; (ii) delivering lectures, fulfilling speaking engagements, teaching
      at educational institutions; (iii) engaging in charitable and community
      activities; and (iv) managing investments, provided that such activities do
      not
      materially interfere with the regular performance of his duties and
      responsibilities under this Agreement.

    

    (e)
      Unless otherwise agreed to by Executive, the office of Executive shall be
      located at the principal offices of the Company within the area of Midland,
      Texas and Executive shall not be required to locate his office elsewhere without
      his prior written consent. Executive shall not be required to travel outside
      the
      Midland, Texas area more than 60 days per annum.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    3.
      COMPENSATION, COMPENSATION PLANS, PERQUISITES:

    

    Upon
      execution of this Agreement and for all services rendered by Executive in any
      capacity during the Period of Employment, including, without limitation,
      services as an executive, officer, director or member of any committee of the
      Company or of any subsidiary, division or affiliate thereof, effective May
      10,
      2006, Executive shall be paid as compensation a base annual salary of $0. This
      will continue through January 2007. Beginning in February 2007, R & J Cole,
      Inc. shall be paid as compensation a base annual salary of $30,000, payable
      in
      equal monthly payments of $2,500, and together with such increases as shall
      be
      awarded by the Company from time to time effective in accordance with the
      Company's regular administrative practices of other salary and bonuses
      applicable to executives of the Company (such as attendance fees for Board
      of
      Directors meetings) in effect from time to time, together with incentive awards
      or bonuses provided for herein, if any, and such annual short-term and long-term
      incentive awards and bonuses, including qualified and non-qualified stock
      options, provided for under any compensation plan, or any successor compensation
      plan in effect as of the date of this Agreement or that may be adopted by the
      Company during any period of employment, or as may be awarded from time to
      time
      by the Board of Directors of the Company or a duly authorized committee thereof
      in its sole discretion.

    

    Any
      increase in salary or in annual incentive award or other compensation, including
      stock options, paid or payable to Executive shall in no way diminish any other
      obligation of the Company under this Agreement. [Bob: I don’t think the
      Additional Compensation Plan exists]

    

    During
      the Period of Employment Executive there will be no benefits provided. R & J
      Cole, Inc. will furnish office space for STIV at no monthly charge.

    

    During
      the time the Company is subject to the Investment Company Act of 1940, as
      amended, no compensation of any form whatsoever (including grants of stock
      options) shall be granted or paid in violation of such Act, and any provisions
      of this Agreement in violation of such Act shall be deemed null and
      void.

    

    4.
      EFFECT
      OF DEATH OR DISABILITY: 

    

    (a)
      In
      the event of the death of Executive during the Period of Employment, there
      will
      be no benefits paid, other than what has been described above.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    (b)
      In
      the event of the Total Disability of Executive during the Period of Employment
      Executive shall receive 100% of his compensation, until such time that the
      Board
      can replace him.

    

    (c)
      If
      during the Period of Employment Executive shall become temporarily, or
      intermittently, disabled through illness or accident from performing his duties
      hereunder, he shall be entitled to a leave of absence from his employment duties
      for the period of such temporary, or intermittent, disability, not to exceed
      180
      days in any twelve month period. Executive's full compensation and status as
      an
      employee shall continue during any such temporary, or intermittent, disability
      and leaves of absence.

    

    (d)
      In
      the event of the death of Executive during the Period of Employment the Company,
      this agreement is terminated.

    

    5.
      TERMINATION:

    

    Employment,
      the provisions of this Article shall apply. Any provision of this Agreement
      to
      the contrary notwithstanding, the payments, benefits, service credit for
      benefits and other matters provided by this Article in the event of such a
      Termination are in addition to any payments, benefits, service credit for
      benefits and other matters herein provided that may apply in such
      event.

    

    (a)
      In
      the event of a Termination and subject to the provisions of this Agreement,
      relating to mitigation of damages, and to compliance by Executive with the
      provisions relating to confidential information, the Corporation shall, as
      liquidated damages or severance pay, or both, pay to Executive and provide
      him,
      his dependents, beneficiaries and estate, with compensation for one month of
      service after the month in which Termination shall have occurred at the rate
      being paid at the time of Termination.

    

    (b)
      If a
      Change in Control of the Company, as defined below, shall have occurred at
      any
      time during the term hereof, as same may be extended from time to time, the
      Company shall pay to Executive, in cash, within ninety (90) days following
      such
      termination an amount equal to two (2) times the amount of Executive's then
      monthly salary times, on time.

    

    (c)
      The
      word "Termination," for the purpose of this of this Agreement, shall
      mean

    

    (i)
      Termination by the Company its successors or assigns of the employment of
      Executive by the Company and its subsidiaries for any reason other than for
      Cause as defined below or for Disability as defined above; or

    

    (ii)
      Termination by Executive of his employment by the Company and its subsidiaries
      upon the occurrence of any of the following events:

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

       (A)
      Failure to elect or re-elect Executive as Chief Executive Officer or as Chairman
      of the Board of Directors of the Company during the Period of Employment, or
      removal of Executive from, any of the office(s) described above;

    

       (B)
      A
      significant change in the nature or scope of Executive's authorities, powers,
      functions or duties, or a reduction in compensation, which is not remedied
      within 30 days after receipt by the Company of written notice from
      Executive;

    

       (C)
      A
      determination by Executive made in good faith that as a result of a Change
      in
      Control of the Company, as defined in below, and a change in circumstances
      thereafter and since the date of this Agreement significantly affecting his
      position, he is unable to carry out the authorities, powers, functions or duties
      attached to his position and contemplated by this Agreement and the situation
      is
      not remedied within 30 days after receipt by the Company of written notice
      from
      Executive of such determination;

    

       (D)
      A
      breach by the Corporation of any provision of this Agreement not embraced within
      the foregoing clauses of this subparagraph which is not remedied within 30
      days
      after receipt by the Company of written notice from Executive;

    

    (E)
      The
      liquidation, dissolution, consolidation or merger of the Company or transfer
      of
      all or a significant portion of its assets unless a successor or successors
      (by
      merger, consolidation or otherwise) to which all or a significant portion of
      its
      assets have been transferred shall have assumed all duties and obligations
      of
      the Company under this Agreement but without releasing the corporation that
      is
      the original party to this Agreement; provided that in any event set forth
      in
      this subparagraph Executive shall have elected to terminate his employment
      under
      this Agreement upon not less than thirty and not more than ninety days' advance
      written notice to the Board of Directors of the Company, attention of the
      Secretary, given, except in the case of a continuing breach, within three
      calendar months after (A) failure to be so elected or re-elected, or removed,
      (B) expiration of the thirty-day cure period with respect to such event, or
      (C)
      the closing date of such liquidation, dissolution consolidation, merger or
      transfer of assets, as the case may be. An election by Executive to terminate
      his employment given under the provisions of this paragraph shall not be deemed
      to be a voluntary termination of employment by Executive for the purpose of
      this
      Agreement or any plan or practice of the Company.

    

    (d)
      For
      the purpose of any provision of this Agreement, the termination of Executive's
      employment shall be deemed to have been for Cause only (i) if termination of
      his
      employment shall have been the result of a proven act or acts of dishonesty,
      constituting a felony, adjudicated by a competent court having jurisdiction
      of
      Executive and resulting or intended to result directly or indirectly in gain
      or
      personal enrichment at the expense of the Company.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    (e)
      Anything in this paragraph or elsewhere in this Agreement to the contrary
      notwithstanding, the employment of Executive shall in no event be considered
      to
      have been terminated by the Company for Cause if termination of his employment
      took place (i) as the result of bad judgment or negligence on the part of
      Executive, or (ii) as the result of an act or omission without intent of gaining
      a profit there from, directly or indirectly, to which Executive was not legally
      entitled, or (iii) because of an act or omission believed by Executive in good
      faith to have been in or not opposed to the interests of the Company, or (iv)
      for any act or omission in respect of which a determination could properly
      be
      made that Executive met the applicable standard of conduct prescribed for
      indemnification or reimbursement or payment of expenses under (A) the Bylaws
      of
      the Company, or (B) the laws of either the State of Nevada, or (C) the
      directors' and officers' liability insurance of the Company, in each case either
      as in effect at the time of this Agreement or in effect at the time of such
      act
      or omission, or (v) as the result of an act or omission which occurred more
      than
      twelve calendar months prior to Executive's having been given notice of the
      termination of his employment for such act or omission unless the commission
      of
      such act or such omission could not at the time of such commission or omission
      have been known to a member of the Board of Directors of the Company (other
      than
      Executive, if he is then a member of the Board of Directors), in which case
      more
      than twelve calendar months from the date that the commission of such act or
      such omission was or could reasonably have been so known, or (vi) as the result
      of a continuing course of action which commenced and was or could reasonably
      have been known to a member of the Board of Directors of the Company (other
      than
      Executive, if he is then a member of the Board of Directors) more than twelve
      calendar months prior to notice having been given to Executive of the
      termination of his employment.

    

    (f)
      In
      the event that Executive's employment shall be terminated by the Company during
      the Period of Employment and such termination is alleged to be for Cause, or
      Executive's right to terminate his employment under this Agreement shall be
      questioned by the Company, or the Company shall withhold payments or provisions
      of benefits because Executive is alleged to be engaged in Competition in breach
      of the provisions of this Agreement or for any other reason, Executive shall
      have the right, in addition to all other rights and remedies provided by law,
      at
      his election either to seek arbitration in New York City under the rules of
      the
      American Arbitration Association by serving a notice to arbitrate upon the
      Company or, at Executive's sole and exclusive option, to institute a judicial
      proceeding, in either case within ninety days after having received notice
      of
      termination of his employment or notice in any form that the termination of
      his
      employment is subject to question or that the Company is withholding or proposes
      to withhold payments or provision of benefits or within such longer period
      as
      may reasonably be necessary for Executive to take action in the event that
      his
      illness or incapacity should preclude his taking such action within such
      ninety-day period.

    

    (g)
       (i)
      In
      the event that the Company defaults on any obligation of this, Agreement and
      shall have failed to remedy such default within thirty (30) days after having
      received written notice of such default from Executive or his legal
      representatives, in addition to all other rights and remedies that Executive
      may
      have as a result of such default, Executive may demand and the Company shall
      thereupon be required to deposit, with the third-party stakeholder hereinafter
      described, an amount equal to the undiscounted value of any and all
      undischarged, future obligations of the Company under this Agreement and such
      amount shall thereafter be held, paid, applied or distributed by such
      third-party stakeholder for the purpose of satisfying such undischarged, future
      obligations of the Company when and to the extent that they become due and
      payable. Any interest or other income on such amount shall be paid over
      currently as earned by the "Company." To the extent not theretofore expended,
      such amount shall be repaid to the Company at such time as the third-party
      stakeholder, in its sole discretion, reasonably exercised, determines, upon
      the
      advice of counsel and after consultation with the Company and Executive or,
      in
      the event of his death, his beneficiary, that all obligations of the Company
      under this Agreement have been substantially satisfied.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    

    (ii)
      Such
      amount shall, in the event of any question, be determined jointly by the firm
      of
      certified public accountants regularly employed by the Company and a firm of
      certified public accountants selected by Executive, in each case upon the advice
      of actuaries. To the extent the certified public accountants are unable to
      agree
      on a resolution of the question, such amount shall be determined by an
      independent firm of certified public accountants selected jointly by both firms
      of accountants.

    

    6.
      NO
      OBLIGATION TO MITIGATE DAMAGES:

    

    (a)
      In
      the event of a Termination other than a Voluntary Termination as defined herein,
      Executive shall have no obligation to mitigate damages by seeking other
      employment. Provided, further, that he shall not be required to accept a
      position of less dignity and importance or of substantially different character
      and salary than the highest position theretofore held by him with the Company
      or
      a position that would call upon him to engage in Competition within the meaning
      below. 

    

    (b)
      To
      the extent that Executive shall receive compensation, benefits and service
      credit for benefits from other employment secured pursuant to the provisions
      of
      the subparagraph above, the payments to be made and the benefits and service
      credit for benefits to be provided by the Company (other than the credit for
      Twenty (20) Years Constructive Service provided therein) shall be
      correspondingly reduced. Such reduction shall, in the event of any question,
      be
      determined jointly by the firm of certified public accountants regularly
      employed by the Company and a firm of certified public accountants selected
      by
      Executive, in each case upon the advice of actuaries to the extent the certified
      public accountants consider necessary, and, in the event such two firms of
      accountants are unable to agree on a resolution of the question, such reduction
      shall be determined by an independent firm of certified public accountants
      selected jointly by both firms of accountants.

    

    7.
      CONFIDENTIAL INFORMATION:

    

    (a)
      Executive agrees not to disclose, either while in the Company's employ or at
      any
      time thereafter, to any person not employed by the Company, or not engaged
      to
      render services to the Company, except in his sole discretion as he may deem
      reasonable within the scope of his employment and in the interest of the
      Company, any confidential information obtained by him while in the employ of
      the
      Company, including without limitation, information relating to any of the
      Company's inventions, processes, formulae, plans, devices, compilations of
      information, methods of distribution, customers, client relationships, marketing
      strategies or trade secrets; provided, however, that this provision shall not
      preclude Executive from use or disclosure of information in furtherance of
      the
      Company business opportunities or of such information known generally to the
      public or of information not considered confidential by persons engaged in
      the
      business conducted by the Company or from disclosure required by law or Court
      order. The agreement herein made in this paragraph shall be in addition to,
      and
      not in limitation or derogation of, any obligations otherwise imposed by law
      upon Executive in respect of confidential information and trade secrets of
      the
      Company, its subsidiaries and affiliates.

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    

    (b)
      Executive also agrees that upon leaving the Company's employ he will not take
      with him, without the prior written consent of an officer authorized to act
      in
      the matter by the Board of Directors of the Company, and he will surrender
      to
      the Company any record, list, drawing, blueprint, specification or other
      document or property of the Company, its subsidiaries and affiliates, together
      with any copy and reproduction thereof, mechanical or otherwise, which is of
      a
      confidential nature relating to the Company, its subsidiaries and affiliates,
      or, without limitation, relating to its or their methods of distribution, client
      relationships, marketing strategies or any description of any formulae or secret
      processes, or which was obtained by him or entrusted to him during the course
      of
      his employment with the Company. 

    

    8.
      SEVERANCE ALLOWANCE, COMPETITION:

    

    (a)
      In
      addition to the foregoing, in the event of termination of the employment of
      Executive by the Company at any time prior to the attainment by Executive of
      65
      years of age and such termination shall be for any reason other than for Cause,
      as defined above, the Company, subject to the provisions below relating to
      Competition, shall pay Executive a severance allowance commencing on the first
      day of each month following termination of his employment and continuing on
      the
      first day of each month until the next "Terminal Date". Such severance allowance
      shall for each such month be an amount equal to the average Monthly Compensation
      of Executive for the twelve-month period preceding the Termination
      Date.

    

    (b)
      During the period that the payments provided for in subparagraph (a) of this
      Article are required to be made, Executive, his dependents and beneficiaries,
      shall continue to be entitled to all benefits inclusive of service credit for
      benefits under employee benefit plans of the Company as if Executive were still
      employed during such period and, if and to the extent that such benefits shall
      not be payable under any such plan by reason of Executive's no longer being
      an
      employee of the Company, the Company shall itself pay or provide for payment
      of
      such benefits to Executive, his dependents and beneficiaries. The amount of
      any
      benefit payable under this paragraph shall be reduced by any corresponding
      benefit with respect to the same period for which the cost is payable by the
      Company under the provisions of this Agreement.

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

    (c)
      (A)
      Subject to the provisions above, there shall be no obligation on the part of
      the
      Company to make any further payments provided for above and in this Article
      or
      to provide any further benefits specified above or in this Article if Executive
      shall, during the period that such payments are being made or benefits provided,
      engage in direct Competition with the Company as hereinafter defined, provided
      all of the following shall have taken place:

    

    (i)
      The
      Secretary of the Company, pursuant to resolution of the Board of Directors
      of
      the Company, shall have given written notice to Executive that, in the opinion
      of the Board of Directors, Executive is engaged in such direct Competition,
      specifying the details;

    

    (ii)
      Executive shall have been given a reasonable opportunity upon reasonable notice
      to appear before and to be heard by the Board of Directors prior to the
      determination of the Board evidenced by such resolution;

    

    (iii)
      Executive shall neither have ceased to engage in such direct Competition within
      thirty days from his receipt of such notice nor diligently taken all reasonable
      steps to that end during such thirty-day period and thereafter.

    

    (B)
      The
      word "Competition" for the purposes of this paragraph and any other provision
      of
      this Agreement shall mean (i) taking a management position with or control
      of a
      business engaged in the design, development, marketing or distribution of
      services and products which constituted 15% or more of the sales of the Company
      and its subsidiaries and affiliates during the last fiscal year of the Company
      preceding the termination of Executive's employment, in any geographical area
      in
      which the Company, its subsidiaries or affiliates is at the time engaging in
      the
      design, development, manufacture, marketing or distribution of such products;
      provided, however, that in no event shall ownership of less than 5% of the
      outstanding capital stock entitled to vote for the election of directors of
      a
      corporation with a class of equity securities held of record by more than 500
      persons, standing alone, be deemed Competition with the Company within the
      meaning of this paragraph, (ii) soliciting any person who is a customer of
      the
      businesses conducted by the Company, or any business in which Executive has
      been
      engaged on behalf of the Company and its subsidiaries or affiliates at any
      time
      during the term of this Agreement on behalf of a business described in clause
      (i) of this subparagraph or (iii) inducing or attempting to persuade any
      employee of the Company or any of its subsidiaries or affiliates to terminate
      his employment relationship in order to enter into employment with a business
      described in clause (i) of this subparagraph.

     

    9.
      WITHHOLDING:

    

    Anything
      to the contrary notwithstanding, all payments required to be made by the Company
      under this Agreement to Executive or his estate or beneficiaries shall be
      subject to the withholding of such amounts, if any, relating to tax and other
      payroll deductions as the Company independent Certified Public Accounting firm
      may reasonably determine it should withhold pursuant to any applicable law
      or
      regulation. In lieu of withholding such amounts, the Company may accept other
      provisions to the end that it has sufficient funds to pay all taxes required
      by
      law to be withheld in respect of any or all of such payments.

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    

    10.
      NOTICES:

     

    All
      notices, requests, demands and other communications provided for by this
      Agreement shall be in writing and shall be sufficiently given if and when mailed
      in the continental United States by registered or certified mail or personally
      delivered to the party entitled thereto at the address stated from time to
      time
      in the Exhibit to this Agreement which address shall be such address as the
      addressee January have given most recently by a similar notice. Any such notice
      delivered in person shall be deemed to have been received on the date of
      delivery.

    

    11.
      GENERAL PROVISIONS:

    

    (a)
      There
      shall be no right of set-off or counterclaim in respect of any claim, debt
      or
      obligation against any payments to Executive, his dependents, beneficiaries
      or
      estate, provided for in this Agreement.

     

    (b)
      The
      Company and Executive recognize that each party will have no adequate remedy
      at
      law for breach by the other of any of the agreements contained in this Agreement
      and, in the event of any such breach, the Company and Executive hereby agree
      and
      consent that the other shall be entitled to a decree of specific performance,
      mandamus or other appropriate remedy to enforce performance of such
      agreements.

    

    (c)
      No
      right or interest to or in any payments shall be assignable by Executive;
      provided, however, that this provision shall not preclude him from designating
      one or more beneficiaries to receive any amount that may be payable after his
      death and shall not preclude the legal representative of his estate from
      assigning any right hereunder to the person or persons entitled thereto under
      his will or, in the case of intestacy, to the person or persons entitled thereto
      under the laws of intestacy applicable to his estate.

    

    (d)(i)
      No
      right, benefit or interest hereunder, shall be subject to anticipation,
      alienation, sale, assignment, encumbrance, charge, pledge, hypothecation, or
      set-off in respect of any claim, debt or obligation, or to execution,
      attachment, levy or similar process, or assignment by operation of law. Any
      attempt, voluntary or involuntary, to effect any action specified in the
      immediately preceding sentence shall, to the full extent permitted by law,
      be
      null, void and of no effect

    

    (ii)
      Executive shall not have any right, title, or interest whatsoever in or to
      any
      investments which the Company may make to aid it in meeting its obligations
      under this Agreement.

    

    (iii)
      Subject to the provisions above, nothing contained in this Agreement shall
      create or be construed to create a trust of any kind, or a fiduciary
      relationship between the Company and Executive or any other person.

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    

    (iv)
      Subject to the provisions above, to the extent that any person acquires a right
      to receive payments from the Company under this Agreement, except to the extent
      provided by law such right shall be no greater than the right of an unsecured
      general creditor of the Company.

    

    (v)
      Subject to the provisions above, all payments to be made under this Agreement
      shall be paid from the general funds of the Company and except as provided
      herein no special or separate fund shall be established and no segregation
      of
      assets shall be made to assure payment of amounts payable under this Agreement,
      except as set forth in paragraph 4(c). Provided, however, that the Company
      shall
      have, at its sole discretion, the right to substitute fully paid annuity
      policies in place and instead of any deferred compensation benefits provided
      that such annuity provide to Executive, and or his beneficiaries, payments
      at
      least equal to the payment of the deferred compensation as required under any
      plan of deferred compensation in which Executive may have been enrolled in
      at
      any time.

    

    (e)
      The
      term "beneficiaries" as used in this Agreement shall, in the event of the death
      of Executive, will be R & J Cole, Inc., unless a change in beneficiary or
      beneficiaries designated on a form filed with the Company by Executive to
      receive any amount that may be payable after his death. 

    

    (f)
      In
      the event of Executive's death or a judicial determination of his incompetence,
      reference in this Agreement to Executive shall be deemed, where appropriate,
      to
      refer to his legal representative or, where appropriate, to his beneficiary
      or
      beneficiaries.

    

    (g)
      If
      any event provided for in this Agreement is scheduled to take place on a legal
      holiday, such event shall take place on the next succeeding business day that
      is
      not a legal holiday.

    

    (h)
      The
      titles to sections in this Agreement are intended solely for convenience and
      no
      provision of this Agreement is to be construed by reference to the title of
      any
      section.

    

    (i)
      This
      Agreement shall be binding upon and shall inure to the benefit of Executive,
      his
      heirs and legal representatives, and the Company and its successors, including
      and not limited to STIV as provided herein.

    

    (j)
      This
      instrument contains the entire agreement of the parties relating to the subject
      matter of this Agreement and supersedes and replaces all prior agreements and
      understandings with respect to such subject matter, and with respect to the
      subject matter herein contained the parties hereto have made no agreements,
      representations or warranties relating to the subject matter of this Agreement
      which are not set forth herein.

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    

    12.
      AMENDMENT OR MODIFICATION; WAIVER:

    

    No
      provision of this Agreement may be amended, modified or waived unless such
      amendment, modification or waiver shall be authorized by the Board of Directors
      of the Company or any authorized committee of the Board of Directors and shall
      be agreed to in writing, signed by Executive and by an officer of the Company
      thereunto duly authorized. Except as otherwise specifically provided in this
      Agreement, no waiver by either party hereto of any breach by the other party
      hereto of any condition or provision of this Agreement to be performed by such
      other party shall be deemed a waiver of a subsequent breach of such condition
      or
      provision or a waiver of a similar or dissimilar provision or condition at
      the
      same time or at any prior or subsequent time.

    

    13.
      SEVERABILITY:

    

    Anything
      in this Agreement to the contrary notwithstanding:

    

    (i)
      In
      the event that any provision of this Agreement, or portion thereof, shall be
      determined to be invalid or unenforceable for any reason, in whole or in part,
      the remaining provisions of this Agreement and parts of such provision not
      so
      invalid or unenforceable shall be unaffected thereby and shall remain in full
      force and effect to the fullest extent permitted by law;

    

    (ii)
      Any
      provision of this Agreement, or portion thereof, which may be invalid or
      unenforceable in any jurisdiction shall be limited by construction thereof,
      to
      the end that such provision, or portion thereof, shall be valid and enforceable
      in such jurisdiction; and

     

    (iii)
      Any
      provision of this Agreement, or portion thereof, which may for any reason be
      invalid or unenforceable in any jurisdiction shall remain in effect and be
      enforceable in any jurisdiction in which such provision, or portion thereof,
      shall be valid and enforceable.

    

    14.
      SUCCESSORS TO THE COMPANY

    

    Except
      as
      otherwise provided herein, this Agreement shall be binding upon and inure to
      the
      benefit of the Company and any successor of the Company, including, without
      limitation, any corporation or corporations acquiring directly or indirectly
      all
      or substantially all of the assets of the Company whether by merger,
      consolidation, sale or otherwise (and such successor shall thereafter be deemed
      embraced within the term "the Company for the purposes of this Agreement),
      but
      shall not otherwise be assignable by the Company.

    

    15.
      CHANGE IN CONTROL

    

    For
      the
      purpose of this Agreement, the term "Change in Control of the Company" shall
      mean a change in control of a nature that would be required to be reported
      in
      response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the
      Securities Exchange Act of 1934 as in effect on the date of this Agreement;
      provided that, without limitation, such a change in control shall be deemed
      to
      have occurred if and when (a) any "person" (as such term is used in Sections
      13(d) and 14(d)(2) of the Securities Exchange Act of 1934) is or becomes a
      beneficial owner, directly or indirectly, of securities of the Corporation
      representing twenty-five percent (25%) or more of the combined voting power
      of
      the Corporation's then outstanding securities or (b) during any period of 24
      consecutive months, commencing before or after the date of this Agreement,
      individuals who at the beginning of such twenty-four month period were directors
      of the Company cease for any reason to constitute at least a majority of the
      Board of Directors of the Company.

     

    16.
      GOVERNING LAW: The validity, interpretation, construction, performance and
      enforcement of this Agreement shall be governed by the laws of the State of
      Texas without giving effect to the principles of conflict of laws
      thereof.

     

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    

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

     

    
      	Accepted and Agreed: 	 	
              For
                StarInvest Group, Inc.

            	 
	 	 	 	 
	 	 	 	 
	R & J Cole, Inc. 	 	
              Signature

            	 
	 	 	 	 
	 	 	 	 
	Robert H. Cole 	 	
              Name
                and Title

            	 

    

    

    
      
         

      

      
        13

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00121-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00121-of-00352.parquet"}]]