Document:

ex10_21.htm

    

      

      

      AMENDED AND RESTATED
SENIOR
EXECUTIVE AGREEMENT

       

      THIS
AMENDED AND RESTATED AGREEMENT by and between ON ASSIGNMENT, INC., a Delaware
corporation (the
“Company”) and EMMETT MCGRATH (“Executive”) is entered into
on  December 11, 2008.

       

      Recitals

       

       A.     The
Company and Executive previously entered into an agreement, dated July 23, 2004,
as renewed and amended on October 16, 2006 and as further amended on November
29, 2007, pursuant to which Executive is employed as the President of Lab
Support and Allied Divisions of the Company (the “Prior Agreement”).

      

      

      B.      The
Company and Executive wish to amend and restate the Prior Agreement to implement
changes required under Internal Revenue Code (“Code”) Section 409A (together
with the regulations and official interpretations thereof, “Section 409A”).

      

       

      C.           
Certain definitions are set forth in Section 4 of this
Agreement.

       

      Agreement

       

      The
parties hereto agree as follows:

       

      1.            
Employment.
 The Company engaged Executive as of August 30, 2004 (the “Start Date”) to serve the
Company, during the Service Term in the capacities, and subject to the terms and
conditions, set forth in this Agreement.

       

      (a)          
Services. 
During the Service Term, Executive, as President of the Company’s Lab Support
Division and Allied Division, shall be responsible for the day-to-day operations
of the Company’s Lab Support line of business and Allied healthcare line of
business and all other duties and responsibilities as may be reasonably assigned
to him from time to time by the Company’s Chief Executive Officer (the “CEO”).  Executive will
report directly to the CEO.  Executive will devote his best efforts and
substantially all of his business time and attention (except for vacation
periods and periods of illness or other incapacity) to the business of the
Company and its Affiliates.  Notwithstanding the foregoing, and provided
that such activities do not interfere with the fulfillment of Executive’s
obligations hereunder, Executive may (A) serve as an officer, director or
trustee of any charitable or non-profit entity; (B) own a passive
investment in any private company that is not a competitor of the Company and
own up to 2% of the outstanding voting securities of any public company; and/or
(C) subject to the Company’s reasonable approval, serve as a director of a
for-profit company,
provided  that Executive reasonably believes that such service
would be in the interests of the Company.  Executive’s place of employment
shall be one of the Company’s offices in or around Santa Clara, California; provided, however, that Executive shall spend
a minimum of five (5) days per month in the Company’s headquarters in Calabasas,
California and shall travel to such other locations of the Company and its
Affiliates as may be reasonably necessary in order to discharge his duties
hereunder.  Executive shall not be required to re-locate his place of
employment to the Company’s headquarters; however, in the event that the CEO and
Executive mutually determine that it would be in the interests of the Company
for Executive to re-locate his place of employment to the Company’s
headquarters, Executive shall be entitled to reimbursement and/or compensation
for certain costs and expenses incurred in connection with such relocation, as
negotiated by Executive and the Company.

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (b)           Salary, Bonus and
Benefits.

       

      (i)            Salary
and Bonus. 
During the Service Term, the Company will pay Executive a base salary (the
“Annual Base Salary”) as the Board (or Compensation Committee thereof) may
designate from time to time, at the rate of not less than $200,000 per annum;
provided, however, that
the Annual Base Salary for fiscal year 2008 shall be $310,000 and shall be
subject to review annually (at the end of each fiscal year of the Company) by
the Board (or Compensation Committee thereof) for upward increases
thereto.  Commencing with fiscal year 2009, Executive shall be
eligible to receive an annual bonus in an amount of up to 100% of Executive’s
Annual Base Salary for such fiscal year, as determined by the Compensation
Committee of the Board based upon the following:  at the beginning of
each fiscal year of the Company that commences during the Service Term, the CEO
and Executive shall cooperate with each other in good faith to determine plan
targets (the “Financial Targets”), which shall be a combination of targets for
revenue, gross profit and operating margin of the Company’s Lab Support Division
and Allied Division operations.  The Financial Targets shall be
subject to approval by the Compensation Committee of the
Board.  Executive shall be entitled to a bonus of up to 50% of the
Annual Base Salary if the Financial Targets, as approved by the Compensation
Committee, are met.  Executive shall be eligible for an additional
bonus of up to 50% of the Annual Base Salary (thereby making the total bonus
opportunity 100% of the Annual Base Salary), upon over-achievement of Financial
Targets and/or accomplishment of key operating objectives determined by the CEO,
each as approved by the Compensation Committee.

      

      With
respect to fiscal year 2008 only, Executive shall be eligible to earn an annual
bonus of up to $278,250 for performance relating to the Lab Support Division, as
determined by the Compensation Committee of the Board based upon the
following:  at the beginning of fiscal year 2008, the CEO and
Executive shall cooperate with each other in good faith to determine plan
targets (the “Financial Targets”), which shall be a combination of targets for
revenue, gross profit and operating margin of the Company’s Lab Support Division
operations.  The Financial Targets shall be subject to approval by the
Compensation Committee of the Board.  Executive shall be entitled to a
bonus of up to 50% of $278,250 (i.e. $139,125) if the Financial Targets, as
approved by the Compensation Committee, are met.  Executive shall be
eligible for an additional bonus of up to 50% of $278,250 (thereby making the
total bonus opportunity 100% of $278,250), upon over-achievement of the Lab
Support Division Financial Targets and/or accomplishment of key operating
objectives determined by the CEO, each as approved by the Compensation
Committee.  With respect to fiscal year 2008 only, Executive shall be
entitled to a guaranteed bonus of $15,000 and shall be eligible to earn an
additional annual bonus of up to $35,000 for performance relating to the Allied
Division, as determined by the Compensation Committee of the Board based upon
the following:  at the beginning of fiscal year 2008, the CEO and
Executive shall cooperate with each other in good faith to determine plan
targets (the “Financial Targets”), which shall be a combination of targets for
revenue, gross profit and operating margin of the Company’s Allied Division
operations.  The Financial Targets shall be subject to approval by the
Compensation Committee of the Board.  Executive shall be entitled to a
bonus of up to 50% of $35,000 (i.e. $17,500) if the Financial Targets, as
approved by the Compensation Committee, are met.  Executive shall be
eligible for an additional bonus of up to 50% of $35,000 (thereby making the
total bonus opportunity 100% of $35,000), upon over-achievement of the Allied
Division Financial Targets and/or accomplishment of key operating objectives
determined by the CEO, each as approved by the Compensation
Committee.

       

      (ii)          
Benefits. 
Executive shall be entitled to the benefits set forth in this Section 1(b)(ii)
during the Service Term, but only during the Service Term unless explicitly
provided to the contrary.  Executive shall be entitled to participate in
and shall receive all benefits under pension benefit plans provided by the
Company (including without limitation participation in any Company incentive,
savings and retirement plans, practices, policies and programs) to the extent
applicable generally to other peer executives of the Company.  In addition,
the Executive and/or the Executive’s family shall be entitled to participate and
shall receive all benefits under welfare plans provided by the Company
(including without limitation medical prescriptions, dental, disability,
employee life, group life, accidental life and travel accident insurance plans)
to the extent and on the same basis applicable generally to other peer
executives of the Company.  In the event that Executive is not eligible to
participate in any of the Company’s welfare benefit plans as of the Start Date,
the Company shall reimburse

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      Executive
for any payments Executive is required to make to his former employer to
continue his participation in each of such employer’s welfare benefit plans,
until such time as Executive is eligible to participate in the analogous welfare
benefit plan of the Company;  provided ,  however , that
Executive shall be entitled to such reimbursement only (a) so long as his
eligibility for the Company’s welfare benefit plans relates to his time of
service with the Company, and (b) upon presentation of reasonably
acceptable documentation and evidence of payment; and  provided
further  that “analogous” shall relate to the subject matter
covered by such plan (
e.g. , medical or dental) and shall not be construed to require the
provision to Executive of identical or substantially equivalent benefits to
those provided by the former employer’s plans.  Executive shall be
reimbursed for customary travel and other expenses, subject to standard and
reasonable documentation requirements.  Such travel reimbursement shall
apply to Executive’s travel to and from the Company’s headquarters in Calabasas,
California, for so long as Executive’s primary place of business is outside of
Calabasas, California.  In addition, Executive will receive a car allowance
of $450 per month, which allowance may be used in Executive’s discretion toward
lease or financing payments, maintenance and/or other car-related
expenses.  Executive shall also be eligible to receive four weeks paid
vacation per annum.

       

      (iii)        
Stock
Options.

       

      (A)         
On the Start Date, Executive received a non-qualified stock option grant for the
purchase of 75,000 shares of the common stock of the Company (the “Common Stock”).  Such
option (i) had an exercise price of the fair market value of the Common
Stock on the date of grant, as determined in accordance with the Company’s
Restated 1987 Stock Option Plan (the “Stock Plan”); (ii) vested over
a four-year period with 25% vesting on the first anniversary of the date of
grant and monthly thereafter at the rate of 1/36
th  of the remainder of the grant (subject to accelerated
vesting upon a change of control or permanent disability to the extent permitted
by the Stock Plan); and (iii) expires not later than the tenth anniversary of
the date of grant.

      

      (1)           On
January 2, 2008, (the “Grant Date”) Executive received a non-qualified stock
option grant for the purchase of 15,000 shares of the common stock of the
Company (the “Common Stock”).  Such option  (i) had an
exercise price of the fair market value of the Common Stock on the Grant Date,
(as determined in accordance with the Company’s Stock Plan; (ii) vests in equal,
consecutive, monthly installments over a four-year period, commencing one month
following the Grant Date (subject to accelerated vesting upon a change of
control or permanent disability to the extent permitted by the Stock Plan); and
(iii) expires not later than the tenth anniversary of the Grant
Date.

      

      (2)           On
January 2, 2008, (the “Grant Date”) Executive  received a grant of
Restricted Stock Units (“RSUs”), each representing the right to receive one
share of Company common stock upon vesting.   The dollar value of
the RSU grant was $50,000 (the “RSU Dollar Value”).  The number of
RSUs comprising Executive’s award was determined by dividing the RSU Dollar
Value by the fair market value (as that term is defined in the Stock Plan) of a
share of the Company’s common stock on the Grant Date.   The
award (i) vests in three equal, consecutive, annual installments, commencing one
year following the Grant Date (subject to accelerated vesting upon a change of
control or permanent disability to the extent permitted by the Stock Plan).
 Shares of Company common stock shall be delivered in respect of RSUs
vesting in accordance with this Section 1(b)(iii)(A)(2) on or as soon as
practicable after the vesting date of such RSUs, but in no event more than
fifteen days after such vesting date(s), with the exact payment dates to be
determined by the Company in its sole discretion.

       

      (B)          
The other terms and conditions of the foregoing option shall be set in
accordance with the Stock Plan and shall be consistent with the terms contained
in stock option agreements provided to other peer executives of the
Company.

       

      (iv)         
Change of
Control; Sale of Division.  Executive shall be
entitled to participate in the Company’s existing Change of Control Severance
Plan as well as any successor plan thereto. In the event the Company sells the
U.S. Lab Support Division to a third party, Executive shall be entitled to
a lump-sum payment equal tothe then applicable Annual Base Salary,
which payment shall (A) be

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      made
within 30 days following the closing of the sale of the Division, and (B) be in
lieu of any other severance or similar payment to which Executive may be
entitled as a result of such sale or Executive’s termination of employment with
the Company in connection therewith, unless such other payment is (or payments
in the aggregate are) greater than the then applicable Annual Base Salary, or
unless Executive otherwise elects in his sole discretion to receive such other
payment(s), in either of which cases Executive shall be entitled to such other
payment(s) but not the lump-sum payment provided by this  Section 1(b)(iv).

       

      (c)           Termination.

       

      (i)           
Events of
Termination.  Executive’s employment
with the Company shall cease upon:

       

      (A)         
Executive’s death.

       

      (B)          
Executive’s voluntary retirement.

       

         
(C)           Executive’s
“Disability” means
Executive has become disabled within the meaning of Section 409A.

       

         
(D)          Termination by the
Company by the delivery to Executive of a written notice from the Board or the
CEO that Executive has been terminated (“Notice of Termination”) with
or without Cause.   “Cause” shall
mean:

       

      (1)          
Executive’s (aa) conviction of a felony; (bb) Executive’s commission of any
other material act or omission involving dishonesty or fraud with respect to the
Company or any of its Affiliates or any of the customers, vendors or suppliers
of the Company or its Subsidiaries; (cc) Executive’s misappropriation of
material funds or assets of the Company for personal use; or (dd) Executive’s
engagement in unlawful harassment or other discrimination with respect to
the employees of the Company or its Subsidiaries;

       

         
(2)           Executive’s
continued substantial and repeated neglect of his duties, after written notice
thereof from the Board or the CEO  and such neglect has not been cured
within 30 days after Executive receives notice thereof;

       

         
(3)           Executive’s
gross negligence or willful misconduct in the performance of his duties
hereunder that is materially and demonstrably injurious to the Company;
or

       

         
(4)           Executive’s
engaging in conduct constituting a breach of Sections
2  or  3  hereof
that is not cured in full within 15 days, and is materially and demonstrably
injurious to the Company, after notice of default thereof, from the Company, as
determined by a court of law.

       

      The
delivery by the Company of notice to Executive that it does not intend to renew
this Agreement as provided in  Section
1(f)  shall constitute a termination by the Company without
Cause if, at the time of such notice, Executive is willing and able to renew the
Agreement and continue providing services on terms and conditions substantially
similar to those contained in this Agreement, provided, that in no event
shall notice which  fulfills the requirements of  Section
1(c)(i)(D)(1), (2), (3) or (4)  above
constitute a termination by the Company without Cause.

       

         
(E)           Executive’s
voluntary resignation for whatever reason by the delivery to the Company and the
Board of at least 14 days’ prior written notice from Executive (or 90 days in
the case of notice to the Company that Executive does not intend to renew this
Agreement as provided in
Section 1(f)).

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (ii)          
Date of
Termination.  “Date
of Termination” means the date on which Executive experiences a
separation from service within the meaning of Section 409A(a)(2)(A)(i) of the
Internal Revenue Code of 1986, as amended, and Treasury Regulation Section
1.409A-1(h) (a “Separation from Service”).

      

      

      (iii)        
Rights on
Termination.

       

      (A)         
In the event that termination is by the Company without Cause (including by
operation of the last paragraph of Section 1(c)(i)(D)
above), the Company will pay Executive (i) an amount equal to 100% of the Annual
Base Salary, payable over  a period of twelve (12) months commencing
on the Date of Termination (the  “Severance Period”
), in substantially equal installments,  on regular salary payment
dates (but no less often than monthly), provided, that payment of the
amounts described in this Section 1(c)(iii)(A) shall not commence until the
Company’s first payroll date occurring on or after the 30th day
following the Date of Termination (the “First Payroll Date”) and any
amounts that would otherwise have been paid prior to the First Payroll Date
shall instead be paid on the First Payroll Date, and (ii) a cash amount equal to the aggregate premiums that the
Company would have paid for basic life insurance, accidental death and
dismemberment insurance and long- and short-term disability insurance, each as
in effect on the Date of Termination, had Executive remained employed by the
Company during the Severance Period (together, “Insurance
Benefits”).  In addition, during the Severance Period, subject
to Executive’s proper election to continue healthcare coverage under the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), the Company will pay
Executive’s COBRA premiums in respect of COBRA benefits to be provided through
third-party insurance maintained by the Company under the Company’s benefit
plans in a manner that causes such COBRA benefits to be exempt from the
application of Section 409A under Treasury Regulation Section 1.409A-1(a)(5),
provided, that if
during the period of continuation coverage, any plan pursuant to which such
benefits are to be provided ceases to be exempt from the application of Section
409A under Treasury Regulation Section 1.409A-1(a)(5), then an amount equal to
each such remaining premium shall thereafter be paid to Executive as currently
taxable compensation in substantially equal monthly installments over the
remainder of the continuation coverage period.  The payments of Annual Base
Salary, COBRA benefits and amounts in lieu of Insurance Benefits in accordance
with this Section 1(c)(iii)(A)  are
collectively referred to as  “Severance
Payments”. In addition, the Company will pay to Executive in a lump sum
any accrued but unused vacation time. This Section 1(c)(iii)(A)
shall not apply unless the Company and Executive have executed a general release
in a form acceptable to the Company. Each payment under Section
1(c)(iii)(A) above shall be treated as a separate payment for the purposes of
Section 409A.

       

      (B)          
If the Company terminates Executive’s employment for Cause, or if Executive
resigns for whatever reason (including by the Executive’s non-renewal of the
Service Term under Section 1(f)  below),
the Company’s obligations to pay any compensation or benefits under this
Agreement (other than accrued but unused vacation time which shall be paid to
Executive in a lump sum payment) and all vesting under all stock options held by
Executive will cease effective as of the Date of Termination.  In such
event, Executive’s rights under stock options vested prior to the Date of
Termination shall not be affected, except to the extent that Executive’s
termination of employment accelerates the termination of such stock
options.  Executive’s right to receive any other health or other benefits,
if any, will be determined under the provisions of applicable plans, programs or
other coverages.

       

      (C)          
If Executive’s employment terminates because of Executive’s death or Disability,
then Executive or his estate shall be entitled to any disability income or life
insurance payments from any insurance policies (other than any  “key man”
life insurance policy) maintained by the Company.  In addition, in the
event of such a termination, for a period of six (6) months commencing on the
Date of Termination, Executive or his estate shall be entitled to payment of an
amount equal to 50% of the Annual Base Salary, payable over six months from
Executive’s death or Disability in approximately equal installments on regular
salary payment dates.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Notwithstanding
the foregoing, the Company’s obligation to Executive for Severance Payments
shall cease if Executive is found by a court of law to be in material violation
of the provisions of  Sections 2 or
3  hereof. 

       

      (d)          
Mitigation. The Company’s obligation to
continue to provide Executive with the Severance Payments pursuant
to  Section
1(c)(iii)(A)  above and the benefits pursuant to the second
sentence of  Section
1(c)(iii)(C)  above shall cease if Executive becomes employed
as a senior executive by a third party.  Executive shall be under no
obligation to seek or accept any employment during the Severance
Period.

       

      (e)          
Liquidated
Damages. The
parties acknowledge and agree that damages which may result to Executive for
termination by the Company without Cause would be extremely difficult or
impossible to establish or prove, and agree that the Severance Pay shall
constitute liquidated damages for any breach of this Agreement by the Company
through the Date of Termination.  Executive agrees that, except for such
other payments and benefits to which Executive may be entitled as expressly
provided by the terms of this Agreement or any applicable Benefit Plan, such
liquidated damages shall be in lieu of all other claims that Executive may make
by reason of termination of his employment or any such breach of this Agreement
and that, as a condition to receiving the Severance Payments, Executive will
execute a contingent mutual release of claims in a form reasonably satisfactory
to both the Company and Executive.

       

      (f)           
Term of
Employment. 
Unless Executive’s employment under this Agreement is sooner terminated as a
result of Executive’s termination in accordance with the provisions of  Section
1(c)  above, Executive’s employment under this Agreement shall
commence on the Start Date and shall terminate on the second anniversary thereof
(the  “Service
Term” );  provided,
however,  that Executive’s employment under this Agreement, and
the Service Term, shall be automatically renewed for additional one-year periods
commencing on such second anniversary and, thereafter, on each successive
anniversary of such date unless either the Company or Executive notifies the
other party in writing at least ninety (90) days prior to any such anniversary
that it or he desires not to renew Executive’s employment under this
Agreement.  All references herein to “Service Term” shall include
any renewals thereof after the second anniversary of the Start
Date.

      

      (g)         Potential Six-Month
Delay.  Notwithstanding anything to the contrary in this
Agreement,  no compensation or benefits, including without limitation
any Severance  Payments in connection with a Separation from Service,
shall be paid to Executive during the 6-month period following his Separation
from Service to the extent that the Company reasonably determines that Executive
is a “specified employee” at the time of such Separation from Service (within
the meaning of Section 409A) and that paying such amounts at the time or times
indicated in this Agreement would be a prohibited distribution under Section
409A(a)(2)(b)(i) of the Code.  If the payment of any such amounts is
delayed as a result of the previous sentence, then on the first business day
following the end of such 6-month period (or such earlier date upon which such
amount can be paid under Section 409A without being subject to such additional
taxes, including as a result of Executive’s death), the Company shall pay to
Executive a lump-sum amount equal to the cumulative amount that would have
otherwise been payable to Executive during such 6-month period, without interest
thereon.

       

      2.            
Confidential
Information; Proprietary Information, etc.

       

      (a)          
Obligation
to Maintain Confidentiality. Executive acknowledges that any Proprietary
Information disclosed or made available to Executive or obtained, observed or
known by Executive as a direct or indirect consequence of his employment with or
performance of services for the Company or any of its Affiliates during the
course of his performance of services for, or employment with, any of the
foregoing Persons (whether or not compensated for such services) and during the
period in which Executive is receiving Severance Payments, are the property of
the Company and its Affiliates.  Therefore, Executive agrees that he will
not at any time (whether during or after Executive’s term of employment)
disclose or permit to be disclosed to any Person or, directly or indirectly,
utilize for his own account or permit to be utilized by any Person any
Proprietary

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      Information
or Records for any reason whatsoever without the Board’s consent. 
Executive agrees to deliver to the Company at the termination of his employment,
as a condition to receipt of the next or final payment of compensation, or at
any other time the Company may request in writing (whether during or after
Executive’s term of employment), all Records which he may then possess or have
under his control. Executive further agrees that any property situated on the
Company’s or its Affiliates’ premises and owned by the Company or its
Affiliates, including disks and other storage media, filing cabinets or other
work areas, is subject to inspection by Company or its Affiliates and their
personnel at any time with or without notice.

       

      (b)          
Ownership
of Property.
Executive acknowledges that all inventions, innovations, improvements,
developments, methods, processes, programs, designs, analyses, drawings, reports
and all similar or related information (whether or not patentable) that relate
to the Company’s or any of its Affiliates’ actual or anticipated business,
research and development, or existing or future products or services and that
are conceived, developed, contributed to, made, or reduced to practice by
Executive (either solely or jointly with others) while employed by the Company
or any of its Affiliates (including any of the foregoing that constitutes any
Proprietary Information or Records) (“Work Product”) belong to the
Company or such Affiliate and Executive hereby assigns, and agrees to assign,
all of the above Work Product to the Company or such Affiliate.  Any
copyrightable work prepared in whole or in part by Executive in the course of
his work for any of the foregoing entities shall be deemed a “work made for
hire” under the copyright laws, and the Company or such Affiliate shall own all
rights therein. To the extent that any such copyrightable work is not a “work
made for hire,” Executive hereby assigns and agrees to assign to Company or such
Affiliate all right, title and interest, including without limitation, copyright
in and to such copyrightable work.  Executive shall promptly disclose such
Work Product and copyrightable work to the Board and perform all actions
reasonably requested by the Board (whether during or after Executive’s term of
employment) to establish and confirm the Company’s or its Affiliate’s ownership
(including, without limitation, execution of assignments, consents, powers of
attorney and other instruments).  Notwithstanding anything contained in
this  Section
2(b)  to the contrary, the Company’s ownership of Work Product
does not apply to any invention that Executive develops entirely on his own time
without using the equipment, supplies or facilities of the Company or its
Affiliates or Subsidiaries or any Proprietary Information (including trade
secrets), except that the Company’s ownership of Work Product does include those
inventions that:  (a) relate to the business of the Company or its
Affiliates or Subsidiaries or to the actual or demonstrably anticipated research
or development relating to the Company’s business; or (b) result from any work
that Executive performs for the Company or its Affiliates or
Subsidiaries.

       

      (c)          
Third
Party Information. Executive understands that
the Company and its Affiliates will receive from third parties confidential or
proprietary information (“Third
Party Information”) subject to a duty on the Company’s and its
Affiliates’ part to maintain the confidentiality of such information and to use
it only for certain limited purposes.  During the term of Executive’s
employment and thereafter, and without in any way limiting the provisions
of  Sections
2(a)  and  2(b) above, Executive
shall hold Third Party Information in the strictest confidence and shall not
disclose to anyone (other than personnel of the Company or its Affiliates
who need to know such information in connection with their work for the Company
or its Affiliates) or use, except in connection with his work for the Company or
its Affiliates, Third Party Information unless expressly authorized by a member
of the Board in writing.

       

      (d)          
No
Restriction on Executive’s Use of Prior Knowledge.  Nothing in this Section 2 or in the
definitions of Proprietary Information or Third Party Information shall be
construed to prevent Executive from disclosing or using in future employment or
business ventures (i) any information known to him prior to the Start Date,
(ii) his general knowledge and experience or (iii) information known
or which becomes generally known to and available for use by the public other
than as a direct or indirect result of Executive’s acts or omissions to
act.

       

      (e)          
Use of
Confidential Information of Prior Employers, etc. Executive will abide by
any enforceable obligations contained in any agreements that Executive has
entered into with his prior employers or other parties to whom Executive has an
obligation of confidentiality.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      (f)           
Compelled
Disclosure. If
Executive is required by law or governmental regulation or by subpoena or other
valid legal process to disclose any Proprietary Information or Third Party
Information to any Person, Executive will immediately provide the Company with
written notice of the applicable law, regulation or process so that the Company
may seek a protective order or other appropriate remedy.  Executive will
cooperate fully with the Company and the Company’s Representatives in any
attempt by the Company to obtain any such protective order or other
remedy.  If the Company elects not to seek, or is unsuccessful in
obtaining, any such protective order or other remedy in connection with any
requirement that Executive disclose Proprietary Information or Third Party
Information, and if Executive furnishes the Company with a written opinion of
reputable legal counsel acceptable to the Company confirming that the disclosure
of such Proprietary Information or Third Party Information is legally required,
then Executive may disclose such Proprietary Information or Third Party
Information to the extent legally required;  provided,
however,  that Executive will use his best efforts to ensure
that such Proprietary Information is treated confidentially by each Person to
whom it is disclosed.

       

      3.            
Nonsolicitation.

       

      (a)          
Nonsolicitation.  As long as Executive
is an employee of the Company or any Affiliate thereof, and for one (1) year
thereafter, Executive shall not directly or indirectly through another
Person:

       

      (i)           
induce or attempt to induce any employee of the Company or any Affiliate to
leave the employ of the Company or such Affiliate, or in any way interfere with
the employment relationship between the Company or any Affiliate and any
employee thereof;

      

      (ii)          
hire or seek to hire any Person who is or was an employee of the Company or any
Affiliate as of the earlier of (A) the date that notice of termination of
Executive’s employment is given by Executive or the Company pursuant to this
Agreement, and (B) the Date of Termination;  provided, however
, that Executive shall be permitted to hire any such employee who, at his or her
own initiative and not at the direct or indirect suggestion or behest of
Executive, approaches Executive after the Date of Termination for the purpose of
gaining employment with Executive, or responds to a general employment
advertisement that is not specifically directed at the employee, the Company’s
employees generally or any subset of the Company’s employees; or

       

      (iii)         
induce or attempt to induce any customer, client, supplier, licensee or other
business relation of the Company or any Affiliate (each, a “Business Relation”) to cease
doing business with the Company or such Affiliate, or in any other way interfere
with the business relationship between any Business Relation and the Company or
an Affiliate;  provided, however
, that this restriction shall not apply to (A) Executive’s response
to an indication by a Business Relation, at his, her or its own initiative
and not at the direct or indirect suggestion or behest of Executive, of interest
in procuring services offered (directly or indirectly) by Executive, or
(B) any general advertisement that is not specifically directed at such
Business Relation, the Business Relations of the Company generally or any subset
of the Company’s Business Relations.

       

      (b)          
Acknowledgment. Executive acknowledges that
in the course of his employment with the Company and its Affiliates, he has and
will become familiar with the trade secrets and other Proprietary Information of
the Company and its Affiliates. It is specifically recognized by Executive that
his services to the Company and its Subsidiaries are special, unique and of
extraordinary value, that the Company has a protectable interest in prohibiting
Executive as provided in this  Section 3 , that
money damages are insufficient to protect such interests, that there is adequate
consideration being provided to Executive hereunder, that such prohibitions are
necessary and appropriate without regard to payments being made to Executive
hereunder and that the Company would not enter this Agreement with Executive
without the restrictions of this Section 3 . 
Executive further acknowledges that the provisions of this Section 3 are
separate and independent of the other sections of this Agreement.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (c)          
Enforcement,
etc.  If, at
the time of enforcement of Section 2 or 3 of this Agreement,
a court holds that the restrictions stated herein are unreasonable under
circumstances then existing, the parties hereto agree that the maximum duration,
scope or geographical area reasonable under such circumstances as determined by
the court shall be substituted for the stated period, scope or area. 
Because Executive’s services are unique, because Executive has access to
Proprietary Information and for the other reasons set forth herein, the parties
hereto agree that money damages would be an inadequate remedy for any breach of
this Agreement.  Therefore, without limiting the generality of Section 7(g), in the
event of a breach or threatened breach of this Agreement, the Company or its
successors or assigns may, in addition to other rights and remedies existing in
their favor, 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.

       

      (d)           Submission
to Jurisdiction.  The parties hereby:
(i) submit to the jurisdiction of any state or federal court sitting in
California in any action or proceeding arising out of or relating to Section 2
and/or 3
of this Agreement; (ii) agree that all claims in respect of such action or
proceeding may be heard or determined in any such court; and (iii) agree not to
bring any action or proceeding arising out of or relating to Section 2
and/or 3
of this Agreement in any other court.  The parties hereby waive any defense
of inconvenient forum to the maintenance of any action or proceeding so
brought.  The parties hereby agree that a final judgment in any action or
proceeding so brought shall be conclusive and may be enforced by suit on the
judgment or in any other manner provided by law.

       

      GENERAL
PROVISIONS

       

      4.             Definitions.

       

      “Affiliate” of any Person
means any other Person that directly or indirectly controls, is controlled by or
is under common control with such Person.

       

      “Board” means the Company’s
board of directors or the board of directors or similar management body of any
successor of the Company.

       

      “Person” means an individual,
a partnership, a limited liability company, a corporation, an association, a
joint stock company, a trust, a joint venture, an unincorporated organization
and a governmental entity or any department, agency or political subdivision
thereof.

       

      “Proprietary Information”
means any and all data and information concerning the business affairs of the
Company or any of its Affiliates and not generally known in the industry in
which the Company or any of its Affiliates is or may become engaged, and any
other information concerning any matters affecting or relating to the Company’s
or its Affiliates businesses, but in any event Proprietary Information shall
include, any of the Company’s and its Affiliates’ past, present or prospective
business opportunities, including information concerning acquisition
opportunities in or reasonably related to the Company’s or its Affiliates
businesses or industries, customers, customer lists, clients, client lists, the
prices the Company and its Affiliates obtain or have obtained from the sale of,
or at which they sell or have sold, their products, unit volume of sales to past
or present customers and clients, or any other information concerning the
business of the Company and its Affiliates, their manner of operation, their
plans, processes, figures, sales figures, projections, estimates, tax records,
personnel history, accounting procedures, promotions, supply sources, contracts,
know-how, trade secrets, information relating to research, development,
inventions, technology, manufacture, purchasing, engineering, marketing,
merchandising or selling, or other data without regard to whether all of the
foregoing matters will be deemed confidential, material or important. 
Proprietary Information does not include any information that Executive has
obtained from a Person other than an employee of the Company, which was
disclosed to him without a breach of a duty of confidentiality.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      “Records” means (i) any and
all procedure manuals, books, records and accounts; (ii) all property of the
Company and its Affiliates, including papers, note books, tapes and similar
repositories containing Proprietary Information; (iii) all invoices and
commission reports; (iv) customerlists — partial and/or complete; (v) data
layouts, magnetic tape layouts, diskette layouts, etc.; (vi) samples; (vii)
promotional letters, brochures and advertising materials; (viii) displays and
display materials; (ix) correspondence and old or current proposals to any
former, present or prospective customer of the Company and its Affiliates; (x)
information concerning revenues and profitability and any other financial
conditions of the Company and its Affiliates; (xi) information concerning the
Company and its Affiliates which was input by Executive or at his direction,
under his supervision or with his knowledge, including on any floppy disk,
diskette, cassette or similar device used in, or in connection with, any
computer, recording devices or typewriter; (xii) data, account information or
other matters furnished by customers of the Company and its Affiliates; and
(xiii) all copies of any of the foregoing data, documents or devices whether in
the form of carbon copies, photo copies, copies of floppy disks, diskettes,
tapes or in any other manner whatsoever.

       

      “Subsidiary” means any
corporation of which the Company owns securities having a majority of the
ordinary voting power in electing the board of directors directly or through one
or more subsidiaries.

       

      5.             Notices. Any notice provided for in
this Agreement must be in writing and must be either personally delivered,
mailed by first class United States mail (postage prepaid, return receipt
requested) or sent by reputable overnight courier service (charges prepaid) or
by facsimile to the recipient at the address below indicated:

       

      If to Executive: to
the most current home address on file with the Company’s Human Resources
department,

       

      

       

       

      If to the
Company:

       

      26651
West Agoura Road

      Calabasas,
California 91302

      
        	
                Attention:

              	
                Chief
      Executive Officer and Vice President of Human Resources

              
	
                Tel
      No.:

              	
                (818)
      871-3300

              
	
                Fax
      No.:

              	
                (818)
      880-0056

              

      

       

       

      or such
other address or to the attention of such other person as the recipient party
shall have specified by prior written notice to the sending party.

       

      6.             Executive’s
Representations and Warranties.  Executive represents
and warrants that he has full and authority to enter into this Agreement and
fully to perform his obligations hereunder, that he is not subject to any
non-competition agreement, and that his past, present and anticipated future
activities have not and will not infringe on the proprietary rights of others,
including, but not limited to, proprietary information rights or interfere with
any agreements he has with any prior employee.  Executive further
represents and warrants that he is not obligated under any contract (including
licenses, covenants or commitments of any nature) or other agreement, or subject
to any judgment, decree or order of any court or administrative agency, which
would conflict with or result in a breach of this Agreement or which would in
any manner interfere with the performance of his duties for the
Company.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

        7.             Section
409A.  

      

      (a)         General.  The
payments and benefits provided hereunder are intended to be exempt from or
compliant with the requirements of Section 409A.  Notwithstanding any
provision of this Agreement to the contrary, in the event that following the
effective date hereof, the Company reasonably determines that any payments or
benefits hereunder

      

      are not
either exempt from or compliant with the requirements of Section 409A, the
Company and Executive shall work together to adopt such amendments to this
Agreement or adopt such other policies and procedures (including amendments,
policies and procedures with retroactive effect), or take any other actions,
that are necessary or appropriate (i) to preserve the intended tax treatment of
the payments and benefits provided hereunder, to preserve the economic benefits
with respect to such payments and benefits, and/or (ii) to exempt such payments
and benefits from Section 409A or to comply with the requirements of Section
409A and thereby avoid the application of penalty taxes thereunder, provided ̧ that the Company
shall have no obligation to take any action described in this Section 7(a) or to
indemnify Executive for any failure to take any such action.

      

                (b)
           Certain
Reimbursements.  To the extent that any reimbursements
hereunder constitute taxable compensation to Executive, such reimbursements
shall be made to Executive promptly, but in no event after December 31st of the
year following the year in which the expense was incurred, the amount of any
such amounts reimbursed in one year shall not affect the amount eligible for
reimbursement in any subsequent year, and Executive’s right to reimbursement of
any such expenses shall not be subject to liquidation or exchange for any other
benefit.

      

      8.          General
Provisions.

       

      (a)           Expenses. Each party shall bear his or
its own expenses in connection with the negotiation and execution of this
Agreement and the consummation of the transactions contemplated by this
Agreement.

       

      (b)           Severability.  Whenever possible,
each provision of this Agreement will be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Agreement
is held to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability will not affect any other provision or any other jurisdiction,
but this Agreement will be reformed, construed and enforced in such jurisdiction
as if such invalid, illegal or unenforceable provision had never been contained
herein.

       

      (c)           Complete
Agreement. This
Agreement and those documents expressly referred to herein embody the complete
agreement and understanding among the parties and supersede and preempt any
prior understandings, agreements or representations by or among the parties,
written or oral, which may have related to the subject matter hereof in any way,
including without limitation, the Prior Agreement (as amended).

       

      (d)           Counterparts;
Facsimile Transmission. This Agreement may be
executed in two counterparts, each of which shall deemed to be an original and
both of which taken together shall constitute one and the same
agreement.  Each party to this Agreement agrees that it will be bound by
its own telecopied signature and that it accepts the telecopied signature of
each other party to this Agreement.

       

      (e)           Successors
and Assigns.
Except as otherwise provided herein, this Agreement shall bind and inure to the
benefit of and be enforceable by Executive, the Company and their respective
successors and assigns;
provided that the rights and obligations of Executive under this
Agreement shall not be assignable and, provided further that, the
rights and obligations of the Company may be assigned to any Affiliate of the
Company.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      (f)            Choice of
Law; Jurisdiction. All questions concerning the
construction, validity and interpretation of this Agreement will be governed by
and construed in accordance with the internal laws of the State of Delaware,
without giving effect to any choice of law or conflict of law provision or rule
(whether of the State of Delaware or any other jurisdiction) that would cause
the application of the laws of any jurisdiction other than the State of
Delaware.  The parties hereby: (i) submit to the jurisdiction of any state
or federal court sitting in California in any action or proceeding arising out
of or relating to Agreement; (ii) agree that all claims in respect of such
action or proceeding may be heard or determined in any such court; and (iii)
agree not to bring any action or proceeding arising out of or relating to this
Agreement

      

      in any
other court. Executive hereby waives any defense of inconvenient forum to
the maintenance of any action or proceeding so brought and waives any bond,
surety or other security that might be required of any other party with respect
thereto. The parties hereby agree that a final judgment in any action or
proceeding so brought shall be conclusive and may be enforced by suit on the
judgment or in any other manner provided by law.

       

      (g)           Remedies. Each of the parties to this
Agreement will be entitled to enforce its rights under this Agreement
specifically to recover damages and costs (including reasonable attorney’s fees)
caused by any breach of any provision of this Agreement and to exercise all
other rights existing in its favor. The parties hereto agree and acknowledge
that money damages may not be an adequate remedy for any breach of the
provisions of this Agreement and that any party may in its sole discretion apply
to any court of law or equity of competent jurisdiction (without posting any
bond or deposit) for specific performance and/or other injunctive relief in
order to enforce or prevent any violations of the provisions of this
Agreement.

       

      (h)           Amendment
and Waiver. The
provisions of this Agreement may be amended or and waived only with the prior
written consent of the Company and Executive.

       

      (i)            Business
Days. If any time
period for giving notice or taking action hereunder expires on a day which is a
Saturday, Sunday or holiday in the state in which the Company’s chief executive
office is located, the time period shall be automatically extended to the
business day immediately following such Saturday, Sunday or
holiday.

       

      (j)           
Termination. This
Agreement shall survive the termination of Executive’s employment with the
Company and shall remain in full force and effect after such
termination.

       

      (k)           No
Waiver. A waiver
by any party hereto of any right or remedy hereunder on any one occasion shall
not be construed as a bar to any right or remedy that such party would otherwise
have on any future occasion.  No failure to exercise nor any delay in
exercising on the part of any party hereto, any right, power or privilege
hereunder shall preclude any other or further exercise thereof or the exercise
of any other right, power or privilege.  The rights and remedies herein
provided are cumulative and may be exercised singly or concurrently, and are not
exclusive of any rights or remedies provided by law.

       

      (l)            Insurance.  The Company, at its
discretion, may apply for and procure in its own name for its own benefit life
and/or disability insurance on Executive in any amount or amounts considered
available. Executive agrees to cooperate in any medical or other examination,
supply any information, and to execute and deliver any applications or other
instruments in writing as may be reasonably necessary to obtain and constitute
such insurance. Executive hereby represents that he has no reason to believe
that his life is not insurable at rates now prevailing for healthy men of his
age.

       

      (m)          Offset.  Except as prohibited
by applicable law, whenever the Company or any of its Subsidiaries is obligated
to pay any sum to Executive or any Affiliate or related person thereof pursuant
to this Agreement, any bona fide debts that Executive or such Affiliate or
related person owes to the Company or any of its Subsidiaries may be deducted
from that sum before payment, to the greatest extent permitted under applicable
law.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

       

      (n)           Withholding.  The Company and its
Subsidiaries shall be entitled to deduct or withhold from any amounts owing from
the Company or any of its Subsidiaries to Executive any federal, state,
provincial, local or foreign withholding taxes, excise taxes, or employment
taxes ( “Taxes” )
imposed with respect to Executive’s compensation or other payments from the
Company or any of its Subsidiaries or Executive’s ownership interest in the
Company, including, but not limited to, wages, bonuses, the receipt or exercise
of stock options and/or the receipt or vesting of restricted stock.

       

      (o)           Insurance
and Indemnification.  For the period from the date of this Agreement
through at least the tenth anniversary of Executive’s termination of employment
from the Company, the Company shall maintain Executive as an insured party on
all directors’ and officers’ insurance maintained by the Company for the benefit
of its directors and officers on at least the same basis as all other
covered individuals and provide Executive with at least the same corporate
indemnification as it provides to the peer executives of the
Company.

       

      

      

       

      IN WITNESS WHEREOF, the
parties hereto have executed this Agreement as of the date set forth in the
Preamble hereto.

       

      
        	 
      	
                On
      Assignment, Inc.

              
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                By:

              	 /s/
      Peter Dameris	 
      
	 
      	
                Name:

              	
                Peter
      Dameris

              	 
      
	 
      	
                Title:

              	
                Executive
      Vice President

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 /s/
      Emmett McGrath 	 
      
	 
      	
                Emmett
      McGrathex10_21.htm

    AMENDED
AND RESTATED EXECUTIVE CHANGE OF CONTROL AGREEMENT

     

    This
Executive Change of Control Agreement (this “Agreement”),
made as of the 31st day of December, 2004, by and between On Assignment, Inc., a
Delaware corporation (the “Company”),
and Peter T. Dameris (the “Executive”),
is amended and restated as of December 11, 2008.

     

    Recitals

     

    A.           
The Executive currently serves as the President and Chief Executive Officer of
the Company.  The Company and the Executive are parties to that certain
Senior Executive Agreement dated as of October 27, 2003 (as amended from time to
time, the “Employment
Agreement ”).

     

    B.           
Pursuant to the terms of the Employment Agreement and the terms of the Company’s
Change in Control Severance Plan (the “ASGN Severance
Plan ”), the Executive was entitled to receive certain severance benefits
in the event of a change in control of the Company.

     

    C.           
The Board of Directors of the Company (the “Board”),
has determined that it is in the best interests of the Company and its
stockholders to assure that the Company will have the continued dedication of
the Executive, notwithstanding the possibility, threat or occurrence of a Change
of Control (as defined herein).  The Board believes it is imperative to
diminish the inevitable distraction of the Executive by virtue of the personal
uncertainties and risks created by a pending or threatened Change of Control and
to encourage the Executive’s full attention and dedication to the current
Company in the event of any threatened or pending Change of Control, and to
provide the Executive with compensation and benefits arrangements upon a Change
of Control that ensure that the compensation and benefits expectations of the
Executive will be satisfied and that are competitive with those of other
corporations.  Therefore, in order to accomplish these objectives, the
Board has caused the Company to modify the ASGN Severance Plan to eliminate its
coverage of the Executive and to enter into this Agreement.

     

    Agreement

     

    In
consideration of the foregoing and the mutual covenants and promises contained
herein, the parties agree as follows:

     

    1.             Certain
Definitions.  Capitalized terms (such as “Cause”)
not otherwise defined herein shall have the meanings set forth in the Employment
Agreement.  In addition to the terms defined elsewhere herein, the
following terms shall have the respective meanings set forth below:

     

    (a)          
“Accrued
Compensation” means an amount including all amounts earned or accrued
through the termination date but not paid as of the termination date including
(i) Base Salary, (ii) reimbursement for reasonable and necessary expenses
incurred by you on behalf of the Company during the period ending on the
termination date, (iii) vacation and sick leave pay (to the extent provided by
Company policy or applicable law), and (iv) incentive compensation (if any)
earned in respect of any period ended prior to the termination date. 
 It is expressly understood that incentive compensation shall have been
“earned” as of the time that the conditions to such incentive compensation have
been met, even if not calculated or payable at such time.

     

    (b)          
“Affiliated
Company” means any company controlled by, controlling or under common
control with the Company.

     

    (c)          
“Base
Salary” means the Executive’s Annual Base Salary (as defined
in Section 1(b)(i)
of the Employment Agreement) at the rate in effect during the last regularly
scheduled payroll period immediately preceding the occurrence of the Change in
Control and does not include, for example, bonuses, overtime compensation,
incentive pay, fringe benefits, sales commissions or expense
allowances.

    

    (d)          
“Cause” has
the meaning given to it in the Employment Agreement.

     

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

    (e)          
“Change of
Control” shall be deemed to occur upon the consummation of any of the
following transactions:

     

    (i)           
a merger or consolidation in which the Company is not the surviving entity,
except for a transaction the principal purpose of which is to change the state
of the Company’s incorporation or a transaction in which 50% or more of the
surviving entity’s outstanding voting stock following the transaction is held by
holders who held 50% or more of the Company’s outstanding voting stock prior to
such transaction; or

     

    (ii)          
the sale, transfer or other disposition of all or substantially all of the
assets of the Company; or

     

    (iii)         
any reverse merger in which the Company is the surviving entity, but in which
50% or more of the Company’s outstanding voting stock is transferred to holders
different from those who held the stock immediately prior to such merger;
or

     

    (iv)         
the acquisition by any person (or entity) directly or indirectly of 50% or more
of the combined voting power of the outstanding shares of Company capital stock;
or

     

    (v)          
during any period of two (2) consecutive years (not including any period prior
to the date of this Agreement), individuals who at the beginning of such period
constitute the Board (and any new director, whose election by the Company’s
stockholders was approved by a vote of at least [two-thirds (2/3)] of the
directors then still in office who either were directors at the beginning of the
period or whose election or nomination for election was so approved), cease for
any reason to constitute a majority thereof; provided, however, that any
individual becoming a director subsequent to the date hereof whose election, or
nomination for election by the Company’s stockholders, was approved by a vote of
at least [a majority] of the directors then comprising the Board on the date
hereof (the “Incumbent
Board ”) shall be considered as though such individual were a member of
the Incumbent Board, but excluding, for purposes of this proviso, any such
individual whose initial assumption of office occurs as a result of an actual or
threatened election contest with respect to the election or removal of directors
or other actual or threatened solicitation of proxies or consents by or on
behalf of a Person other than the Board.

     

    (f)           
“Change of
Control Period” means the period commencing on the date hereof and ending
on the third anniversary of the date hereof; provided, however, that, commencing
on the date two years after the date hereof, and on each annual anniversary of
such date (such date and each annual anniversary thereof, the “Renewal
Date ”), the Change of Control Period shall be automatically extended so
as to terminate two years from such Renewal Date, unless at least 60 days prior
to the Renewal Date, the Company gives notice to the Executive that the Change
of Control Period shall not be extended.

     

    (g)          
“Date of
Termination” means the date on which the Executive experiences a
Separation from Service.

     

    (h)          
“Involuntary
Termination” shall mean the termination of Executive’s employment with
the Company (or, if applicable, successor entity) other than by reason of death
or disability:

     

    (i)           
upon Executive’s involuntary discharge or dismissal other than for
Cause,

     

    (ii)          
upon Executive’s resignation for Good Reason in accordance with the terms of
Section 1(c)(i)(E)
of the Employment Agreement,

    (iii)         
upon Executive’s resignation following (A) a reduction in Executive’s level of
Base Salary or any Target Bonus (unless, in the case of a reduction in any
Target Bonus, there is a corresponding increase in the level of Base Salary such
that, in the aggregate, Executive is no worse off) or (B) a material reduction
in Executive’s benefits, provided and only if
such change or reduction is effected without Executive’s written concurrence,
or

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

     

    (iv)         
upon Executive’s resignation following a change in the Executive’s position with
the Company (or, if applicable, with the successor entity) that is effected
without the Executive’s consent and that materially reduces his level of
responsibility or authority, other than reductions attributable to the Company
ceasing to be a publicly held company or becoming a subsidiary or division of
another company.

     

    Except as
provided in Section 2(b), for purposes of this Agreement any determination of
“Involuntary Termination” made by the Company or the Executive shall be made in
good faith.  Any dispute regarding same shall be promptly resolved by
arbitration in accordance with the provisions of Sections 8(g)
and (h)
below.

     

    (i)           
“Pro Rata
Bonus” means an amount equal to 100% of the Target Bonus that the
Executive would have been eligible to receive for the Company’s fiscal year in
which the Executive’s employment terminates following a Change of Control,
multiplied by a fraction, the numerator of which is the number of days in such
fiscal year through the Termination Date and the denominator of which is
365.

     

    (j)             “Separation from
Service” means a “separation from service” within the meaning of Section
409A(a)(2)(A)(i) of the Code, and Treasury Regulation Section
1.409A-1(h).

    

    (k)           
“Target
Bonus” shall mean the bonus which would have been paid to the Executive
for full achievement of the Company’s base business plan or budget and/or for
the attainment of specific performance objectives pertaining to the business of
the Company or any of its specific business units or divisions, or to individual
performance criteria applicable to the Executive or his position, which
objectives have been established by the Board of Directors (or the Compensation
Committee thereof) for the Executive relating to such plan or budget for the
year in question.  “Target
Bonus ” shall not mean the “maximum bonus” which the Executive might have
been paid for overachievement of such plan.

     

    2.             Involuntary Termination of
Employment Following a Change in Control.

     

    (a)          
Subject to the terms of this Agreement, the Executive shall be entitled to
receive severance payments from the Company for services previously rendered to
the Company and its Affiliated Companies if all of the following conditions are
met:  (1) a Change of Control occurs during the Change of Control
Period, (2) the Executive’s employment is terminated under circumstances
constituting an Involuntary Termination, and (3) the Date of Termination
occurs during the period commencing upon such Change of Control and ending on
the date that is six (6) calendar months and ten (10) business days following
the Change of Control.  In such event, the severance provisions of this
Agreement shall control and take precedence over any inconsistent terms of the
Employment Agreement (including without limitation Section 1(c)(iii)),
and the Company shall, subject to Section 8 below:

     

    (i)           
within 30 days after the Date of Termination (or such earlier date as may be
required by applicable law), pay to the Executive the Executive’s Accrued
Compensation and Pro-Rata Bonus;

     

    (ii)          
within 30 days after the Date of Termination (with the exact payment date to be
determined in the sole discretion of the Company), pay to the Executive the
amount equal to the product of (i) 3.00 and (ii) the sum of
(A) the Executive’s Base Salary and (B) the Executive’s Target
Bonus;

    (iii)            for
a period of eighteen (18) months after the Date of Termination, continue to
provide the Executive with his car allowance as in effect immediately prior to
the Change of Control, payable in substantially equal monthly installments
commencing on the Date of Termination, provided, however that if the
Executive becomes reemployed with another employer and is eligible to receive a
car allowance, the Company shall be relieved of its obligation to pay the
Executive’s car allowance;

     

    (iv)         
for eighteen (18) months after the Date of Termination, orsuch longer period as
may be provided by the terms of the appropriate plan, program, practice or
policy,

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

    

    subject
to the Executive’s proper election to continue healthcare coverage under the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), the Company
will pay the Executive’s and/or the Executive’s family’s COBRA premiums in
respect of COBRA benefits to be provided at the levels being provided to the
Executive and/or the Executive’s family immediately prior to the Change of
Control through third-party insurance maintained by the Company under the
Company’s benefit plans in a manner that causes such COBRA benefits to be exempt
from the application of Section 409A under Treasury Regulation Section
1.409A-1(a)(5); provided,
however, that if the Executive becomes reemployed with another employer
and is eligible to receive medical or other welfare benefits under another
employer provided plan, the benefits described in this Section 2(a)(iv) shall be
secondary to those provided under such other plan during such applicable period
of eligibility, provided,
further, that if during the period of continuation coverage, any plan
pursuant to which such benefits are to be provided ceases to be exempt from the
application of Section 409A under Treasury Regulation Section 1.409A-1(a)(5),
then an amount equal to each such remaining premium shall thereafter be paid to
the Executive as currently taxable compensation in substantially equal monthly
installments over the remainder of the continuation coverage
period;

     

    (v)                  within
30 days after the Date of Termination (with the exact payment date to be
determined in the sole discretion of the Company), subject to Section 8(c)
below, pay to the Executive a cash amount equal to the aggregate premiums that
the Company would have paid for basic life insurance, accidental death and
dismemberment insurance and long- and short-term disability insurance, each as
in effect on the Date of Termination, had the Executive remained employed by the
Company for eighteen (18) months after the Date of Termination;

    

    (vi)                           
during the eighteen (18) month period immediately following the Date of
Termination, pay to the Executive, in substantially equal monthly installments,
an amount equal to the aggregate contribution (if any) to the Company’s Deferred
Compensation Plan and other retirement plans that the Company would have made on
behalf of the Executive (including matching contributions) if the Executive’s
employment continued for eighteen (18) months after the Date of Termination,
assuming for this purpose that all benefits under such retirement plans are
fully vested and that the Executive’s compensation during such eighteen (18)
months were the same as it had been immediately prior to the Change of Control,
(for clarification and avoidance of doubt, the foregoing provision applies only
to amounts contributed by the Company to Executive’s Deferred Compensation Plan
account, such as amounts contributed by the Company to match the Executive’s
deferral amounts, but does not apply to any amounts deferred by Executive, the
payout of which shall remain subject to and governed by the terms and conditions
of the Deferred Compensation Plan); and

     

    (vii)          
provide the Executive, at the Company’s expense, with outplacement services
reasonably selected by the Executive,  provided, however, that the cost to the
Company shall not exceed $15,000 and such services shall be provided to
Executive no later than the end of the second calendar year following that in
which the Date of Termination occurs.

     

    

    (b)          
Anything in this Agreement to the contrary notwithstanding, a termination of
employment by the Executive for any reason or for no reason during the period
commencing on the date that is six months after the date of a Change of Control
and ending ten (10) business days thereafter shall be deemed to be an
“Involuntary Termination” for all purposes of this Agreement.

     

    3.             Termination of Employment
Following a Change of Control for Cause or Other Than in Connection with an
Involuntary Termination.  If following a Change of Control the
Executive’s employment is terminated for Cause or the Executive resigns other
than in connection with an Involuntary Termination or due to the Executive’s
death or disability, this Agreement shall terminate without further obligations
to the Executive and all obligations and rights of the Executive and the Company
shall be governed by the appropriate operative provisions of the Employment
Agreement.  The Executive shall not be deemed to have been terminated for
Cause under this Agreement, unless such termination is made in full compliance
with the terms of Section 1(c)(i)(D) of the Employment Agreement, including
without limitation the provisions relating to notice, the opportunity to be
heard by the Board, the

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

    determination
of “Cause” being made by a majority of the directors of the Company and the
Executive’s right to appeal any such determination.

     

    4.             Effect on Option, Restricted
Stock and Restricted Unit Agreements.  Immediately prior to a Change
in Control, the vesting and exercisability of all stock options, restricted
stock and restricted stock unit grants made to the Executive by the Company
which are outstanding at the time of such event shall be accelerated with
respect to all shares subject thereto, provided, however, that notwithstanding
the foregoing, (i) all outstanding TSR Performance-Vesting RSU Grants and EBITDA
Performance-Vesting Restricted Stock Grants (each as defined in the Employment
Agreement) which have not previously vested (and in the case of outstanding
EBITDA Performance-Vesting Restricted Stock Grants, have not previously been
earned and/or vested) shall vest only in accordance with the attainment of
applicable Performance Goals (as defined in the Employment Agreement) in
accordance with the terms of the Employment Agreement applicable to such Grants
in the event of a Change in Control, and (ii) payment in respect of any
restricted stock units shall be made in accordance with the terms of such
restricted stock units.  Accordingly, all stock options shall be
exercisable at such time in accordance with their terms.  This Agreement is
intended to amend all stock option, restricted stock and restricted stock unit
grants previously awarded to the Executive to accelerate vesting as described
above to the extent vesting would not otherwise be accelerated under the terms
of such stock option, restricted stock and restricted stock unit grants. 
The Company agrees for purposes of determining the continued exercisability of
Executive’s stock options outstanding on the Date of Termination, Executive
shall be considered to have remained employed by the Company until the date that
is eighteen (18) months from the Date of Termination, provided, however, that in no event
shall any stock option remain exercisable beyond the earlier to occur of the
tenth anniversary of the applicable grant date or the stock option’s stated
expiration date.

    

    5.             Certain Additional Payments
by the Company.

     

    (a)          
Anything to the contrary in this Agreement or any other agreement, plan,
contract or understanding entered into between Executive and Company
notwithstanding, and except as set forth below, in the event it shall be
determined that any Payment would be subject to the Excise Tax, then the
Executive shall be entitled to receive an additional payment (the “Gross-Up
Payment”) in an amount such that, after payment by the Executive of all
taxes (and any interest or penalties imposed with respect to such taxes),
including, without limitation, any income taxes (and any interest and penalties
imposed with respect thereto) and Excise Tax imposed upon the Gross-Up Payment,
the Executive retains an amount of the Gross-Up Payment equal to the Excise Tax
imposed upon the Payments.  The Company’s obligation to make Gross-Up
Payments under this Section 5 shall not
be conditioned upon the Executive’s termination of employment.

     

    (b)          
Subject to the provisions of Section 5(c), all
determinations required to be made under this Section 5, including
whether and when a Gross-Up Payment is required, the amount of such Gross-Up
Payment and the assumptions to be utilized in arriving at such determination,
shall be made by Deloitte & Touche, LLP, or such other nationally
recognized certified public accounting firm as may be designated by the
Executive (the “Accounting
Firm”).  The Accounting Firm shall provide detailed supporting
calculations both to the Company and the Executive within 15 business days of
the receipt of notice from the Executive that there has been a Payment or such
earlier time as is requested by the Company.  In the event that the
Accounting Firm is serving as accountant or auditor for the individual, entity
or group effecting the Change of Control, the Executive may appoint another
nationally recognized accounting firm to make the determinations required
hereunder (which accounting firm shall then be referred to as the Accounting
Firm hereunder).  All fees and expenses of the Accounting Firm shall be
borne solely by the Company.   Any determination by the Accounting
Firm shall be binding upon the Company and the Executive.  As a result of
the uncertainty in the application of Section 4999 of the Code at the time
of the initial determination by the Accounting Firm hereunder, it is possible
that Gross-Up Payments that will not have been made by the Company should have
been made (the “Underpayment”),
consistent with the calculations required to be made hereunder.  In the
event the Company exhausts its remedies pursuant to Section 5(c) and the
Executive thereafter is required to make a payment of any Excise Tax, the
Accounting Firm shall determine the amount of the Underpayment that has occurred
and any such Underpayment shall be paid by the Company to or for the benefit of
the Executive within ten (10) businessdays after the Accounting Firm has given
the Company notice

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

    

    of the
amount it has determined to be the Underpayment.  Any Gross-Up
Payment, as determined pursuant to this Section 5, shall be
paid by the Company to the Executive within 5 days of the receipt of the
Accounting Firm’s determination, provided, however, that notwithstanding
anything herein to the contrary, in no event shall any Gross-Up Payment or any
payment of any income or other taxes to be paid by the Company under this
Section 5 be made later than the end of the Executive’s taxable year next
following the Executive’s taxable year in which the Executive remits the related
taxes.  Any costs and expenses incurred by the Company on behalf of
the Executive under this Section 5 due to any tax contest, audit or litigation
will be paid by the Company by the end of the Executive’s taxable year following
the Executive’s taxable year in which the taxes that are the subject of the tax
contest, audit or litigation are remitted to the taxing authority, or where as a
result of such tax contest, audit or litigation no taxes are remitted, the end
of the Executive’s taxable year following the Executive’s taxable year in which
the audit is completed or there is a final and non-appealable settlement or
other resolution of the contest or litigation.

     

    (c)          
The Executive shall notify the Company in writing of any claim by the Internal
Revenue Service that, if successful, would require the payment by the Company of
the Gross-Up Payment.  Such notification shall be given as soon as
practicable, but no later than 10 business days after the Executive is informed
in writing of such claim.  The Executive shall apprise the Company of the
nature of such claim and the date on which such claim is requested to be
paid.  The Executive shall not pay such claim prior to the expiration of
the 30-day period following the date on which the Executive gives such notice to
the Company (or such shorter period ending on the date that any payment of taxes
with respect to such claim is due).  If the Company notifies the Executive
in writing prior to the expiration of such period that the Company desires to
contest such claim and the Company has a good faith basis to contest the claim,
the Executive shall:

     

    (i)           
give the Company any information reasonably requested by the Company relating to
such claim,

     

    (ii)          
take such action in connection with contesting such claim as the Company shall
reasonably request in writing from time to time, including, without limitation,
accepting legal representation with respect to such claim by an attorney
reasonably selected by the Company,

     

    (iii)         
cooperate with the Company in good faith in order effectively to contest such
claim, and

     

    (iv)         
permit the Company to participate in any proceedings relating to such
claim;

     

    provided, however, that the
Company shall bear and pay directly all costs and expenses (including additional
interest and penalties) incurred in connection with such contest, and shall
indemnify and hold the Executive harmless, on an after-tax basis, for any Excise
Tax or income tax (including interest and penalties) imposed as a result of such
representation and payment of costs and expenses, which payments, if any, shall
be paid in accordance with the last sentence of Section 5(b) above. 
Without limitation on the foregoing provisions of this Section 5(c), the
Company shall control all proceedings taken in connection with such contest,
and, at its sole discretion, may pursue or forgo any and all administrative
appeals, proceedings, hearings and conferences with the applicable taxing
authority in respect of such claim and may, at its sole discretion, either
direct the Executive to pay the tax claimed and sue for a refund or contest the
claim in any permissible manner, and the Executive agrees that he will, to the
extent reasonably requested by the Company, prosecute such contest to a
determination before any administrative tribunal, in a court of initial
jurisdiction and in one or more appellate courts, as the Company shall
reasonably determine;  provided,
however,  that any extension of the statute of limitations
relating to payment of taxes for the taxable year of the Executive with respect
to which such contested amount is claimed to be due is limited solely to such
contested amount.  Furthermore, the Company’s control of the contest shall
be limited to issues with respect to which the Gross-Up Payment would be payable
hereunder, and the Executive shall be entitled to settle or contest, as the case
may be, any other issue raised by the Internal Revenue Service or any other
taxing authority.

    
      
        
           

          

           

        

         

      

      
         

        
          

        

      

      
         

      

    

     

     

    (d)          
Notwithstanding any other provision of this Section 5, the
Company may, in its sole discretion, withhold and pay over to the Internal
Revenue Service or any other applicable taxing authority, for the benefit of the
Executive, all or any portion of the Gross-Up Payment, and the Executive hereby
consents to such withholding.

     

    (e)            Definitions. 
The following terms shall have the following meanings for purposes of
this Section 5:

     

    (i)           
“Code”
means the Internal Revenue Code of 1986, as amended.

     

    (ii)          
“Excise
Tax” shall mean the excise tax imposed by Section 4999 of the Code,
together with any interest or penalties imposed with respect to such excise
tax.

     

    (iii)         
“Parachute
Value” of a Payment shall mean the present value as of the date of the
change of control for purposes of Section 280G of the Code of the portion of
such Payment that constitutes a “parachute payment” under Section 280G(b)(2), as
determined by the Accounting Firm for purposes of determining whether and to
what extent the Excise Tax will apply to such Payment.

     (iv)         
A “Payment”
shall mean any payment or distribution in the nature of compensation (within the
meaning of Section 280G(b)(2) of the Code) to or for the benefit of the
Executive, whether paid or payable pursuant to this Agreement or
otherwise.

     

    (v)          
“Value” of
a Payment shall mean the economic present value of a Payment as of the date of
the change of control for purposes of Section 280G of the Code, as determined by
the Accounting Firm using the discount rate required by Section 280G(d)(4) of
the Code.

     

    6.             Full
Settlement.  The Company’s obligation to make the payments provided
for in this Agreement and otherwise to perform its obligations hereunder shall
not be affected by any set-off, counterclaim, recoupment, defense, or other
claim, right or action that the Company may have against the Executive or
others.  In no event shall the Executive be obligated to seek other
employment or take any other action by way of mitigation of the amounts payable
to the Executive under any of the provisions of this Agreement, and subject to
the effect of the provisos at the end of Section 2(a)(iii)
above, such amounts shall not be reduced whether or not the Executive obtains
other employment.  The Company agrees to pay  as incurred (within
10 days following the Company’s receipt of an invoice from the Executive), to
the full extent permitted by law, subject to Section 8 below, all legal fees and
expenses that the Executive may reasonably incur as a result of any contest
(regardless of the outcome thereof) by the Company, the Executive or others of
the validity or enforceability of, or liability under, any provision of this
Agreement or any guarantee of performance thereof (including as a result of any
contest by the Executive about the amount of any payment pursuant to this
Agreement), plus, in each case, interest on any delayed payment at the
applicable federal rate provided for in Section 7872(f)(2)(A) of the
Code.

     

    7.            
Successors.

     

    (a)          
This Agreement is personal to the Executive, and, without the prior written
consent of the Company, shall not be assignable by the Executive other than by
will or the laws of descent and distribution.  This Agreement shall inure
to the benefit of and be enforceable by the Executive’s legal
representatives.

     

    (b)          
This Agreement shall inure to the benefit of and be binding upon the Company and
its successors and assigns.  Except as provided in Section 7(c), without
the prior written consent of the Executive this Agreement shall not be
assignable by the Company.

     

    (c)          
The Company will require any successor (whether direct or indirect, by purchase,
merger, consolidation or otherwise) to all or substantially all of the business
and/or assets of the Company to assume expressly and agree to perform this
Agreement in the same manner and to the same

    extent
that the Company would be required to perform it if no such succession had taken
place.  For purposes

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

    

    hereof,
“Company”
means the Company as hereinbefore defined and any successor to its business
and/or assets as aforesaid that assumes and agrees to perform this Agreement by
operation of law or otherwise.

     

    8.          Code Section
409A.  

    

    (a)           The
payments and benefits provided hereunder are intended to be exempt from or
compliant with the requirements of Code Section 409A.  Notwithstanding
any provision of this Agreement to the contrary, in the event that following the
effective date hereof, the Company reasonably determines that any payments or
benefits hereunder are not either exempt from or compliant with the requirements
of Code Section 409A, the Company and the Executive shall work together to adopt
such amendments to this Agreement or adopt such other policies and procedures
(including amendments, policies and procedures with retroactive effect), or take
any other actions, that are necessary or appropriate (i) to preserve the
intended tax treatment of the payments and benefits provided hereunder, to
preserve the economic benefits with respect to such payments and benefits,
and/or (ii) to exempt such payments and benefits from Code Section 409A or to
comply with the requirements of Code Section 409A and thereby avoid the
application of penalty taxes thereunder, provided ̧ however, that the Company
shall have no obligation to take any action described in this Section 8 or to
indemnify the Executive for any failure to take any such action.

    

    (b)           Notwithstanding
anything to the contrary in this Agreement, no compensation or benefits,
including without limitation any termination payments or benefits payable under
Section 2 above, shall be paid to the Executive during the 6-month period
following the Executive’s Separation from Service to the extent that the Company
reasonably determines that paying such amounts at the time or times indicated in
this Agreement would be a prohibited distribution under Section 409A(a)(2)(B)(i)
of the Code.  If the payment of any such amounts is delayed as a
result of the previous sentence, then on the first business day following the
end of such 6-month period (or such earlier date upon which such amount can be
paid under Section 409A of the Code without resulting in a prohibited
distribution, including as a result of the Executive’s death), the Company shall
pay the Executive a lump-sum amount equal to the cumulative amount that would
have otherwise been payable to the Executive during such 6-month
period.

    

    (c)           To
the extent that any reimbursements hereunder constitute taxable compensation to
the Executives, including without limitation, any reimbursements made in
accordance with Section 6 above (but excluding any reimbursements made in
accordance with Sections 2 and 5 above, which reimbursements shall be provided
in accordance with such Sections), such reimbursements shall be made to the
Executive promptly, but in no event after December 31st of the
year following the year in which the expense was incurred, the amount of any
such amounts reimbursed in one year shall not affect the amount eligible for
reimbursement in any subsequent year, and the Executive’s right to reimbursement
of any such expenses shall not be subject to liquidation or exchange for any
other benefit.

    

    9.         Miscellaneous.

     

    (a)          
The captions of this Agreement are not part of the provisions hereof and shall
have no force or effect.  This Agreement may not be amended or modified
other than by a written agreement executed by the parties hereto or their
respective successors and legal representatives.

     

    (b)          
All notices and other communications hereunder shall be in writing and shall be
given by hand delivery to the other party or by registered or certified mail,
return receipt requested, postage prepaid, addressed as follows:

     

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

    if to the
Executive:

     

    
      	 
      	
              Peter
      T. Dameris

            	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      

    

     

    if to the
Company:

    
      	 
      	
              On
      Assignment, Inc.

            	 
      
	 
      	
              26651
      West Agoura Road

            	 
      
	 
      	
              Calabasas,
      CA 91302

            	 
      
	 
      	 
      	 
      
	 
      	
              Attention: 
      Chairman of the Board

            	 
      

    

     

    or to
such other address as either party shall have furnished to the other in writing
in accordance herewith.  Notice and communications shall be effective when
actually received by the addressee.

     

    (c)          
The invalidity or unenforceability of any provision of this Agreement shall not
affect the validity or enforceability of any other provision of this Agreement
or the Employment Agreement.

     

    (d)          
The Company may withhold from any amounts payable under this Agreement such
United States federal, state or local or foreign taxes as shall be required to
be withheld pursuant to any applicable law or regulation.

     

    (e)          
The Executive’s or the Company’s failure to insist upon strict compliance with
any provision of this Agreement or the failure to assert any right the Executive
or the Company may have hereunder, including, without limitation, the right of
the Executive to terminate employment for Good Reason pursuant to Section 2, shall
not be deemed to be a waiver of such provision or right or any other provision
or right of this Agreement.

     

    (f)           
For clarification, this Agreement is intended to supplement the terms of the
Executive’s previously executed Employment Agreement and shall control in the
event of any termination for Good Reason or other than for Cause of the
Executive’s employment by the Company in connection with or following any Change
of Control;  provided,
however,  that the Executive shall not be entitled to payments
or benefits in respect of the termination of his employment under both this
Agreement and the Employment Agreement, except to the extent that such other
payments or benefits are complementary to (and not duplicative of) payments
and/or benefits provided hereunder.  Simultaneously with the execution of
this Agreement by a duly authorized officer of the Company and the Executive,
the Executive shall no longer be eligible to participate in the ASGN Severance
Plan.

     

    (g)          
All claims by the Executive for payments or benefits under this Agreement shall
first be directed to and determined by the Company’s Compensation Committee of
the Board of Directors and shall be in writing.  Any denial by the
Compensation Committee of a claim for benefits under this Agreement shall be
delivered to the Executive in writing and shall set forth the specific reasons
for the denial and the specific provisions of this Agreement relied upon. 
The Compensation Committee shall afford the Executive a reasonable opportunity
for a review of the decision denying a claim and shall further allow the
Executive make a written demand upon the Company to submit the disputed matter
to arbitration in accordance with the provisions of paragraph (h)  below. 
The Company shall pay all expenses of the Executive, including reasonable
attorneys and expert fees, in connection with any such arbitration.  If for
any reason the arbitrator has not made his award within ninety (90) days from
the date of Executive’s demand for arbitration, such arbitration proceedings
shall be immediately suspended and the Company shall be deemed to have agreed to
Executive’s position and the Company shall, as soon as practicable and in any
event within 10 business days after the expiration of such 90 day period, pay
Executive his expenses and all amounts claimed by him that were the subject of
such dispute and arbitration proceedings.

    
      
        
           

           

        

         

      

      
         

        
          

        

      

      
         

      

    

     

    (h)          
Subject to the terms of paragraph (g) above, any dispute arising from, or
relating to, this Agreement shall be resolved at the request of either party
through binding arbitration in accordance with this paragraph (h). 
Within 10 business days after demand for arbitration has been made by either
party, the parties, and/or their counsel, shall meet to discuss the issues
involved, to discuss a suitable arbitrator and arbitration procedure, and to
agree on arbitration rules particularly tailored to the matter in dispute, with
a view to the dispute’s prompt, efficient, and just resolution.  Upon the
failure of the parties to agree upon arbitration rules and procedures within a
reasonable time (not longer than 15 business days from the demand), the
Commercial Arbitration Rules of the American Arbitration Association shall be
applicable.  Likewise, upon the failure of the parties to agree upon an
arbitrator within a reasonable time (not longer than 15 business days from
demand), there shall be a panel comprised of three arbitrators, one to be
appointed by each party and the third one to be selected by the two arbitrators
jointly, or by the American Arbitration Association, if the two arbitrators
cannot decide on a third arbitrator.  At least 30 days before the
arbitration hearing (which shall be set for a date no later than 60 days from
the demand), the parties shall allow each other reasonable written discovery
including the inspection and copying of documents and other tangible items
relevant to the issues that are to be presented at the arbitration
hearing.  The arbitrator(s) shall be empowered to decide any disputes
regarding the scope of discovery.  The award rendered by the arbitrator(s)
may include, without limitation, special, punitive and/or consequential damages,
if and to the extent deemed appropriate by the arbitrator(s).  The award
rendered by the arbitrator(s) shall be final and binding upon both
parties.  The arbitration shall be conducted in Los Angeles County,
California.  The California State Superior Court located in Los Angeles
County, California shall have exclusive jurisdiction over disputes between the
parties in connection with such arbitration and the enforcement thereof, and the
parties consent to the jurisdiction and venue of such court for such
purpose.

     

    (i)           
This Agreement shall be governed by the laws of the State of Delaware, without
giving effect to any choice of law provision or rule (whether of the State of
Delaware or any other jurisdiction) that would cause the application of the laws
of any jurisdiction other than the State of Delaware.

     

    (j)           
This Agreement shall terminate and be of no further force and effect immediately
upon the Executive’s voluntary termination of his employment with the Company
(irrespective of whether such termination constitutes retirement or
resignation),  provided  that
such termination is not with Good Reason and does not constitute an Involuntary
Termination.

     

    

     

     

    [Execution
Page Follows]

     

     

    IN
WITNESS WHEREOF, the Executive has hereunto set the Executive’s hand and,
pursuant to the authorization from the Board, the Company has caused these
presents to be executed in its name on its behalf, all as of the day and year
first above written.

     

     

    
      	 
      	
              /s/
      Peter T. Dameris

            	 
      
	 
      	
              Peter
      T. Dameris

            
	 
      	 
      
	 
      	 
      
	 
      	
              ON
      ASSIGNMENT, INC.

            
	 
      	 
      
	 
      	 
      
	 
      	
              By

            	
              /s/
      Jeremy Jones

            	 
      
	 
      	 
      	
              Jeremy
      Jones

            
	 
      	 
      	
              Chairman
      of the Board

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00155-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00155-of-00352.parquet"}]]