Document:

Exhibit 10.4

    
      

    

    Exhibit
      10.4

    AMENDMENT
      TO OPTION AGREEMENT

    

    THIS
      AMENDMENT, entered into as of July 28, 2005, to that certain Option Agreement
      dated July 12, 2005, between IFT CORPORATION, a Delaware corporation (the
      "Company") and ROGER C. GREGG, an individual (the "Optionee").

    

    W
      I T N E
      S S E T H:

    

    WHEREAS,
      the Company desires to make certain changes to the Option Agreement to clarify
      the intent of the parties with respect to the Sales Goal Thresholds and Gross
      Profit Margin vesting criteria and to correct a scrivener’s error;
      and

    

    WHEREAS,
      pursuant to Section 12 in the Option Agreement, the Option Agreement may only
      be
      amended with the consent of the Optionee; 

    

    NOW,
      THEREFORE, in consideration of the promises and conditions set forth herein,
      the
      parties mutually agree as follows:

    

    FIRST:
      Section 4.1 is hereby amended to be and to read in its entirety as
      follows:

    

    “4.1.       
      Vesting
      Schedule.
      The
      Options vest upon Optionee causing, directly or indirectly through his efforts,
      the Company to meet the following Sales Goal Thresholds and Gross Profit
      Margins:

    

    4.1.1 
62,500
      Options for $ 5 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year;

    4.1.2              
      62,500
      Options for $ 10 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year;

    4.1.3              
      62,500
      Options for $ 15 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year;

    4.1.4              
      62,500
      Options for $ 20 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year;

    4.1.5              
      62,500
      Options for $ 25 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year;

    4.1.6              
      62,500
      Options for $ 30 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year;

    4.1.7              
      62,500
      Options for $ 35 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year; and

    4.1.8              
      62,500
      Options for $ 40 Million in Sales at a 27.5% Gross Profit Margin for a fiscal
      year.”

    

    SECOND:
      Section 4.2 is hereby amended to be and to read in its entirety as
      follows:

    

    “4.2       
      Sales
      Goal Thresholds Non-Repetitive.
      The
      Sales Goals Thresholds and number of Options referenced in Section 4.1 are
      non-repetitive, which means once a particular Sales Goal Threshold has been
      met
      for any fiscal year, that same Sales Goal Threshold is not eligible to be used
      again to vest additional options for any other fiscal year (e.g. if the Sales
      Goal in 4.1.1 is met for the 2005 fiscal year, then that same opportunity is
      not
      available for any other fiscal year).”

    

    THIRD:
      Section 4.3 is hereby amended to be and to read in its entirety as
      follows:

    

    “4.3       
      Gross
      Profit Margin Requirement.
      “Gross
      Profit Margin”
is
      calculated by taking Gross Profit and dividing it by Total Sales Revenue.
      Notwithstanding the foregoing, at the sole discretion of the Company’s Board of
      Directors, upon recommendation of the Compensation Committee, the Gross Profit
      Margin Requirement described in this Section 4.3 may be decreased or waived
      entirely for an acquisition(s) or merger or otherwise adjusted as determined
      by
      the Compensation Committee. This Section 4.3 in no way requires the Corporation
      to make an acquisition(s) or merge with any other entity.”

    

    FOURTH:
      Section 4.4 is hereby amended to be and to read in its entirety as
      follows:

    

    “4.4       
      Vesting
      Procedure.
      The
      determination of whether or not a particular Sales Goal Threshold and Gross
      Profit Margin, including any adjustments thereto, if any, is met for a given
      year is made by the Compensation Committee based on the independent annual
      audited financial statements of the Company, as approved by the Audit Committee,
      and ratification and approval of such determination by the Board of
      Directors.”

    

    FIFTH:
      The date “January 31, 2009” in Sections 4.5.1 and 4.5.2 is hereby replaced with
      the date of “May 31, 2009”.

    

    SIXTH: The
      parties hereto hereby agree that all references in the Option Agreement to
      the
      "Option Agreement" or "Agreement" shall include this Amendment to the Option
      Agreement.

    

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

    

    
      	
              IFT
                CORPORATION

            	 	 	 	
              OPTIONEE

            	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
              /s/
                Sharmeen Hugue, Secretary

            	 	
              /s/
                Kelly Hicks

            	 	
              /s/
                Roger C. Gregg

            	 	
              /s/
                Lisa Mnoles

            
	
              Sharmeen
                Hugue

            	 	
              Witness

            	 	
              Roger
                C. Gregg

            	 	
              Witness

            
	
              Corporate
                SecretaryExhibit 10.5

    
      

    

    Exhibit
      10.5

    TERMINATION
      AGREEMENT

    

    

    THIS
      TERMINATION AGREEMENT is entered into and effective as of July 25, 2005, by
      and
      between IFT CORPORATION, a Delaware corporation (the "Company") and MICHAEL
      T.
      ADAMS (the “Executive”).

    

    W
      I T N E
      S S E T H:

    

    WHEREAS,
      Company and Executive entered into that certain Executive Employment Agreement
      (the “Employment Agreement”) effective February 1, 2005;

    

    WHEREAS,
      Company and Executive wish to make substantial amendments to said Employment
      Agreement, which amendments taken together with the original Employment
      Agreement, will likely be confusing and difficult for the Company’s stockholders
      to read and understand as a whole; and

    

    WHEREAS,
      Company and Executive are desirous of terminating said Employment Agreement,
      in
      the interest of transparency to the Company’s stockholders, to permit the
      Company and Executive to enter into a new executive employment
      agreement.

    

    NOW,
      THEREFORE, the parties hereto hereby agree that the Employment Agreement
      effective February 1, 2005, between the Company and Executive, is hereby
      terminated.

    

    IN
      WITNESS WHEREOF, the undersigned have executed this Termination Agreement as
      of
      the date first above written.

    

    

    
      	 	 	 	
              IFT
                CORPORATION

            	 
	 	
              WITNESS

            	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
              /s/
                Tiffany Wells

            	 	 	 	 
	 	 	 	 	 	 
	 	 	 	
              By:
                

            	
              /s/
                Richard J. Kurtz

            	 
	 	
              Tiffany
                Wells

            	 	
              Name:
                Richard J. Kurtz

            	 
	 	 	 	
              Title:
                Chairman of the Board

            	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
              WITNESS

            	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
              /s/
                Kelly Shannon-Hicks

            	 	 	 	 
	 	 	 	 	 	 
	 	 	 	
              By:
                

            	
              /s/
                Michael T. Adams

            	 
	 	
              Kelly
                Shanon-Hicks

            	 	
              Name:
                Michael T. AdamsExhibit 10.6

    
      
        

      

      Exhibit
        10.6

      TERMINATION
        AGREEMENT

      

      

      THIS
        TERMINATION AGREEMENT is entered into and effective as of July 25, 2005,
        by and
        between IFT CORPORATION, a Delaware corporation (the "Company") and DOUGLAS
        J.
        KRAMER (the “Executive”).

      

      W
        I T N E S S E T H:

      

      WHEREAS,
        Company and Executive entered into that certain Executive Employment Agreement
        (the “Employment Agreement”) effective January 28, 2005;

      

      WHEREAS,
        Company and Executive wish to make substantial amendments to said Employment
        Agreement, which amendments taken together with the original Employment
        Agreement, will likely be confusing and difficult for the Company’s stockholders
        to read and understand as a whole; and

      

      WHEREAS,
        Company and Executive are desirous of terminating said Employment Agreement,
        in
        the interest of transparency to the Company’s stockholders, to permit the
        Company and Executive to enter into a new executive employment
        agreement.

      

      NOW,
        THEREFORE, the parties hereto hereby agree that the Employment Agreement
        effective January 28, 2005, between the Company and Executive, is hereby
        terminated.

      

      IN
        WITNESS WHEREOF, the undersigned have executed this Termination Agreement
        as of
        the date first above written.

      

      

      
        	 	 	 	 	
                IFT
                  CORPORATION

              	 
	 	
                WITNESS

              	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
                /s/
                  Sharmeen Hugue

              	 	 	 	 
	 	 	 	
                By:

              	
                /s/
                  Michael T. Adams, CEO

              	 
	 	
                /s/
                  Anne T. Hicks

              	 	
                Name:
                  Michael T. Adams

              	 
	 	 	 	
                Title:
                  Chief Executive Officer

              	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
                WITNESS

              	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
                /s/
                  Krystin Wahl

              	 	 	 	 
	 	 	 	
                By:

              	
                /s/
                  Douglas J. Kramer

              	 
	 	
                Krystin
                  Wahl

              	 	
                Name:
                  Douglas J. Kramer

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