Document:

Exhibit 10(S) - Navtech, Inc. Britt Bowra Employment Agreement

    

      EMPLOYMENT
        AGREEMENT

      BETWEEN 

      

      Navtech
        Systems Support Inc. (the
        Company)

      

      -
        and
        -

      

      Britt
        Bowra (the
        Employee)

      

       

      WHEREAS
        the
        Employee is currently employed by the Company as Vice
        President, Sales & Business Development;

      

      AND
        WHEREAS
        the
        Employee will serve as the Managing Country Director for the Waterloo facility;
        

      

      AND
        WHEREAS
        both
        parties wish to formalize the employment agreement with the other;

      

      NOW
        THEREFORE THIS AGREEMENT WITNESSETH
        that for
        good and valuable consideration including the promises made between the parties
        in this Agreement, the receipt and sufficiency of which is hereby acknowledged
        by each of the parties, the parties hereby agree each with the other as
        follows:

      

      TERM
        OF EMPLOYMENT

       

      
        
          	
                  1.

                	
                  Indefinite
                    Term: 

                

        

         

      

      
        	(a)  	
                The
                  term of this agreement shall commence on February 1,
                  2006.

              

      

       

      DUTIES
        AND RESPONSIBILITIES

      

      
        	
                2.

              	
                In
                  serving the Company as Vice President, Sales & Business Development,
                  the Employee agrees:

              

      

      

      	(a)  	
              to
                undertake such duties and obligations in relation to the Company’s
                business and at such locations as the President and CEO of the Company
                may
                require,

            

      

      	(b)  	
              to
                devote his whole working time and attention to his employment duties
                and
                responsibilities associated with his
                position,

            

      

      	(c)  	
              to
                perform such other duties and responsibilities, consistent with the
                Employee’s title, as may be assigned by the President and
                CEO,

            

      

      	(d)  	
              to
                provide regular activity reports to the Navtech, Inc. Board of Directors
                (“Board of Directors”)_and the President and CEO as may be
                required,

            

       

      
        
          
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            Acceptance
              Initials __

          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
 

      	(e)  	
              and
                acknowledges that he is an Officer and fiduciary to the
                Company,

            

      

      	(f)  	
              to
                serve as an Officer of the Company’s parent, Navtech, Inc., and such
                subsidiaries of the Company as the Board of Directors may require,
                and

            

      

      	(g)  	
              not
                to serve on more than three (3) external Boards of Directors without
                the
                prior approval of the Board of Directors.

            

      

      REMUNERATION

      
        
           

          
            
              
                	
                        3.

                      	
                        Base
                          Salary

                      

              

            

          

        

         

        
          	(a)  	
                  
                    The
                      Employee will receive an annual base salary, in Canadian dollars,
                      inclusive of overtime, holiday and vacation pay, and less all
                      deductions
                      required by law. 

                  

                

        

         

      

      
        	(b)  	
                The
                  Employee’s base salary is reviewed annually by the President and CEO and
                  Board of Directors, and any change in base salary must be approved
                  by the
                  Board of Directors.

              

      

       

      
        
          
            
              	
                       

                    	
                      Bonus

                    

            

          

        

      

       

      
        	(c)  	
                The
                  Employee, in his capacity as Vice President, Sales & Business
                  Development, shall have the opportunity to earn a cash bonus if
                  specific
                  performance objectives are
                  achieved.

              

      

       

      	(d)  	
              Annual
                performance objectives shall be established by the President and
                CEO in
                discussion with the Employee, and shall be subsequently approved
                by the
                Board of Directors. 

            

      

      	(e)  	
              The
                fulfillment or non-fulfillment of the performance objectives and
                the
                quantum of the bonus payable shall be at the discretion of, and determined
                by, the President and CEO, and confirmed by the Board of
                Directors.

            

       

      
        
          
            
              
                	
                         

                      	
                        Current
                          Compensation

                      

              

               

              
                
                  	(f)  	
                          
                            The
                              Employee’s current base salary, bonus eligibility and performance
                              objectives are reviewed annually by the President and
                              CEO and Board of
                              Directors, according to the fiscal year calendar, and
                              are stated in the
                              attached Schedule “A”.

                          

                        

                

                 

              

            

          

        

      

      BENEFITS

       

      
        	4.         
                    (a) 	
                
                  The
                    Employee will be provided with the benefits as set out in Schedule
“B”,
                    attached hereto, as may be altered by the Company from time to
                    time in its
                    sole discretion upon one (1) month notice.
                    

                

              

      

       

      
         

        
          
            
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              Acceptance
                Initials __

            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      	(b)  	
              For
                insured benefits, the Employer is only required to pay its portion
                of the
                premiums and has no further obligation.

            

      

      STOCK
        OPTIONS

      

      
        	
                5.

              	
                Subject
                  to the approval of the President and CEO and the Board of Directors,
                  the
                  Employee shall be eligible to receive Options under the Navtech,
                  Inc. 1999
                  Stock Option Plan, as may be amended from time to time, and any
                  grant of
                  Options shall be governed by the 1999 Stock Option Plan and such
                  terms as
                  may be determined by the Board of Directors as permitted by the
                  Plan.

              

      

      

      VACATION

       

      
        
          	
                  6.

                	
                  
                    The
                      Employee shall be eligible for twenty (20) days paid vacation
                      each fiscal
                      year. Vacation entitlement shall be administered according
                      to the
                      Company’s vacation policy and practice, and may be altered from time
                      to
                      time by the Company in its sole discretion. The Employee shall
                      not take
                      more than two consecutive weeks of vacation without the prior
                      approval of
                      the President and CEO. 

                  

                

        

         

      

      EXPENSES
        

      
         

        
          
            	
                    7.

                  	
                    
                      Car
                        Allowance

                    

                  

          

        

      

       

      
        	(a)  	
                
                  If
                    the Employee uses his own vehicle in the performance of his job
                    duties,
                    the Employee will be paid a car allowance of $0.38 per kilometer,
                    as may
                    be altered by the Company from time to time in its sole
                    discretion.

                

              

      

       

      
        
          
            	
                     

                  	
                    
                      Business
                        Expenses

                    

                  

          

        

      

       

      
        
          
            	(b)  	
                    
                      The
                        Company agrees to reimburse the Employee for reasonable expenses
                        (as
                        determined in the sole discretion of the Company) incurred
                        in connection
                        with the carrying out of his duties. Such expenses must be
                        documented in
                        accordance with the Company policy, which may be altered
                        from time to time
                        by the Company in its sole
                        discretion.

                    

                  

          

        

      

      

      CONFLICT
        OF INTEREST

       

      
        
          
            	
                    8.

                  	
                    
                      
                        The
                          Employee will ensure that his direct or indirect personal
                          interests do
                          not, whether potentially or actually, conflict with the
                          Company’s
                          interests. The Employee agrees to promptly report any potential
                          or actual
                          conflicts of interest to the Chairman of the Board of Directors.
                          

                      

                    

                  

             

            
              
                	
                         

                      	
                        
                          
                            A
                              conflict of interest includes, but is not limited to
                              the
                              following:

                          

                        

                      

              

            

          

        

      

      
         

        
          	(a)  	
                  
                    
                      A
                        private or pecuniary interest in an organization with which
                        the Company
                        does business or which competes with the business interests
                        of the
                        Company.

                    

                  

                

        

      

       

      
         

        
          
            
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              Acceptance
                Initials __

            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      
        
          	(b)  	
                  
                    
                      A
                        private or pecuniary interest, direct or indirect, in any
                        concern or
                        activity of the Company of which the Employee is aware of
                        or ought
                        reasonably to be aware.

                    

                  

                

        

        
           

          
            	(c)  	
                    
                      
                        Pecuniary
                          interests include the pecuniary interest of the Employee’s parents,
                          spouse, partner, children and relatives, a private corporation
                          of which
                          the Employee is a shareholder, director or officer, and
                          a partner or other
                          employer.

                      

                    

                  

          

        

         

      

      COMPANY
        POLICIES

       

      
        
          	9.             
                  (a) 	
                  
                    
                      The
                        Employee agrees to comply with the employment policies, practices,
                        rules,
                        regulations and instructions of the Company now in force
                        or which
                        hereafter may be amended, revised or adopted in the sole
                        discretion of the
                        Company from time to
                        time.

                    

                  

                

        

      

      
         

        
          
            	(b)  	
                    
                      
                        
                          The
                            Employee agrees to comply at all times with the prevailing
                            laws,
                            including, but not limited to, the Ontario Human
                            Rights Code
                            and the Occupational
                            Health and Safety Act.

                        

                      

                    

                  

          

        

      

       

      
        
          
            	(c)  	
                    
                      
                        
                          A
                            failure to comply with subsections 9(a) or 9(b) above
                            constitutes both a
                            breach of this Agreement and cause for termination without
                            notice or
                            compensation in lieu of
                            notice.

                        

                      

                    

                  

          

        

      

       

      RESTRICTIVE
        COVENANTS

       

      
        
          
            	
                    10.            
                      (a) 

                  	
                    
                      
                        
                          The
                            Employee acknowledges and agrees that the restrictions
                            and obligations
                            imposed on the Employee in Schedule C hereto are reasonable
                            and necessary
                            for the protection of the Company, and the Employee waives
                            any and all
                            defences to the strict enforcement
                            thereof.

                        

                      

                    

                  

          

        

      

       

      
        
          
            	(b) 	
                    
                      
                        
                          
                            The
                              Company and the Employee acknowledge and agree that
                              the restrictions and
                              obligations contained in Schedule C hereto will continue
                              to apply
                              notwithstanding the manner or reasons for the termination
                              of the
                              Employee’s employment and regardless of whether the employment
                              of the
                              Employee is terminated with or without notice or for
                              cause or reasons
                              other than
                              cause.

                          

                        

                      

                    

                  

          

           

        

      

      RESIGNATION

       

      
        
          
            	
                    11.

                  	
                    
                      
                        
                          The
                            Employee may terminate the Employee’s employment pursuant to this
                            Agreement by notifying the CEO in writing of the Employee’s intention to
                            resign, with a minimum of six (6) weeks notice.
                            

                        

                      

                    

                  

          

        

      

       

      TERMINATION

      

      
        	
                12.

              	
                This
                  Agreement may be terminated by the Company as a result of the following:
                  

              

      

       

      
         

        
          
            
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              Acceptance
                Initials __

            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      
        
          
            
              	(a)
                       	
                      
                        
                          
                            
                              
                                on
                                  the death of the
                                  Employee;

                              

                            

                          

                        

                      

                    

            

          

        

      

       

      
        
          
            
              	(b)
                       	
                      
                        
                          
                            
                              
                                any
                                  act committed by the Employee, or a breach by the
                                  Employee of any terms of
                                  his employment agreement, which would constitute
                                  grounds for his immediate
                                  dismissal with
                                  cause;

                              

                            

                          

                        

                      

                    

            

             

            
              
                
                  
                    	(c)
                             	
                            
                              
                                
                                  
                                    
                                      upon
                                        provision of working notice, or pay in lieu
                                        thereof to the Employee of any
                                        amount equal to nine (9) months base salary,
                                        less statutory deductions, as
                                        at February 1, 2006. For every year of service
                                        thereafter, the Employee
                                        will be entitled to an additional one (1)
                                        month base salary, less
                                        statutory deductions, to a maximum entitlement
                                        of twelve (12) months,
                                        which payment shall be inclusive of all termination
                                        pay and severance pay
                                        entitlements under the Employment
                                        Standards Act,
                                        if applicable. The Employee agrees that such
                                        payment fully satisfies any
                                        and all claims, causes of action, complaints
                                        that the Employee might have
                                        against the Company, its subsidiaries, affiliates
                                        and each of its
                                        respective officers, directors, employees,
                                        servants, agents and assigns,
                                        jointly and severally, respecting termination
                                        notice, pay in lieu thereof,
                                        severance pay or damages for wrongful
                                        dismissal.

                                    

                                  

                                

                              

                            

                          

                  

                

              

            

             

          

        

      

      
        
          
            
              	
                       

                    	
                      
                        
                          The
                            following clauses govern compensation upon termination
                            of the
                            Employee:

                        

                      

                    

            

          

        

      

      
         

        
          
            
              	(d)
                       	
                      
                        
                          
                            
                              
                                vacation
                                  pay and wages owing at the date of termination
                                  and the payment referred to
                                  in subsection 12(a), 12(b), or 12(c) above will
                                  be paid in accordance with
                                  the Employment
                                  Standards Act.

                              

                            

                          

                        

                      

                    

               

              
                
                  
                    	(e)
                             	
                            
                              
                                
                                  
                                    
                                      a
                                        pro-rata share of any unpaid car allowance
                                        for the period in which
                                        termination occurs will be paid to the Employee
                                        when the final settlement
                                        is prepared. No car allowance will be payable
                                        for any period following the
                                        last day the Employee was actively working
                                        for the
                                        Company.

                                    

                                  

                                

                              

                            

                          

                  

                

              

            

             

            
              
                
                  
                    	(f)
                             	
                            
                              
                                
                                  
                                    
                                      any
                                        stock option entitlement will be governed
                                        solely by the 1999 Stock Option
                                        Plan.

                                    

                                  

                                

                              

                            

                          

                  

                

              

            

             

            
              
                
                  
                    	(g)
                             	
                            
                              
                                
                                  
                                    
                                      any
                                        money owing by the Employee to the Company
                                        at the date of termination will
                                        be deducted from any monies owing to the
                                        Employee by the Company and, in
                                        this regard, the Employee specifically authorizes
                                        the Company to deduct
                                        any monies owing by the Employee to the Company
                                        from the Employee’s
                                        termination payment. The Employee agrees
                                        that this paragraph is a formula
                                        from which a specific amount can be determined
                                        for the purposes of the
                                        Employment
                                        Standards Act.

                                    

                                  

                                

                              

                            

                          

                  

                

              

            

             

            
              
                
                  
                    	(h)
                             	
                            
                              
                                
                                  
                                    
                                      the
                                        Company will continue to pay its share of
                                        contributions to any benefit
                                        plan under which the Employee was covered
                                        at the time of termination of
                                        his employment in accordance with the Employment
                                        Standards Act.

                                    

                                  

                                

                              

                            

                          

                  

                

              

            

             

            
              
                
                  
                    	(i)
                             	
                            
                              
                                
                                  
                                    
                                      the
                                        Company will not reimburse the Employee for
                                        expenses as set out in
                                        subsection 7(b) above unless the expenses
                                        are authorized, properly
                                        documented and submitted within two weeks
                                        of the date of the termination.
                                        No expenses will be payable for any period
                                        following the last day the
                                        Employee was actively working for the
                                        Company.

                                    

                                  

                                

                              

                            

                          

                  

                

              

            

             

            
               

              
                
                  
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                    Acceptance
                      Initials __

                  

                

                
                  
                  

                  
                    

                  

                

                
                  
                  

                

              

            

             

          

        

      

      COMPLETE
        AGREEMENT AND SEVERABILITY

       

      
        
          
            
              	
                      13.             (a) 
                        

                    	
                      
                        
                          
                            
                              This
                                Agreement, and the schedules hereto, constitute the
                                complete agreement
                                between the parties, and it is agreed that there
                                is no term, condition,
                                warranty, or representation, collateral or otherwise,
                                that may govern or
                                affect the relationship between the parties, other
                                than those contained in
                                this
                                agreement.

                            

                          

                        

                      

                    

            

          

        

         

        
          
            
              	(b) 	
                      
                        
                          
                            
                              
                                This
                                  Agreement takes effect in substitution for all
                                  previous Agreements and
                                  arrangements whether written, oral or implied between
                                  the Company and the
                                  Employee relating to the Employee’s employment, all of which agreements
                                  and arrangements shall be deemed to have been terminated
                                  by mutual consent
                                  as of and from the date upon which this Agreement
                                  is deemed to have
                                  commenced.

                              

                            

                          

                        

                      

                    

            

          

        

      

       

      
        
          
            
              	(c) 	
                      
                        
                          
                            
                              
                                
                                  This
                                    Agreement may not be altered, modified or amended
                                    except by written
                                    instrument signed by both of the parties hereto.
                                    If any covenant or
                                    provision of this Agreement is determined to
                                    be void or unenforceable, in
                                    whole or in part, it shall not be deemed to affect
                                    or impair the validity
                                    of any other covenants or provisions of this
                                    Agreement which are hereby
                                    declared to be separate and distinct
                                    covenants.

                                

                              

                            

                          

                        

                      

                    

            

             

          

        

      

      INDEPENDENT
        LEGAL ADVICE

       

      
        
          
            
              
                	
                        14.             (a) 
                          

                      	
                        
                          
                            
                              
                                
                                  The
                                    Employee acknowledges that the Employee has been
                                    advised to seek
                                    independent legal advise and that the Employee
                                    was given the opportunity
                                    to seek and obtain such advice prior to the execution
                                    of this
                                    Agreement.

                                

                              

                            

                          

                        

                      

              

            

          

           

          
            
              
                	(b)
                        	
                        
                          
                            
                              
                                
                                  
                                    The
                                      Employee states that the Employee has read
                                      the entire Agreement and
                                      understands its contents. The Employee further
                                      acknowledges that the
                                      Employee relied upon his own sources of information
                                      in signing this
                                      Agreement and did not rely on any assertions,
                                      promises or information from
                                      the Company other than the terms of this
                                      Agreement.

                                  

                                

                              

                            

                          

                        

                      

              

            

          

        

      

       

      GOVERNING
        LAW

      

      
        	
                15.

              	
                This
                  Agreement shall be governed by and interpreted in accordance with
                  the laws
                  of the Province of Ontario.

              

      

      

      INTERPRETATION

      

      
        	
                16.

              	
                The
                  language used in this Agreement shall be deemed to be the language
                  chosen
                  by the parties to express their mutual intent, and the Agreement
                  shall be
                  interpreted without regard to any presumption or other rule requiring
                  interpretation of the Agreement more strongly against the party
                  causing it
                  to be drafted.

              

      

       

      
         

        
          
            
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              Acceptance
                Initials __

            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      
 

      NOTICES

      

      
        	
                17.

              	
                Any
                  notice required or permitted to be given under this Agreement shall
                  be in
                  writing and shall be delivered personally or sent by prepaid registered
                  mail to the parties hereto at their respective addresses, or to
                  such other
                  address as either party may from time to time designate in writing
                  to the
                  other. Any notice mailed as aforesaid, shall be deemed to have
                  been
                  received by the party to whom it was addressed on the third business
                  day
                  following such mailing.

              

      

      

      

      

      

      For
        the Company:

      

      NAVTECH
        SYSTEMS SUPPORT INC.

      

      

      _______________________________ ______________________________

      Mr.
        David
        Strucke     Date

      President
        and CEO

      

      

      For
        the Employee:

      

      

      

      

      

      _______________________________ ______________________________

      Mr.
        Britt
        Bowra      Date

      Vice
        President, Sales & Business Development

       

       

      

        Page 7
          of 7

        Acceptance
          Initials __Exhibit 10(T) Navtech, Inc. Johan Homlqvist Contract of Employment

     

    
      

        CONTRACT
          OF EMPLOYMENT

        

        

        

        This
          Agreement is made on this day between:

        

        (1) European
          Aeronautical Group AB, 556278-5864, 195 87 Stockholm (the“Company”);
          and

        

        (2) Johan
          Holmqvist, 660307-0035, Gjörwellsgatan 45, Stockholm, SWEDEN (the “Executive”)

        

        The
          parties have agreed on the following terms and conditions for the Executive’s
          employment with the Company.

         

        
          
            	
                    1.

                  	
                    Employment

                  

          

        

        

          
            	
                    1.1

                  	
                    The
                      Executive will serve as Managing Director of the Company in
                      Sweden.

                  

          

        

        

        
          	
                  1.2

                	
                  The
                    Executive’s employment will be in accordance with the terms and conditions
                    of this Agreement and the policies applicable from time to time
                    (the
                    “Employment”).

                

        

        

        
          	
                  1.3

                	
                  The
                    Employment will commence on 01 February 2006 and will continue
                    until
                    terminated in accordance with this
                    Agreement.

                

        

        

        
          	
                  1.4

                	
                  The
                    parties agree that the Employment Protection Act does not apply
                    with
                    regards to the Employment. Further, no collective bargaining
                    agreement
                    applies, except that the Executive’s insurance, pension, statutory
                    holidays, other holidays and vacation (30 working days) will
                    be regulated
                    in accordance with the EAG Sweden Collective
                    Agreement.

                

        

        
          
            

            
              	
                      2.

                    	
                      Duties

                    

            

             

          

        

        
          	
                  2.1

                	
                  The
                    Executive will have the authority and responsibilities as is
                    customarily
                    given a Managing Director and shall lead the day to day activities
                    of the
                    Company.

                

        

        

        
          	
                  2.2

                	
                  The
                    Executive shall comply with all instructions, rules and regulations
                    issued
                    by the Company’s Board of
                    Directors.

                

        

        

        
          	
                  2.3

                	
                  The
                    Executive shall work in a loyal and diligent manner for the Company.
                    The
                    Executive must not perform any work, undertake any assignments
                    or carry
                    out any other professional activities during the Employment for
                    any person
                    or entity other than the Company without the prior written consent
                    of the
                    Company’s Board of Directors.

                

        

        

        
          	
                  2.4

                	
                  The
                    Executive shall serve as an Officer of the Company’s parent, Navtech,
                    Inc., and such subsidiaries of Navtech, Inc. as its Board of
                    Directors may
                    require.

                

        

        

        
          
            1

          

          
            
            

            
            

          

          
            
            

          

        

         

        
          
            	
                    3.

                  	
                    Hours
                      of Work

                  

          

           

        

        
          
            	
                    3.1

                  	
                    The
                      Executive is employed on a full time basis, i.e. forty (40)
                      hours per
                      week.

                  

          

        

        

        
          	
                  3.2

                	
                  The
                    Executive shall devote the whole of his time, attention and ability
                    to his
                    duties during the Company’s normal working hours, and at such other times
                    as may be required for the proper performance by the Executive
                    of his
                    duties under this agreement. The Executive is not entitled to
                    any overtime
                    payment.

                

        

         

        
          
            	
                    4.

                  	
                    Place
                      of work

                  

          

        

         

        The
          Executive shall perform his daily work duties at the Company’s office in
          Stockholm or at any other Company office within Sweden as the Company may
          from
          time to time require. The Executive acknowledges that he is required to
          travel
          to such places (both domestic and international), as the performance of
          his
          duties under this agreement requires.

         

        
          
            	
                    5.

                  	
                    Salary

                  

          

        

        

        
          	
                  5.1

                	
                  The
                    Executive will receive a fixed gross annual salary of SEK 800,000
                    (“Base
                    Salary”), to be paid on or about the 25th
                    day of each month.

                

        

        

        
          	
                  5.2

                	
                  The
                    salary will be reviewed annually. The review will generally take
                    place
                    during the last quarter of each fiscal year and the next review
                    will
                    accordingly take place in October 2006. Any salary review will
                    take effect
                    from 1 November.

                

        

        

        
          	
                  5.3

                	
                  The
                    Executive authorizes the Company at any time during the Employment,
                    and in
                    any event on termination howsoever arising, to deduct from the
                    Executive’s
                    remuneration under this Agreement any monies due from the Executive
                    to the
                    Company, including but not limited to, any outstanding loans,
                    advances,
                    mistaken overpayments of salary and excess holiday pay. This
                    consent may
                    be withdrawn by the Executive at any
                    time.

                

        

        

        
          	
                  6.

                	
                  Bonus

                

        

        

        
          	
                  6.1

                	
                  In
                    addition to the Base Salary, the Executive may be entitled to
                    an annual
                    bonus. The bonus will be based on the Company result and the
                    Executive’s
                    individual performance as outlined in the enclosed bonus plan
                    for FY06,
                    Schedule A. However, the bonus is payable at the sole discretion
                    of the
                    Company. Further, the maximum amount of any bonus payment in
                    any year
                    shall be 20% of the yearly Base
                    Salary.

                

        

        

        
          	
                  6.2

                	
                  In
                    order to be considered for any bonus payment, the Executive must
                    have been
                    employed by the Company throughout the whole of the respective
                    financial
                    year. Further, the Executive must still be employed by the Company
                    and not
                    under notice of termination on the last day of the bonus
                    period.

                

        

        

        
          
            2

          

          
            
            

            
            

          

          
            
            

          

        

        
          	
                  7.

                	
                  Company
                    Car

                

        

        

        
          	 	
                  The
                    Executive is entitled to a company car, without salary deduction
                    to a
                    maximum value of 350 SEK (year 2006), all extra equipment included.
                    The
                    Executive may use the company car for private purposes and the
                    benefit is
                    taxable for the Executive.

                

        

        

        
          	
                  8.

                	
                  Sick
                    Pay

                

        

        

        
          	 	
                  The
                    Executive is entitled to sick pay in accordance with mandatory
                    law and the
                    Company’s policy as applicable from time to
                    time.

                

        

        

        
          	
                  9.

                	
                  Business
                    Expenses

                

        

        

        
          	
                  9.1

                	
                  The
                    Company will refund to the Executive all reasonable expenses
                    properly
                    incurred by him in performing his duties under this agreement
                    in
                    accordance with the Company policy. The Company will require
                    the Executive
                    to produce receipts as proof that he has incurred the
                    expenses.

                

        

        

        
          	
                  9.2

                	
                  Allowance
                    for expenses (Sw.
                    traktamente)
                    will be paid as deducted by the Swedish Tax
                    Authority.

                

        

        

        
          	
                  10.

                	
                  Confidentiality

                

        

        

        
          	
                  10.1

                	
                  During
                    and after the Employment (without any limit in time) the Executive
                    must
                    not:

                

        

        
          	 	 	 

          	 	
                  (i)

                	
                  use
                    any trade secrets or confidential information for any purposes
                    other than
                    the Company’s; and/or

                

          	 	 	 

          	 	(ii) 	 disclose any trade secrets or confidential
                  information to any person other than
                  when properly performing his
                  duties.

        

         

        
          	
                  10.2

                	
                  For
                    these purposes “confidential information” means all information relating
                    to the Company’s business practices and methods, customers, suppliers,
                    pricing or pricing strategy, products, development plans of products,
                    marketing strategies, Company licenses, third party agreements
                    and any
                    other information which the Company reasonably considers to be
                    confidential.

                

        

        

        
          	
                  11.

                	
                  Intellectual
                    property

                

        

        

        
          	
                  11.1

                	
                  The
                    Executive acknowledges and agrees that all copyright, design
                    rights and
                    any other intellectual property rights in any work(s) created
                    by the
                    Executive in carrying out his duties under this Agreement belong
                    to the
                    Company. In addition, the Executive assigns to the Company all
                    copyright,
                    design rights and any other intellectual property rights in any
                    work
                    created by the Executive when not carrying out the duties, but
                    which is
                    materially connected with those duties and of material value
                    to the
                    Company.

                

        

        

        
          
            3

          

          
            
            

            
            

          

          
            
            

          

        

        
          	
                  11.2

                	
                  The
                    Executive undertakes to do anything reasonably required to ensure
                    that
                    such copyright, design rights and any other intellectual property
                    rights
                    are assigned to the Company, and to assist the Company in taking
                    any
                    action in relation to any possible
                    infringement.

                

        

        

        
          	
                  11.3

                	
                  If
                    any moral right under any copyright and/or patent right regulation
                    arises
                    in respect of any work created by the Executive in the performance
                    of his
                    duties under this agreement, the Executive
                    will:

                

        

        

        (i) waive
          such rights as against the Company and its employees;

        

        (ii) exercise
          such rights against any third party only as the Company requests and
          in
          accordance with the Company’s directions.

        

        
          	
                  12.

                	
                  Computer
                    and IT policies

                

        

        

        
          	 	
                  The
                    Executive is referred to the Company’s separate policies regarding the use
                    of the Company’s computers and IT-systems, which includes the use of the
                    email system and Internet.

                

        

        

        
          	
                  13.

                	
                  Termination
                    of Employment

                

        

        

        
          	
                  13.1

                	
                  The
                    Employment is continuous. Either party may terminate the Employment
                    by
                    observing a notice period of six (6)
                    months.

                

        

        

        
          	
                  13.2

                	
                  In
                    case the Company terminates the Employment and gives notice to
                    the
                    Executive, then the Executive is entitled to a severance payment
                    corresponding to twelve (12) times the Monthly Base Salary. The
                    severance
                    payment shall be paid in equal amounts on a monthly basis beginning
                    the
                    month following the effective date of termination (i.e. the month
                    after
                    the notice period has ceased). Should the Executive take up a
                    new
                    employment or conduct any business of his own, the Company is
                    entitled to
                    withdraw such new income from the severance
                    payment.

                

        

        

        
          	
                  13.3

                	
                  The
                    Company will be entitled to terminate the Employment with immediate
                    effect
                    if the Executive grossly neglects his obligations to the Company
                    and/or
                    otherwise commit serious breach of this agreement. If so, no
                    severance is
                    payable.

                

        

        

        
          	
                  13.4

                	
                  The
                    Company reserves the right to require the Executive not to attend
                    at work
                    and/or not to undertake any of his work duties during any period
                    of notice
                    (whether given by the Executive or the Company), provided the
                    Company
                    continues to pay salary and other employment benefits to the
                    Executive
                    during such period.

                

        

        

        
          	
                  13.5

                	
                  Upon
                    the termination of the Employment, the Executive must immediately
                    return
                    to the Company, in accordance with its instructions, all client
                    records
                    and information, financial and billing information, technical
                    information
                    and data, software, manuals, correspondence, notes, reports and
                    other
                    documents. The same applies with regards to other items of equipment
                    or
                    property belonging to the Company, including, but not limited
                    to, laptop,
                    mobile telephone, credit cards and passes, which are in the Executive’s
                    possession or under his control.

                

        

        

        
          
            4

          

          
            
            

            
            

          

          
            
            

          

        

        
          	
                  14.

                	
                  Non-competition
                    restrictions

                

        

        

        
          	
                  14.1

                	
                  The
                    Executive undertakes that for a period of twelve (12) months
                    following the
                    termination of the Employment (i.e. from when the notice period
                    has
                    ceased) (the “Restricted Period”), he will not either directly or
                    indirectly (including, but not limited to, as an owner, partner,
                    director
                    or employee): be employed by any person or entity which competes
                    with the
                    Company or join, as a partner or owner, any legal entity carrying
                    out such
                    competitive activity.

                

        

        

        
          	
                  14.2

                	
                  Should
                    the Executive commit a breach of the above clause 14.1, he shall,
                    in
                    respect of each and every breach, pay the Company an amount corresponding
                    to six (6) times the Monthly Base Salary. However, should the
                    Company’s
                    actual loss exceed this amount, the Executive is liable to compensate
                    the
                    Company also with respect to such excess
                    amount.

                

        

        

        
          	
                  14.3

                	
                  If
                    the Executive satisfactorily can show to the Company, that he
                    is prevented
                    from commencing new employment during the Restricted Period as
                    a result of
                    the above clause 14.1, the Company shall compensate the Executive.
                    The
                    compensation shall be identical to the difference between the
                    monthly Base
                    Salary and the lower payment that the Executive can receive from
                    another
                    employer. However, the remuneration shall never exceed sixty
                    (60) per cent
                    of the Monthly Base Salary.

                

        

        

        
          	
                  14.4

                	
                  The
                    Company may at any time and at its sole discretion release the
                    Executive
                    from his obligations according to the above clause 14.1, such
                    decision to
                    be presented to the Executive within 7 days of the notification
                    by the
                    Executive. In such case the Company will have no obligation to
                    compensate
                    the Executive according to the above clause 14.3. Neither is
                    the Company
                    under any obligation to pay remuneration if the restrictions
                    outlined in
                    the above clause 14.1 are not applicable for any other
                    reason.

                

        

        

        
          	
                  15.

                	
                  Non-solicitation

                

        

        

        
          	
                  15.1

                	
                  The
                    Executive must not during the Employment or for a period of twelve
                    (12)
                    months thereafter, either directly or indirectly (including,
                    but not
                    limited to, as an owner, partner, director or
                    employee):

                

        

        

        (i) solicit,
          canvass, or entice away, any client, customer or business of the Company;
          or

        

        (ii) solicit,
          canvass, or entice individuals employed by the Company to leave their
          employments.

        

        
          
            5

          

          
            
            

            
            

          

          
            
            

          

        

        
          	
                  15.2

                	
                  Should
                    the Executive commit a breach of clauses 15.1 (i) and/or 15.1
                    (ii), he
                    shall, in respect of each and every breach, pay the Company an
                    amount
                    corresponding to six (6) times the Monthly Base Salary. However,
                    should
                    the Company’s actual loss exceed this amount, the Executive is liable to
                    compensate the Company also with respect to such excess
                    amount.

                

        

        

        
          	
                  16.

                	
                  Governing
                    Law

                

        

        

        
          	 	
                  This
                    agreement shall be governed by and construed in accordance with
                    the Laws
                    of Sweden.

                

        

        

        
          	
                  17.

                	
                  Disputes

                

        

        

        
          	 	
                  Any
                    dispute, controversy or claim arising out of or in connection
                    with this
                    Agreement, or the termination hereof, shall be finally settled
                    by
                    arbitration in accordance with the Arbitration Act. The arbitration
                    shall
                    take place in Stockholm and the proceeding shall be held in Swedish.
                    The
                    tribunal shall be composed of three (3) arbitrators. Irrespective
                    of the
                    outcome of the dispute, EAG will carry all parties costs for
                    proceedings,
                    arbitrators and legal representatives. This will not apply if
                    the
                    arbitrator’s finds that the Executive have called from arbitration without
                    giving EAG a reasonable cause for the
                    proceedings.

                

        

        

        
          
            

          

        This
          Agreement has been drawn up in two (2) originals, of which each party has
          taken
          one. All prior agreements, statements, undertakings or promises, oral or
          written, concerning the Employment shall have neither force nor
          effect.

        

        

        

        
          	 Place, date: _______________	 Place, date:
                  _______________
	 	 
	
                   

                  _________________________

                  For the Company

                  David Strucke

                	
                   

                  _________________________

                  For the Executive

                  Johan
                    Holmqvist

                

        

         

        6

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