Document:

exv10w1

 

Exhibit 10.1

AGREEMENT TO SUBLEASE

     This Agreement to Sublease (this “Sublease”) is made this    day of September,
2004, between BINDVIEW DEVELOPMENT CORPORATION, a Texas corporation (“Sublandlord”), and
NATIONWIDE LIFE INSURANCE COMPANY OF AMERICA DBA NATIONWIDE PROVIDENT, a Pennsylvania corporation
(“Subtenant”).

     WHEREAS, the Sublandlord is presently the tenant under that certain Lease Agreement dated
March 30, 2001 (the “Bindview Base Lease” a copy of which is annexed hereto as Exhibit
“B”), whereby Sublandlord, commencing on September 1, 2003, leased from BARNHART INTERESTS,
INC. AS AGENT FOR SAGE PLAZA ONE LTD. (the “Landlord”) approximately 188,509 square feet of Net
Rentable Area (the “Bindview Premises”) in the building located at 5151 San Felipe Road, Houston,
Harris County, Texas (the “Building”);

     WHEREAS, Sublandlord and Subtenant have agreed upon a subletting of space in the Building
within the Bindview Premises, as the case may be, consisting of approximately 7,852 square feet of
Net Rentable Area on the twentieth (20th) floor of the Building (the “Subleased Premises”),
as shown on the drawings annexed hereto as Exhibit “A”, on the terms and conditions
hereinafter specified;

     NOW, THEREFORE for good and valuable consideration, the receipt and sufficiency of which are
acknowledged, Sublandlord and Subtenant agree as follows:

1. BASE LEASE.

     a. Except as otherwise expressly provided herein, all terms, covenants and conditions of the
Bindview Base Lease are hereby incorporated in and made a part of this Sublease, and such rights
and obligations that are contained in the Bindview Base Lease are hereby imposed upon the parties
hereto, Sublandlord being substituted for Landlord under the Bindview Base Lease and Subtenant
being substituted for Tenant under the Bindview Base Lease; provided however, that Sublandlord
shall have no obligation to Subtenant with respect to work, services, repairs, repainting,
restoration or the performance of any and all other obligations to be performed by Landlord
pursuant to the Bindview Base Lease. It is understood and agreed that the performance by
Sublandlord of any of the terms, covenants and conditions of this Sublease and the Bindview Base
Lease shall be subject to and dependent upon the performance by Landlord under the Bindview Base
Lease of all the terms, covenants and conditions, express or implied, imposed upon Landlord
pursuant to the Bindview Base Lease. It is further understood and agreed that Sublandlord shall be
under no obligation or liability whatever to Subtenant in the event that Landlord shall fail to
perform any of the terms, covenants or conditions imposed upon Landlord pursuant to the Bindview
Base Lease.

     b. Sublandlord covenants and agrees that Sublandlord shall not (i) do or suffer or permit
anything to be done which would constitute a default under the Bindview Base Lease or would cause
the Bindview Base Lease to be canceled, terminated or forfeited by virtue of any rights of
cancellation, termination or forfeiture reserved or vested in Landlord under the Bindview Base
Lease or (b) exercise during the term of this Sublease any right reserved or vested in Sublandlord
to cancel, terminate or forfeit the Bindview Base Lease. Sublandlord covenants and agrees to
provide Subtenant prompt written notice (within 48 hours after its receipt thereof) of any notice
of default received by Sublandlord from Landlord. If and only if Sublandlord fails to timely cure
such default beyond applicable cure periods, Sublandlord hereby grants to Subtenant the right (but
not the obligation) to cure any such default by Sublandlord (but not in the event Sublandlord is
protesting the existence of an alleged default), in which event Sublandlord shall, within ten (10)
days after receipt of an invoice therefor, reimburse Subtenant for any cost or expense so incurred.
In the event that Sublandlord fails to so reimburse Subtenant, Subtenant shall have the right to
offset such amount against the next payments of Rent due hereunder.

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     c. Subtenant covenants and agrees that Subtenant shall not do or suffer or permit anything to
be done which would constitute a default under the Bindview Base Lease or would cause the Bindview
Base Lease to be canceled, terminated or forfeited by virtue of any rights of cancellation,
termination or forfeiture reserved or vested in Landlord under the Bindview Base Lease, and that
Subtenant will indemnify and hold harmless Sublandlord from, and defend Sublandlord against, all
claims, liabilities, losses and damages of any kind whatsoever (excepting indirect, special and
consequential damages) that Sublandlord may incur by reason of, resulting from or arising out of
any such cancellation, termination or forfeiture. Subtenant covenants and agrees to deliver to
Sublandlord, within forty-eight (48) hours after Subtenant’s receipt thereof, copies of any and all
notices or other correspondence received by Subtenant from Landlord that might affect Sublandlord
in any manner.

     d. Subtenant shall be entitled to the use and benefit of all of the services and amenities
applicable to the Subleased Premises that Landlord is obligated to provide to Sublandlord under the
Bindview Base Lease. If at any time during the term of this Sublease Sublandlord becomes entitled
to any reduction or abatement of the rentals due under the Bindview Base Lease with respect to the
Subleased Premises, Subtenant shall receive a corresponding reduction or abatement of its rental
obligations under this Sublease

     e. Sublandlord covenants and agrees with Subtenant that upon Subtenant paying the Rent
provided for herein, and observing and performing all of the other obligations, terms, covenants
and conditions of this Sublease on Subtenant’s part to be observed and performed, Subtenant may
peaceably and quietly enjoy the Subleased Premises during the Term; provided, however, that this
Sublease shall automatically terminate upon termination of the Lease and Subtenant shall have no
claim against Sublandlord unless such termination was caused by the default of Sublandlord in the
performance of the obligations under the Lease or this Sublease for which Sublandlord is
responsible.

2. DEMISE OF THE SUBLEASED PREMISES. Sublandlord hereby subleases and demises to the
Subtenant and the Subtenant hereby subleases and takes from the Sublandlord, the Subleased
Premises, subject to and upon the terms and conditions set forth herein.

3. TERM. The term of this Sublease shall commence on the date Sublandlord delivers to
Subtenant possession of the Subleased Premises with the Work (defined below in Section 7)
substantially completed as set forth in the Workletter annexed hereto as Exhibit C (the
“Commencement Date”), and shall continue until June 30, 2011 (the “Expiration
Date”).

4. DELIVERY AND OCCUPANCY OF SUBLEASED PREMISES. Subtenant acknowledges that it has
inspected, and has had the opportunity to have experts hired by Subtenant inspect, the Subleased
Premises and that the Subleased Premises shall be delivered to Subtenant and accepted by Subtenant
in its “as is” condition subject to Paragraphs 7 and 10 below. Subtenant acknowledges that neither
Sublandlord nor any of its purported representatives or agents has made (and Sublandlord hereby
specifically disclaims any and all) representations and warranties of any kind or character as to
the condition of the Subleased Premises, either express or implied, including without limitation,
warranties of fitness for any purposes or any particular use or commercial habitability.
Sublandlord shall deliver to Subtenant the Subleased Premises on or before the Commencement Date;
provided, however, Sublandlord shall not be liable or responsible for any claims, damages or
liabilities in connection therewith or by reason thereof nor shall Subtenant be entitled to cancel
or otherwise terminate this Sublease, unless delivery is delayed by more than 45 days, in which
case Subtenant may within 10 days after such 45th day, by written notice to Sublandlord
cancel this Sublease.

5. BASE RENTAL.

     a. Except as otherwise provided herein, the annual base rent (“Base Rental”) during
the term of this Sublease shall be as follows:

	 	 	 	 	 	 	 	 	 
	Period
	 	Annual Amount Per Square Foot of NRA
	 	Monthly Amount

	Months 1 – 3
	 	$	0.00	 	 	$	0.00	 
	 
	 	 	
 	 	 	 	
 	 
	Months 4 – 12
	 	$	14.00	 	 	$	9,160.67	 
	 
	 	 	
 	 	 	 	
 	 

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	Period
	 	Annual Amount Per Square Foot of NRA
	 	Monthly Amount

	Months 13 – 24
	 	$	15.00	 	 	$	9,815.00	 
	 
	 	 	
 	 	 	 	
 	 
	Months 25 – 81
	 	$	16.00	 	 	$	10,469.33	 
	 
	 	 	
 	 	 	 	
 	 

     The Base Rental shall be payable in equal monthly installments, in advance, without demand and
without deduction, abatement or set-off, except as may be provided in this Sublease. Payments of
Base Rental shall commence on the Commencement Date; provided, however, that upon the execution of
this Sublease, Subtenant shall pre-pay the Base Rental that would otherwise be due in Month 4 of
this Sublease, i.e., $9,160.67.

     b. Except as otherwise provided herein, the proportional amounts payable by Subtenant under
Article 5. BASE RENTAL ADJUSTMENT of the Bindview Base Lease, which relate to the same amounts due
under this Sublease in Paragraph 6. ADDITIONAL RENTAL, shall be due and payable monthly to
Sublandlord on or before thirty (30) days after Subtenant’s receipt of an itemized invoice
therefor.

     c. The term “Rental” as used in this Sublease shall mean Base Rental, Additional
Rental (as hereinafter defined), and the Parking Fee (as hereinafter defined).

     d. All amounts payable by Subtenant to Sublandlord under this Sublease shall be made by
Subtenant to Bindview Development Corporation, 5151 San Felipe, 25th floor, Houston, Texas 77056,
Attn.: Chief Financial Officer or in such other manner and to such other place later designated by
Sublandlord in writing, or as is set forth in any invoice from Sublandlord to Subtenant. The
amounts due under this Sublease shall be paid in one monthly check.

6. ADDITIONAL RENTAL.

     a. The clauses under Article 5. BASE RENTAL ADJUSTMENT of the Bindview Base Lease covering
additional rental shall apply to this Sublease during the term of this Sublease.

     b. The base year for Base Rental Adjustment (as defined in Article 5 of the Bindview Base
Lease and herein called “Additional Rental”) computations shall be 2005 (the “Base
Year”).

     c. Subtenant shall pay as Additional Rental any costs incurred in connection with Subtenant’s
operation or after hours use of the heating, ventilation, and air conditioning system
(“HVAC”) within the Subleased Premises as permitted by Section 7.04 of the Bindview Base
Lease.

     d. Beginning in 2006 and for each year thereafter during the Sublease term, Subtenant shall
pay to Sublandlord as Additional Rental its proportionate share (i.e. the percentage determined
from time to time by dividing the Net Rentable Area of the Subleased Premises by the total Net
Rentable Area of the Bindview Premises during the term of the Bindview Base Lease) of the amount,
if any, by which the Basic Cost for each such year exceeds the Base Year Basic Cost.

     e. Subtenant’s proportionate share of the Additional Rent shall be payable monthly, based on
the estimates of Basic Cost being paid by Sublandlord under Sections 5.01 and 5.02 of the Bindview
Base Lease and continuing until the Expiration Date of this Sublease. In the event of any
adjustment to Sublandlord’s payments with respect to Basic Cost under Sections 5.04, 5.05 and 5.06
of the Bindview Base Lease, Subtenant shall pay or receive, as the case may be, a corresponding
adjustment of its payments with respect to Basic Cost under this Paragraph.

     f. Sublandlord shall provide to Subtenant, within fifteen (15) days after Sublandlord’s
receipt thereof, copies of all estimates and statements received by Sublandlord from Landlord with
respect to the amount or payment of Basic Cost for any year during the term of this Sublease. If
Sublandlord elects to exercise its right to audit the Landlord’s books and records relating to
Basic Cost, Subtenant shall have the right to examine the results of such audit.

7. CONSTRUCTION OF IMPROVEMENTS. Prior to the Commencement Date, Sublandlord shall, at
its cost and expense, substantially complete the improvements shown on the plans and specifications
(the “Plans”) prepared by Don Lamoureux dated September 2, 2004, which plans and
specifications are incorporated herein by this reference (the “Work”). The Work shall be
completed in accordance with the Workletter annexed hereto as

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Exhibit “C” by a contractor of Sublandlord’s choice on a “turnkey” basis; however,
Sublandlord’s obligations under this Paragraph 7 shall not exceed $15.00 per square foot; any
overage shall be reimbursed to Sublandlord by Subtenant within thirty (30) days after Subtenant’s
receipt of Sublandlord’s invoice therefor, with such supporting documentation as Subtenant may
reasonably request. The $15.00 per square foot allowance will include architectural and
engineering fees

8. Intentionally Deleted.

9. USE OF IMPROVEMENTS ON SUBLEASED PREMISES. Subtenant shall have the right to use, at no
charge to Subtenant, any and all leasehold improvements presently located within the Subleased
Premises, including, but not limited to, all doors, cabling, components of the ceiling, floor
coverings, window coverings, and furniture described on Exhibit “D” annexed hereto, to the fullest
extent permitted under the Bindview Base Lease. Sublandlord makes no representation or warranty in
connection with any of the foregoing items, including, but not limited to, such items’ actual
presence within the Subleased Premises, the working order or condition of such items, or such
items’ suitability for any particular purpose. Sublandlord shall have no repair or maintenance
obligations whatsoever with respect to any of the foregoing items.

10. LEASEHOLD IMPROVEMENTS. Except as noted herein, the Subleased Premises shall be taken
by Subtenant in its “as is” condition, and, except as provided in Paragraph 7 of this Sublease
above, Subtenant, at its sole cost and expense, shall be responsible for all improvements within
the Subleased Premises. All leasehold improvements shall be approved in writing by Sublandlord
prior to the commencement of construction and shall be constructed and installed in accordance with
Section 3.03 of the Bindview Base Lease.

11. Intentionally Omitted.

12. USE. The Subleased Premises shall be used and occupied by Subtenant, its affiliated or
associated companies and licensees for general office purposes and such ancillary uses in
connection therewith as shall be reasonable and customary with respect to general office use, and
the operation for the noncommercial use by Subtenant’s employees and invitees of microwave ovens,
refrigerators, and other equipment typically found in an employee lunchroom, and for no other
purposes; however, Subtenant acknowledges and agrees that Subtenant’s affiliated or associated
companies’ and licensees’ rights and interests hereunder are limited to the foregoing described
rights of use and occupancy, subject to all of the terms of this Sublease.

13. PARKING. During the term of this Sublease, Sublandlord shall provide and make
available, at the monthly charge of $40.00 per space (the “Parking Fee”), a prorated amount of up
to three (3) unreserved parking spaces in the Building Parking Garage for each one thousand (1,000)
square feet of Net Rentable Area contained in the Subleased Premises. By way of example, the
quotient of the square footage of the Net Rentable Area within the Premises divided by 1,000
multiplied by 3 entitles Subtenant to 24 initial spaces. The Parking Fee shall be payable monthly
as Rental.

14. UTILITIES AND SERVICES. If Subtenant’s electrical consumption or HVAC usage is above
that which is provided to Sublandlord pursuant to the Bindview Base Lease, Subtenant shall promptly
pay all costs therefor.

15. ENTRY FOR REPAIRS AND INSPECTION. Sublandlord may enter into and upon any part of the
Subleased Premises (including, without limitation, the telephone room) at all reasonable hours with
reasonable prior notice and with the right of Subtenant to accompany such persons (except in the
event of an emergency, when no prior notice will be required) to inspect the same, clean, or make
repairs or alterations, or additions thereto, as Sublandlord may deem necessary or desirable;
provided, however, such work shall not unreasonably interfere with Subtenant’s use of the Subleased
Premises.

16. INSURANCE.

     a. Subtenant shall maintain, at its sole cost and expense, property insurance on a “causes of
loss – special form” basis (formerly “all-risk”) on all of its personal property, including
removable trade fixtures, located in the Subleased Premises, and on all non-Building standard
leasehold improvements in the Subleased Premises. Subtenant, at Subtenant’s option, may elect to
self insure Subtenant’s personal property, contents and non-Building

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standard leasehold improvements in the Subleased Premises. Subtenant shall maintain, at its
sole cost and expense, commercial general liability insurance, with limits of liability of not less
than $5,000,000.00 with respect to death of or injury to one or more persons and not less than
$2,000,000.00 with respect to loss of or damage to property, issued by and binding upon a solvent
insurance company reasonably acceptable to Sublandlord. Subtenant’s right to self-insure as
provided in this Section shall apply to property only; Subtenant may not self-insure for commercial
general liability.

     b. Anything in this Sublease to the contrary notwithstanding, whenever any loss, cost, damage,
or expense resulting from fire, the elements, explosion or other casualty or occurrence is incurred
by the parties to this Sublease in connection with the Subleased Premises or any improvements
thereto, or of which the Subleased Premises are a part, or any personal property of such party
therein, or the Building, or Parking Garage, and such party is required to be covered under this
Sublease or Article 12 of the Bindview Base Lease in whole or in part by insurance with respect
thereto, then the party so insured hereby releases the other party from any liability it may have
on account of such loss, cost, damage, or expense to the extent of any amount recovered by reason
of such insurance and hereby waives any right of subrogation which might otherwise exist in or
accrue to any person on account thereof, provided such release and waiver of subrogation shall not
be operative in any case where the effect thereof is to invalidate such insurance coverage.
Sublandlord and Subtenant shall use their respective best efforts to obtain such release and waiver
of subrogation from their respective insurance carriers and shall immediately notify the other of
any failure to obtain or maintain same.

17. FIRE OR OTHER CASUALTY; CONDEMNATION.

     a. In the event of fire or other casualty in the Bindview Premises or the Subleased Premises,
if the Subleased Premises is damaged so that it is reasonably estimated by a responsible contractor
that any portion of the Subleased Premises will be untenantable and/or not usable by Subtenant and
the remaining portion is not sufficient for the purpose for which same have been subleased for a
period of one hundred eighty (180) days or longer after such destruction, Subtenant shall so notify
Sublandlord in writing within five (5) days after Subtenant’s receipt of notice of the estimated
time to repair the Subleased Premises. Subtenant shall have the option to cancel this Sublease by
delivery of written notice thereof to Sublandlord within twenty-one (21) days after receipt of such
notice. If Subtenant elects not to cancel this Sublease, the Rental herein shall proportionally
abate thereafter until such time as the affected portion of the Subleased Premises is made
tenantable.

     b. In the event of fire or other casualty in the Bindview Premises or the Subleased Premises,
such that Sublandlord elects to terminate the Bindview Base Lease as provided in Article 11 of such
lease, Sublandlord shall notify Subtenant in writing of Sublandlord’s intention to cancel the
Bindview Base Lease, as the case may be, at least twenty (20) days prior to notifying Landlord of
same, and upon such termination, this Sublease shall be terminated as of such date.

     c. If, as a result of a taking by virtue of eminent domain or for public or quasi public use
or purpose, the Subleased Premises, a portion of the Building not including the Subleased Premises,
or the Parking Garage or access thereto, is affected in a manner that (i) renders the Subleased
Premises untenantable, (ii) substantially impairs Subtenant’s use of the remainder of the Subleased
Premises, or (iii) if more than fifty percent (50%) the Subleased Premises (or any lesser
percentage which renders the remainder unusable for the purposes intended) shall be taken or
condemned, Subtenant shall have the option to cancel this Sublease by delivery of written notice
thereof to Sublandlord within thirty (30) days after the date the condemning authority takes
possession.

     d. If, as a result of a taking by virtue of eminent domain or for public or quasi public use
or purpose, Sublandlord elects to terminate the Bindview Base Lease, as provided in Article 15 of
such lease, Sublandlord shall notify Subtenant in writing of Sublandlord’s intention to cancel the
Bindview Base Lease, at least twenty (20) days prior to notifying Landlord of same, and upon such
termination, this Sublease shall be terminated as of such date.

18. INDEMNITY. Unless due to Sublandlord’s negligence or willful misconduct, Subtenant shall
protect, indemnify, defend and hold Sublandlord harmless from any and all cost, loss, damage,
liability or expense arising out of, or connected with, injury or damage, including death, to
persons or property occurring on the Subleased Premises, or arising out of any act or omission of
Subtenant, its agents, officers, employees or invitees. Unless due to Subtenant’s negligence or
willful misconduct, Sublandlord shall protect indemnify, defend and hold Subtenant

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harmless from any and all cost, loss, damage, liability or expense arising out of, or connected
with, injury or damage, including death, to persons or property occurring in or around the Bindview
Premises, or arising out of any act or omission of Sublandlord, its agents, officers, employees or
invitees.

19. SURRENDER OF PREMISES. Upon the expiration or earlier termination of the term of
this Sublease, Subtenant shall surrender the Subleased Premises in good order, condition, and
repair, except for ordinary wear and tear and casualty damage. If Sublandlord so indicates, in
writing, Subtenant shall, at its sole cost and expense, remove such leasehold improvements, which
were installed for Subtenant’s occupancy of the Subleased Premises, as necessary to return the
Subleased Premises to the condition and configuration the Subleased Premises were in at the time of
delivery of the Subleased Premises. Subtenant may remove its trade fixtures, office supplies,
telecommunications and movable office equipment and furniture.

20. SUBLANDLORD’S NON-LIABILITY FOR DEFAULTS OF LANDLORD. Sublandlord shall not be
responsible, answerable or liable to Subtenant for or by any reason of any default by Landlord
under the Bindview Base Lease, nor shall Sublandlord under this Sublease have any such obligations
impressed upon it. Notwithstanding the foregoing, upon the written request of Subtenant,
Sublandlord shall diligently pursue all reasonable efforts to enforce the Bindview Base Lease and
obtain Landlord’s compliance with its obligations thereunder and Subtenant shall have any rights of
recovery against Landlord, which flow to Sublandlord through the Bindview Base Lease, to the extent
Subtenant is entitled to such under this Sublease.

21. ASSIGNMENT OR SUBLEASE.

     a. Subtenant shall not have the right to assign or sublet the Subleased Premises, in whole or
in part, without Sublandlord’s prior written consent, which shall not be unreasonably withheld,
conditioned, or delayed.

     b. No assignment or subletting by Subtenant shall relieve Subtenant of any obligation under
this Sublease, and Subtenant and Subtenant’s assignee or sublessee shall remain jointly and
severally liable hereunder.

     c. Any assignment or sublease by Subtenant shall be subject to the approval of Landlord and
Landlord’s mortgagee.

Notwithstanding the foregoing, the following shall not constitute an assignment of this Sublease:
(i) if Subtenant is a corporation, the addition or withdrawal of stockholders, or (ii) the
assignment of this Sublease to any successor of Subtenant (A) into which Subtenant is merged or
consolidated, or (B) arising from the transfer of Subtenant under this Sublease made in conjunction
with a transfer of all or substantially all of the assets of Subtenant, or (iii) such assignment is
made to any entity controlled by, controlling or under common control with Subtenant so long as in
each of the circumstances described in (i) and (ii) above in this paragraph, the surviving
corporation or assignee shall (1) assume the obligations of Subtenant hereunder in a writing which
provides that the assumption therein is for the express benefit of Landlord and Landlord’s
Mortgagee, and (2) shall have a Net Worth equal to or greater than $50,000,000.

22. PREMISES USED AS SECURITY. Subtenant shall not use the Subleased Premises as security
on any obligation, and in the event of the attempt of Subtenant to cause the Subleased Premises to
be used as security, Subtenant shall be in default of the terms of this Sublease and Sublandlord
shall have the option to immediately terminate this Sublease and the provisions of Paragraph 19
herein shall thereafter become applicable.

23. NOTICES. Any notices which shall be required or desired to be given by the parties
hereto shall be in writing and either delivered by hand or sent by United States certified mail,
return receipt requested, or by reliable overnight carrier and postage prepaid, to the persons at
the addresses set forth below:

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	Sublandlord:
	 	          Subtenant:

	Bindview Development Corporation

	 	          Nationwide Life Insurance Company of America dba
	

	 	          Nationwide Provident
	5151 San Felipe

	 	c/o Nationwide Mutual Insurance Company
	25th Floor

	 	          One Nationwide Plaza
	Houston, Texas 77056

	 	Columbus, OH 43215-2220
	

	 	          Attn: Corp Real Estate-Leasing 1-05-21
	

	 	 
	With a copy to the Landlord:

	 	          With copy to:
	Barnhart Interests, Inc.

	 	The Subleased Premises
	5151 San Felipe
	 	 
	Suite 1399
	 	 
	Houston, Texas 77056
	 	 

Such notice shall be deemed received on the date indicated on the delivery receipt of such notice.

24. BROKER. Sublandlord covenants, warrants and represents that it has not dealt with or
signed any commission agreement with any broker in connection with this Sublease other than Moody
Rambin Interests. Subtenant covenants, warrants and represents that it has not dealt with or
signed any commission agreement with any broker in connection with this Sublease other than Office
Space Advisors (John Richardson) and C.B. Richard Ellis. Sublandlord agrees to pay to Moody Rambin
Interests and Office Space Advisors a commission in accordance with a separate agreement.
Subtenant hereby acknowledges that neither Sublandlord nor Moody Rambin Interests has or will have
any liability or obligation to C.B. Richard Ellis in connection with this Sublease and agrees to
indemnify and hold Sublandlord harmless from any claim or liability (including the cost of
defending against and investigating such claims) arising in respect to any commission owed C.B.
Richard Ellis in connection with this Sublease. Notwithstanding anything contained herein,
Subtenant also agrees to indemnify and hold Sublandlord harmless from any claim or liability
(including the cost of defending against and investigating such claims) arising in respect to any
broker(s) not named herein who is (are) claiming by, through or under Subtenant.

25. ONGOING PREFERENTIAL RIGHT.

     a. Provided this Sublease is then in full force and effect and no event of default shall have
occurred, Subtenant shall have a right of first opportunity (the “Preferential Right”), as
hereinafter described, to sublease additional space on the 20th floor of the Building (the
“Preferential Right Space”), if available, at such time as Sublandlord engages in
negotiations with a prospective sublessee, exercisable at the times and upon the conditions set
forth in this Paragraph 25.

     b. At such time that Sublandlord has received a bona fide offer (the “Offer”) to
sublease from a prospective sublessee, Subtenant shall have the right to exercise its Preferential
Right to sublease that portion of the Preferential Right Space to be subleased to such prospective
sublessee (the “Offer Space”). Sublandlord shall send written notice of the Offer (the
“Exercise Notice”), in accordance with Paragraph 23 of this Sublease, together with a copy
of the Offer showing the Base Rental to be paid thereunder and the improvement allowance to be
provided to the prospective sublessee with respect thereto and other material terms and conditions
of the proposed sublease. Subtenant shall have the right to exercise its Preferential Right within
(10) days from delivery of the Exercise Notice (the “Exercise Period”) to sublease all (but
not less than all) of the floor on which the Offer Space is located upon the same terms and
conditions as those outlined in the Offer. If Subtenant fails to give any notice to Sublandlord
within the required ten (10) day period, Subtenant shall be deemed to have elected not to sublease
the Offer Space.

     c. If Subtenant fails or declines to exercise Preferential Right (either by giving written
notice thereof or by failing to give any notice) after receipt of an Exercise Notice from
Sublandlord, Sublandlord shall have the right to sublease the Offer Space to the prospective
sublessee on substantially the same terms and conditions set forth in the Exercise Notice. If
Sublandlord does not enter into a sublease of the Offer Space with the prospective sublessee with
respect to the space and in accordance with the terms that were the subject of the Exercise Notice
within 180 days after the expiration of the Exercise Period, Subtenant’s Preferential Right shall
apply again to any proposed subleasing of the Preferential Right Space and Sublandlord shall not
thereafter engage in other sublease

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negotiations with respect to the Preferential Right Space without first complying with the
provision of this Paragraph 25.

     d. As to the applicable portion of the Preferential Right Space, upon the execution of a
sublease between Sublandlord and the prospective sublessee, this Preferential Right shall
thereafter be null, void and of no further force or effect, however, if such sublease is for less
than a full floor, the Preferential Right shall apply to the balance of such floor.

     e. Upon the exercise by Subtenant of its Preferential Right as provided in this Paragraph 25
and subject to the approval of the same by Landlord and Landlord’s Mortgagee, Sublandlord and
Subtenant shall, within twenty (20) days after Subtenant delivers to Sublandlord notice of its
election, enter into a sublease covering the Preferential Right Space for the rent, for the term,
and containing such other terms and conditions as Sublandlord notified Subtenant pursuant to
subparagraph 25.a above.

     f. Any assignment or subletting by Subtenant pursuant to Paragraph 21 of this Sublease shall
terminate the Preferential Right of Subtenant contained herein.

     g. The Preferential Right contained herein shall be subject and subordinate to any rights of
renewal, expansion or extension existing under any other tenant leases for the Building as of the
date of this Sublease.

26. LANDLORD’S CONSENT. Sublandlord and Subtenant acknowledge and agree, however, that a
condition precedent to this Sublease is Landlord’s execution of a Consent to Sublease. If Landlord
does not execute and return a Consent to Sublease to Sublandlord and Subtenant on or before the
thirtieth (30th) day after the date of this Sublease, Subtenant shall at its sole and absolute
discretion either: (i) terminate this Sublease by written notice to Sublandlord, or (ii) extend the
date by which Landlord must execute and return a Consent to Sublease to Sublandlord and Subtenant
until the sixtieth (60th) day after the date of this Sublease.

27. Intentionally Deleted.

28. MISCELLANEOUS.

     a. This Sublease shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and assigns in accordance with the terms of this Sublease.

     b. This Sublease shall be governed and construed in accordance with the laws of the State of
Texas.

     c. If any term or provision of this Sublease, or the application thereof to any person or
circumstance shall to any extent be invalid or unenforceable, the remainder of this Sublease, or
the application of such provision to persons or circumstances other than those as to which it is
invalid or unenforceable, shall not be affected thereby, and each provision of this Sublease shall
be valid and shall be enforceable to the extent permitted by law.

     d. This Sublease may be executed in multiple counterparts, and by the parties hereto on
separate counterparts, each of which shall constitute an original of this Sublease, but all of
which taken together shall constitute a single agreement.

     e. If either party defaults in the performance of any of the terms, agreements or conditions
contained in this Sublease and the other party engages an attorney to enforce this Sublease, should
such non-defaulting party prevail in its pursuit upon same, the defaulting party agrees to pay the
other party’s reasonable legal fees.

     f. As between Sublandlord and Subtenant, to the extent the terms and provision of this
Sublease conflict with the terms and provisions of the Bindview Base Lease, the terms and provision
of this Sublease shall prevail.

29. TIME IS OF THE ESSENCE. Time is of the essence with respect to Sublandlord’s execution
and delivery of this document to Subtenant. If Sublandlord fails to execute and deliver a signed
copy hereof to Subtenant by 5:00

8

 

p.m., September   , 2004, this document shall be deemed null and void and shall have no force and
effect, unless otherwise agreed in writing between Subtenant and Sublandlord.

30. SECURITY DEPOSIT: Intentionally Deleted.

31. MULTI-TENANT CONVERSION: Sublandlord, at its cost and expense, shall, prior to the
Commencement Date, cause the 20th floor of the Building to be in compliance with all applicable
federal, state, and local ordinances and laws relating to building code requirements, including,
but not limited to, material compliance with the Americans with Disabilities Act, for a
multi-tenant floor.

32. TERMINATION OPTION. Subtenant shall have the one-time right to terminate this
Sublease, exercisable by (i) providing written notice thereof to Sublandlord no sooner than the
last calendar day of the 45th month after the Commencement Date or later than the last calendar day
of the 51st month after the Commencement Date, and (ii) tendering to Sublandlord a termination fee
of $97,800.00.

33. T1 LINE: If a T1 Line exists in the Subleased Premises and is then serving the
Subleased Premises on the Commencement Date, Subtenant will have the right to use the existing T1
line at its sole cost and expense. Sublandlord makes no representation whatsoever respecting the
presence of said T1 Line or T1 service or continued service in connection therewith and shall have
no maintenance and repair obligations or liability therefor.

     IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties have executed this
Sublease the day and year first above written.

[signature pages follow]

SIGNATURE PAGE FOR SUBLESSOR

	 	 	 	 	 
	 	SUBLESSOR: BINDVIEW DEVELOPMENT CORPORATION, a Texas corporation

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

SIGNATURE PAGE FOR SUBTENANT

	 	 	 	 	 
	 	SUBLESSEE: NATIONWIDE LIFE INSURANCE COMPANY OF AMERICA

 	 
	 	By:  	 	 
	 	 	Donald V. Freiert, Jr. 	 
	 	 	Vice President - Corporate Facilities 	 
	 

9

 

EXHIBIT “A”

SUBLEASED PREMISES

EXHIBIT “B”

BINDVIEW BASE LEASE

Previously provided

EXHIBIT “C”

WORKLETTER

     The Work (as defined above) is to be completed in accordance with and subject to this
Workletter.

     1. Delays in Construction. The Commencement Date under the Sublease shall be postponed
for each day that Sublandlord fails to substantially complete the Work as a result of strikes, acts
of God, shortages of materials or labor, governmental approvals or requirements, the various causes
set forth below, or any other causes beyond Sublandlord’s reasonable control. In such case, the
commencement of Rent shall be similarly postponed, except to the extent that delays occur as a
result of one or more of the following (collectively called “Subtenant Delays”):

          (a) Subtenant’s requests for changes to the Work,

          (b) any upgrades, special work or other non-building standard items, or items not customarily
provided by Sublandlord to office tenants (to the extent that the same involve longer lead times,
installation times, delays or difficulties in obtaining building permits), requirements for any
governmental approval, permit or action beyond the issuance of normal building permits, or other
delays not typically encountered in connection with Sublandlord’s standard office improvements, or

          (d) any act or omission of Subtenant or Subtenant’s contractors, agents or employees, or any
breach by the Subtenant of any provisions contained in this Workletter or in the Sublease, or any
failure of Subtenant to cooperate with Sublandlord or otherwise act in good faith in order to cause
the Work to be designed and performed in a timely manner.

     2. Completion. Sublandlord shall be deemed to have “substantially completed” the Work
for purposes hereof if Sublandlord has caused all of the Work to be completed substantially except
for so-called “punchlist items,” e.g. minor details of construction or decoration or mechanical
adjustments which do not substantially interfere with Subtenant’s occupancy of the Subleased
Premises, or Subtenant’s ability to complete any improvements to the Subleased Premises to be made
by Subtenant. If there is any dispute as to whether Sublandlord has substantially completed the
Work, the good faith decision of Sublandlord’s contractor shall be final and binding on the
parties.

     3. Work Performed by Subtenant. Sublandlord, at Sublandlord’s discretion, may permit
Subtenant and Subtenant’s agents and contractors to enter the Subleased Premises prior to
completion of the Work in order to

10

 

make the Subleased Premises ready for Subtenant’s use and occupancy. If Sublandlord permits such
entry prior to completion of the Work, then such permission is conditioned upon Subtenant and
Subtenant’s agents, contractors, workmen, mechanics, suppliers and invitees working in harmony and
interfering with Sublandlord and Sublandlord’s contractors in doing the Work or with other
sublessees and occupants of the Building. If at any time such entry shall cause or threaten to
cause such disharmony or interference, Sublandlord shall have the right to withdraw such permission
upon twenty-four (24) hours oral or written notice to Subtenant. Subtenant agrees that any such
entry into the Subleased Premises shall be deemed to be under all of the terms, covenants,
conditions and provisions of the Sublease (including, without limitation, all insurance
requirements), except as to the covenant to pay Rental thereunder, and further agrees that
Sublandlord shall not be liable in any way for any injury, loss or damage which may occur to any
items of work constructed by Subtenant or to other property of Subtenant that may be placed in the
Subleased Premises prior to completion of the Work, the same being at Subtenant’s sole risk.

     4. Liability. The parties acknowledge that Sublandlord is not an architect or
engineer, and that the Work will be designed and performed by independent architects, engineers and
contractors. Accordingly, Sublandlord does not guarantee or warrant that the Plans (as defined in
the Sublease) will be free from errors or omissions, nor that the Work will be free from defects,
and Sublandlord shall have no liability therefor. In the event of such errors, omissions, or
defects, Sublandlord shall cooperate in any action Subtenant desires to bring against such parties.

     5. Incorporation Into Sublease; Default. THE PARTIES AGREE THAT THE PROVISIONS OF
THIS WORKLETTER ARE HEREBY INCORPORATED BY THIS REFERENCE INTO THE SUBLEASE. In the event of any
express inconsistencies between the Sublease and this Workletter, the latter shall govern and
control. Any default by a party hereunder shall constitute a default by that party under the
Sublease and said party shall be subject to the remedies and other provisions applicable thereto
under the Sublease.

EXHIBIT “D”

FURNITURE INVENTORY

1. 20 cubicles with chairs

2. 2 cubicle printer tables

3. 9 built-in desks

4. 18 chairs

5. Conference room table with 10 conference room chairs

6. 1 round table with 4 chairs

7. 1 large table in large room behind reception area

11exv10w1

 

Exhibit 10.1

AMENDED AND RESTATED

EMPLOYMENT
AGREEMENT

     THIS AGREEMENT (“Agreement”) is by and between I-Sector Corporation, a Delaware
corporation with principal offices at 6401 Southwest Freeway, Houston, Texas 77074 (“Company”) and
Brian Fontana, an individual residing at 4817 Palm Street, Bellaire, TX 77401 (“Employee”) and is
effective January 3, 2005.

     In consideration of Employee’s employment or continued employment in a new position by Company
and any additional compensation or benefits that Company may now or from time to time bestow upon
Employee, Employee and Company agree as follows:

     1. Employment. Company hereby employs or continues to employ Employee subject to the terms hereof,
and Employee hereby accepts such employment upon such terms. As used in this Agreement, the word
“Employee” shall be deemed to include, but not be limited to, Company’s Sales Agents and Sales
Managers.

     2. Compensation. Employee shall be compensated by Company as set forth in Attachment “A” attached
hereto and made a part hereof. Any and all compensation, bonus programs, commission programs and
stock incentive programs which are paid or which arise incident to the employment relationship
created by this Agreement, other than the one-time cash payment described hereinafter, are
discretionary and may be changed from time to time at the sole discretion of Company, however,
total compensation, as changed, shall not be lower than the base compensation in effect at the time
the change is made.

     3. Duties, Responsibilities. Employee shall function in whatever capacity(ies) Company shall
assign, whether for Company or its subsidiary(ies) and shall report to such executive officer, or
other designated superior of Employee, of Company or such subsidiary(ies) as may be designated from
time to time. Employee shall perform the usual functions of such position(s) and functions as
directed by such executive officer or superior from time to time. Employee shall truthfully,
completely and accurately make, maintain and preserve all records and reports that Company may from
time to time request or require. Employee shall also perform other duties for Company and its
subsidiary(ies) as Company may otherwise reasonably order and direct through such executive officer
and/or superior. Employee’s employment shall be subject to the policies of Company now or hereafter
adopted.

     4. Outside Business Interests. Employee agrees to faithfully devote all of his/her time, energy,
and skill to his/her employment with Company on a full-time basis for at least forty (40) hours per
week, Mondays through Fridays of each successive calendar month, but exclusive of holidays set by
Company and vacation periods in accordance with Company’s policies. Employee shall not, while
employed hereunder, be engaged in any other business activity, unless consented to in writing by
Company. Notwithstanding the foregoing, Employee may engage in passive personal investments that
do not interfere with the business and affairs of Company or interfere with the performance of
Employee’s duties to Company. Employee represents and warrants to Company that this Agreement, the
performance of his/her obligations under this Agreement or the employment relationship between
Company and Employee under this Agreement do not and will not violate or conflict with any
non-competition (as pertaining to being employed by a competitor), non-solicitation (as pertaining
to customers), non-interference (as pertaining to employees, agents or servants) or confidentiality
agreement (as pertaining to trade secrets and other confidential information), or any other
obligation to which Employee is subject. Employee also represents and warrants to Company that
he/she will not use the trade secrets or other confidential information of former employers or
others in connection with his/her employment by Company.

     5. Fiduciary Duties. Employee acknowledges and agrees that Employee owes a fiduciary duty of
loyalty, fidelity and allegiance to act at all times in the best interests of Company. Employee
agrees to not act or fail to act in any manner that would injure the business, interests, or
reputation of Company or any of its Affiliates (as defined below in paragraph 6). Additionally,
Employee agrees to immediately disclose to an executive officer or Employee’s immediate superior
all information and business opportunities pertaining to the business of Company and any of its
Affiliates learned of by

 

 

Employee while employed by Company and not to appropriate for Employee’s benefit or that of any
third party such opportunities or information.

     6. Dishonesty. If at any time Employee becomes aware, or believes, that any other employee, agent
or servant of Company, or any third party, is or appears to be (a) removing, concealing,
transferring or using any property or funds of Company for the benefit of anyone other than Company
or is otherwise not authorized by Company to do so, or (b) divulging, providing or otherwise
disseminating in any manner not authorized by Company any of Company’s Confidential Information (as
defined in the Confidentiality, Development and Non-Interference Agreement (“Confidentiality
Agreement”) to be executed by Employee concurrently herewith) to any third person not authorized by
Company to possess such Confidential Information, Employee shall immediately communicate his/her
knowledge or belief as to such matters to an executive officer of Company or to his/her immediate
superior.

     7. Restrictive Covenants. Employee agrees that the following covenants are reasonable and
necessary to protect Company’s interests, including but not limited to its trade secrets and other
confidential information, and therefore agrees to the following covenants which are agreed to be
ancillary to the Confidentiality Agreement to be executed by Employee concurrently herewith.
Employee agrees as follows:

(a) That certain Confidentiality Agreement entered into by and between Company and Employee
(as of dates below) is incorporated herein and hereat by reference for all pertinent
purposes and such Confidentiality Agreement and all of its terms and provisions shall be
deemed a part hereof and shall be enforceable hereunder separate and distinct from its
enforceability as a separate agreement, e.g., it shall be enforceable as a separate and
distinct agreement as well as being enforceable as a part hereof; and

Employee further agrees that he/she will not, while at any time employed by Company and for
a period of eighteen (18) months following the termination of such employment, whether as an
individual, or in any capacity, directly or indirectly:

(b) In competition with Company solicit or sell or participate in any way concerning a sale
of products or services similar to Company’s products or services to any customer or client
which Employee at any time solicited or sold for Company; and

(c) Induce or attempt to induce any distributor, vendor, representative, agent or contractor
of Company to terminate or modify its business relationship with Company;

(d) Induce or attempt to induce any of (i) Company’s customers or clients or (ii)
individuals or entities who/which have been customers or clients of Company within the 12
months preceding Employee’s termination of employment with Company, to terminate or in any
way modify its business relationship with Company; and

(e) Solicit, divert or take away, or attempt to solicit, divert or take away, from Company,
any individuals or entities who (i) are Company’s customers or clients or (ii) who/which
have been customers or clients of Company within the 12 months preceding Employee’s
termination of employment with Company; and

Employee further agrees that:

(f) In the event any court of competent jurisdiction at any time determines that all or any
part of the above and foregoing restrictive covenant(s) to be unenforceable, in whole or in
part, then in that event Employee hereby waives (and covenants not to sue Company) whatever
cause(s) of action he or she might otherwise have (whether under any antitrust law(s) or
otherwise) against Company because of its attempt to enforce same; and

 

 

(g) Enforcement
of the above paragraphs 7 (b) through (e), inclusive, is the only practical means of enforcing paragraph 7(a), above, and of enforcing the Confidentiality Agreement.
Employee agrees that enforcement of paragraphs 7 (b) through (e), inclusive, is necessary to
protect Company’s goodwill and other business interests. Paragraphs 7 (a) through (e),
inclusive, shall be deemed ancillary to the Confidentiality Agreement. Employee agrees that
all of the provisions of this Agreement and the Confidentiality Agreement are valid and
enforceable as written and according to their terms. For purposes of this Agreement, the
following definitions shall apply: (a) “Company” shall be deemed to mean and refer to the
entity named in the first paragraph hereof; (b) “Parent” shall be deemed to mean and refer
to any corporation which, directly or indirectly, controls Company or the referred to
subsidiaries through ownership or control of at least 80% of the authorized, issued and
outstanding shares of the common voting stock of Company or each of such subsidiaries; (c)
the word “Affiliates” includes Company’s Parent (if any) and subsidiaries of Company or
Company’s Parent (if any). The obligations of Employee as to this paragraph 7 hereof shall
apply to Company and its Affiliates, in which case such Affiliates shall be deemed to be
third party beneficiaries of such paragraph. The obligations of Company hereunder shall not
apply to such Parent and/or subsidiaries.

     8. Assignment. This Agreement applies to Company and its subsidiaries, Affiliates, successors,
assigns or its associated companies. Company may assign this Agreement at any time without notice
(but Employee cannot). This Agreement is personal to Employee and no individual or entity shall
have any interest in same except Employee, personally, on the one hand, and Company and its
subsidiaries, Affiliates, successors, assigns or its associated companies, on the other hand.

     9. Savings Clause — Non-Waiver. The failure of Company to at any time enforce any provision hereof
shall never be construed to be a waiver of such provision or of the right of Company to enforce
each and every provision hereof at any time. In the event any paragraph, provision or clause, or
any combination of same hereof shall be found or held to be unenforceable at law or in equity, or
under any ordinance, statute or regulation, such finding or holding shall not in any way affect the
other paragraphs, provisions and clauses which shall remain in full force and effect.

     10. Attorney’s Fees — Venue. This Agreement shall be governed by the internal laws, and not the
law of conflicts, of the State of Texas, or, at Company’s option, governed by the internal laws of
the state or states where this Agreement, and/or any of its provisions, may be at issue in any
litigation involving Company, in all respects. Venue respecting any litigation arising from this
Agreement and/or Employee’s employment with Company shall, at Company’s option, be properly laid
only in a court of competent jurisdiction in Harris County, Texas. Each party hereto acknowledges
and agrees that it has had the opportunity to consult with its own legal counsel in connection with
the negotiation of this Agreement and that it has bargaining power equal to that of the other party
hereto in connection with the negotiation, execution and delivery of the Agreement. Accordingly,
the parties hereto agree that the rule of contract construction that an agreement shall be
construed against the drafter shall have no application in the construction or interpretation of
this Agreement.

     11. Termination. Employee’s employment by Company may be terminated at any time by either party,
with or without cause. However, in any case in which the Company terminates the employment
relationship without cause, severance compensation equal to six months base salary, plus an addition one month of
base salary for each year of employment, up to an additional six months of base salary, for a
maximum of twelve months of base salary if the employment relationship had extended six years or
more shall be paid. The covenants and agreements of Employee set forth in paragraph 7 are of a
continuing nature and shall survive the expiration, termination or cancellation of this Agreement
and Employee’s employment with Company regardless of the reason(s) for such termination or
cancellation.

     12. Consideration For This Agreement. In addition to the employment, or continued employment, of
the Employee by Company, and in addition to the mutual covenants and promises of the parties
contained herein, Company shall, contemporaneous with the execution of this Agreement by Employee,
or within thirty days thereafter, pay to Employee additional and special consideration of a
one-time cash payment of $100.00 as additional and special consideration to support the covenants
and agreements of Employee contained herein. Such $100.00 is paid for both this Agreement and the
Confidentiality Agreement.

 

 

     13. Miscellaneous. Employee has no authority, express or implied, to assume or create any
obligation on behalf of or in the name of Company, nor shall employee have any authority to make
representations, warranties or guarantees not herein stated (and Company makes no warranty with
respect to any product or service sold by it except as otherwise specifically agreed in writing)
unless otherwise authorized, in writing, by Company. Employee may not make any allowances or
adjustments respecting customers without the written authorization of Company, nor may Employee
bind Company to any contract of employment, or otherwise, without Company’s consent; nor may
Employee endorse or cash Company’s checks or commercial paper; nor may Employee maintain any bank
account in the name of Company.

     14. Defamation and Privacy. Employee shall refrain, both during and after termination of the
employment relationship between Company and Employee, from publishing, uttering or otherwise
disseminating any oral or written statements about Company or its officers, directors, employees,
agents or representatives that are slanderous, libelous, or otherwise defamatory; or that disclose
private or confidential information about Company or its business affairs, officers, directors,
employees, agents or representatives that Employee knows or should know is materially injurious to
Company; or that constitute an intrusion into the seclusion or private lives or business affairs of
Company or its officers, directors, employees, agents or representatives that Employee knows or
should know is materially injurious to Company; or that give rise to unreasonable publicity about
the private business affairs of Company or its officers, directors, employees, agents or
representatives; or that place Company or any of its officers, directors, employees, agents or
representatives in a false light before the public; or that constitute a misappropriation of the
name or likeness of Company or its officers directors, employees, agents or representatives. A
violation or threatened violation of this prohibition may be enjoined by any court of competent
jurisdiction. The rights afforded Company under the provision of this paragraph 14 are in addition
to any and all rights and remedies otherwise afforded by law or by this Agreement.

     15. Indemnification. Company shall indemnify Employee in the same manner and to the same extent
that Company is obligated to indemnify its directors pursuant to Company’s certificate of
incorporation and bylaws, as each may be amended and restated from time to time.

     16. Entire Agreement. This Agreement (including all written amendments and/or modifications hereto
and all documents ancillary hereto) constitutes the entire agreement and understanding between the
parties and it is expressly agreed that no representations, promises, warranties or understandings,
express or implied, other than set forth herein or referred to herein, shall be binding on either
party. The Confidentiality Agreement is ancillary to this Agreement. None of the provisions hereof
shall be waived, altered or amended unless in writing signed by the parties.

     17. Employee’s Certification. Employee HEREBY CERTIFIES THAT:

	 	(A)	 	EMPLOYEE RECEIVED A COPY OF THIS AGREEMENT AND THE
CONFIDENTIALITY AGREEMENT FOR REVIEW AND STUDY BEFORE HE/SHE WAS ASKED TO
EXECUTE THEM;
	 
	 	(B)	 	EMPLOYEE HAS READ SUCH AGREEMENTS CAREFULLY;
	 
	 	(C)	 	EMPLOYEE HAS HAD SUFFICIENT OPPORTUNITY BEFORE HE/SHE EXECUTED
SUCH AGREEMENTS TO ASK QUESTIONS ABOUT NOT ONLY COMPANY, BUT ALSO THE
PROVISIONS OF SUCH AGREEMENTS AND THAT IF HE/SHE ASKED SUCH QUESTIONS HE/SHE
RECEIVED COMPLETE AND SATISFACTORY ANSWERS TO SAME;
	 
	 	(D)	 	EMPLOYEE HAS BEEN AFFORDED THE OPPORTUNITY TO DISCUSS AND
REVIEW THIS AGREEMENT AND THE CONFIDENTIALITY AGREEMENT WITH AN ATTORNEY OF
HIS/HER CHOICE;
	 
	 	(E)	 	EMPLOYEE UNDERSTANDS WHAT HIS/HER RIGHTS ARE UNDER THE AGREEMENTS AS WELL AS HIS/HER OBLIGATIONS, ESPECIALLY THE ANCILLARY
COVENANTS; AND

 

 

	 	(F)	 	EMPLOYEE HAS READ AND UNDERSTANDS EACH AND EVERY PROVISION OF
THE AGREEMENTS AND DOES HEREBY ACCEPT AND AGREE TO THE SAME.

     IN WITNESS WHEREOF, Employee has, on the date set forth below, affixed his/her hand and
Company has caused this Agreement to be executed by a duly authorized officer, on the date set
forth below.

	 	 	 
	

	 	Employee:
	 
	 	 
	Date:
December 20, 2004

	 	/s/ Brian Fontana 

Signature
 

Brian
Fontana
 
	 
	 	 
	

	 	Company:
	 
	 	 
	Date: December 20, 2004

	  	By  /s/ James H.
Long

James H. Long,

President and Chief Executive Officer

 

 

Attachment “A”

To Employment Agreement

Salary shall be fifteen thousand eight hundred thirty three and 34/100 dollars ($15,833.34) per
month, payable in accordance with Company’s standard pay policies and procedures, which currently
provide for a semi-monthly payroll period. Pay shall be prorated for any partial pay period, if
any. In addition to salary, an annual bonus shall be paid, the amount and terms of which shall be
set from time to time in writing by the compensation committee of the board of directors of the
Company.

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