Document:

exv10w1

 

Exhibit 10.1

THIRD AMENDMENT TO EMPLOYMENT AGREEMENT

          THIS THIRD AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made effective as of
February 28, 2007 by and between United Surgical Partners International, Inc., a Delaware
corporation (the “Company”), and Donald E. Steen (the “Employee”).

W I T N E S S E T H

          WHEREAS, the Company and the Employee entered into an Employment Agreement dated November 15,
2002, as amended by that certain Amendment to Employment Agreement, dated February 18, 2004, and
that certain Second Amendment of Employment Agreement, dated April 28, 2006 (as amended, the
“Agreement”); and

          WHEREAS, the Company and the Employee wish to amend certain provisions of the Agreement,
effective as of the date set forth above.

          NOW, THEREFORE, in consideration of the Employee’s continued employment and other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company
and the Employee agree as follows:

          1.      Recitals. The foregoing recitals are true and correct and are incorporated herein
by this reference.

          2.      Excise Tax. A new Section 11 is hereby added to the Agreement, to read in its
entirety as follows:

          “11.      Excise Tax. If any of the payments or benefits due to
Employee under this Agreement would otherwise result in a liability for any
excise taxes pursuant to Internal Revenue Code (“Code”) Section 4999
(“Excise Tax”) (whether at the time of payment or upon a later IRS audit),
the Company and Employee agree to use commercially reasonable efforts to
restructure, in a manner reasonably acceptable to the Company and Employee,
such payments or benefits due to Employee so that such Excise Tax is
eliminated or minimized to the extent permitted by applicable law. If,
despite the use of commercially reasonable efforts, the Company and Employee
are unable, consistent with applicable law, to agree on the restructuring of
the payments or benefits due to Employee under this Agreement to eliminate
such Excise Tax consistent with legal requirements, the Company will
reimburse Employee for the amount of such Excise Tax plus all federal, state
and local taxes applicable to the Company’s payment of such Excise Tax,
including any additional taxes due under Section 4999 of the Code with
respect to payments made pursuant to this provision. Calculations for these
purposes will assume the highest marginal rate for individuals applicable at
the time of calculation. The intent of this section is that the Company
will pay Employee an additional amount (the “Gross-Up Payment”) such that
the net amount retained by Employee after deduction of (i) any Excise Tax
imposed on any such payment or benefit and (ii) any Excise Tax, federal,
state or local income, and/or payroll taxes imposed on the Gross-Up Payment,
will equal the amount of such payment or benefit reduced by all applicable
taxes on such amount other than the Excise Tax; provided, that the
Gross-Up payment will not include any additions to tax imposed on the
Employee by reason of Section 409A of the Code.”

 

 

          3.      Conflicting Terms & Survival of Agreement. Except as specifically set forth
herein, the Agreement shall remain in full force and effect. In the event the terms of this
Amendment shall conflict with the terms of the Agreement, the terms of this Amendment shall
control.

          4.      Counterparts. This Amendment may be executed in any number of counterparts, each
of which shall be deemed to be an original, and all of which together constitute one document.

          5.      Final Agreement. The Agreement, as amended by this Amendment, constitutes the
final agreement between the parties hereto and supercedes any prior or contemporaneous agreement or
representation, oral or written, among them with respect to the matters set forth in the Agreement
and this Amendment.

          6.      Governing Law. This Amendment shall be governed by and construed in accordance
with the laws of the State of Texas, without reference to principles of conflict of laws.

2

 

          IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written
above.

	 	 	 	 	 
	 	UNITED SURGICAL PARTNERS INTERNATIONAL, INC.

 	 
	 	By:  	/s/ William H. Wilcox
 	 
	 	 	William H. Wilcox 	 
	 	 	President and Chief Executive Officer 	 
	 
	 	EMPLOYEE

 	 
	 	/s/ Donald E. Steen
 	 
	 	Donald E. Steen 	 
	 	 	 
	 

3exv10w2

 

Exhibit 10.2

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT

          THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made effective as of
February 28, 2007 by and between United Surgical Partners International, Inc., a Delaware
corporation (the “Company”), and William H. Wilcox (the “Employee”).

W I T N E S S E T H

          WHEREAS, the Company and the Employee entered into an Employment Agreement dated November 15,
2002, as amended by that certain First Amendment to Employment Agreement, dated November 15, 2006
(as amended, the “Agreement”); and

          WHEREAS, the Company and the Employee wish to amend certain provisions of the Agreement,
effective as of the date set forth above.

          NOW, THEREFORE, in consideration of the Employee’s continued employment and other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company
and the Employee agree as follows:

          1.      Recitals. The foregoing recitals are true and correct and are incorporated herein
by this reference.

          2.      Excise Tax. A new Section 11 is hereby added to the Agreement, to read in its
entirety as follows:

          “11. Excise Tax. If any of the payments or benefits due to
Employee under this Agreement would otherwise result in a liability for any
excise taxes pursuant to Internal Revenue Code (“Code”) Section 4999
(“Excise Tax”) (whether at the time of payment or upon a later IRS audit),
the Company and Employee agree to use commercially reasonable efforts to
restructure, in a manner reasonably acceptable to the Company and Employee,
such payments or benefits due to Employee so that such Excise Tax is
eliminated or minimized to the extent permitted by applicable law. If,
despite the use of commercially reasonable efforts, the Company and Employee
are unable, consistent with applicable law, to agree on the restructuring of
the payments or benefits due to Employee under this Agreement to eliminate
such Excise Tax consistent with legal requirements, the Company will
reimburse Employee for the amount of such Excise Tax plus all federal, state
and local taxes applicable to the Company’s payment of such Excise Tax,
including any additional taxes due under Section 4999 of the Code with
respect to payments made pursuant to this provision. Calculations for these
purposes will assume the highest marginal rate for individuals applicable at
the time of calculation. The intent of this section is that the Company
will pay Employee an additional amount (the “Gross-Up Payment”) such that
the net amount retained by Employee after deduction of (i) any Excise Tax
imposed on any such payment or benefit and (ii) any Excise Tax, federal,
state or local income, and/or payroll taxes imposed on the Gross-Up Payment,
will equal the amount of such payment or benefit reduced by all applicable
taxes on such amount other than the Excise Tax; provided, that the
Gross-Up payment will not include any additions to tax imposed on the
Employee by reason of Section 409A of the Code.”

 

 

          3.      Conflicting Terms & Survival of Agreement. Except as specifically set forth
herein, the Agreement shall remain in full force and effect. In the event the terms of this
Amendment shall conflict with the terms of the Agreement, the terms of this Amendment shall
control.

          4.      Counterparts. This Amendment may be executed in any number of counterparts, each
of which shall be deemed to be an original, and all of which together constitute one document.

          5.      Final Agreement. The Agreement, as amended by this Amendment, constitutes the
final agreement between the parties hereto and supercedes any prior or contemporaneous agreement or
representation, oral or written, among them with respect to the matters set forth in the Agreement
and this Amendment.

          6.      Governing Law. This Amendment shall be governed by and construed in accordance
with the laws of the State of Texas, without reference to principles of conflict of laws.

2

 

          IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written
above.

	 	 	 	 	 
	 	UNITED SURGICAL PARTNERS INTERNATIONAL, INC.

 	 
	 	By:  	/s/ Donald E. Steen
 	 
	 	 	Donald E. Steen 	 
	 	 	Chairman 	 
	 
	 	EMPLOYEE

 	 
	 	/s/ William H. Wilcox
 	 
	 	William H. Wilcox 	 
	 	 	 
	 

3exv10w9

 

EXHIBIT 10.9

Borrowed Employees and Advisory Agreement

This Borrowed Employees and Advisory Agreement is made effective as of March 2006, between
Amphion Innovations US Inc. (“AI”) and Axcess International, Inc. (“AXCESS”). Axcess is publicly
traded on the Bulletin Board as OTCBB: AXSI. Axcess is a provider of hardware and software
solutions in the security and transportation industry. AI will assist in a variety of areas
relating to the investor relations and technology research for Axcess under the following terms and
conditions:

1. Use of AI Employees. Axcess requires certain unique and specialized services as
described in section 2 below, to operate and maintain its business. However, the rendering of such
services does not rise to the level of Axcess hiring full time employees. AI hereby agrees to
allow Axcess to utilize, on an “as needed” part-time basis, three of its current employees who have
the ability to provide the services needed by Axcess. It is understood and agreed by the parties
that the compensation described herein shall be all the compensation required to be paid by Axcess
for use of the AI employees and Axcess, under no circumstances, will pay the employees directly or
be responsible for payment of any withholding taxes or benefits. It is further understood and
agreed that neither party, for any purpose, will make any claim that the AI employees are employees
of Axcess.

2. Services of AI.

     For the Term of this Agreement (as hereinafter defined), AI will work cooperatively with
Axcess to assist in the growth of Axcess as set forth below. AI will provide Axcess with the use
of employees as described above who will be dedicated, on a part-time basis, to provide these
services, in addition to the services of Robert Bertoldi and Richard Morgan. AI will provide
Axcess the following:

	 	a.	 	Identification, evaluation and advice on a variety of options for Axcess to
undertake to enhance its current technology offerings, including sources of
complementary technology and technology partnering;
	 
	 	b.	 	Investor relations services, including becoming the initial point of contact for
the Preferred Equity Investors, providing both materials and information to interested
parties;
	 
	 	c.	 	Advice and assistance with strategies relating to asset development, asset
enhancement and maximization of asset utilization, including those associated with any
intellectual property assets.

     AI will provide a written report to the Chairman of the Audit Committee, with a copy to the
President and CEO of Axcess, outlining the services provided to Axcess and results from the
previous month. AI will have the opportunity to present to the Audit Committee on a quarterly
basis if they so desire.

3. Non-Exclusivity of Relationship.

     It is understood and acknowledged by Axcess that AI presently has, and anticipates having
throughout the Term, other clients for which it performs the same or similar services to those to
be performed in accordance herewith, and that AI shall be under no obligation to restrict its
ability in any way to perform services for any other client-companies.

     It is understood that Axcess, from time to time, will employ investment bankers, analysts,
finders, brokers, public relations firms, and consultants to assist Axcess. This Agreement shall
only refer to those opportunities and services introduced by AI, or introduced by Axcess for the
assistance and help from AI.

4. Term of Agreement.

     The Agreement shall be effective for a period of twelve (12) months, commencing on the date
first appearing above (the “Term of Agreement”) and will renew on an annual basis unless either
party notifies the other in writing, not less than 30 days before the end of the term, of their
desire to terminate the agreement.

5. Compensation to AI from Axcess.

     In consideration for the services rendered by AI to Axcess pursuant to the Agreement (and in
addition to the expenses provided for in Paragraph 6 hereof), and throughout the Term of Agreement,
Axcess shall compensate AI as follows:

Monthly Retainer and Additional Compensation. AI shall be compensated at the
rate of $10,000 per month payable in advance on the first day of each month. This
cash payment will automatically be suspended for any month in which Axcess’ cash
position falls below $500,000 on the first day of the month with an additional month
being added on to the end of the contract to compensate AI for their services.

6. Expenses.

     It is anticipated that expenses incurred in the fulfillment in connection with the services
performed by AI pursuant to this Agreement shall be addressed on a case by case basis and
pre-approved by an officer of Axcess.

 

 

7. Role of Finder.

     In connection with any Financing Transactions hereunder, Axcess acknowledges that AI is not a
registered broker-dealer under Section 15A of the U.S. Securities Exchange Act of 1934, or any
similar state law, and that AI cannot, and shall not be required hereunder to, engage in the offer
or sale of securities for or on behalf of Axcess. While AI has pre-existing relationships and
contacts with various investors, registered broker-dealers and investment funds, AI’s participation
in any actual or proposed offer or sale of Company securities shall be limited to that of an
advisor to Axcess.

     Axcess acknowledges and agrees that the solicitation and consummation of any purchases of
Axcess’ securities shall be handled by Axcess or one or more NASD member firms engaged by Axcess
for such purposes.

8. Third Party Fees.

     Any third party fees payable in connection with the services described shall be the exclusive
responsibility of, and shall be paid by AI.

9. Limitation on Use of Certain Information.

     Axcess acknowledges that all services and advice (written or oral) provided by AI to Axcess in
connection with the Agreement are intended solely for the benefit and use of Axcess in considering
the subject matter to which they relate, and Axcess agrees that no person or entity (including any
shareholders of Axcess) other than Axcess shall be entitled or advised to make use of or rely upon
the advice of AI provided pursuant hereto. In any event, neither Axcess nor any other parties may
use the AI name in any public references, press releases or public filings in connection with
Axcess without AI’s prior written consent.

10. Reliance by AI on Accuracy of Information; 12(b) 5 Representation.

     Axcess recognizes and acknowledges that, in advising Axcess and in fulfilling the Agreement
hereunder, AI will use and rely on data, material and other information furnished to AI by Axcess.
Axcess agrees that AI may do so without independently verifying the accuracy or completeness of
such data, material or other information. Axcess represents and warrants that any such data,
material or information shall be true and accurate and shall not, as of the time communicated,
contain any untrue statement of a material fact or omit to state a material fact required to be
stated therein or necessary in order to make the statements therein, in light of the circumstances
under which they were made, not misleading.

11. Confidentiality.

     If any of the data, material or other information is non-public or confidential when revealed
or otherwise shared with representatives of AI, and identified in writing as such at the time it is
revealed or shared (“Confidential Information”), AI and its officers, directors, employees, agents
and associates shall hold all Confidential Information in complete and strict confidence and will
not, without prior written consent of Axcess, in each instance, disclose any Confidential
Information, in whole or part, to any other person or for any other purpose than is expressly
approved by Axcess in writing. To the extent that Axcess in writing approves disclosure of
Confidential Information, excepting information required to be disclosed by legal process, law or
regulation, AI agrees that each party or individual to whom such disclosure is made shall be
informed of the confidential nature of the information disclosed and be obligated to sign standard
non-disclosure agreements.

12. Indemnification.

     Each party (an “Indemnifying Party”) hereby agrees to indemnify and hold the other party and
its respective affiliates, directors, officers, employees and agents (collectively, the
“Indemnified Parties”) harmless from, and to reimburse each of the Indemnified Parties for, any
loss, damage, deficiency, claim, obligation, suit, action, fee, cost or expense of any nature
whatsoever (including, but not limited to, reasonable attorney’s fees and costs) arising out of,
based upon or resulting from any breach of any of the representations, warranties, covenants,
agreements or undertakings of the Indemnifying Party contained in or made pursuant to this
Agreement Letter.

13. Nature of Agreement; Limitation on Authority of AI to Bind.

     AI shall perform its services hereunder as an independent contractor and not as an employee of
Axcess or an affiliate thereof. It is expressly understood and agreed to by the parties hereto
that AI shall have no authority to act for, represent or bind Axcess or any affiliate thereof in
any manner, except as may be agreed to expressly by Axcess in writing from time to time.

14. Miscellaneous.

	 	(a)	 	This Agreement constitutes the entire agreement and understanding
of the parties hereto, and supersedes any and all previous agreements and
understandings, whether oral or written, between the parties with respect to the
matters set forth herein.

 

 

	 	(b)	 	Any notice or communication permitted or required hereunder shall
be in writing and shall be deemed sufficiently given if hand-delivered via
courier or overnight service or sent (i) postage prepaid by registered mail,
return receipt requested, to the respective parties as set forth below, or to
such other address as either party may notify the other of in writing:

	 	 	 	 	 
	 

	 	If to AI, Inc. to:
	 	Robert J. Bertoldi, President

Amphion Innovations US Inc.

330 Madison Avenue, 31st Floor

New York, NY 10017

212-210-6201
	 
	 	 	 	 
	 	 	If to Axcess, to:    Allan Griebenow, CEO
	 

	 	 	 	Axcess International, Inc.

3280 Commander Drive

Carrolton, TX 75006

Direct: 972-250-5978

          (c) This Agreement shall be binding upon and inure to the benefit of each of the parties
hereto and their respective successors, legal representatives and assigns.

          (d) Axcess represents that it has the power to enter into this Agreement and to carry out its
obligations hereunder. This Agreement constitutes the valid and binding obligation of Axcess and
is enforceable in accordance with its terms. Axcess further represents that this Agreement does
not conflict with or breach any agreement to which it is subject or by which it is bound.

          (e) This Agreement may be executed in any number of counterparts, each of which together shall
constitute one and the same original document.

          (f) No provision of this Agreement may be amended, modified or waived, except in writing and
signed by all of the parties hereto.

          (g) This Agreement shall be construed in accordance with and governed by the laws of the State
of Texas, without giving effect to its conflict of law principles. The parties hereby agree that
any dispute between them arising out of or in connection with this Agreement shall be adjudicated
before a court located in Collin County, Texas, and they hereby submit to the exclusive
jurisdiction of the courts of the State of Texas.

          (h) Axcess hereby acknowledges that it shall bear the burden of proof in any action or
proceeding involving a claim by AI to any Additional Compensation due hereunder arising out of any
Compensable Event involving a third party claimed by AI to have been originally introduced to
Axcess by AI.

          (i) Whenever used in this agreement, Company shall include its officers, directors, employees,
agents, associates, affiliates, subsidiaries, successors and assigns.

     If the foregoing correctly sets forth the understanding between AI and Axcess with respect to
the foregoing, please so indicate by signing in the place provided below, at which time this
Agreement shall become a binding agreement.

	 	 	 	 	 
	 	Axcess International, Inc.

 	 
	 	By:  	/s/ Allan Griebenow
 	 
	 	 	Allan Griebenow 	 
	 	 	President 	 
	 

Accepted and Agreed:

Amphion Innovations US Inc.

	 	 	 
	/s/ Robert Bertoldi
 

By Robert J. Bertoldi

	 	 
	 
	 	 
	Date: 4/6/06

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