Document:

Employment Agreement

 Exhibit 10.1 

 

			
	 Jay Bray
 President & Chief Executive Officer
	  	

 February 1, 2012 
 Mr. David Hisey 
 8315 Woodlea Mill Road 

McLean, VA 22102 
 Dear David: 

This letter will confirm our offer and your acceptance to join our team as Executive Vice President & Chief Financial Officer, reporting
directly to me. The details of our offer are outlined below: 
  

			
	 Position Title:
	  	Executive Vice President & Chief Financial Officer
		
	 Base Salary:
	  	Your annual base salary will be $375,000. You will be paid semi-monthly at the rate of $31,250 per month.
		
	 Bonus Opportunity:
	  	You will be eligible to participate in the Executive Management Bonus Plan which is based on Operating Cash Flow. A bonus pool of 5% of Operating Cash Flow is created at year
end. Your annual bonus is expected to be 15% of the bonus pool.
		
	 Bonus Guarantee:
	  	For 2012, you will receive a minimum bonus guarantee of $1,000,000.
		
	 Long Term Incentive Opportunity:
	  	You will be eligible to participate in Nationstar’s Long Term Equity Plan. Participants in the Plan receive equity grants that vest equally over three (3) years. Your
initial opportunity will be 35% of your annual bonus.
		
	 Sign-on Equity Award:
	  	You will receive an initial equity grant of $1,000,000, vested equally over a three year period from the date of grant.
		
	 Employment Agreement:
	  	You will be provided with an employment agreement which includes a 12 month severance provision (12 month’s base salary plus 100% of prior year’s actual bonus) should
your employment be terminated by the Company without cause or by you for good reason.
		
	 Relocation:
	  	You will be given a relocation allowance of $225,000 subject to adjustments as agreed upon as timing and amounts are more clearly determined. You will be reimbursed for
reasonable and customary expenses for house hunting trips for you and your spouse; temporary living; expenses associated with the sale/closing of your current residence; transfer of household goods; reporting expenses; and periodic travel between
Dallas and your current residence during your period of temporary living. Should you voluntarily terminate employment with Nationstar within two years of your employment date, you will be required to reimburse Nationstar for the relocation payment.
Should your employment be terminated by the Company without cause or by you for good reason, the Company will pay your relocation from Dallas consistent with its relocation policy.
		
	 Anticipated Start Date:
	  	February 27, 2012

  
  

350 Highland Drive, Lewisville, Texas 75067 Ÿ Phone 469.549.3337 Ÿ jay.bray@nationstarmail.com 

 David Hisey 
 Page 2 
  

 Should you accept employment with Nationstar, you are eligible to participate in a variety of health and
welfare plans: medical, dental, life, disability, sick leave, vacation and paid holidays. You will also be eligible to participate in the Nationstar 401-k plan. More information about these benefits is included in your new hire package with
instructions for enrollment. 
 This offer is contingent upon the following: 

 

	 	•	 	 Proof of right to work in accordance with (I-9) governmental requirements, 

 

	 	•	 	 Verification of the information you have provided, and 

 

	 	•	 	 Upon obtaining negative drug test results and satisfactory background check. 

There are several important documents for you to read and complete to ensure a smooth transition to Nationstar. We ask that you complete these activities
prior to your first day. 
 Complete all the new hire paperwork in the e-mail titled “New Hire Paperwork: Nationstar Mortgage”. You
will note that on certain paperwork (i.e. forms I-9 and W-4) there are sections for the employer to complete. Please leave these sections blank. It is necessary that you complete all paperwork and e-mail it back before your first day. 

I am anxiously looking forward to you joining the Nationstar team. If you have any questions regarding the content of this memo, please feel free to
contact me at any time. I will endeavor to answer any questions you may have. 
 Initially this memo will be transmitted to you via e-mail for
your review. An original copy, along with an employee new hire information package, will be sent this evening via next day delivery to your residence. 
  

	
	Best Regards,
	
	

	Jay Bray

  
  

Please sign the enclosed copy of the offer letter and return to me. 
 I, David Hisey, concur with all the conditions outlined in the above letter. 
  

					
	/S/ David Hisey	 		 	2-9-12
	(signature)	 		 	(date)Employment Agreement

 Exhibit 10.2 

 

			
	 Jay Bray
 President & Chief Executive Officer
	  	

 REVISED AND SUPERSEDES OFFER LETTER DATED JANUARY 5, 2012 

January 18, 2012 
 Mr. Harold Lewis

 2560 Sugarloaf Club Drive 
 Duluth,
GA 30097 
 Dear Harold: 
 This letter
will confirm our offer and your acceptance to join our team as President & Chief Operating Officer, reporting directly to me. The details of our offer are outlined below: 

 

			
	 Position Title:
	  	President & Chief Operating Officer
		
	 Base Salary:
	  	Your annual base salary will be $450,000. You will be paid semi-monthly at the rate of $37,500 per month.
		
	 Bonus Opportunity:
	  	You will be eligible to participate in the Executive Management Bonus Plan which is based on Operating Cash Flow. A bonus pool of 5% of Operating Cash Flow is created at year
end. Your annual bonus is anticipated to be 20% of the bonus pool
		
	 Bonus Guarantee:
	  	For 2012, you will receive a minimum bonus guarantee of $1,150,000.
		
	 Long Term Incentive Opportunity:
	  	You will be eligible to participate in Nationstar’s Long Term Equity Plan. Participants in the Plan receive equity grants that vest equally over three (3) years. Your
initial opportunity will be 35% of your annual bonus.
		
	 Sign-on Equity Award:
	  	You will receive an initial equity grant of $1,000,000, vested equally over a three year period from the date of grant.
		
	 Sign-on Bonus:
	  	To compensate for the forfeiture of your 2011 profit sharing payout, you will receive a sign-on bonus of $650,000, payable within two weeks of your start date. Should you
voluntarily terminate employment with Nationstar within two years of your employment date, you will be required to reimburse Nationstar for the sign-on bonus.
		
	 Deferred Cash Award:
	  	You will receive a deferred cash award in the amount of $100,000 which will vest in twelve (12) months from your date of hire and paid within 30 days of such
date.
		
	 Employment Agreement:
	  	You will be provided with an employment agreement which includes a 12 month severance provision (12 month’s base salary plus 50% of prior year’s actual bonus) should
your employment be terminated by the Company without cause or by you for good reason.

  
  

350 Highland Drive, Lewisville, Texas 75067 Ÿ Phone 469.549.3337 Ÿ jay.bray@nationstarmail.com 

 Harold Lewis 
 Page 2 
  

			
	 Relocation:
	  	You will be given a relocation payment of $550,000, payable within 30 days of your start date. Reimbursable expenses which are taxable will be grossed up for tax purposes. Should
you voluntarily terminate employment with Nationstar within two years of your employment date, you will be required to reimburse Nationstar for the relocation payment.
		
	 Anticipated Start Date:
	  	February 15, 2012

 Should you accept employment with Nationstar, you are eligible to participate in a variety of health and welfare plans:
medical, dental, life, disability, sick leave, vacation and paid holidays. You will also be eligible to participate in the Nationstar 401-k plan. More information about these benefits is included in your new hire package with instructions for
enrollment. 
 This offer is contingent upon the following: 
  

	 	•	 	 Proof of right to work in accordance with (I-9) governmental requirements, 

 

	 	•	 	 Verification of the information you have provided, and 

 

	 	•	 	 Upon obtaining negative drug test results and satisfactory background check. 

There are several important documents for you to read and complete to ensure a smooth transition to Nationstar. We ask that you complete these activities
prior to your first day. 
 Complete all the new hire paperwork in the e-mail titled “New Hire Paperwork: Nationstar Mortgage”. You
will note that on certain paperwork (i.e. forms I-9 and W-4) there are sections for the employer to complete. Please leave these sections blank. It is necessary that you complete all paperwork and e-mail it back before your first day. 

I am anxiously looking forward to you joining the Nationstar team. If you have any questions regarding the content of this memo, please feel free to
contact me at any time. I will endeavor to answer any questions you may have. 
 Initially this memo will be transmitted to you via e-mail for
your review. An original copy, along with an employee new hire information package, will be sent this evening via next day delivery to your residence. 
  

	
	Best Regards,
	
	

	Jay Bray

  
  

Please sign the enclosed copy of the offer letter and return to me. 
 I, Harold Lewis, concur with all the conditions outlined in the above letter. 
  

					
	/S/ Harold Lewis	 		 	1-20-12
	(signature)	 		 	(date)EX-4.1

 Exhibit 4.1 
 CERTIFICATE OF AMENDMENT 
 OF THE AMENDED AND RESTATED 

CERTIFICATE OF INCORPORATION OF 
 ELANDIA INTERNATIONAL INC. 
 This corporation, eLandia International Inc.,
organized and existing under and by virtue of the General Corporation Law of the State of Delaware, does hereby certify: 

FIRST: That, pursuant to a special meeting of the Board of Directors of the Corporation, held March 20, 2012, resolutions
were duly adopted setting forth a proposed amendment to the Amended and Restated Certificate of Incorporation of eLandia International Inc., a Delaware corporation (the “Corporation”), declaring said amendment to be advisable and directing
that said amendment be considered by consent of the stockholders of the Corporation. 
 SECOND: That, pursuant to a
written consent of the stockholder owning the majority of the outstanding shares of voting stock of the Corporation, effective March 20, 2012, such stockholder duly adopted resolutions setting forth a proposed amendment of the Amended and
Restated Certificate of Incorporation of the Corporation, declaring said amendment to be advisable. The resolution setting forth the proposed amendment is as follows: 
 RESOLVED, that Paragraph 4 of the Amended and Restated Certificate of Incorporation is hereby deleted in its entirety and replaced with the following: 

4. Capital Stock 
 The aggregate number of shares of all classes of capital stock which the Corporation shall have the authority to issue is 85,000,000 non-assessable shares, of which 50,000,000 shall be designated as
common stock with a par value $0.00001 per share (the “Common Stock”), and 35,000,000 shares shall be designated as preferred stock with a par value of $0.00001 per share (the “Preferred Stock”). The outstanding shares of Common
Stock shall be reverse split on a one (1) for ten thousand (10,000) basis, effective as of the effective date of this Certificate of Amendment. Holders of fractional shares resulting from the reverse split shall be paid consideration of
$0.65 per share based on the number of shares of Common Stock held by such holders immediately prior to the effective date of the reverse split. Holders of at least one share of common stock following the reverse split will receive fractional shares
to the extent the amount of shares owned by such stockholders following the reverse split is not equally divisible by 10,000. The Preferred Stock may be issued from time to time in series, with such designations, preferences, conversion rights,
cumulative, relative, participating, optional or other rights, qualifications, limitations or restrictions thereof as shall be stated and expressed in the resolution or resolutions providing for the issuance of such Preferred Stock and adopted by
the Board of Directors pursuant to the authority granted herein. 
 THIRD: That, the stockholder holding a majority of
the shares of common stock entitled to vote, in accordance with Section 228 of the General Corporation Law of the State of Delaware, met the necessary number of shares as required by statute, and voted in favor of the amendment. 

FOURTH: That said amendment was duly adopted in accordance with the provisions of Section 242 of the General Corporation Law
of the State of Delaware. 

 IN WITNESS WHEREOF, the Corporation has caused this Certificate
to be signed this 30th day of April, 2012. 

 

			
	
		
	By:	 	/s/ Harley L. Rollins
	Name:	 	Harley L. Rollins
	Title:	 	President

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