Document:

Exhibit 10.11

 Exhibit 10.11 
 EXECUTION COPY 
 EMPLOYMENT AGREEMENT 

EMPLOYMENT AGREEMENT, dated as of February         , 2007 (this
“Agreement”) by and between SFA, Inc., a Maryland corporation (the “Company”) and Mr. John O. Brennan (“Executive”). 
 WHEREAS, the Company has entered into a Stock Purchase Agreement with Global Technology Strategies, Inc. (“GTS”) dated
February         , 2007 (the “Purchase Agreement”), pursuant to which the Company will become a wholly-owned subsidiary of GTS effective as of the “Closing Date” (as
such term is defined in the Purchase Agreement, the “Closing Date”); and 
 WHEREAS, the Company desires to
employ Executive, and Executive desires to serve the Company on the following terms and conditions, effective as of the Closing Date; and 
 WHEREAS, this Employment Agreement shall be without any force or effect and void ab initio if the Purchase Agreement is terminated before the consummation of the purchase of the Company contemplated
thereby. 
 In consideration of the foregoing and the covenants below, the Company and Executive agree as follows: 

1. Employment. 
 (a) During the Term (as defined in Section 2 hereof), the Company shall employ Executive, and Executive shall render services to the Company, as President/Chief Executive Officer of TAC. Executive
shall perform during his employment with the Company such duties and exercise such powers in relation to the business of the Company commensurate with his position as President/CEO of TAC. 
 (b) As such, Executive shall report to the Chief Executive Officer of the Company (the “CEO”). 
 (c) Executive shall have the authority to perform such actions consistent with his position and such other duties as may from time to time
be assigned to Executive by the CEO. In the performance of his duties, Executive shall report to the CEO, and shall comply with such limits on Executive’s authority as the CEO may from time to time impose. Executive shall devote his full and
exclusive business time and best efforts to the performance of his duties under this Agreement and shall perform them faithfully and diligently; provided that Executive may (i) serve on corporate, civic or charitable boards or committees and
(ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and retain any remuneration received therefore as long as such activities do not interfere with the performance of his duties hereunder. 

 2. Term of Employment. The Company shall employ Executive from the date of
this Agreement until he resigns or his employment is terminated in accordance with Section 4 below (the “Term”). Subject to the provisions of this Section 2 and earlier termination pursuant to Section 4 below, the
term of this Agreement shall commence as of the Closing Date and shall end on the second anniversary thereof, provided that, subject to earlier termination pursuant to the other terms hereof, commencing on the second anniversary of the Closing Date,
and on each anniversary of the Closing Date thereafter, the term of this Agreement shall automatically be extended for an additional year unless, not later than three (3) months prior to the expiration of the then-existing term, the Company or
the Executive shall have given notice not to extend the term of this Agreement. All periods during which the Executive is employed hereunder shall hereinafter be referred to as the “Term.” 
 3. Compensation. 
 (a) Salary. As full compensation for Executive’s services under this Agreement, Executive shall he entitled to an annual gross salary at the rate of $257,504.00 US Dollars
(“Base Salary”) The Base Salary shall be payable in accordance with the Company’s normal payroll practices. If Executive’s employment begins or terminates part way through a payment period, his Base Salary will be prorated
based on the actual number of days included in the period. All forms of compensation referred to in this Agreement are subject to applicable withholding and payroll taxes. 
 (b) Bonus. In addition to his Base Salary, Executive will also be considered for an annual bonus of up to a maximum of 50% of
the Base Salary, pro rata, and an additional 50% of Base Salary, pro rata, based on meeting agreed upon additional performance objectives. Bonuses are intended to reward exceptional effort which has increased the profitability of the Company during
the Company’s previous financial year (“Financial Year”). Bonuses in respect of the Company’s financial year ending March 31, 2007, if earned, shall be allocated and paid in such amounts and at such times in
accordance with the Company’s bonus practices or procedures in effect prior to the date hereof. Receipt by Executive of a bonus in relation to any Financial Year is not to be regarded as establishing an entitlement on the part of Executive to
receive a bonus in relation to subsequent Financial Years or as to the amount of any such bonus. Bonuses are subject to Executive still being employed by the Company at the date payment is due and to his not being under notice of termination on that
date either given by Executive or the Company. 
 (c) Retention Bonus. The Executive shall receive a total
retention bonus of $230,000 (the “Total Retention Bonus”), 50% of which is to be paid on the first anniversary of the Closing Date and the remaining 50% to be paid on the second anniversary of the Closing Date. If the
Executive’s employment is terminated for Cause (as defined below) or the Executive voluntarily resigns prior to payment of a tranche of the Total Retention Bonus, the Executive will not be eligible to receive any tranche(s) of the Total
Retention Bonus due after the date of termination. If the Company terminates the Executive’s employment without Cause or if the Executive terminates his employment for Good Reason (Initial Period) or Good Reason (Subsequent Period) (as

  

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such terms are defined below), the Executive shall be paid the Total Retention Bonus (less any tranche thereof previously paid by the Company to the Executive) at the time the Executive’s
employment is terminated. 
 (d) Options 
 (i) Initial Grant. Upon commencement of the Term, the Executive will be granted (the “Initial Grant”)
stock options (which shall be incentive stock options within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), to the extent permitted by applicable tax rules) to purchase 5,490 shares of
common stock of the Company, which represents 1.5% of the shares of the Company on a fully diluted basis as of the Closing Date. The exercise price shall be determined by reference to the amount paid in respect of the stock of the Company pursuant
to the Purchase Agreement. The Initial Grant shall be made pursuant to the terms of the form of option agreement attached hereto as Exhibit A. 
 (ii) Additional Grants. The Executive will be eligible for stock option grants (each, if any, a “Supplemental Grant”) after the Initial Grant (any Supplemental Grant together with
the Initial Grant, “Options”) in the sole discretion of the Board taking into account the Executive’s performance, the performance of the Company and other factors the Board determines to be relevant. The exercise price of any
Supplemental Grant shall be the fair market value of the underlying shares on the date of grant. 
 (iii)
Vesting. 
 (a) The Executive’s Initial Grant shall vest as follows: (i) 25% will vest on the
first anniversary of the Closing Date; (ii) 25% will vest on the second anniversary of the Closing Date; (iii) 25% will vest on the third anniversary of the Closing Date; and (iv) 25% will vest on the fourth anniversary of the Closing
Date. 
 (b) Any Supplemental Grant shall vest as to 25% of the shares covered thereby on each of the first four
anniversaries of the date of grant. 
 (c) Vesting of Options will accelerate to 100% in the event of a Change in
Control. All Options will cease to vest upon death, disability or termination of employment. 
 (d) For purposes
of this Agreement, “Change in Control” means: (i) an individual, person, general partnership, limited partnership, limited liability partnership, limited liability company, corporation, joint venture, trust, business trust,
cooperative, association, foreign trust, foreign business organization or other entity, together with any affiliate of the foregoing (other than (x) the Company, (y) any trustee or other fiduciary holding securities under an employee
benefit plan of the Company, or (z) Global Strategies Group Holdings S.A. or any affiliate thereof) (a “Person”) acquires (other than solely by reason of a repurchase of voting securities by the Company) more than 50% of the
combined voting power of the Company’s then total outstanding voting securities; (ii) there is consummated a merger or consolidation of the Company with any other corporation or other entity, other than (A) a merger or consolidation
which results

  

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in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or by being converted into voting
securities of the surviving entity or any parent thereof) at least 25% of the combined voting power of the securities of the Company or such surviving entity or any direct or indirect parent thereof outstanding immediately after such merger or
consolidation or (B) a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no Person is or becomes the beneficial owner, directly or indirectly, of securities of the Company (meaning
that such Person is entitled to the benefits of ownership although such Person does have possession of or title to such securities) (not including in the securities beneficially owned by such Person any securities acquired directly from the Company
or its affiliates) representing 50% or more of the combined voting power of the Company’s then outstanding securities; or (iii) the stockholders of the Company approve a plan of complete liquidation or dissolution; provided, however, that
in no event shall an initial public offering of the capital stock of the Company constitute a Change in Control for purposes of this Agreement. 
 4. Termination of Employment. 
 (a)
Termination. Notwithstanding Section 2 above, the Company may terminate Executive’s employment prior to expiration of the Term for any of the following reasons: (i) as a result of his death or Disability as
provided in Section 4(b) below, (ii) for Cause as provided in Section 4(c) below or (iii) without Cause as provided in Section 4(d) below. 
 (b) Death; Disability. The Term shall terminate on Executive’s death or Disability, at which time the Company’s obligations under this Agreement to pay further compensation shall
cease forthwith, except that the Company shall pay Executive (or his estate or legal representative, as the case may be), in full and complete satisfaction of all of the Company’s obligations under this Agreement, the following: (i) any
accrued but unpaid Base Salary prorated on a daily basis up to the date of such termination; (ii) subject to submission of all required documentation, reimbursable expenses accrued (but unpaid) as of the date of such notice of termination of
the Executive’s employment; (iii) any accrued but unused vacation days paid at a rate determined consistently with Company policy; and (iv) any vested and accrued employee benefits payable under the Company’s employee benefit
plans (collectively, the “Accrued Rights”). As used in this Agreement, the term “Disability” shall mean a physical or mental disability or incapacity of Executive, whether total or partial, that, in the good faith
determination of the Company’s Board, has prevented him from performing substantially all of his duties under this Agreement during a period of two consecutive months or for 180 (One Hundred and Eighty) days during any 12 (twelve) month period
(or such longer period as may be required to comply with applicable law). 
 (c) Discharge for Cause. If Executive
(i) willfully fails to perform his duties hereunder in a material manner and such failure shall not be discontinued promptly after written notice to Executive thereof (which notice shall be signed by the Board or a designated officer of the
Company and refer to a breach of the Employment Agreement); (ii) is charged with or indicted for a felony or other crime casting doubt on Executive’s

  

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trustworthiness or integrity; (iii) (A) materially breaches any of his covenants under Sections 5(a) through 5(d) hereof or (B) knowingly and materially breaches any of his
covenants under Section 5(e) hereof; (iv) commits any act of dishonesty that is intended to result in personal enrichment of the Executive at the expense of the Company or (v) in bad faith, commits any act or omits to take any action,
to the material detriment of the Company (each of the foregoing (i) – (v) constituting “Cause”); then the Company may at any time by written notice terminate Executive’s employment and the Term, and Executive shall have no
right to receive any compensation or benefit from the Company hereunder on and after the effective date of such notice, except for any Accrued Rights. 
 (d) Termination Without Cause. Notwithstanding anything to the contrary contained elsewhere in this Agreement, the Company, in the sole discretion of the Board, shall have the right to
terminate Executive’s employment at any time and for any reason, without Cause by written notice to Executive. In the event that Executive’s employment is terminated without Cause, then, the Company shall pay Executive as severance an
aggregate amount equal to 2 times his Base Salary. This severance shall be payable in equal installments, as and when Executive’s Base Salary would have been payable, over the non-competition period described in Section 5(a). The Company
shall have no other liability to Executive other than for the Accrued Rights and statutory unemployment benefits. Notwithstanding the foregoing provisions of this Section 4(d), the payments described in this Section 4(d) shall immediately
cease if the Executive violates any of the restrictive covenants contained in Section 5 of this Agreement. 
 (e)
Termination By Executive For Good Reason Following a Change in Control. 
 (i) If during the two
year period following the date of this Agreement Executive terminates his employment for Good Reason (Initial Period) then such termination shall be treated as a termination of Executive’s employment by the Company without Cause under
Section 4(d) of this Agreement. For purposes of this Agreement, “Good Reason (Initial Period)” shall mean (A) (1) the assignment to Executive of any duties inconsistent in any material respect with Executive’s
position (including status, offices and titles), authority, duties or responsibilities as contemplated by Section 1 of this Agreement or (2) any other action by the Company (or its successor) which results in a material diminishment of
such position, authority, duties or responsibilities, other than an inadvertent action which is remedied by the Company (or its successor) promptly after receipt of notice thereof given by Executive, (B) any material failure by the Company (or
its successor) to comply with any of the provisions of this Agreement, other than an institutional and inadvertent failure which is remedied by the Company (or its successor) promptly after receipt of notice thereof given by Executive, (C) the
Company’s (or its successor’s) requiring Executive to be based at any office or location more than 50 miles removed from that at which Executive is based on the date hereof, except for travel reasonably required in the performance of
Executive’s responsibilities, or (D) any purported termination by the Company (or its successor) of Executive’s employment otherwise than as permitted by this Agreement, it being understood that any such purported termination shall
not be effective for any purpose of this Agreement. 
  

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 (ii) Subsequent to the initial two year period following the date of this
Agreement, if during the one year period following a Change in Control Executive terminates his employment for Good Reason (Subsequent Period) then such termination shall be treated as a termination of Executive’s employment by the Company
without Cause under Section 4(d) of this Agreement. For purposes of this Agreement, “Good Reason (Subsequent Period)” shall mean (A) the assignment of Executive any duties materially and adversely inconsistent with his
position as set forth in Section l(a) of this Agreement including, but not limited to, status, office or responsibilities as contemplated under Section 1 herein, (B) a material breach by the Company of any provision of this Agreement after
receipt of written notice thereof from the Executive and failure by the Company to cure the breach within thirty (30) days thereafter, or (C) the relocation of the Executive’s office as assigned to him by the Company to a location
more than 50 miles from the Executive’s office prior to the date of such relocation. 
 (f) During the Term, Executive may
in his discretion with or without cause terminate his employment with the Company by giving the Company at least two weeks written notice of his decision to terminate his employment. 
 (g) Executive agrees that following any termination of his employment, he shall co-operate with the Company in winding up or transferring to
other Executives or members of the Board of the Company or such other individuals as may be directed by the CEO of any pending work and shall also co-operate with the Company and/or any holding company, parent company, associated company and/or
subsidiary (the “Group”) (to the extent allowed by law and at the Company’s expense) in the defense of any action brought by any third party against the Company and/or the Group that relates to Executive’s duties; provided
that such cooperation does not unreasonably interfere with Executive’s subsequent employment. The Company and Executive agree that their obligations under this Section 4(g) shall survive the termination of the Term. 
 5. Restrictive Covenants. 
 (a) Non-competition. For so long as Executive is employed by the Company, and for a period of one year following termination of employment, Executive shall not, directly or indirectly
compete with, be engaged in the same business as, be employed by, act as a consultant to, or be a director, officer, Executive, owner or partner of, any business or organization which competes with or is engaged in the same business as the Company
or the Group is now engaged in or hereafter engages in during the Term; provided that Executive’s ownership of the stock of any publicly traded entity or mutual fund will not be treated as a violation of this Section 5(a) if such ownership
does not result in Executive’s indirect ownership of more than 1% of the outstanding class of any equity securities of an entity that is competitive with the Company. 
 (b) Solicitation of Clients. For so long as Executive is employed by the Company, and for a period of one year following
termination of employment, Executive shall not directly or indirectly solicit or accept business of the type conducted by the Company and/or the Group during the Term from any person or entity for whom (to the knowledge of Executive) the Company or
the Group then or has, during the 12 (twelve) months preceding the date of termination, provided products and/or rendered services. 
  

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 (c) Interference. For so long as Executive is employed by the Company and for
a period of one year following termination of employment, Executive shall not, either directly or indirectly, interfere with the Company and/or the Group’s contracts and relationships, or prospective contracts and relationships, including, but
not limited to, the Company and/or the Group’s customer or client contracts and relationships. 
 (d) Solicitation of
Executives. For so long as Executive is employed by the Company and for a period of one year following termination of employment, Executive shall not directly or indirectly encourage or solicit to leave from the Company and/or the
Group’s employ, or solicit to join the employ of another person, firm or corporation any executive of the Company and/or the Group or any person who has been such an executive during the 12 (twelve) months preceding the date of termination;
provided, however, that Executive may solicit any executive whose employment was terminated by the Company and/or the Group without Cause. 
 (e) Confidential Information. 
 (i) Executive agrees
that during his employment with the Company he will have access to Confidential Information of the Company and/or the Group to enable him to optimize the performance of his duties to the Company and/or the Group. Executive agrees to use such
Confidential Information solely for the Company and/or the Group’s benefit during his employment hereunder. Executive agrees that upon the termination of his employment in accordance with Section 4, the Company shall have no obligation to
provide or otherwise make available to him any of its Confidential Information. Executive understands that “Confidential Information” means any Company and/or Group proprietary information, technical data, trade secrets or know-how,
including, but not limited to, research, product plans, products, services, customer/client lists and customers/clients (including, but not limited to, customers/clients of the Company and/or the Group on whom Executive called or with whom Executive
became acquainted during the Term), markets, software, developments, inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or other business information disclosed to him
by the Company and/or the Group either directly or indirectly in writing, orally or by drawings or observation of parts or equipment. Executive further understands that Confidential Information does not include any of the foregoing items which has
become publicly known and made generally available through no wrongful act or omission of his or of others who were under confidentiality obligations as to the item or items involved or improvements or new versions thereof. 
 (ii) Executive agrees, at all times during the Term and thereafter, to hold in strictest confidence, and not to use, except
for the exclusive benefit of the Company and/or the Group, or to disclose to any person, firm or corporation without written authorization of the Board of Directors of the Company, any Confidential Information of the Company and/or the Group.

  

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 (iii) Executive agrees that he shall not, during the Term and thereafter,
improperly use or disclose any proprietary information or trade secrets of any former employer or other person or entity and that he will not bring onto the premises of the Company any unpublished document or proprietary information belonging to any
such employer, person or entity unless consented to in writing by such employer, person or entity. 
 (iv)
Executive recognizes that the Company and/or the Group has received and in the future will receive from third parties their confidential or proprietary information subject to a duty on the Company and/or the Group’s part to maintain the
confidentiality of such information and to use it only for certain limited purposes. Executive agrees to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation or
to use it except as necessary in carrying out his work for the Company and/or the Group consistent with the Company’s agreement with such third party. 
 (v) Executive will at all times during this Agreement be in a position to make use of information in the performance of his duties. However, if he has any concerns as to whether or not it is appropriate
for him to use such information he must draw it to the attention of the CEO, who will give appropriate advice. 
 (vi) Executive agrees that, at the time of leaving the employ of the Company, he will deliver to the Company (and will not keep in his possession, recreate or deliver to anyone else) any and all Confidential Information, including, but not
limited to, any devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items developed by
Executive pursuant to his employment with the Company or otherwise belonging to the Company and/or the Group, their successors or assigns. In the event of the termination of employment, Executive agrees to sign and deliver the “Termination
Certificate” attached hereto as Exhibit B. 
 (vii) In the event that Executive leaves the employ of the
Company, Executive hereby grants consent to notification by the Company to his new employer about his rights and duties under this Agreement. 
 (viii) If Executive breaches his obligation of confidentiality hereunder, Executive shall be liable to the Company for all damages (direct or consequential) incurred as a result of Executive’s
breach. 
 (f) Divisibility. It is the intent of the parties that the provisions of this Section 5 be
enforced to the fullest extent permitted by applicable law. Accordingly, the provisions contained in this Section 5 as to the time period, geographic area and scope of activities restricted shall be deemed divisible, so that if any provision
contained in this Section 5 is determined to be invalid or unenforceable, that provision shall be deemed modified so as to be valid and enforceable to the fullest extent lawfully permitted. 
  

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 (g) Relief. Executive acknowledges that the provisions of this Section 5
are reasonable and necessary for the protection of the Company and that: (i) Executive’s services are and will remain special and extraordinary and have and will have a peculiar value, the loss of which cannot be reasonably or adequately
compensated in damages in any action at law; (ii) Executive is willing to comply with the restrictions contained in this Section 5; (iii) the restrictions contained in this Section 5 will not impair Executive’s ability to
earn a living in any businesses other than those businesses from which Executive is prohibited during the time of such restriction; and (iv) a breach of Executive’s obligations under this Section 5 hereof will cause the Company
irreparable injury and damage. Accordingly, Executive agrees that the Company shall be entitled to injunctive and other equitable relief for the purpose of restraining Executive from violating such covenants (and no bond or other security shall be
required in connection therewith), in addition to any other relief to which the Company may be entitled. 
 (h)
Survival. The Company and Executive agree that their obligations under this Section 5 shall survive the Term. 
 6. Representations, Warranties and Agreements. Executive hereby represents, warrants and agrees as follows: 
 (a) Ability to Perform. Executive is free to enter into this Agreement, and to keep fully and perform all of Executive’s agreements, covenants and conditions hereunder. Executive has not done and will not do any act or
thing nor make any agreement, commitment, grant or assignment which might interfere with or impair the complete enjoyment of the rights granted and the services to be rendered to the Company. Executive is under no contractual or other restriction or
obligation which is inconsistent with the execution of this Agreement, the performance of Executive’s duties hereunder or the other rights of the Company hereunder. Executive is aware of no impediments or restraints that would hinder the
performance of Executive’s duties under this Agreement. This Agreement constitutes the valid and legally binding obligation of Executive, duly enforceable against Executive in accordance with the terms hereof. 
 (b) Indemnification. Executive shall indemnify and hold the Company harmless from and against, any and all liability, claims,
actions, penalties and expenses, including attorney’s fees and expenses, which the Company may suffer by reason of any breach or alleged breach of any representation, warranty or agreement made by Executive under this Section 6.

 7. Miscellaneous. 
 (a) Survival. The covenants, agreements, representations and warranties contained in or made pursuant to this Agreement shall survive the Term. 
 (b) Third Party Beneficiaries. This Agreement does not create, and shall not be construed as creating, any rights enforceable
by any person not a party to this Agreement, other than members of the Group, which are intended to be beneficiaries of Executive’s obligations. 
  

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 (c) Assignment. This Agreement is not assignable by either party; provided,
however, that the Company shall have the right to assign this Agreement to any person or entity controlling, controlled by or under common control with the Company, or to any person or entity to whom or which the business of the Company may be
transferred. All covenants and agreements hereunder shall inure to the benefit of and be binding upon the Company’s successors and assigns. 
 (d) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Maryland applicable to agreements made and to be performed in that state,
without reference to its principles of conflicts of law. Executive hereby expressly consents to the personal jurisdiction of the state and federal courts located in the State of Maryland for any lawsuit filed there against Executive by the Company
concerning his employment or the termination of his employment or arising from or relating to this Agreement. Each of the parties hereto irrevocably waives any and all right to a trial by jury in any legal proceeding arising out of or related to
this Agreement. If any party institutes legal action to enforce or interpret the terms and conditions of this Agreement, each party shall pay its own fees and costs in connection therewith. 
 (e) Notices. Any notice or other communication under this Agreement shall be in writing and shall be considered given when
delivered personally or when mailed by registered mail, return receipt requested, to the parties at the following addresses (or at such other address as a party may specify by notice given hereunder to the other): 
 If to the Company at: 
 SFA, Inc. 
  

	
	  
	  
	  

 if to Executive at the last address on file with the Company’s Human Resource department.

 (f) Enforceability. If any term or provision or part of this Agreement is invalid, illegal or unenforceable, in
whole or in part, such term or provision or part shall to that extent be deemed not to form part of this Agreement, but the validity and enforceability of the remainder of this Agreement shall not be affected, and if any provision is inapplicable to
any person or circumstance, it shall nevertheless remain applicable to all other persons and circumstances. If any covenant should be deemed invalid, illegal or unenforceable because its scope or area is considered excessive, such covenant shall be
modified so that the scope or area of the covenant is reduced only to the minimum extent necessary to render the modified covenant valid, legal and enforceable. 
  

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 (g) Waiver. The failure of a party to this Agreement to insist on any occasion
upon strict adherence to any term of this Agreement shall not be considered to be a waiver or deprive that party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. Any waiver must be in writing.

 (h) Complete Agreement. This Agreement supersedes all prior or contemporaneous agreements between the parties
with respect to its subject matter (including without limitation the Special Employment Agreement Upon Change in Control between the Company and the Executive dated November 1, 2005), is intended as a complete and exclusive statement of the
terms of the agreement between the parties with respect to its subject matter, and cannot be changed or terminated except by a writing signed by the parties. 
 (i) Headings. The section headings of this Agreement are for reference purposes only and are to be given no effect in the construction or interpretation of this Agreement. 
 (j) Counterparts. This Agreement may be signed in multiple counterparts, each of which shall be deemed an original. Any
executed counterpart returned by facsimile shall be deemed an original executed counterpart. 
 IN WITNESS WHEREOF, the parties
have executed this Agreement as of the date first above written. 
  

			
	SFA, Inc.
		
	By:	 	/s/ Illegible
	Its:	 	President & CEO
	
	John O. Brennan, President/Chief Executive Officer of TAC
	
	/s/ John O. Brennan

  

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 EXHIBIT A 
 OPTION AGREEMENT 
 (See attached.) 
  

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 EXHIBIT B 
 SFA, INC. 
 TERMINATION CERTIFICATION 
 I certify that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists, correspondence,
specifications, drawings, blueprints, sketches, materials, equipment, other documents or property or reproductions of any aforementioned items belonging to SFA, Inc., its subsidiaries, affiliates, successors or assigns (together, the
“Company”), any holding company, parent company, associated company and/or subsidiary (the “Group”). 
 I
further certify that I have complied with all the terms of the Employment Agreement with the Company signed by me. 
 I confirm my agreements
contained in Section 5 of that Employment Agreement relating to Confidential Information, Solicitation of Executives, Interference and Non-competition. 
  

							
				
	  	 		 	  	 	 
	[Executive’s Signature]	 		 	[Date]	 	
				
	  	 		 	 	 	 
	[Typed or Printed Name of Executive]	 		 		 	

  

 iiExhibit 10.12

 Exhibit 10.12 
 

 
  
  
 Executive Employment Agreement 
 This Executive Employment Agreement (“Employment Agreement” or “Agreement”) is entered into as of the date a the last signature affixed hereto, by and between Global Strategies Group (North America) Inc. (f/k/a
“SFA, Inc.”) including the wholly owned subsidiary The Analysis Corporation (TAC) hereby referred to as “GNA” or “the Company” and Stephen G. Corey. This agreement supersedes all previous employment agreements and GNA
or TAC employment policies or practices regarding employment, severance, written and oral, between GNA or TAC and Employee. 
 In consideration
of the mutual promises and covenants set forth herein, and other good and valuable consideration the sufficiency of which is hereby acknowledged, GNA and Employee hereby agree as follows: 
  

	1.	Position of Employment. The Company will employ the Employee in the position of Senior Vice President, GSD and, Employee will perform such duties and exercise
such powers in relation to the business of the Company commensurate with that position. In that position, Employee will report to the President. GNA retains the right to change Employee’s title, duties, and reporting relationships as may be
determined to be in the best interests of the Company but within the Employee’s area of expertise. The Employee shall devote his/her full and exclusive business time and best efforts to the performance of his/her duties under this Agreement and
shall perform them faithfully and diligently. 

 The terms and conditions of the Employee’s employment shall,
to the extent not addressed or described in this Agreement, be governed by the GNA or TAC Employee Handbook and existing practices. In the event of a conflict between this Employment Agreement and the Employee Handbook or existing practices, the
terms of this Agreement shall govern. 
  

	2.	Term of Employment. There is no designated term of employment. Employee’s employment with GNA is on an “at will” basis. The Company shall employ
Employee from the date of this agreement until he resigns or his/her employment is terminated in accordance with Section 5 below. 

  

	3.	Compensation and Benefits. 

  

	 	a.	Base Salary. Employee shall be paid a base salary of $257,608.00 annually (“Base Salary”), subject to applicable federal, state, local, and other applicable
withholding, such Base Salary to be paid to Employee on GNA’s or TAC’s regular payroll dates. Any increases in Employee’s Base Salary for years beyond the first year of this Agreement shall be in the sole discretion of GNA management,
and nothing herein shall be deemed to require any such increase. If Employee’s employment begins or terminates part way through a payment period, his/her Base Salary will be prorated based on the actual number of days included in the period.

  

	 	b.	Compensation During Incapacity. During the Executive’s employment with the Company pursuant to this Agreement, for any period that the Executive falls to perform
the Executive’s full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive’s Base Salary to the Executive at the rate in effect at the commencement of any such period,
together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive’s employment is terminated by the
Company for Disability. 

  

	 	c.	Incentive and Deferred Compensation. Employee shall be eligible to participate in all incentive and deferred compensation programs as are generally available to all
other executives or officers of GNA or TAC. The terms and conditions of Employee’s participation shall be determined by GNA in accordance with the terms of the program. 

  
  
  

			
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	 	d.	Employee Benefits. Employee shall be eligible to participate in all employee benefit plans, policies, programs, or perquisites in which other GNA or TAC executives or
officers are generally eligible to participate. The terms and conditions of Employee’s participation in the GNA employee benefit plans, policies, programs, or perquisites shall be governed by the terms of each such plan, policy, or program.

  

	 	e.	Bonus Provision. As an Executive of GNA or TAC, Employee shall be eligible for a bonus up to 50% percent of Base Salary. The Company may approve discretionary bonus
amounts above 50% of Base Salary based on results. To receive a bonus, the Employee must be employed by GNA or TAC on the payment date of the bonus. The amount of the bonus, which will be paid to Employee within a reasonable time (no later than
March 15) after the end of the fiscal year, will be determined by GNA in its discretion taking into account the goals and objectives of the bonus plan established for each fiscal year. Attachment I to this agreement specifies fiscal year 2009
bonus criteria. 

  

	4.	Duties and Performance. The Employee acknowledges and agrees that he is in a position of employment by the Company with the understanding that the Employee
possesses a unique set of skills, abilities, and experiences which will benefit the Company, and agrees that continued employment with the Company is contingent upon successful performance of individual work plan objectives as determined by the
President and/or CEO of GNA, or in such other position to which he may be assigned. 

 As a member of the GNA
Leadership Team, Employee will adhere to the GNA Code of Ethical Conduct and will fulfill his/her management responsibility, which emphasizes high professional standards, and ethical and lawful business practices. Specifically, Employee shall
(i) comply with applicable laws and regulations of national, state, and local governments; (ii) comply with GNA Values Statement, Non-Disclosure Agreement, and all other Company policies, in accordance with their terms and consistent with
the intention of accomplishing their objectives, (iii) conduct business with responsibility, professionalism, competence, diligence, and in good faith, while promoting ethical behavior in all business operations and relationships; (iv) act
with honesty and integrity, avoiding actual or apparent conflicts of interest in personal and professional relationships; (v) protect Company assets and resources; (vi) maintain the confidentiality of all GNA proprietary information,
except to the extent authorized or legally obligated to disclose; and (vii) notify the President and/or CEO of any violations or suspected violations or laws, regulations, Company policies or these commitments. 
  

	5.	Termination of Employment. Employee’s employment with the Company may be terminated in accordance with any of the following provisions:

  

	 	a.	Termination by Employee. The Employee may terminate employment at any time by giving four weeks notice in writing to the CEO of GNA or President and Human Resources.
During the notice period, Employee must fulfill all duties and responsibilities set forth above and use his/her best efforts to train and support any replacement. Failure to comply with this requirement may result in termination for
“cause” described below, but otherwise Employee’s salary and benefits will remain unchanged during the notification period. 

  

	 	b.	Termination by the Company Without Cause. In the event Employee’s employment with GNA (or its successor) is terminated without “cause”, then, provided
that such termination of employment constitutes a “separation from service” with the Company as such term is defined in Treasury Regulation Section 1.409A-1(h) and any successor provision thereto (a “Separation from
Service”), and provided further that Employee executes and does not revoke a general release of claims substantially in the form attached hereto as Exhibit A, as may be amended from time to time by the Company, within thirty days following the
Date of Termination, Employee shall receive (i) six months of base salary at the highest rate in effect prior to the Date of Termination, as severance pay and in lieu of any further compensation for periods subsequent to Employee’s Date of
Termination, payable in accordance with GNA’s (or its successor’s) regular payroll schedule; and (ii) a pro rated bonus in accordance with the Company’s bonus plan based on the portion of time that Employee worked during the year
in which the Date of Termination occurs and Employee’s salary as of the Date of Termination, payable when bonuses would normally be paid, but no earlier than January 1 and no later than December 31 of the year following the year with
respect to which the bonus is earned. Any payments required to be made pursuant to this Section 5.b. prior to the thirtieth (30th) day following the Date of Termination (the “First Pay Date”) shall be paid in a single lump sum on the
first regularly scheduled payroll date on or following the First Pay Date.” 

  
  
  

			
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	 	c.	Termination by the Company for Cause. The Company may, at any time and without notice, terminate the Employee for “cause.” 

 (i) Cause. “Cause” shall mean the following: 
 a) A good faith finding by the President and/or CEO that the Executive (1) has been convicted of a felony, (2) has been convicted of a misdemeanor (excluding traffic violations) to the extent such
conviction could reasonably be considered to compromise the best interests of the Company or any of its Subsidiaries or render the Executive unfit or unable to perform his/her services and duties hereunder, (3) has committed any other act or
omission involving dishonesty, disloyalty or fraud with respect to the Company or any of its Subsidiaries or any of their customers or suppliers, (4) illegal use of drugs or unauthorized use of alcohol in the workplace; or (5) has
committed an act involving unlawful or disreputable conduct in the context of Executive’s employment which is likely to be harmful to the Company or its reputation; 
 b) The continued failure by the Executive to perform his/her duties in all material respects for the Company or any of its Subsidiaries continuing for a period of 10 days following a written demand for
such performance by the CEO or designated official or a material breach by the Executive of his/her obligations under this Agreement continuing uncured (if curable) for a period of 10 days following written notice from the CEO or designated official
(other than any such failure or breach resulting from the Executive’s incapacity due to physical or mental illness), which demand shall identify in reasonable detail the manner that Executive has not performed his/her duties or has breached
his/her obligations (as applicable) and give the Executive an opportunity to respond; provided, that, the foregoing shall not be construed to include the Executive’s failure to achieve financial or operating objectives and goals established by
the Board, CEO or designated official; or 
 c) A good faith finding by the Board or the CEO or designated official that the
Executive engaged in (i) misconduct materially injurious to the Company or any of its Subsidiaries or the reputation of the Company or its Subsidiaries or (ii) gross negligence or willful misconduct by the Executive which has a material
adverse effect on the Company or any of its Subsidiaries. 
 d) Termination by Disability or Death. The Employee’s
employment and rights to compensation under this Employment Agreement shall terminate if the Employee is unable to perform the duties of his/her position due to disability lasting more than 90 consecutive days or death, and the Employee’s
heirs, beneficiaries, successors, or assigns shall not be entitled to any of the compensation or benefits to which Employee is entitled under this Agreement, except: (i) to the extent specifically provided in this Employment Agreement
(ii) to the extent required by law; or (iii) to the extent that such benefit plans or policies under which Employee is covered provide a benefit to the Employee’s heirs, beneficiaries, successors, or assigns. 
  

	 	e.	The “Date of Termination” with respect to any purported termination of the Executive’s employment shall mean (i) if the Executive’s employment
is terminated by reason of death, then the date thereof, (ii) if the Executive’s employment is terminated for any other reason, the date specified in the Notice of Termination. 

  

	 	f.	Employee agrees that following any termination of his/her employment, he shall cooperate with the Company in winding up or transferring to other employees or members of
the Board of the Company or such other individuals as may be directed by the CEO or designated official of any pending work and shall also cooperate with the Company and/or any, subsidiary or affiliate (to the extent allowed by law and at the
Company’s expense) in the defense of any action brought by any third party against the Company and/or subsidiary or affiliate that relates to Employee’s duties; provided that such cooperation does not unreasonably interfere with
Employee’s subsequent employment. Employee agrees that Employee’s obligations under this Section 5(e) shall survive the termination of employment. 

  
  
  

			
	Global Strategies Group (North America) Inc.	  	Page 3

	6.	Confidentiality/Non-Disclosure and Non-Competition. 

  

	 	a.	Confidentiality/Non-Disclosure. 

  

	 	i.	Employee agrees that at all times during Employee’s employment and following the conclusion of Employee’s employment, for any reason, the Employee will hold
in strictest confidence and, except as required in the performance of his or her duties for the benefit of GNA, will not disclose Confidential Information (as defined below [and in the separate Non-Disclosure Agreement signed upon commencement of
employment]) to anyone who is not also an employee of the Company or to any employee of the Company who does not also have access to such confidential information, without express written authorization of the CEO of GNA. Additionally, Employee will
not use any confidential information for Employee’s own benefit or to the detriment of the Company during Employee’s employment or thereafter. Employee also certifies that employment with the Company does not and will not breach any
agreement or duty that Employee has to anyone concerning confidential Information belonging to others. Employee also agrees that, at the time of leaving the employ of the Company, he will deliver to the Company (and will not keep in his/her
possession, recreate or deliver to anyone else) any and all Confidential Information, Including, but not limited to, any devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches,
materials, equipment, other documents or property, or reproductions of any aforementioned items developed by Employee pursuant to his/her employment with the Company or otherwise belonging to the Company, its successors or assigns.

  

	 	ii.	“Confidential Information” shall mean any trade secrets or Company proprietary information or know-how, including but not limited to: manufacturing
techniques, processes, formulas, customer lists, employee lists, inventions, experimental developments, research projects, operating methods, cost, pricing, financial data, technical data, business plans and proposals, data and information the
Company receives in confidence from any other party, or any other secret or confidential matters of the Company. 

  

	 	b.	Non-Competition. Employee agrees that at all times during Employee’s employment and for the periods set forth below following the conclusion of Employee’s
employment from the Company or its successor for any reason, whether Termination is by the Company or by the Employee, Employee shall: 

  

	 	i.	Not, without prior express written consent of the Board, compete with the Company or any of its subsidiaries or affiliates in any lines of business in which the
Company, its subsidiaries and affiliates is engaged or intends to be engaged within six months of the last day of Employee’s employment with the Company, from or while located at any place of business within the State of Maryland or the
Commonwealth of Virginia or otherwise within a one hundred mile radius of any office of the Company, its subsidiaries or affiliates, whether as an employee, partner, member, consultant, officer, director, sole proprietor, independent contractor or
agent of any person or entity. Nothing herein shall prohibit the Executive from being a passive owner of not more than five percent (5%) of the outstanding securities of any publicly traded company or mutual fund that constitutes a Competing
Company, so long as the Executive has no active participation in the business of such company and 

  

	 	ii.	Not solicit any person, government branch, office, agency or department, business enterprise, corporation, company, partnership, proprietorship or other entity which Is
a customer of, or has procured goods or services from, the Company, its subsidiaries or affiliates within six months of his/her last day of employment with the Company, whether to sell, offer to sell, provide or offer to provide any goods or
services that directly compete with the Company, its subsidiaries or affiliates; and 

  

	 	iii.	Not solicit, offer to hire or to retain any person who is or was an employee, consultant, independent contractor, officer or director of the Company, its subsidiaries
or affiliates at any time during the six month period before or after his/her last date of employment with the Company, whether Employee acts in the capacity as an employee, agent, director or officer of any other person or entity or on his/her own
behalf. 

  
  
  

			
	Global Strategies Group (North America) Inc.	  	Page 4

	 	c.	Relief. Employee acknowledges that the provisions of this Section 6 are reasonable and necessary for the protection of the Company and that:
(i) Employee’s services are and will remain special and extraordinary and have and will have a peculiar value, the loss of which cannot be reasonably or adequately compensated in damages in any action at law; (ii) Employee is willing
to comply with the restrictions contained in this Section 6; (iii) the restrictions contained in this Section 6 will not Impair Employee’s ability to earn a living in any businesses other than those businesses from which Employee
is prohibited during the time of such restriction; and (iv) a breach of Employee’s obligations under this Section 6 hereof will cause the Company irreparable injury and damage. Accordingly, Employee agrees that the Company shall be
entitled to injunctive and other equitable relief for the purpose of restraining Employee from violating such covenants (and no bond or other security shall be required in connection therewith), in addition to any other relief to which the Company
may be entitled. 

  

	7.	Expenses. The Company shall pay or reimburse Employee for any expenses reasonably incurred in furtherance of his/her duties as an employee, upon submission of
vouchers or receipts maintained and provided to the Company in compliance with such rules and policies relating thereto as the Company may from time to time adopt. 

  

	8.	Section 409A. 

  

	 	a.	Compliance. In the event that following the date hereof the Company or Employee reasonably determines that any compensation or benefits payable under this Agreement may
be subject to Section 409A of the Code, the Company and Employee shall work together to adopt such amendments to this Agreement or adopt other policies or procedures (including amendments, policies and procedures with retroactive effect), or
take any other commercially reasonable actions necessary or appropriate to (x) exempt the compensation and benefits payable under this Agreement from Section 409A of the Code and/or preserve the intended tax treatment of the compensation
and benefits provided with respect to this Agreement or (y) comply with the requirements of Section 409A of the Code and related Department of Treasury guidance. 

  

	 	b.	In-Kind Benefits and Reimbursements. Notwithstanding anything to the contrary in this Agreement, in-kind benefits and reimbursements provided under this Agreement shall
be provided in accordance with the requirements of Treasury Regulation Section 1.409A-3(i)(iv), such that any in-kind benefits and reimbursements provided under this Agreement during any calendar year shall not affect in-kind benefits or
reimbursements to be provided in any other calendar year, other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code, and any in-kind benefits and reimbursements shall not be subject
to liquidation or exchange for another benefit. Notwithstanding anything to the contrary in this Agreement, reimbursement requests must be timely submitted by Employee and, if timely submitted, reimbursement payments shall be promptly made to
Employee following such submission, but in no event later than December 31st of the calendar year following the calendar year in which the expense was incurred. In no event shall Employee be entitled to any reimbursement payments after
December 31st of the calendar year following the calendar year in which the expense was incurred. This paragraph shall only apply to in-kind benefits and reimbursements that would result in taxable compensation income to Employee.

  

	 	c.	Distribution. Notwithstanding anything to the contrary in this Agreement, to the maximum extent permitted by applicable law, amounts payable to Employee pursuant to
Section 5.a. shall be made in reliance upon Treas. Reg. Section 1.409A-1(b)(9) (Separation Pay Plans) or Treas. Reg. Section 1.409A-1(b)(4) (Short-Term Deferrals). However, to the extent any payments are treated as nonqualified deferred
compensation subject to Section 409A of the Code, then if Employee is deemed at the time of Employee’s Separation from Service to be a “specified employee” for purposes of Section 409A(a)(2)(B)(i) of the Code, then to the
extent delayed commencement of any portion of the benefits to which Employee is entitled under this Agreement is required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of Employee’s
termination benefits shall not be provided to Employee prior to the earlier of (i) the expiration of the six-month period measured from the date of Employee’s Separation from Service or (ii) the date of Employee’s death. Upon the
earlier of such dates, all payments deferred pursuant to this Section 8.c. shall be paid in a 

  
  
  

			
	Global Strategies Group (North America) Inc.	  	Page 5

 lump sum to Employee. Thereafter, payments will resume in accordance with this Agreement.
The determination of whether Employee is a “specified employee” for purposes of Section 409A(a)(2)(B)(i) of the Code as of the time of Employee’s Separation from Service shall be made by the Company in accordance with the terms
of Section 409A of the Code and applicable guidance thereunder (including without limitation Treas. Reg. Section 1.409A-1 (i)). For purposes of Section 409A of the Code (including, without limitation, for purposes of Treasury
Regulation Section 1.409A-2(b)(2)(iii)), each payment that Employee may be eligible to receive under this Agreement shall be treated as a separate and distinct payment. This Agreement is intended to be written, administered, interpreted and
construed in a manner such that no payment or benefits provided under the Agreement become subject to (a) the gross income inclusion set forth within Section 409A(a)(1 )(A) of the Code or (b) the interest and additional tax set forth
within Section 409A(a)(1)(B) of the Code (together, referred to herein as the “Section 409A Penalties”), including, where appropriate, the construction of defined terms to have meanings that would not cause the imposition of
Section 409A Penalties. In no event shall the Company be required to provide a tax gross-up payment to Employee or otherwise reimburse Employee with respect to Section 409A Penalties. 
  

	9.	General Provisions. 

  

	 	a.	Notices. All notices and other communications required or permitted by this Agreement to be delivered by GNA or Employee to the other party shall be delivered in
writing, either personally, by facsimile transmission or by registered, certified or express mail, return receipt requested, postage prepaid, to the address for such party specified below or to such other address as the party may from time to time
advise the other party, and shall be deemed given and received as of actual personal delivery, on the first business day after the date of delivery shown on any such facsimile transmission or upon the date or actual receipt shown on any return
receipt if registered, certified or express mail is used, as the case may be. 

 The Company: 
 Global Strategies Group (North America) Inc. 
 2200 Defense Hwy., Suite 405 
 Crofton, MD 21114 
 Attention: CEO 
 Employee: 
 Stephen G. Corey 
 344 Back Bay Crescent 
 Virginia Beach, VA 23456 
  

	 	b.	Amendments and Termination; Entire Agreement. This Agreement may not be amended or terminated except by a writing executed by all of the parties hereto. This Agreement
constitutes the entire agreement of GNA and Employee relating to the subject matter hereof and supersedes all prior oral and written understandings and agreements relating to such subject matter. This agreement will remain continuously in effect,
unless and/or until a new agreement is entered into force. 

  

	 	c.	Survival. The covenants, agreements, representations and warranties contained in or made pursuant to this Agreement shall survive the Employee’s termination of
employment 

  

	 	d.	Successors and Assigns. The rights and obligations of the parties hereunder are not assignable to another person without prior written consent; provided, however, that
GNA without obtaining Employee’s consent, may assign its rights and obligations hereunder to a wholly-owned subsidiary and provided further that GNA may assign this Agreement and/or any post-employment restrictions to any entity which purchases
all or substantially all of the Company’s assets or succeeds to GNA’s rights and obligations as a matter of law whether by merger or otherwise. 

  

 
  

			
	Global Strategies Group (North America) Inc.	  	Page 6

	 	e.	Severability; Provisions Subject to Applicable Law. All provisions of this Agreement shall be applicable only to the extent that they do not violate any applicable law,
and are intended to be limited to the extent necessary so that they will not render this Agreement invalid, illegal or unenforceable under any applicable law. If any provision of this Agreement or any application thereof shall be held to be invalid,
illegal or unenforceable, the validity, legality and enforceability or other provisions of this Agreement or of any other application of such provision shall in no way be affected thereby. 

  

	 	f.	Waiver of Rights. No waiver by GNA or Employee of a right or remedy hereunder shall be deemed to be a waiver of any other right or remedy or of any subsequent right or
remedy of the same kind. 

  

	 	g.	Definitions; Headings; and Number. A term defined in any part of this Employment Agreement shall have the defined meaning wherever such term is used herein. The
headings contained in this Agreement are for reference purposes only and shall not affect in any manner the meaning or interpretation of this Employment Agreement. Where appropriate to the context of this Agreement, use of the singular shall be
deemed also to refer to the plural, and use of the plural to the singular. 

  

	 	h.	Counterparts. This Agreement may be executed in separate counterparts, each of which shall be deemed an original but both of which taken together shall constitute but
one and the same instrument. 

 Governing Laws and Forum. This Agreement shall be governed by, construed, and
enforced in accordance with the laws of the State of Maryland. The parties hereto further agree that any action brought to enforce any right or obligation under this Agreement shall be subject to the exclusive jurisdiction of the courts of the State
of Maryland. 
  

	10.	No Mitigation. The Company agrees that, if the Executive’s employment is terminated hereunder, the Executive is not required to seek other employment or to
attempt in any way to reduce any amounts payable to the Executive by the Company. Furthermore, the amount of any payment provided hereunder shall not be reduced by any compensation earned by the Executive. 

 IN WITNESS WHEREOF GNA and Employee have executed and delivered this Agreement as of the date written below. 
  

									
	Print Employee Name:	 	Stephen G. Corey	 		 		 	
					
	Employee Signature:	 	/s/ Stephen. Corey	 		 	Date:	 	27 February 2009
					
	Company Signature:	 	/s/ John Hillen III	 		 	Date:	 	21 April 2009
		 	CEO	 		 		 	
					
	HR Representative:	 	/s/ Lisa A. Broome	 		 	Date:	 	4/21/09

  
  
  

			
	Global Strategies Group (North America) Inc.	  	Page 7

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