SEC Contract Filing

Filing Date: 2017-12-27

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex101to8k10211002_12272017.htm
<DESCRIPTION>KELTON EMPLOYMENT LETTER AGREEMENT
<TEXT>
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<P STYLE="margin: 0; text-align: right">Exhibit 10.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Ameri and Partners Inc</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">100 Canal Pointe Boulevard, Suite 108, Princeton,
New Jersey - 08540</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">December 26, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Brent V Kelton</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>29006 Deer Creek</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Magnolia, TX 77355</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dear Brent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This letter will
confirm our agreement (the &ldquo;Agreement&rdquo;) with respect to your employment as Chief Executive Officer (&ldquo;CEO&rdquo;)
of AMERI AND PARTNERS INC (the &ldquo;Company&rdquo;), a subsidiary of AMERI HOLDINGS, INC. (&ldquo;Ameri&rdquo;), having its principal
place of business at 100 Canal Pointe Boulevard, Suite 108, Princeton, New Jersey 08540. This letter will become effective as of
the date it is fully executed (the &ldquo;Effective Date&rdquo;), which date shall be the date first written above. This agreement
supersedes any prior written and verbal commitments or agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Title and Job Duties.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Subject to the terms and conditions set forth in this Agreement, the Company agrees to employ Brent Kelton (&ldquo;Employee&rdquo;)
as CEO, reporting to the Board of Directors. In this capacity, Employee shall have the duties, authorities and responsibilities
as the Ameri Board of Directors (the &ldquo;Board&rdquo;) shall designate from time to time that are not inconsistent with the
Employee&rsquo;s position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Employee accepts such employment and agrees, during the term of his or her employment, to devote his full business and professional
time and energy to the Company. Employee agrees to carry out and abide by all lawful directions of the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Without limiting the generality of the foregoing, Employee shall not, without the written approval of the Board render services
of a business or commercial nature on Employee&rsquo;s own behalf or on behalf of any other person, firm, or corporation, whether
for compensation or otherwise, during his or her employment hereunder; provided that the foregoing shall not prevent Employee from
(i) serving on the boards of directors of non-profit organizations and, with the prior written approval of the Board, other for
profit companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii)
managing Employee&rsquo;s passive personal investments, so long as such activities in the aggregate do not materially interfere
or conflict with the Employee&rsquo;s duties hereunder or create a potential business or fiduciary conflict.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Salary and Additional Compensation</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: 9999999,serif">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&n