SEC Contract Filing

Filing Date: 2023-11-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>ea188553ex10-3_silversun.htm
<DESCRIPTION>CONSULTING AGREEMENT DATED NOVEMBER 13, 2023 BY AND BETWEEN SWK TECHNOLOGIES, INC., AND JCS COMPUTER RESOURCE CORPORATION
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<P STYLE="text-align: right; margin-top: 0; margin-right: 0; margin-bottom: 0"><B>EXHIBIT 10.3</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center; text-indent: 0in"><U>CONSULTING AGREEMENT</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 34.55pt">This Consulting
Agreement, (the &ldquo;Agreement&rdquo;) is made as of November 13, 2023 by and between SWK Technologies, Inc., a Delaware corporation (hereinafter
referred to as &ldquo;SWK&rdquo; or the &ldquo;Company&rdquo;), having its primary offices at 120 Eagle Rock, NJ 07039 and JCS Computer Resource
Corporation, an Illinois corporation (hereinafter referred to as the &ldquo;Consultant&rdquo; , &ldquo;JCS&rdquo; or &ldquo;it&rdquo;).
having its primary offices at 778 West Algonquin Road, Arlington Heights, IL 60005. This Agreement is being entered into in connection
with that certain Asset Purchase Agreement, dated as of the date hereof (the &ldquo;Asset Purchase Agreement&rdquo;), by and between JCS
, as Seller, and SWK as Buyer, which provides for the sale of certain business assets from JCS to SWK, Capitalized terms used herein but
not otherwise defined shall have the meanings ascribed to them in the Asset Purchase Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">WITNESSETH:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 34.55pt">WHEREAS, Consultant
possesses certain knowledge and skills relating to its Business and the Purchased Assets which SWK wishes to obtain in furtherance of
the development and success of its business following the Closing under the Asset Purchase Agreement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 34.55pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 34.55pt">WHEREAS, the Company
desires to engage the services of the Consultant, and the Consultant desires to render such services.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 34.55pt">NOW, THEREFORE,
in consideration of the premises, the parties agree as follows:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.25pt">1. <U>Engagement</U>.
The Company hereby retains the Consultant, subject to the terms and conditions hereinafter set forth . The consulting services to be performed
by Consultant hereunder shall be performed solely by Consultant&rsquo;s&rsquo; President, Jennifer O&rsquo;Brien (&ldquo;JOB&rdquo;),
except as otherwise mutually agreed by the Company and the Consultant.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.25pt">2. <U>Term</U>.
The term of the consulting engagement hereunder shall commence on November 13, 2023 (the &ldquo;Commencement Date&rdquo;) and shall continue
until November 13, 2024 (the &ldquo;Term&rdquo;) unless such Term is earlier terminated in accordance with the provisions of this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0in">3. <U>Duties</U>.
The Consultant agrees that JOB will serve SWK faithfully and to the best of her ability in the sales division of SWK, subject to the general
supervision of Vice President of Sales. JOB will focus on helping transition and retain existing customers of the Business and identify
new customer opportunities as they arise. The Consultant agrees that it and JOB will not, during the Term of this Agreement, engage in
any other business activity which substantially or materially interferes with the performance of Consultant&rsquo;s obligations under
this Agreement and JOB will devote such working time to the business and affairs of SWK as reasonably required; provided, however, tha