Exhibit 10.5
EMPLOYMENT AGREEMENT
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of the 4
th day of January, 2008 (the “Effective Date”) between INNOVATIVE SOLUTIONS AND SUPPORT,
INCORPORATED, a Pennsylvania corporation (the “Company”) and JOHN C. LONG, a resident of
Pennsylvania (“Employee”).
RECITALS
A. Employee has served in various financial capacities with other companies over the past several years and
has extensive managerial and administrative experience and possesses skills vital to the Company’s
continued growth and prosperity.
B. The Company desires Employee to serve as an employee of the Company and Employee wishes to
serve as employee of the Company.
C. The parties wish to set forth herein the terms and conditions on which Employee will serve as an
employee of the Company.
The parties agree as follows:
1. Employee’s Position. Subject to the terms and conditions of this Agreement, during the term of
this Agreement the Company agrees to employ Employee, and the Employee agrees to be employed by the
Company and to serve the Company as the Chief Financial Officer of the Company.
2. Duties of Employee
2.1. General Duties . As Chief Financial Officer of the Company, Employee will direct the
organization’s financial planning and accounting practices as well as its relationship with lending institutions,
shareholders, and the financial community. Employee will report to the CEO. Employee agrees that the
Employee’s duties may be changed by the Board and that Employee will cooperate with the Board and serve the
Company in such other capacities and with such other duties and responsibilities as are typically accorded to the
position of Chief Financial Officer subject to the Company’s Bylaws. Th