THIS EMPLOYMENT AGREEMENT, is made and. entered into effective as of the 3rd day of January, 2000,
by and between THE NETPLEX GROUP, INC. a New York corporation (the "Company") and PETER J.
RUSSO (the "Employee").
A. The Company desires to retain Employee to provide the services hereinafter set forth.
B. The Employee is willing to provide such services to the Company on the terms and conditions hereinafter set
In consideration of the promises and the terms and conditions set forth in this Agreement, and for other
consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:
1. Employment and Term. The Company agrees to employ the Employee and the Employee agrees to work for
the Company, effective as of the date hereof, subject to the term and conditions below. Unless sooner terminated
by either party pursuant to Sections 5, 6, 7 or 8 below, this Agreement shall be for a term of twelve (12) months
after the date hereof, provided, that the term of this Agreement shall automatically renew for successive twelve
(12) month periods unless one party gives the other party at least sixty (60) days written notice of non-renewal
prior to the applicable expiration date.
2. Compensation; Benefits. Subject to the terms and conditions of this Agreement, the Company shall pay to the
Employee a base salary at the rate set forth on Schedule A attached hereto and made a part hereof, payable in
accordance with the Company's regular payroll policies. In addition to this base salary, the Employee shall be
entitled to the benefits and bonuses described on Schedule A subject to the terms and conditions described
therein. In addition, the Employee shall be entitled to receive such other benefits including, but not limited to,
holidays and sick leave, business expense reimbursement, automobile allowance, life, health and disability
insurance as the Company generally provides to its employees holding sim