EXHIBIT 10.1
EMPLOYMENT AGREEMENT
This EMPLOYMENT AGREEMENT (" Agreement "), effective as of the 15th day of May, 2007, by
and between Homeland Security Capital Corporation, a Delaware corporation (the " Company "), and Michael
T. Brigante (the " Employee ").
RECITALS
In consideration of the mutual representations, warranties, covenants and agreements contained in this
Agreement and other good and valuable consideration the receipt and sufficiency of which is hereby
acknowledged, the parties agree as follows:
1.
Employment .
(a)
Employment Period . Subject to the terms and conditions set forth herein and unless
sooner terminated as hereinafter provided, Company shall employ Employee and Employee agrees to serve as an
employee of Company for a three-year period, from May 15, 2007 (the “Commencement Data”) to the third
anniversary of the date of the Commencement Date (the “ Employment Term ”), which Employment Term shall
automatically renew for consecutive one year periods, unless a written notice of a party’s intention to terminate
this Agreement at the expiration of the Employment Term (or any renewal term) is delivered by either party three
(3) months prior to the expiration of the Employment Term or any renewal term, as applicable. For purposes of
this Agreement, the Employment Term and any renewal term thereof are collectively referred to herein as the “
Employment Period .” Any existing employment agreements between the parties are hereby terminated.
(b)
Duties and Responsibilities . During the Employment Period, the Employee shall
serve initially as Senior Vice President of Finance and Chief Financial Officer. In such roles, Employee shall have
such authority and responsibility and perform such duties as may be assigned to him from time to time by the
Company’s chief executive officer, and in the absence of such assignment, such duties as are customary to
Employee's office and as are necessary or appropriate to the business and operatio