contract will further provide that P ierre Alexandre will receive an annual salary of 175000 in each of fiscal years 2008 and 2009 and 200000 annually thereafter and an annual bonus of up to 25000 in each of fiscal years 2008 and 2009 and up to 110000 annually thereafter based on achieving annual targets established by the compensation committee which salary and bonus may be increased but not decreased upon an annual review by the compensation committee of the board of directors of Orbit Garant in addition to the use of a vehicle and an annual RRSP contribution of 20000 commencing in fiscal 2010 In addition P ierre Alexandre will receive a special bonus of 135000 in fiscal 2008 If P ierre Alexandres employment is terminated during the term of his employment contract for a reason other than cause or if he resigns at any time within the six month period following his constructive dismissal a breach of the contract by Orbit Garant or a change of control of Orbit Garant as defined in the contract he will be entitled to receive a payment equal to two years base salary and pro rata financial bonus for the period until his employment is terminated and will be compensated for any unused vacation Upon termination of his employment contract for a reason other than cause all of his unvested options granted under the Orbit Garant option plan will automatically vest and all of his options will be exercisable for a period ending on the earlier of i the date which is 90 days following the termination of his employment and ii the expiry date of such options P ierre Alexandre will agree to maintain all financial and proprietary information relating to the Company confidential for an indefinite period F urthermore P ierre Alexandre will agree not to solicit any of the Companys employees customers or suppliers for a period of 18 months after the termination of his employment contract The nonsolicitation of clients employees or suppliers would be reduced to 12 months in all circumstances if the employment contract is terminated by the Company for reasons other than cause P ierre Alexandre will also agree not to compete for a period of 18 months after termination of his employment contract against the Company in Canada British Guyana F rench Guyana Burundi Suriname Ghana and any other jurisdictions where the Company carried on business during the term of the contract the NonCompete Area and any other jurisdiction where the Company carried on business during the term of his employment In the event that P ierre Alexandres employment contract is terminated for reasons other than cause the noncompete obligation would be reduced to 12 months As part of the transaction involving the combination of Orbit with Garant P ierre Alexandre executed a noncompetition agreement with the Company dated January 31 2007 pursuant to which he agreed not to compete directly or indirectly in the NonCompete Area for a period of five years Eric Alexandre Orbit Garant will on closing of the Offering enter into an employment contract with Eric Alexandre P resident and Chief Operating Officer which will have an indefinite term The employment contract will provide that Eric Alexandres employment can be terminated for cause or disability both as defined therein The employment contract will further provide that Eric Alexandre will receive an annual salary of 200000 in each of fiscal years 2008 and 2009 and 230000 annually thereafter and an annual bonus of up to 55000 in each of fiscal years 2008 and 2009 and up to 143000 annually thereafter based on achieving annual targets established by the compensation committee which salary and bonus may be increased but not decreased upon an annual review by the compensation committee in addition to the use of a vehicle and an annual RRSP contribution of 20000 commencing in fiscal 2010 In addition Eric Alexandre will receive a special bonus of 130000 in fiscal 2008 If Eric Alexandres employment is terminated during the term of his employment contract for a reason other than cause or if he resigns at any time within the six month period following his constructive dismissal a breach of the contract by Orbit Garant or a change of control of Orbit Garant as defined in the contract he will be entitled to receive a payment equal to one years base salary and pro rata financial bonus for the period until his employment is terminated and his annual car allowance and will be compensated for any unused vacation Upon termination of his employment contract for a reason other than cause all of his unvested options granted under the Orbit Garant option plan will automatically vest and all of his options will be exercisable for a period ending on the earlier of i the date which is 90 days following the termination of his employment and ii the expiry date of such options Eric Alexandre will also agree to maintain all financial and proprietary information relating to the Company confidential for an indefinite period F urthermore Eric Alexandre will agree not to solicit any of the Companys clients employees or suppliers for a period of 18 months after the termination of his employment contract The nonsolicitation of clients employees or suppliers would be reduced to 12 months in all circumstances if the employment contract is terminated by the Company for reasons other than cause 57