{"id":39078,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/employment-agreement-dyncorp-and-david-l-reichardt.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-dyncorp-and-david-l-reichardt","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-dyncorp-and-david-l-reichardt.html","title":{"rendered":"Employment Agreement &#8211; DynCorp and David L. Reichardt"},"content":{"rendered":"<pre>                              EMPLOYMENT AGREEMENT\n\n            This  Employment  Agreement (the \"Agreement\") is hereby entered into\neffective  as  of November 1, 2001, between DynCorp, a Delaware corporation (the\n\"Company\") and David L. Reichardt (\"Executive\").\n\n            In  consideration of the mutual benefits derived from this Agreement\nand of the agreements, covenants and provisions hereof, the parties hereto agree\nas follows:\n\n1.       Employment\n\n1.1.     Position.  During  the Term (as hereinafter defined) of this Agreement,\n         and  subject  to the terms and conditions set forth herein, the Company\n         agrees  to  employ  Executive  as its Senior Vice President and General\n         Counsel reporting only to the Chief Executive Officer of the Company.\n\n1.2.     Election  to  Office.  During  the  Term of this Agreement, the Company\n         shall  use  its  best  efforts  to  sustain  and  continue  Executive's\n         position  and  designation  as  Senior Vice President. In addition, the\n         Company  will  use  its best efforts to cause the Executive to continue\n         to be nominated as a member of the Company's Board of Directors.\n\n1.3.     Fulfillment  of  Duties.  As long as the Company sustains and continues\n         Executive's  position  and  designation  as  Senior  Vice President and\n         General  Counsel  of  the Company, Executive shall (i) devote his full-\n         time  efforts  during  normal  business hours to the performance of his\n         services  hereunder,  except  during  vacation  periods  and periods of\n         illness  or  incapacity,  except  that  nothing in this Agreement shall\n         preclude  Executive  from  devoting  reasonable  periods  required  for\n         serving  as  a  director, or member of a committee of, or holding other\n         positions,  in  any organization involving no conflict of interest with\n         the  interests  of  the Company and (ii) perform his services hereunder\n         faithfully, diligently and to the best of his skill and ability.\n\n1.4.     Location.  During  the  Term  of this Agreement, Executive will perform\n         his  duties  and services at the Company's Reston Virginia headquarters\n         or such location(s) as he shall deem appropriate, except that Executive\n         agrees to make such business trips to the Company's principal executive\n         offices  and  to  other locations as may be reasonable and necessary in\n         the performance of his services hereunder.\n\n2.       Compensation And Benefits\n\n2.1.     Salary.  In  consideration  of  and  as  compensation  for the services\n         agreed  to  be  performed by Executive hereunder, the Company agrees to\n         pay  Executive  during  the  Term  of this Agreement a base salary (the\n         \"Base  Salary\")  of  not  less  than  $300,000  per year, less standard\n         deductions and withholdings, payable bi- monthly in accordance with the\n         Company's   regular  payroll   practices.   The  Company   will  review\n         Executive's  Base  Salary and other compensation (including bonuses and\n         incentive  compensation)  from  time  to\n\n\n         time  during the Term of this Agreement  and,  at the recommendation of\n         the  Compensation  Committee of the  Board  of Directors of the Company\n         (the \"Committee\"), may increase his Base Salary or other   compensation\n         (including  incentive  compensation)  from  time to time, provided that\n         Executive  shall  receive  in  March of each calendar year during which\n         this  Agreement is in effect an annual Base Salary increase equal to at\n         least the average percentage salary  escalation  used by the Company as\n         an  assumption  in  preparation  of  its  most  recent corporate annual\n         budget. Any increase in Base Salary or  other  compensation  (including\n         incentive  compensation)  shall  in  no  way  limit or reduce any other\n         obligation  of  the  Company  hereunder  and,  once  established  at an\n         increased rate, Executive's Base Salary hereunder shall not be reduced.\n\n2.2.     Incentive Compensation.  During the Term of this Agreement, in addition\n         to  the  Base  Salary provided in Section 2.1 above, Executive shall be\n         eligible  to receive additional incentive compensation in an amount not\n         to  exceed  amounts  prescribed  in  the  Company's Executive Incentive\n         Compensation  Plan  (\"EIP\")  using  a target incentive percentage of no\n         less  than  50%  (\"Incentive Compensation\"); provided, however, that so\n         long as Executive has satisfied his equity ownership requirements under\n         the  Company's  Equity Target Ownership Policy in effect as of the date\n         hereof,  no  portion  of  his  Incentive  Compensation shall be paid in\n         shares  of  the  Company  unless the Executive requests the delivery of\n         such  shares.  The  Executive shall also be entitled to the benefits of\n         any  modifications  or  amendments  to  such  Plan  adopted  after  the\n         effective date hereof that enhance benefits payable under the Plan.\n\n2.3.      Other  Benefits.  Executive will be entitled to the Benefits listed on\n          Exhibit  A, and any other benefits adopted after the effective date of\n          this  Agreement  for  the  benefit  of  executives  of  the Company in\n          compensation  Bands 3 or 2; provided that no additional benefits shall\n          in any way limit or detract from the benefits described on Exhibit A.\n\n3.       Term\n\n3.1.      Term.  The  term  of  employment under this Agreement means the period\n          commencing on November 1, 2001 and expiring at midnight on October 31,\n          2004;  provided,  that  this  Agreement  will  automatically renew for\n          additional  periods  of  one (1) year each commencing on November 1 of\n          each  successive year following the initial Term unless written notice\n          of intent not to renew is delivered by the Company to the Executive at\n          least  90  days prior to the effective date of any renewal hereof. The\n          term  of  this Agreement shall continue through the Term of employment\n          and  through  the  period  of  consulting  described  in Section 4.3.1\n          hereof.\n\n3.2.     Termination Of Employment\n\n3.2.1.   Termination By the Company.  Executive's  employment  with  the Company\n         may be terminated under the following conditions:\n\n\n3.2.1.1.   Death  or  Disability.  Executive's employment with the Company shall\n           terminate effective upon the date of Executive's death  or  \"Complete\n           Disability\" (as defined in Section 5.1).\n\n3.2.1.2.   For  Cause.  The  Company  may terminate Executive's employment under\n           this Agreement for \"Cause\" (as defined in Section 5.2) by delivery of\n           written  notice  to  Executive  specifying the Cause or Causes relied\n           upon  for  such termination. Any notice of termination given pursuant\n           to  this  Section  3.2.1.2  shall effect termination as of the future\n           date  specified  in  such  notice  or,  in  the event no such date is\n           specified,  on  the  last  day  of  the month in which such notice is\n           delivered or deemed delivered as provided in Section 10.3 below.\n\n3.2.1.3.   Without Cause. The Company may terminate Executive's employment under\n           this  Agreement  at any time and for any reason by delivery of ninety\n           (90) days written notice of such termination to Executive. Any notice\n           of  termination  given  pursuant  to  this Section 3.2.1.3 shall take\n           effect as of the end of such 90-day period.\n\n3.2.2.     Termination  By  Executive  for  Good Cause.  Executive may terminate\n           Executive's  employment  with  the  Company for Good Cause as defined\n           below upon thirty (30) days written notice to the Company.\n\n3.2.3.     Termination   by   Mutual  Agreement  of  the  Parties.   Executive's\n           employment  pursuant  to this Agreement may be terminated at any time\n           upon  a  mutual  agreement  in  writing  of  the  Parties.   Any such\n           termination  of  employment  shall have the consequences specified in\n           such agreement.\n\n4.       Compensation Upon Termination.\n\n4.1.      Death  or  Complete  Disability.  If  Executive's  employment shall be\n          terminated by death or Complete Disability, Executive (or his heirs or\n          legal representative) shall be entitled to Executive's Base Salary and\n          accrued  and unused vacation earned through the 30th day following the\n          date  of termination, subject to standard deductions and withholdings.\n          In  addition,  upon Executive's (or his heirs or legal representative)\n          furnishing  to the Company an executed waiver and release of claims (a\n          form  of  which is attached hereto as Exhibit B, which will be revised\n          for   signature  by  Executive's  heirs  or  legal  representative  if\n          applicable), Executive (or his heirs or legal representative) shall be\n          entitled to:\n\n4.1.1.   a pro rated portion of his Incentive Compensation that would be payable\n         to  the  Executive  based  on projected Company performance through the\n         termination date, less standard deductions and withholdings;\n\n4.1.2.   exercise  any  options  to  purchase stock (common or otherwise) in the\n         Company  granted to Executive pursuant to any plan, agreement or other-\n         wise,  or  any equivalent or similar rights which appreciate or tend to\n         appreciate  as  the  value  of  the\n\n        \n         Company's  stock  appreciates,  such   options  and  rights  to  be  in\n         accordance  with  the  terms  of  any  applicable  plan  or  agreement;\n         provided,  however,  that  the  Executive  or  his   estate   or  legal\n         representative  shall  have  a period of 90 days following the date  of\n         termination  within  which  to  exercise  or  satisfy  all such options\n         or rights; and\n\n4.1.3.   in  the  event  Executive (or his heirs or legal representative) elects\n         continued  coverage under COBRA, reimbursement to the Executive (or his\n         heirs  or  legal  representative)  for  the same portion of Executive's\n         COBRA   health  insurance  premium  that  it  paid  during  Executive's\n         employment  until  the  last  day of Executive's COBRA health insurance\n         benefits.\n\n4.2.     Termination  for  Cause  or Resignation or Retirement by Executive.  If\n         Executive's  employment shall be terminated by the Company for Cause or\n         if  Executive resigns (other than for Good Cause) or elects Retirement,\n         the  Company  shall pay Executive's accrued Base Salary and accrued and\n         unused vacation benefits earned through the 30th day following the date\n         of  termination  at  the  rate  in  effect at the time of the notice of\n         termination  to  Executive  or  Executive's  notice  of  resignation or\n         Retirement to the Company. In addition, in the event of the Executive's\n         Retirement   only,   upon   Executive's   (or   his   heirs   or  legal\n         representative')  furnishing  to  the  Company  an  executed waiver and\n         release  of  claims  (a  form of which is attached hereto as Exhibit B,\n         which  will  be  revised  for  signature  by Executive's heirs or legal\n         representative  if  applicable),  Executive  (or  his  heirs  or  legal\n         representative) shall be entitled to:\n\n4.2.1.   a pro rated portion of his Incentive Compensation that would be payable\n         to  the  Executive  based  on projected Company performance through the\n         termination date, less standard deductions and withholdings;\n\n4.2.2.   exercise  any  options  to  purchase stock (common or otherwise) in the\n         Company  granted  to  Executive  pursuant  to  any  plan,  agreement or\n         otherwise, or any equivalent or similar rights which appreciate or tend\n         to  appreciate  as  the  value of the Company's stock appreciates, such\n         options and rights to be in accordance with the terms of any applicable\n         plan  or agreement; provided, however, that the Executive or his estate\n         or  legal  representative  shall have a period of 90 days following the\n         date  of  termination  within  which  to  exercise  or satisfy all such\n         options or rights; and\n\n4.2.3.   such protections as are afforded under COBRA.\n\n4.3.     Termination  Without  Cause.   If  the Company  terminates  Executive's\n         employment  without  Cause  (except  under  any  circumstance  in which\n         Section  4.1 is applicable to Executive, in which case this Section 4.3\n         shall  not  apply),  or  if the Executive terminates this Agreement for\n         Good  Cause, Executive shall be entitled to Executive's Base Salary and\n         a pro rated portion of his Incentive Compensation that would be payable\n         to  the  Executive  based  on projected Company performance through the\n         30th  day  following the termination date, less standard deductions and\n         withholdings,  and  accrued and unused vacation earned through the date\n         of  termination,  subject  to  standard  deductions  and  withholdings.\n         In  addition,  upon  Executive's  furnishing to the Company an executed\n\n         \n         copy  of  the waiver and release of claims (a form of which is attached\n         hereto as Exhibit B), Executive shall be entitled to:\n\n4.3.1.         five  (5)  semi annual payments, the first of which shall be made\n               within  5  days  of the termination of the Executive's employment\n               with the Company, and thereafter at the end of each of the next 4\n               successive  6-month  periods,  in  the  amount  of  $46,000  each\n               (increased by 4% per annum for each 12-month or period or portion\n               thereof that transpires between the effective date of this Agree-\n               ment  and  the  date such initial payment is made), without with-\n               holding  or  deduction;  provided  that such payments shall be in\n               consideration  of  the Executive providing consulting services to\n               the  Company  as  an  independent  contractor for no more than 30\n               months  for up to150 hours per six month period, such services to\n               be consistent with the Executive's past service with the Company,\n               as  requested  by the President of the Company; provided further,\n               however, that in the event of the death or Complete Disability of\n               the Executive at any time during the period of such payments, the\n               Executive or his estate or legal representative shall be entitled\n               to  receive  within  10  days of death or Complete Disability, an\n               amount  equal to 50% of the balance of such payments remaining to\n               be paid;\n\n4.3.2.         exercise  any  options to purchase stock (common or otherwise) in\n               the  Company  granted  to  Executive  pursuant  to  any  plan  or\n               otherwise,  or  any equivalent or similar rights which appreciate\n               or  tend  to  appreciate  as  the  value  of  the Company's stock\n               appreciates, such options and rights to be in accordance with the\n               terms  of  any  applicable  plan or agreement; provided, however,\n               that  the  Executive  or his estate or legal representative shall\n               have a period of 90 days following the date of termination within\n               which to exercise or satisfy all such options or rights; and\n\n4.3.3.         in  the  event  Executive  elects continued coverage under COBRA,\n               reimbursement   to   the   Executive  for  the  same  portion  of\n               Executive's  COBRA  health  insurance premium that it paid during\n               Executive's  employment  up  until  the earlier of either (i) the\n               last  day  of Executive's COBRA health insurance benefits or, ii)\n               the date on which Executive becomes covered under any other group\n               health plan (as an employee or otherwise).\n\n4.3.4.         Continuation  of  such  other  group  life, accident and long and\n               short-term  disability  benefits  as  are  in  effect  as  of the\n               termination date for a period of 36-months following termination.\n\n\n5.       Definitions.  For purposes of this Agreement, the following terms shall\n         have the following meanings:\n\n5.1.      Complete  Disability.   \"Complete Disability\" shall mean the inability\n          of  Executive  to  perform  Executive's  duties  under  this Agreement\n          because  Executive  has become permanently disabled within the meaning\n          of any policy of disability income insurance covering employees of the\n          Company then in force.  In the event the Company has no\n\n        \n          policy  of  disability   income  insurance  covering employees  of the\n          Company  in  force when Executive becomes disabled, the term \"Complete\n          Disability\"   shall   mean  the  inability  of  Executive  to  perform\n          Executive's  duties  under this Agreement by reason of any incapacity,\n          physical  or  mental, which the Board, based upon medical advice or an\n          opinion  provided  by  a  licensed  physician acceptable to the Board,\n          determines   to   have  incapacitated  Executive  from  satisfactorily\n          performing  all  of  Executive's  usual services for the Company for a\n          period  of  at  least  one hundred twenty (120) days during any twelve\n          (12)  month  period  (whether  or  not  consecutive).  Based upon such\n          medical  advice  or  opinion,  the determination of the Board shall be\n          final and binding and the date such determination is made shall be the\n          date of such Complete Disability for purposes of this Agreement.\n\n5.2.     For Cause. \"For Cause\" shall mean:\n\n5.2.1.         the  willful  and continued failure by Executive to substantially\n               perform his duties with the Company in good faith (other than any\n               such  failure  resulting  from  his incapacity due to physical or\n               mental  illness,  injury  or  disability),  after  a  demand  for\n               substantial  performance  is  delivered  to  him  by the Board of\n               Directors  of the Company which identifies, in reasonable detail,\n               the  manner  in  which  the  Board  of  Directors  believes  that\n               Executive  has  not  substantially  performed  his duties in good\n               faith;\n\n5.2.2.         the  willful  engaging  by  Executive  in  conduct  which  causes\n               material harm to the Company, monetarily or otherwise; or\n\n5.2.3.         Executive's  conviction  of  a felony arising from conduct during\n               the Term of this Agreement.\n\n5.2.4.         For purposes of this Subsection 5.2 no act, or failure to act, on\n               Executive's  part  shall  be considered \"willful\" unless done, or\n               omitted  to  be  done,  by  him  not  in  good  faith and without\n               reasonable  belief  that  his  action or omission was in the best\n               interest of the Company or its shareholders.  Notwithstanding the\n               foregoing,  Executive shall not be deemed to have been terminated\n               for Cause unless and until there shall have been delivered to him\n               a  copy  of  a resolution duly adopted by the affirmative vote of\n               two-thirds  (2\/3)  of  the directors then occupying a seat on the\n               Board  of Directors at a meeting of the Board of Directors called\n               and  held  for  such purpose (after ten days notice to him and an\n               opportunity  for him, together with his counsel, to appear before\n               the Board  of  Directors),  finding  that Executive was guilty of\n               conduct  described  in  Sections  5.2.1,  5.2.2, and 5.2.3 ,  and\n               setting forth, in reasonable detail, the basis for such finding.\n\n5.3.     Change of Control.  \"Change of Control\" shall mean: (i) a sale or other\n         disposition  of  all or substantially all of the assets of the Company;\n         (ii)  a  merger  or  consolidation in which the Company is not the sur-\n         viving  entity and in which the shareholders of the Company immediately\n         prior to such consolidation or merger own less than fifty percent (50%)\n         of  the  surviving  entity's  voting power immediately after the trans-\n         action;  (iii)  a  reverse\n\n\n         merger  in  which the Company is the surviving entity  but  the  shares\n         of   the  Company's  Common  Stock  outstanding  immediately  preceding\n         the  merger are converted by virtue of the merger into  other property,\n         whether  in the form of securities, cash or otherwise, and in which the\n         shareholders of the Company immediately prior to such  merger  own less\n         than  fifty  percent  (50%)  of the Company's voting power  immediately\n         after   the  transaction;  (iv)  any  other  capital reorganization  in\n         which  more  than  fifty  percent (50%) of  the  shares of the  Company\n         entitled  to  vote  are  exchanged; or  (v)  during  any  period of two\n         consecutive  years  (not  including periods prior to the effective date\n         of this  Agreement),  individuals  who  at the beginning of such period\n         constitute  the board and any new directors whose election by the board\n         or nomination for election by the stockholders was approved by at least\n         2\/3rds  of the members of the board, cease for any reason to constitute\n         a majority thereof.\n\n5.4.     Good Cause.  \"Good Cause\" shall mean any of the following actions taken\n         by  the  Company or any subsidiary that employs the Executive: a breach\n         of  this  Agreement,  assignment  of  the  Executive to duties that are\n         inconsistent with his status as a senior executive or which represent a\n         diminution  of  his  status  in the Company, a reduction in Executive's\n         Base  Salary,  except  in  connection  with  an across-the-board salary\n         reduction  for  all  executives, a failure by the Company to pay any of\n         Executive's compensation in accordance with Company policy, a reduction\n         in  or  elimination  of  any  of the benefits described on Exhibit A or\n         otherwise  granted  to  Executive, the relocation of the Executive to a\n         location  more  than  40 miles from Reston Virginia without Executive's\n         consent,  change  of  Executive's  title,  a failure to comply with the\n         obligations  of the Company under Section 1.2 hereof, or the failure of\n         a  successor  to the Company to confirm in writing within 5 days of its\n         succession its obligation to assume and perform all obligations of this\n         Agreement.\n\n5.5.      Annual  Base  Compensation.  \"Annual Base Compensation\" shall mean the\n          total  of  the Executive's most recent annual salary, target incentive\n          under  the  Company's  Executive  Incentive  Plan,  and the annualized\n          amount of all other fringe benefits provided to the Executive with the\n          exception of stock options and other stock-based incentive awards.\n\n5.6.      Retirement.  \"Retirement\"  shall  mean the voluntary retirement of the\n          Executive  from  the Company (a) at or after age 62 or (b) at any time\n          after  the  combination  of  the  Executive's age and service with the\n          company or any predecessor or subsidiary equals or exceeds 75 years.\n\n6.       Change of Control\n\n6.1.      In  the  event  a  Change  of  Control  occurs,  and  (a)  the Company\n          terminates  Executive's  employment  without Cause pursuant to Section\n          3.2.1.3  hereof,  or  (b)  the Executive terminates his employment for\n          Good  Cause pursuant to Section 3.2.2 within three (3) months prior to\n          or  within  three  years  following, the effective date of a Change of\n          Control  of  the Company,  then  Executive,  in  addition to all other\n          amounts  payable  hereunder,  will  be  entitled to a lump sum payment\n          equivalent  to  the  Executive's Annual Base Compensation in effect at\n          the time of the Change of Control, less standard deductions\n\n         \n          and withholdings (the \"Change of Control Benefit Package\"). No payment\n          under 6.1 b above shall be made until the transaction causing a Change\n          of Control has occurred.\n\n6.2.      In  the  event  that the Change of Control Benefit Package or any part\n          thereof  provided  for  in  this  Agreement,  or  any amount otherwise\n          payable to the Executive under this Agreement or otherwise, constitute\n          \"parachute  payments\"  within  the  meaning  of  Section  280G  of the\n          Internal  Revenue  Code  of  1986, as amended (the \"Code\") and will be\n          subject  to  the  excise tax imposed by Section 4999 of the Code, then\n          Executive  shall  receive (i) a payment from the Company sufficient to\n          pay  such  excise tax, and (ii) an additional payment from the Company\n          sufficient  to  pay the income, employment, excise and any other taxes\n          arising from the payments made by the Company to or for the benefit of\n          Executive  pursuant  to Section 6.1 above and this Section 6.2 so that\n          Executive  shall  be fully reimbursed for any excise tax and any taxes\n          associated  with  the  payments to reimburse Executive for such excise\n          tax.  Unless the Company and Executive otherwise agree in writing, the\n          determination  of  Executive's  excise  tax  liability  and the amount\n          required to be paid under this Section 6.2 shall be made in writing by\n          a  nationally  recognized accounting firm satisfactory to both parties\n          (the  \"Accountants\").  In  the  event  that the excise tax incurred by\n          Executive  is determined by the Internal Revenue Service to be greater\n          or  lesser  than  the  amount  so  determined  by the Accountants, the\n          Company  and Executive agree to promptly make such additional payment,\n          including  interest  and  any tax penalties, to the other party as the\n          Accountants reasonably determine is appropriate to ensure that the net\n          economic  effect  to Executive under this Section 6.2, on an after-tax\n          basis,  is  as  if  the  Code Section 4999 excise tax did not apply to\n          Executive.  For  purposes  of making the calculations required by this\n          Section  6.2  the  Accountants  may  make  reasonable  assumptions and\n          approximations   concerning   applicable   taxes   and   may  rely  on\n          interpretations  of  the  Code  for  which  there  is  a  \"substantial\n          authority\"  tax  reporting  position.  The Company and Executive shall\n          furnish   to  the  Accountants  such  information  and  documents  the\n          Accountants  may  reasonably  request in order to make a determination\n          under  this  Section  6.2.  The  Company  shall  bear  all  costs  the\n          Accountants  may  reasonably incur in connection with any calculations\n          contemplated by this Section 6.2.\n\n6.3.      Upon  the  occurrence  of a Change of Control, all unvested options or\n          other  stock  based incentives that have been awarded to the Executive\n          shall   become  immediately  vested  so  that  all  such  options  and\n          incentives  shall  become  fully  vested  under the terms of the plans\n          under which they were issued.\n\n7.       Non-Competition And Confidentiality\n\n7.1.      Non-Competition.   During   Executive's   employment  by  the  Company\n          hereunder  and  during  the  period  during  for  which  Executive  is\n          receiving  consulting  payments  from  the Company pursuant to Section\n          4.3.1 herein:\n\n7.1.1.         Executive  will  not  directly  compete  with the business of the\n               Company   or  any  of  its  subsidiaries  or  any  non-controlled\n               affiliate  against  which  it  is  precluded  from competing (the\n               \"Company  or  its  Affiliates\") so as to cause the Company or its\n\n\n               Affiliates  to  lose material revenue from any client contract or\n               pending  client  proposal  which  is  in existence on the date of\n               termination  of  Executive's  employment.  For  purposes  of this\n               Section 7.1.1, \"material revenue\" shall be deemed to mean revenue\n               that  is more than .1% of the revenue of the entity against which\n               improper competition is alleged.\n\n7.1.2.         Executive  will  not directly or indirectly employ or solicit for\n               employment  any  person  whom  he  knows  to  be a supervisory or\n               management  employee of the Company or its Affiliates without the\n               written consent of the employer.\n\n7.2.      In consideration of the covenant described in Section 7.1, the Company\n          agrees  to  pay  the Executive the amount of $700,000 (increased by 4%\n          per  annum for each 12-month period or portion thereof that transpires\n          between  the  effective  date  of  this  Agreement  and  the  date  of\n          termination),  which  shall  be  payable  in full within 5 days of the\n          delivery  of the Release described in Section 4.3 hereof. In the event\n          of  a  breach  of  such  covenant  by  the  Executive, damages, if any\n          recoverable by the Company, shall be limited to an amount equal to the\n          amount of the above covenant payment times a fraction the numerator of\n          which  shall  be  the number of months remaining to be performed under\n          the Consulting Agreement described in Section 4.3.1 hereof at the time\n          of the breach, and the denominator of which shall be 30.\n\n8.       Confidential Information.\n\n8.1.      Executive  agrees that as a condition of employment and the consulting\n          arrangement  described  in Section 4.3.1, he will execute and abide by\n          the Company's Proprietary Information &amp; Inventions Agreement, attached\n          hereto as Exhibit C.\n\n9.       Remedies\n\n9.1.      Injunctive   Relief.   Executive  acknowledges  and  agrees  that  the\n          covenants  and  obligations  contained in Sections 7.1 and 8 relate to\n          special,  unique and extraordinary matters and that a violation of any\n          of  the  terms  of  such  sections  will cause the Company irreparable\n          injury  for  which adequate remedy at law is not available. Therefore,\n          Executive  agrees that the Company shall be entitled to an injunction,\n          restraining  order,  or  other  equitable  relief  from  any  court of\n          competent  jurisdiction,  restraining  Executive  from  committing any\n          violation  of  the covenants and obligations set forth in Sections 7.1\n          and 8 hereof.\n\n9.2.      Remedies Cumulative.   The Company's rights and remedies under Section\n          7.1  hereof are cumulative and are in addition to any other rights and\n          remedies the Company may have at law or in equity.\n\n9.3.      Any  and  all  disputes arising under this Agreement or concerning its\n          formation,  implementation  or  interpretation,  or  rights hereunder,\n          shall  be  resolved through binding arbitration under the rules of the\n          American  Arbitration  Association (\"AAA\").  Such arbitration shall be\n          conducted in Washington, D.C., or at such other location as the \n\n\n          parties  shall  mutually  approve.   The  single  arbitrator  shall be\n          selected  by  the parties from the AAA's list of approved arbitrators;\n          provided  that  if  no  arbitrator is selected within 15 days from the\n          date  arbitration  is first requested hereunder, the AAA shall appoint\n          the  arbitrator.  No arbitrator shall have had any prior connection or\n          dealing  of  any  nature  with  either of the parties.  Subject to the\n          obligation  of the Company under paragraph 12 of Exhibit A hereto, the\n          parties  shall  each bear their own expenses and the Company shall pay\n          the  entire cost of the arbitrator and any AAA costs.  The decision of\n          the  arbitrator  shall be final and binding on the parties hereto, and\n          shall not be subject to review or appeal before any court or tribunal;\n          provided, that the award of the arbitrator shall be enforceable in any\n          court of competent jurisdiction.\n\n10.      Miscellaneous\n\n10.1.         Indemnification.   The Company agrees at all times during the term\n          of this Agreement and the consulting period described in Section 4.3.1\n          hereof,  and  thereafter, to indemnify, defend and hold the Executive,\n          his heirs, estate and legal representatives harmless from, any and all\n          claims,  liabilities, demands, allegations, causes of action, or other\n          threats, related  to  or  in  any  way  arising  out  of, the services\n          provided  by  the  Executive under this Agreement or at the request of\n          the  Company;  provided,  however, that this indemnification shall not\n          apply  to  acts or omissions that are the result of conduct that would\n          preclude  the  Executive  from receiving indemnification under Section\n          145  of  the  Delaware  Corporation Laws Annotated in effect as of the\n          date  hereof,  subject  to such future changes as may be beneficial to\n          the  Executive.   Upon  receipt of notice of the assertion of any such\n          claim, liability, demand, allegation, cause of action or other threat,\n          the  Company  shall  pay  the  Executive  the cost of his defense by a\n          counsel acceptable to Executive, and shall be responsible for the full\n          payment  of  any  judgement  including damages or penalties, including\n          punitive  damages  or  penalties, that may be assessed or payable as a\n          result of a settlement to which the Company and the Executive consent,\n          including  the  deductible portion of any loss covered by Director and\n          Officer Liability Insurance.  Nothing herein shall limit the rights of\n          the  Executive  to the protections afforded by the Company's Directors\n          and Officers Liability Insurance described in Exhibit A hereto.\n\n10.2.     Compliance  with Company Policies.  During the term of this Agreement,\n          the  Executive  shall  at all times comply with all applicable Company\n          policies and procedures, including the Company's Standards of Business\n          Ethics and Conduct.\n\n10.3.     Notices.   Any  written  notice,  required  or  permitted  under  this\n          Agreement, shall be deemed sufficiently given if either hand delivered\n          or  if  sent  by  fax  or  overnight  courier. Written notices must be\n          delivered  to  the  receiving  party  at  his  or  its  address on the\n          signature  page  of this Agreement. The parties may change the address\n          at  which  written  notices are to be received in accordance with this\n          section.\n\n10.4.     Assignment. Executive may not assign, transfer, or delegate his rights\n          or  obligations hereunder and any attempt to do so shall be void. This\n          Agreement  shall be binding upon and shall inure to the benefit of the\n          Company  and  its  successors and assigns and the term\n\n\n          Company as used herein  shall  include  such  successors  and  assigns\n          to  the  extent  applicable. In the event any successor to the Company\n          fails  to  honor  the  terms  of  this  Agreement,  Executive shall be\n          entitled  to  all  benefits  described in Sections 4.3, 6 and 7 hereof\n          subject  to Executive's compliance with all the obligations applicable\n          to him under such Sections.\n\n10.5.     Entire  Agreement.   This  Agreement,  including  Exhibits  A,  B &amp; C,\n          contains  the  entire  agreement  of  the  parties with respect to the\n          subject  matter  hereof,  and  all  other prior agreements, written or\n          oral,  including  that  certain  Change  of  Control  Agreement  dated\n          September  8,  1987, are hereby superceded and are of no further force\n          or  effect;  provided,  however,  that  any  and  all prior agreements\n          concerning  the  granting  of  stock  options, or other forms of stock\n          compensation  under  the Company's Long Term Incentive Stock Plan, all\n          agreements   pertaining   to   the  Company's  Supplemental  Executive\n          Retirement  Plan,  and all other agreements concerning past or present\n          pension, retirement, savings, insurance or other agreements related to\n          the  benefits  described  on  Exhibit A hereto, shall continue in full\n          force  and  effect in accordance with their terms.  This Agreement may\n          be  modified  or amended only by a written agreement that is signed by\n          the  Company  and  Executive. No waiver of any section or provision of\n          this  Agreement  will  be  valid  unless such waiver is in writing and\n          signed  by the party against whom enforcement of the waiver is sought.\n          The  waiver by the Company of any section or provision of this  Agree-\n          ment  shall  not  apply  to  any  subsequent breach of this Agreement.\n          Captions  to  the  various  sections  in  this  Agreement  are for the\n          convenience  of  the  parties only and shall not affect the meaning or\n          interpretation  of  this Agreement.  This Agreement may be executed in\n          several  counterparts,  each of which shall be deemed an original, but\n          together they shall constitute one and the same instrument.\n\n10.6.     Severability.  The  provisions  of  this  Agreement  shall  be  deemed\n          severable,  and if any part of any provision is held illegal, void, or\n          invalid  under  applicable  law  such  provision may be changed to the\n          extent  reasonably  necessary  to  make  the provision, as so changed,\n          legal,  valid  and binding. If any provision of this Agreement is held\n          illegal, void, or invalid in its entirety, the remaining provisions of\n          this  Agreement shall not in any way be affected or impaired but shall\n          remain binding in accordance with their terms.\n\n10.7.     Continuing Obligations.  Sections 8, 9, and 10 of this Agreement shall\n          continue and survive the termination of this Agreement.\n\n10.8.     Applicable  Law.  This Agreement and the rights and obligations of the\n          Company  and  Executive  thereunder shall be governed by and construed\n          and enforced under the laws of the Commonwealth of Virginia applicable\n          to  agreements  made  and  to be performed entirely within such State,\n          without regard to Virginia's conflict of laws rules.\n\n                            [Signature Page Follows]\n\n\n\n\n\n            In  Witness  Whereof,  the  parties  have  executed  this  Agreement\neffective as of the date first above written.\n\nDynCorp.\n\nBy: __\/S\/  Paul V. Lombardi______________\n      Paul V. Lombardi\n      President and Chief Executive Officer\n\nExecutive\n\nBy: __\/S\/  David L. Reichardt____________\n      David L. Reichardt\n      Senior Vice President\n\n\n\n\n\n\n\n                                    EXHIBIT A\n                  Benefits for Executive's Employment Agreement\n\n1.  Group Term and Life Insurance no less favorable to  the  Executive than that\n    offered by the Company as of the Effective Date.\n2.  Specialty insurance (such as kidnap and ransom and company travel insurance)\n    under which Executive was covered proceeding the Term of the Agreement.\n3.  Standard  medical  plan options no less favorable to the Executive than that\n    offered by the Company as of the Effective Date.\n4.  Vacation in accordance with the Company's Personal Time Off Policy.\n5.  Standard Company holidays plus two floating holidays.\n6.  Standard  short  and long term disability insurance no less favorable to the\n    Executive  than  that  offered  by  the  Company  to the Executive as of the\n    Effective Date.\n7.  Executive  Incentive  Compensation  plan with terms no less favorable to the\n    Executive than the Plan in effect as of the Effective Date.\n8.  Director  &amp; Officer Liability Insurance as maintained by the Company for the\n    protection of the members of its Board of Directors.\n9.  Annual  physical  examination  (to  the extent no reimbursed by group health\n    coverage.)\n10. Thrift  savings (401(k), Employee Stock Purchase and salary deferral (KESOP)\n    Plan) with terms no less favorable to the Executive than the present Savings\n    and Retirement Plan and KEYSOP.\n11. The  Supplemental  Executive  Retirement  Plan, as amended effective June 1,\n    2001.\n12. Up  to  $100,000  in  attorneys  fees  in  the  event of a dispute under the\n    Agreement; provided that such amount will be subject to reimbursement to the\n    Company in the event the Company prevails in any dispute with the Executive.\n13. Eligibility   for  participation  in  company  sponsored  stock  option  and\n    incentive plans, on such terms are made available to Band 3 personnel.\n14. Access  to  the  DynCorp  Internal Stock Market for so long as the Executive\n    owns  shares of common stock of the Company or options therefor, and so long\n    as the Company sponsors such Market.\n\n\n\n                                    EXHIBIT B\n                          RELEASE AND WAIVER OF CLAIMS\n\n            In  consideration  of  the  payments and other benefits set forth in\nSection 4 of the Employment Agreement dated November 1, 2001, to which this form\nis attached, I, David L. Reichardt, hereby furnish DynCorp (the \"Company\"), with\nthe following release and waiver (\"Release and Waiver\").\n\n            I  hereby  release, and forever discharge the Company, its officers,\ndirectors,  agents,  employees, stockholders, successors, assigns affiliates and\nbenefit  plans,  of and from any and all claims, liabilities, demands, causes of\naction,  costs,  expenses, attorneys' fees, damages, indemnities and obligations\nof  every  kind  and  nature,  in  law, equity, or otherwise, known and unknown,\nsuspected  and unsuspected, disclosed and undisclosed, arising at any time prior\nto  and  including  my  employment  termination  date with respect to any claims\nrelating  to  my  employment and the termination of my employment, including but\nnot  limited  to, claims pursuant to any federal, state or local law relating to\nemployment,  including, but not limited to, discrimination claims under Virginia\nlaw,  and  the  Federal Age Discrimination in Employment Act of 1967, as amended\n(\"ADEA\"),  or  claims  for  wrongful termination, breach of the covenant of good\nfaith,  contract  claims, tort claims, and wage or benefit claims, including but\nnot  limited  to, claims for salary, bonuses, commissions, stock, stock options,\nvacation  pay,  fringe  benefits,  severance  pay  or  any form of compensation;\nprovided, however, that this release does not extend to and will not release the\nCompany  from  any of its obligations under the Employment Contract, or Exhibits\nA, C and D thereof.\n\n            I  acknowledge  that, among other rights, I am waiving and releasing\nany  rights  I  may have under ADEA, that this Release and Waiver is knowing and\nvoluntary,  and  that  the consideration given for this Release and Waiver is in\naddition to anything of value to which I was already entitled as an Executive of\nthe  Company. I further acknowledge that I have been advised, as required by the\nOlder  Workers  Benefit Protection Act, that: (a) the Release and Waiver granted\nherein  does  not relate to claims which may arise after this Release and Waiver\nis executed; (b) I have the right to consult with an attorney prior to executing\nthis Release and Waiver (although I may choose voluntarily not to do so); and if\nI  am over 40 years of age upon execution of this Release and Waiver: (c) I have\ntwenty-one  (21)  days  from  the  date of termination of my employment with the\nCompany  in  which  to  consider  this Release and Waiver (although I may choose\nvoluntarily  to  execute  this Release and Waiver earlier); (d) I have seven (7)\ndays  following the execution of this Release and Waiver to revoke my consent to\nthis  Release and Waiver; and (e) this Release and Waiver shall not be effective\nuntil the seven (7) day revocation period has expired.\n\n\n\n                                    EXHIBIT C\n\n                                     DynCorp\n\n                PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT\n\n            In consideration of my employment or continued employment by DynCorp\n(the  \"Company\"), the compensation and benefits provided to me in the Employment\nAgreement  to  which  this  Proprietary  Information and Inventions Agreement is\nattached,  and  the  compensation  hereafter  paid  to me as a consultant to the\nCompany, I, David L. Reichardt, hereby agree as follows:\n\n            1.  Nondisclosure\n\n                       1.1 Recognition  of  Company's  Rights; Nondisclosure. At\nall  times  during  my  employment  and  thereafter,  I  will  hold in strictest\nconfidence  and  will  not  disclose,  use,  lecture  upon or publish any of the\nCompany's  Proprietary  Information  (defined below), except as such disclosure,\nuse  or  publication may be required in connection with my work for the Company,\nor unless an officer of the Company expressly authorizes such in writing. I will\nobtain   Company's   written   approval  before  publishing  or  submitting  for\npublication any material (written, verbal, or otherwise) that relates to my work\nat  Company and incorporates any Proprietary Information. I hereby assign to the\nCompany  any  rights  I  may have or acquire in such Proprietary Information and\nrecognize  that  all  Proprietary  Information shall be the sole property of the\nCompany and its assigns.\n\n                       1.2  Proprietary   Information.   The  term  \"Proprietary\nInformation\"  shall  mean any and all confidential and\/or proprietary knowledge,\ndata  or information of the Company that is not generally known to the public or\npublicly  disclosed  by  the Company. By way of illustration but not limitation,\n\"Proprietary  Information\"  includes  (a) trade secrets, inventions, mask works,\nideas, processes, formulas, source and object codes, data, programs, other works\nof  authorship,  know-how,  improvements, discoveries, developments, designs and\ntechniques  (hereinafter  collectively  referred  to  as  \"Inventions\"); and (b)\ninformation  regarding  plans for research, development, new products, marketing\nand  selling,  business  plans,  budgets  and  unpublished financial statements,\nlicenses,  prices  and  costs,  suppliers  and  customers;  and  (c) information\nregarding  the  skills  and  compensation  of  other  employees  of the Company.\nNotwithstanding  the  foregoing,  it is understood that, at all such times, I am\nfree to use information which is generally known in the trade or industry, which\nis  not  gained  as  result  of  a  breach of this Agreement, and my own, skill,\nknowledge,  know-how  and  experience  to whatever extent and in whichever way I\nwish.\n\n                       1.3 Third  Party  Information. I understand, in addition,\nthat  the Company has received and in the future will receive from third parties\nconfidential or proprietary information (\"Third Party Information\") subject to a\nduty  on  the Company's part to maintain the confidentiality of such information\nand  to  use  it  only  for  certain  limited  purposes.  During  the\n\n\nterm  of  my  employment  and thereafter, I will hold Third Party Information in\nthe  strictest  confidence   in   accordance  with  the  terms and conditions of\ndisclosure  to the Company,  and will not disclose to anyone (other than Company\npersonnel  who  need to  know such information in connection with their work for\nthe  Company)  or  use, except  in  connection  with  my  work  for the Company,\nThird Party Information unless expressly authorized by an officer of the Company\nin writing.\n\n                       1.4 No Improper Use of Information of Prior Employers and\nOthers.  During  my  employment  by  the  Company  I  will not improperly use or\ndisclose  any  confidential  information or trade secrets, if any, of any former\nemployer  or  any  other person to whom I have an obligation of confidentiality,\nand  I will not bring onto the premises of the Company any unpublished documents\nor  any  property belonging to any former employer or any other person to whom I\nhave  an  obligation  of  confidentiality unless consented to in writing by that\nformer  employer  or  person.  I  will  use in the performance of my duties only\ninformation  which  is  generally  known  and  used by persons with training and\nexperience  comparable  to  my own, which is common knowledge in the industry or\notherwise  legally  in  the  public  domain,  or  which is otherwise provided or\ndeveloped by the Company.\n\n            2.  Assignment of Inventions.\n\n                        2.1 Proprietary  Rights.  The  term \"Proprietary Rights\"\nshall mean all trade secret, patent, copyright, mask work and other intellectual\nproperty rights throughout the world.\n\n                        2.2 Prior  Inventions.  Inventions,  if any, patented or\nunpatented,  which  I  made  prior to the commencement of my employment with the\nCompany  are excluded from the scope of this Agreement. To preclude any possible\nuncertainty,  I  have  set  forth  on Exhibit C-2 (Previous Inventions) attached\nhereto  a  complete  list  of  all Inventions that I have, alone or jointly with\nothers,  conceived,  developed or reduced to practice or caused to be conceived,\ndeveloped or reduced to practice prior to the commencement of my employment with\nthe  Company, that I consider to be my property or the property of third parties\nand  that I wish to have excluded from the scope of this Agreement (collectively\nreferred  to  as  \"Prior Inventions\"). If disclosure of any such Prior Invention\nwould cause me to violate any prior confidentiality agreement, I understand that\nI  am not to list such Prior Inventions in Exhibit C-2 but am only to disclose a\ncursory  name  for  each  such invention, a listing of the party(ies) to whom it\nbelongs  and  the  fact  that full disclosure as to such inventions has not been\nmade for that reason. A space is provided on Exhibit C-2 for such purpose. If no\nsuch disclosure is attached, I represent that there are no Prior Inventions.\n                       \n                        2.3  Assignment  of  Inventions. Subject to Sections 2.4\nand  2.6,  I  hereby  assign  and  agree  to assign in the future (when any such\nInventions or Proprietary Rights are first reduced to practice or first fixed in\na  tangible  medium,  as  applicable)  to  the  Company  all my right, title and\ninterest  in  and  to  any  and  all Inventions (and all Proprietary Rights with\nrespect  thereto)  whether  or  not patentable or registrable under copyright or\nsimilar  statutes,  made  or  conceived or reduced to practice or learned by me,\neither alone or jointly with others, during the period of my employment with the\nCompany  (but  not  during  any  period  of  consultancy thereafter). Inventions\nassigned to the Company, or to a third party as directed by the Company pursuant\nto this Section 2, are hereinafter referred to as \"Company Inventions\".\n\n\n                       2.4  Obligation  to  Keep  Company  Informed.  During the\nperiod  of  my  employment  and  for  six  (6)  months  after  termination of my\nemployment  with  the Company, I will promptly disclose to the Company fully and\nin  writing  all  Inventions  authored,  conceived or reduced to practice by me,\neither  alone  or  jointly  with  others,  during  the  period of my employment.\nIn  addition,  I  will promptly disclose to the Company in confidence all patent\napplications  filed  by  me  or  on my behalf within a year after termination of\nemployment.\n\n                       2.5 Government or Third Party. I also agree to assign all\nmy  right,  title  and  interest in and to any particular Company Invention to a\nthird  party, including without limitation the United States, as directed by the\nCompany.\n\n                       2.6 Works for Hire. I acknowledge that all original works\nof  authorship  which  are made by me (solely or jointly with others) within the\nscope  of  my  employment and which are protectable by copyright are \"works made\nfor hire\", pursuant to United States Copyright Act (17 U.S.C., Section 101).\n\n                        2.7 Enforcement of Proprietary Rights. I will assist the\nCompany  in  every  proper  way to obtain, and from time to time enforce, United\nStates  and foreign Proprietary Rights relating to Company Inventions in any and\nall countries. To that end I will execute, verify and deliver such documents and\nperform  such other acts (including appearances as a witness) as the Company may\nreasonably  request  for use in applying for, obtaining, perfecting, evidencing,\nsustaining  and enforcing such Proprietary Rights and the assignment thereof. In\naddition,  I  will  execute,  verify and deliver assignments of such Proprietary\nRights to the Company or its designee.  My obligation to assist the Company with\nrespect to Proprietary Rights relating to such Company Inventions in any and all\ncountries  shall  continue  beyond  the  termination  of  my employment, but the\nCompany  shall  compensate  me at a reasonable rate after my termination for the\ntime actually spent by me at the Company's request on such assistance.\n\n            3. Records.  I  agree  to  keep  and  maintain  adequate and current\nrecords (in the form of notes, sketches, drawings and in any other form that may\nbe  required  by the Company) of all Proprietary Information developed by me and\nall  Inventions  made  by  me during the period of my employment at the Company,\nwhich  records shall be available to and remain the sole property of the Company\nat all times.\n\n            4. Additional  Activities. I agree further that for the period of my\nemployment  by the Company and for one (l) year after the date of termination of\nmy  employment  by  the  Company I will not induce any management or supervisory\nemployee  of  the  Company to leave the employ of the Company. 5. No Conflicting\nObligation.  I  represent that my performance of all the terms of this Agreement\nand as an Executive of the Company does not and will not breach any agreement to\nkeep in confidence information acquired by me in confidence or in trust prior to\nmy  employment  by  the Company. I have not entered into, and I agree I will not\nenter into, any agreement either written or oral in conflict herewith.\n\n            6. Return  of  Company  Documents.  When  I  leave the employ of the\nCompany,  I  will deliver to the Company any and all drawings, notes, memoranda,\nspecifications, devices,\n\n\nformulas,  and  documents,  together  with  all  copies  thereof,  and any other\nmaterial   containing   or   disclosing  any  Company  Inventions,  Third  Party\nInformation  or Proprietary Information of the Company. I further agree that any\nproperty  situated on the Company's premises and owned by the Company, including\ndisks  and  other storage media, filing cabinets or other work areas, is subject\nto  inspection by Company personnel at any time with or without notice. Prior to\nleaving,  I  will  cooperate  with  the  Company  in  completing and signing the\nCompany's termination statement.\n\n            7. Legal  and  Equitable  Remedies. Because my services are personal\nand  unique  and  because  I  may  have access to and become acquainted with the\nProprietary  Information  of  the  Company,  the Company shall have the right to\nenforce  this  Agreement  and  any  of  its  provisions  by injunction, specific\nperformance or other equitable relief, without bond and without prejudice to any\nother  rights  and  remedies  that  the  Company  may  have for a breach of this\nAgreement,  provided  that  such  enforcement  shall  be  in accordance with the\nprocedures set forth in Section 10.1 below\n\n            8. Notices.  Any  notices  required  or permitted hereunder shall be\ngiven  to  the appropriate party at the address specified below or at such other\naddress as the Party shall specify in writing. Such notice shall be deemed given\nupon  personal  delivery  to  the appropriate address or if sent by certified or\nregistered mail, three (3) days after the date of mailing.\n\n            9.   Notification  of  New Employer.  In  the event that I leave the\nemploy  of  the Company, I hereby consent to the notification of my new employer\nof my rights and obligations under this Agreement.\n\n            10.  General Provisions.\n\n                       10.1  Governing  Law;  Consent  to Personal Jurisdiction.\nThis  Agreement  will  be governed by and construed according to the laws of the\nCommonwealth  of  Virginia,  as such laws are applied to agreements entered into\nand to be performed entirely within Virginia between Virginia residents. I here-\nby  expressly  consent  to  the  personal  jurisdiction of the state and federal\ncourts  located  in Alexandria or Fairfax County, Virginia for any lawsuit filed\nthere against me by Company arising from or related to this Agreement.\n\n                       10.2  Severability.  In  case  any  one  or  more  of the\nprovisions  contained  in  this  Agreement  shall, for any reason, be held to be\ninvalid, illegal or unenforceable in any respect, such invalidity, illegality or\nunenforceability  shall  not  affect the other provisions of this Agreement, and\nthis  Agreement  shall be construed as if such invalid, illegal or unenforceable\nprovision  had  never been contained herein. If moreover, any one or more of the\nprovisions  contained  in  this  Agreement  shall  for  any reason be held to be\nexcessively  broad  as  to duration, geographical scope, activity or subject, it\nshall  be  construed by limiting and reducing it, so as to be enforceable to the\nextent compatible with the applicable law as it shall then appear.\n\n                       10.3  Successors  and  Assigns.  This  Agreement  will be\nbinding  upon  my  heirs  or legal representative, executors, administrators and\nother  legal  representatives  and  will  be for the benefit of the Company, its\nsuccessors, and its assigns.\n\n\n                       10.4  Survival.  The  provisions  of this Agreement shall\nsurvive the termination of my employment and the assignment of this Agreement by\n3the Company to any successor in interest or other assignee.\n\n                       10.5  Waiver.  No  waiver by the Company of any breach of\nthis  Agreement  shall  be  a  waiver  of any preceding or succeeding breach. No\nwaiver  by the Company of any right under this Agreement shall be construed as a\nwaiver  of  any other right. The Company shall not be required to give notice to\nenforce strict adherence to all terms of this Agreement.\n\n                       10.6   Entire  Agreement.  The  obligations  pursuant  to\nSections  1  and  2 of this Agreement shall apply to any time during which I was\npreviously  employed,  or  am  in  the  future  employed,  by  the  Company as a\nconsultant  if  no  other  agreement   governs  nondisclosure  and assignment of\ninventions  during  such  period.  This  Agreement  is  the  final, complete and\nexclusive agreement of the Parties with respect to the subject matter hereof and\nsupersedes  and  merges  all  prior  discussions between us and is the governing\ndocument to the extent this Agreement conflicts with the Employment Agreement to\nwhich  it  is  attached  as  Exhibit  C. No modification of or amendment to this\nAgreement,  nor any waiver of any rights under this Agreement, will be effective\nunless  in  writing and signed by the Party to be charged. Any subsequent change\nor  changes in my duties, salary or compensation will not affect the validity or\nscope of this Agreement.\n\n            This Agreement shall be effective as of November 1, 2001.\n\n            I  have  read  this  Agreement carefully and understand its terms. I\nhave nothing to disclose on Exhibit C-1 to this Agreement.\n\n\nBy: __\/S\/ David L. Reichardt_____\n      David L. Reichardt\n\n\n\nAccepted and Agreed To:\n\nDynCorp\n\nBy: __\/S\/ Paul V. Lombardi_______\n      Paul V. Lombardi\n   President and Chief Executive Officer\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7380],"corporate_contracts_industries":[],"corporate_contracts_types":[9539,9544],"class_list":["post-39078","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-dyncorp","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/39078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=39078"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=39078"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=39078"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=39078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}