EXHIBIT 10.1 EMPLOYMENT AGREEMENT AGREEMENT, dated as of April 11, 2005, between GENERAL PHYSICS CORPORATION, a Delaware corporation with principal executive offices at 6095 Marshalee Drive, Suite 300, Elkridge, Maryland 21075 (the "Company"), and...Employment Agreement • August 9th, 2005 • Gp Strategies Corp • Services-educational services • Maryland
EXHIBIT 10.5 STOCK UNIT AGREEMENT THIS STOCK UNIT AGREEMENT (this "Agreement") is made as of April 11, 2005, by and between GP STRATEGIES CORPORATION, a Delaware corporation ("GPS"), and Andrea D. Kantor ("Recipient"). A. Recipient is an officer of...Stock Unit Agreement • August 9th, 2005 • Gp Strategies Corp • Services-educational services
EXHIBIT 10.4 LOCK-UP AGREEMENT LOCK-UP AGREEMENT, dated as of July 27, 2005 (the "Agreement"), between GP Strategies Corporation, a Delaware corporation (the "Company"), and Doug Sharp (the "Employee"). WHEREAS, as a condition to the Company's...Lock-Up Agreement • August 9th, 2005 • Gp Strategies Corp • Services-educational services • Delaware
Exhibit A-1Gp Strategies Corp • August 9th, 2005 • Services-educational services
EXHIBIT 10.6 [WACHOVIA LOGO] August 4, 2005 General Physics Corporation 6095 Marshalee Drive Suite 300 Elkridge, Maryland 21075 Attention: Sharon Esposito- Mayer Re: Financing and Security Agreement dated as of August 13, 2003 (as amended, modified,...Gp Strategies Corp • August 9th, 2005 • Services-educational services • Maryland
Re: Financing and Security Agreement dated as of August 13, 2003 (as amended, modified, substituted, extended, and renewed from time to time, collectively, the "Financing Agreement") by and between General Physics Corporation, Skillright, Inc., GSE Systems, Inc., GSE Power Systems, Inc., and MSHI, Inc. (the "Borrowers"), jointly and severally, and Wachovia Bank, National Association (the "Lender")
EXHIBIT 10.8 TERMINATION AGREEMENT The undersigned agree that the Management Agreement dated July 30, 2004, between National Patent Development Corporation ("NPDC") and GP Strategies Corporation ("GP"), pursuant to which it was contemplated NPDC would...Termination Agreement • August 9th, 2005 • Gp Strategies Corp • Services-educational services
The undersigned agree that the Management Agreement dated July 30, 2004, between National Patent Development Corporation ("NPDC") and GP Strategies Corporation ("GP"), pursuant to which it was contemplated NPDC would provide certain services to GP, is hereby terminated effective June 30, 2005.
