EMPLOYMENT AGREEMENT

Exhibit 10.1

EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (the Agreement) is entered into this 10 ^th day of June, 2005, between FACTS Management Co., a Nebraska Corporation ( “FACTS” ), and Timothy A. Tewes ( “EXECUTIVE” ).

WHEREAS, the parties desire to enter into this Agreement in order to assure FACTS of the services of the Executive and to set forth the duties and compensation of the Executive on the terms and conditions set forth.

NOW, THEREFORE, in consideration of the mutual promises and covenants herein, the parties agree as follows:

1.   Employment . FACTS agrees to employ Executive and Executive accepts such employment upon the terms set forth in this Agreement.

2.   Term . The term of this Agreement shall be for a period of five (5) years, commencing upon the date of the execution of this Agreement. Upon the expiration of the initial five-year term, this Agreement shall be automatically renewed for successive one-year periods unless either party provides written notice to the other at least 30 days prior to the expiration of the current term of its/his intention not to renew, or unless terminated as provided herein.

3.   Duties . Executive agrees to perform the duties of the position or office which the President/CEO or the Board of Directors of FACTS shall designate from time to time consistent with his position. Executive shall devote his full business time, attention, ability and energy to the business of FACTS; provided, however, that he may engage in activities which are incident to his personal investments which do not materially affect his ability to perform his duties hereunder.

4. Compensation .

	a.		Base Salary . For the first year of this Agreement, the Executive shall receive an annual base salary of $250,000 per year, payable monthly, less applicable withholdings and other deductions as may be provided herein.
	b.		Change of Base Salary . Any increases in Executive’s base salary shall be in the sole and absolute discretion of the President and CEO of FACTS; however, the compensation shall not be decreased during the term hereof.
	c.		Discretionary Bonus . In addition, Executive may receive a performance bonus annually at the sole discretion of the President/CEO of FACTS.

5.   Benefits . In addition to the base compensation, FACTS shall provide the following benefits to Executive:

	a.		Health Insurance . Coverage under a group medical care plan and life and dental insurance benefits.
	b.		Vacation . Executive will be entitled to paid vacation in accordance with the vacation policies of FACTS in effect for its officers from time to time. Vacation may be taken at such times reasonably acceptable to FACTS. In addition, Executive will be entitled to the paid holidays, sick leave and other paid leave set forth in the employer’s written policies.
	c.		Benefit Plans . Executive shall be entitled to participate in FACTS’ 401 (k) Plan, if any, and other employee benefit plans in effect from time to time for its executives and employees.
	d.		Car Allowance/Miscellaneous . Executive shall receive $1,000.00 per month during the term hereof to be used as a car allowance, country club dues and related expenses.
	e.		Expenses . Executive will also receive reimbursement for other reasonable business expenses incurred in connection with performing his duties under this Agreement.

6.   Termination . The employment of Executive may be terminated as follows:

a.

Death of Executive . The Executive’s employment shall automatically terminate upon his death. Upon such termination, the Executive’s estate shall receive an amount equal to his then-current base salary, payable through his date of death on