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EXHIBIT 10.13
TRANSITION AGREEMENT
Technology Solutions Company, a
Delaware corporation, (“TSC”), and Timothy P. Dimond
(“Employee”) enter into this Transition Agreement (the
“Agreement”) effective as of September 30,
2004.
Reference is hereby made to that
certain Employment Agreement, dated as of January 21, 2002, by
and between Employee and TSC (the “Employment
Agreement”).
In consideration of the
agreements and covenants contained in this Agreement, TSC and
Employee agree as follows:
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1.
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Termination of CFO Role
: Effective
September 30, 2004, Employee will no longer serve in the role
of TSC Senior Vice President and Chief Financial
Officer.
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2.
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Notice of Termination of Employment
Agreement: Employee’s Employment
Agreement and Employee’s employment with TSC shall terminate
on March 31, 2005 “Termination Date.” The period
of employment between the effective date of this Agreement and the
Termination Date shall be the “Transition
Period.”
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3.
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Duties: During the Transition Period,
Employee will be available, as and when mutually convenient, to
provide transitional assistance to TSC, on an as requested basis,
for up to approximately 24 to 32 hours per month.
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4.
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Exclusivity: During the Transition Period,
Employee will be free to provide services for compensation to, or
to otherwise accept employment with, any other entity and in any
capacity.
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5.
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Compensation:
During the Transition
Period, TSC will continue
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