EX-10.15
from 10-K
19 pages
Whereas, the Company Considers the Establishment and Maintenance of a Sound and Vital Management to Be Essential to Protecting and Enhancing the Best Interests of the Company and Its Stockholders; Whereas, the Executive Is a Senior Executive of the Company and Has Made and Is Expected to Make Major Contributions to the Profitability, Growth and Financial Strength of the Company; Whereas, the Company Desires to Assure Itself of Both Present and Future Continuity of Management and Desires to Establish Certain Minimum Severance Benefits for Certain of Its Senior Executives, Including the Executive; Whereas, the Company Recognizes That, as Is the Case With Many Companies, the Possibility of a Change in Control (As Hereinafter Defined) Exists; Whereas, the Company Desires to Provide Inducement for the Executive to Remain in the Ongoing Employ of the Company, Including in the Event of a Threat or the Occurrence of a Change in Control of the Company; Whereas, the Board (As Hereinafter Defined) Has Determined That It Is in the Best Interests of the Company and Its Stockholders to Secure Executive’s Continued Services and to Ensure Executive’s Continued Dedication to the Executive’s Duties; and Whereas, the Board of Directors of the Company Has Authorized the Company to Enter Into This Agreement. Now, Therefore, the Company and the Executive Agree as Follows: Section 1. Certain Defined Terms: In Addition to Terms Defined Elsewhere Herein, the Following Terms Shall Have the Respective Meaning Specified Below Unless the Context Clearly Indicates the Contrary: (A) “Aaa” Has the Meaning Assigned to Such Term in Section 15. (B) “Accounting Firm” Has the Meaning Assigned to Such Term in Section 3. (C) “Accrued Obligations” Has the Meaning Assigned to Such Term in Section 2
12/34/56
EX-10
from 10-Q
~5
pages
June 3, 2005 All of US Are Looking Forward to Your Joining Cnet Networks, Inc. (“Cnet”). I Am Confident We Will Have Much Success Together. Here Are the Details of Your Offer: Position: Chief Financial Officer, Cnet Networks, Inc., Reporting Directly to the Chief Executive Officer. Salary: $13,461.54 Biweekly Start Date: Tbd
12/34/56