EX-10.4
from 10-Q
1 page
Dear Larry: This Letter Will Amend the Terms of Your Current Offer Letter, Dated as of December 12, 2017 (Your “Offer Letter”). Except as Otherwise Set Forth in This Letter, the Terms and Conditions of Your Offer Letter Remain in Full Force and Effect. Commencing as of the Date of This Letter, Your Title Will Be Chief Accounting Officer and Treasurer, Reporting to the Company’s Chief Financial Officer
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EX-10.7
from 10-K
9 pages
November 7, 2018 Start Date: November 12, 2018 (The “Start Date”). in Order for Your Employment With the Company to Commence, You Must Be Approved by the Board of Directors of the Company and Pass the Company’s Background Check. Work Location: Your Principal Work Location Will Be New York, Ny or Such Other Place as Agreed Between You and the Company, in Addition to Travel as Required in Connection With the Performance of Your Duties. Duties And
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EX-10.6
from 10-K
11 pages
November 7, 2018 Start Date: November 12, 2018 (The “Start Date”). in Order for Your Employment With the Company to Commence, You Must Be Approved by the Board and Pass the Company’s Background Check. Work Location: Your Principal Work Location Will Be New York, Ny or Such Other Place as Agreed Between You and the Company, in Addition to Travel as Required in Connection With the Performance of Your Duties. Duties And
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EX-10.5
from 8-K
7 pages
Title and Start Date: You and the Company Acknowledge and Agree That This Letter Agreement and Your Transfer to Drive Shack Are Subject to the Approval of Softbank Group Corp. (“Softbank”). Subject to This Softbank Approval, Beginning on January 1, 2018 (The “Start Date”), You Will Devote Your Full Working Time to the Company as Chief Operating Officer, Reporting to the Chief Executive Officer & President, Except That You May Take on Other Work That Has Been Discussed With the Company’s Board. Work Location: Your Principal Work Location Will Be New York, Ny, in Addition to Travel as Required in Connection With the Performance of Your Duties. Compensation: Your Base Salary Will Be Paid at the Rate of $200,000 Per Annum on a Salary Basis to Compensate You for All Hours You Work, Regardless of Whether More or Less Than 40 in a Regularly Scheduled Workweek. You Are an Exempt Employee. as Defined by Federal and State Regulations, an Exempt Employee Is Not Eligible for Overtime Compensation. You Will Be Paid Twice a Month With a Pay Date of the 15th and Last Day of Each Month. on Each Pay Date, You Will Be Paid for the Hours You Worked During the Prior Pay Period. Based on Your Anticipated Start Date, You Will Receive Your First Pay on January 15, 2018. the Company Reserves the Right to Modify Its Payroll Practices and Payroll Schedule at Its Sole Discretion, Consistent With Applicable Law
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EX-10.4
from 8-K
7 pages
Title and Start Date: You and the Company Acknowledge and Agree That This Letter Agreement and Your Transfer to Drive Shack Are Subject to the Approval of Softbank Group Corp. (“Softbank”). Subject to This Softbank Approval, Beginning on January 1, 2018 (The “Start Date”), You Will Devote Your Full Working Time to the Company as Chief Financial Officer, Chief Accounting Officer & Treasurer, Reporting to the Chief Executive Officer & President, Except That You May Take on Other Work That Has Been Discussed With the Company’s Board. Work Location: Your Principal Work Location Will Be New York, Ny, in Addition to Travel as Required in Connection With the Performance of Your Duties. Compensation: Your Base Salary Will Be Paid at the Rate of $200,000 Per Annum on a Salary Basis to Compensate You for All Hours You Work, Regardless of Whether More or Less Than 40 in a Regularly Scheduled Workweek. You Are an Exempt Employee. as Defined by Federal and State Regulations, an Exempt Employee Is Not Eligible for Overtime Compensation. You Will Be Paid Twice a Month With a Pay Date of the 15th and Last Day of Each Month. on Each Pay Date, You Will Be Paid for the Hours You Worked During the Prior Pay Period. Based on Your Anticipated Start Date, You Will Receive Your First Pay on January 15, 2018. the Company Reserves the Right to Modify Its Payroll Practices and Payroll Schedule at Its Sole Discretion, Consistent With Applicable Law
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EX-10.3
from 8-K
7 pages
Title and Start Date: You and the Company Acknowledge and Agree That This Letter Agreement and Your Transfer to Drive Shack Are Subject to the Approval of Softbank Group Corp. (“Softbank”). Subject to This Softbank Approval, Beginning on January 1, 2018 (The “Start Date”), You Will Devote Your Full Working Time to the Company as Chief Executive Officer & President, Reporting to the Board of Directors, Except That You May Take on Other Work That Has Been Discussed With the Company’s Board. Work Location: Your Principal Work Location Will Be New York, Ny, in Addition to Travel as Required in Connection With the Performance of Your Duties. Compensation: Your Base Salary Will Be Paid at the Rate of $200,000 Per Annum on a Salary Basis to Compensate You for All Hours You Work, Regardless of Whether More or Less Than 40 in a Regularly Scheduled Workweek. You Are an Exempt Employee. as Defined by Federal and State Regulations, an Exempt Employee Is Not Eligible for Overtime Compensation. You Will Be Paid Twice a Month With a Pay Date of the 15th and Last Day of Each Month. on Each Pay Date, You Will Be Paid for the Hours You Worked During the Prior Pay Period. Based on Your Anticipated Start Date, You Will Receive Your First Pay on January 15, 2018. the Company Reserves the Right to Modify Its Payroll Practices and Payroll Schedule at Its Sole Discretion, Consistent With Applicable Law. as Additional Compensation, You May Be Eligible to Participate in a Bonus Incentive Plan. in Order to Be Eligible for Any Bonus While Employed at the Company, You Must Be an Active Employee At, and Not Have Given or Received Notice of Termination Prior To, the Time of the Bonus Payment. the Company Reserves the Right, at Its Sole Discretion, to Change, Rescind, Amend, Suspend, Discontinue, and/or Otherwise Modify Any Section Of, or the Entire Plan at Any Time Without Advance Notification
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