EX-10.3
from 10-Q
1 page
<page> [Number 9 Visual Technology Logo Appears Here] August 25, 1998 Mr. Michael Romanies Dear Michael; Pursuant to Your Intended Departure From Number Nine and Subsequent Agreement to Be Retained by Number Nine in an On-Call Consulting Capacity Through October 23, 1998, the Following Will Constitute the Terms of Separation and Retention as a Consultant to the Company. It Is Agreed That: 1. When Engaged as a Consultant, You Will Be Paid at Your Current Rate of Compensation Plus All Reasonable Expenses. 2. All of the Company Paid Insurance Will Remain in Effect Through October 23, 1998 Including Those Benefits Extended to You as an Officer of the Company. as of October 23, 1998 You Will Be Eligible for Cobra Coverage and Need to Notify Number Nine of Your Intent to Take/Not Take Advantage of This Benefit Continuation, as It Is Made Available to You Under Federal Law. 3. the Stock Option Grant of June, 1998 Will Continue to Vest Under the Terms of the Grant Through the Period of This Consultant Agreement. 4. the Stock Option Grant of August, 1997 Will Continue to Vest Under the Terms of the Grant Through the Period of This Consultant Agreement. by Affixing Signatures Below, Both Parties Understand the Terms and Conditions of This Agreement. /S/ William Ralph /S/ Michael Romanies - - Number Nine Visual Technology Michael Romanies
12/34/56
EX-10.2
from 10-Q
1 page
<page> [Number 9 Visual Technology Logo Appears Here] M E M O R a N D U M To: William Ralph CC: From: Michael Romanies Date: 08/19/98 Re: Resignation - - Pursuant With Our Discussions Yesterday, Please Accept This Memorandum as Official Notice of My Resignation as Vice President, Marketing at Number Nine Visual Technology, Corporation. the Dedicated Efforts of My Staff and the Other Groups Within the Organization Have Made Significant Impact on the Position and Stature of the Company and Its Products Within the Industry. the Recent Announcements and Pending Shipments of the Revolution(r) IV and Ticket Ride(tm) Products Are Positioned to Follow the Lead of the Award Winning Revolution 3d Products. the Company Is Now Poised for the Next Phase of Its Growth. the Recent Partnership and Equity Interest of Silicon Graphics Marks the Culmination of the Efforts by the Executive Team and Employees of Number Nine Achieving Another Significant Milestone for the Company. in Recognition of the Personal Goals and Objectives That My Team and I Have Achieved Over the Past Two Years, I Am Now Ready to Pursue Other Personal and Professional Challenges. I Appreciate the Opportunity to Work With the "Niners" and Look Forward to Maintaining the Relationships I Have Made. Thank You,
12/34/56