October 23, 1997 Mr. Michael W. Johnson 987 Lost Angel Road Boulder, Colorado 80302 Re: Incentive Compensation Dear Michael: This letter (the "Agreement") sets forth the terms pursuant to which InfoNow Corporation (the "Company") agrees to compensate...Incentive Compensation Agreement • March 31st, 1998 • Infonow Corp /De • Wholesale-computers & peripheral equipment & software
This letter (the "Agreement") sets forth the terms pursuant to which InfoNow Corporation (the "Company") agrees to compensate you ("Johnson"), in connection with the sale of all or substantially all the assets, business or equity securities of the Company (the "Transaction"). The term of this Agreement shall commence as of the date hereof and shall expire upon the later of (i) 18 months from the date hereof or (ii) the date on which Johnson is no longer President or CEO of the Company. This Agreement and the compensation specified herein is in addition to and supplements any and all other compensation to be paid to Johnson in connection with his employment by the Company.
January 1, 1998 Mr. Michael W. Johnson 987 Lost Angel Road Boulder, CO 80302 Dear Michael: The Board of Directors of InfoNow Corporation (hereafter referred to as "the Company") is pleased to offer you the opportunity to continue in the position of...Employment Agreement • March 31st, 1998 • Infonow Corp /De • Wholesale-computers & peripheral equipment & software
