EXHIBIT 10.3Employment Agreement • May 15th, 2002 • Princeton Video Image Inc • Services-advertising • New Jersey
EXHIBIT 10.2 Effective November 2001, Roberto. Sonabend was hired to serve as Corporate Vice President of Publicidad Vitual S.A. de. C.V. ("Publicidad"). Pursuant to an agreement among Publicidad, Princeton Video Image, Inc. ("PVI") and Mr. Sonabend,...Employment Agreement • May 15th, 2002 • Princeton Video Image Inc • Services-advertising
Effective November 2001, Roberto. Sonabend was hired to serve as Corporate Vice President of Publicidad Vitual S.A. de. C.V. ("Publicidad"). Pursuant to an agreement among Publicidad, Princeton Video Image, Inc. ("PVI") and Mr. Sonabend, during the term of his employment, he will receive an initial base salary of $175,000, subject to guaranteed increases of $25,000 on each of the first three anniversaries of his date of employment. In the event that his term of employment is extended beyond four years, a new base salary will be negotiated. In addition, Mr. Sonabend is entitled to receive an option to purchase 50,000 shares of PVI common stock, and shall be entitled to receive (subject to continued employment) an option to purchase 75,000 shares of PVI common stock on each of the first three anniversaries of his date of employment. In the event Mr. Sonabend's employment is terminated without cause, or Mr. Sonabend terminates his employment for a good reason (e.g., detrimental change in
EXHIBIT 10.1 Effective November 2001, David. Sitt was hired to serve as Corporate Vice President of Publicidad Vitual S.A. de. C.V. ("Publicidad"). Pursuant to an agreement among Publicidad, Princeton Video Image, Inc. ("PVI") and Mr. Sitt, during the...Employment Agreement • May 15th, 2002 • Princeton Video Image Inc • Services-advertising
Effective November 2001, David. Sitt was hired to serve as Corporate Vice President of Publicidad Vitual S.A. de. C.V. ("Publicidad"). Pursuant to an agreement among Publicidad, Princeton Video Image, Inc. ("PVI") and Mr. Sitt, during the term of his employment, he will receive an initial base salary of $175,000, subject to guaranteed increases of $25,000 on each of the first three anniversaries of his date of employment. In the event that his term of employment is extended beyond four years, a new base salary will be negotiated. In addition, Mr. Sitt is entitled to receive an option to purchase 50,000 shares of PVI common stock, and shall be entitled to receive (subject to continued employment) an option to purchase 75,000 shares of PVI common stock on each of the first three anniversaries of his date of employment. In the event Mr. Sitt's employment is terminated without cause, or Mr. Sitt terminates his employment for a good reason (e.g., detrimental change in the nature or scope of
