Exhibit 10(x)Employment Agreement • February 14th, 1997 • Interleaf Inc /Ma/ • Services-prepackaged software • Massachusetts
Exhibit 10(s) November 15, 1996 Mr. Rory Cowan 281 Fairhaven Road Concord, MA 01742 Dear Rory: This letter will confirm your employment agreement with Interleaf, Inc. ("Company"). You have been elected and appointed the Company's President and Chief...Interleaf Inc /Ma/ • February 14th, 1997 • Services-prepackaged software
This letter will confirm your employment agreement with Interleaf, Inc. ("Company"). You have been elected and appointed the Company's President and Chief Executive Officer on an interim basis. From the date your appointment commences, November 15, 1996, you will receive bi-weekly compensation of $4,615.00 per period. It is agreed that you will work at least 2 days a week for the Company, and that it is our current mutual intent that your appointment continue for a period of at least two months. Should greater time and effort be required of you, your compensation will be adjusted on a pro-rata basis. You are also awarded an option to purchase 50,000 shares at an exercise price of $2.05 per share, with a vesting period of two months, all granted under the Company's 1993 Stock Option Plan. Once your option has vested, you shall have eighteen (18) months to exercise it from the date you terminate your employment with the Company. You also agree that you will not be covered by the Company'
Cash Compensation: Base: $4,000 per week Bonus: Pro-rated participation in the Office of the President Pool Options: 50,000 - Option to purchase common shares at price on date this agreement is approved by the Board in accordance with Interleaf's...Interleaf Inc /Ma/ • February 14th, 1997 • Services-prepackaged software
Options: 50,000 - Option to purchase common shares at price on date this agreement is approved by the Board in accordance with Interleaf's option plans. Vesting 25,000, share options to vest 90 days after commencement of employment with remaining 25,000 share options to vest upon termination or six months, whichever is sooner.
Exhibit 10(r) November 11, 1996 Mr. Robert M. Stoddard 18 Lanark Road Wellesley, MA 02181 Dear Bob: This letter will confirm your employment agreement with Interleaf, Inc. ("Company"). You will commence employment with the Company effective November...Interleaf Inc /Ma/ • February 14th, 1997 • Services-prepackaged software
This letter will confirm your employment agreement with Interleaf, Inc. ("Company"). You will commence employment with the Company effective November 11, 1996. Upon the resignation of the Company's current Chief Financial Officer, you are elected and appointed the Company's Vice President of Finance and Administration, and Chief Financial Officer on an interim basis. From the date your employment commences, you will receive bi-weekly compensation of $12,000 per period. In addition, you will participate at 40% in the Officer Retention Bonus Plan ("ORBP") except that the portion of the ORBP pertaining to achieving revenue will not apply to you. If the ORBP is in any way materially changed or modified to your detriment, we will, in good faith, negotiate an alternative compensation opportunity.
