EXHIBIT 10.16 February 29, 2000 Mr. Frank A. Newman 820 South Bayside Drive Tampa, FL 33609 Re: Employment Agreement Dear Frank: On behalf of more.com, I am pleased and delighted to confirm the terms of our agreement for you to become the President...Employment Agreement • March 13th, 2000 • More Com Inc • Retail-drug stores and proprietary stores • California
Contract Type FiledMarch 13th, 2000 Company Industry JurisdictionOn behalf of more.com, I am pleased and delighted to confirm the terms of our agreement for you to become the President and Chief Executive Officer of more.com. This offer is conditional upon your acceptance of the terms and conditions of this offer of employment and your execution a mutually agreeable Employee Confidential Information and Inventions Agreement.