0001005477-01-003164 Sample Contracts

GSV, INC. 116 Newark Avenue Jersey City, New Jersey 07302
GSV Inc • May 11th, 2001 • Services-computer processing & data preparation • New York

On behalf of GSV, Inc. (the "Company"), I am pleased to offer you the position of President and CEO. This letter confirms certain terms and conditions of our offer to you. You will become an employee of the Company effective May 4, 2001 (the "Start Date"). You will be an at-will employee, which means that both you and the Company will have the right to terminate your employment at any time, for any reason, with or without cause. You will report directly to me (or to such other person as I will direct) and you will perform such duties and exercise such powers and I (or such other person) will direct, consistent with your position.

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