EMPLOYMENT AGREEMENTEmployment Agreement • June 3rd, 2005 • Iac/Interactivecorp • Transportation services • California
THIS EMPLOYMENT AGREEMENT ("Agreement") is entered into by and between Steve Berkowitz ("Executive") and AJI Acquisition Corp., a Delaware corporation (the "Company") and, solely for purposes of Sections 1A and 3A(c), IAC/InterActive Corp., a Delaware corporation ("Parent"), dated as of March 20, 2005 and is effective as of the Effective Date (as defined below). In the event that the Merger Agreement (as defined below) is terminated, this Agreement shall be void ab initio and of no further force and effect. All capitalized terms used but not defined herein shall have the meaning set forth in the Merger Agreement.
