0001047469-99-014873 Sample Contracts

AutoNDA by SimpleDocs
WITNESSETH:
Agreement of Sublease • April 14th, 1999 • Network 1 Security Solutions Inc • Services-prepackaged software
EXHIBIT 10.26 January 13, 1999 Mr. Robert M. Russo 33-20 28th Street Long Island City, NY 11106 Dear Bob: This letter agreement shall confirm our understanding regarding the payment of $71,617 of deferred salary owed to you ("the "Deferred Salary")....
Network 1 Security Solutions Inc • April 14th, 1999 • Services-prepackaged software

This letter agreement shall confirm our understanding regarding the payment of $71,617 of deferred salary owed to you ("the "Deferred Salary"). We agree that the Deferred Salary shall be payable as follows: (i) $40,000 in cash on or before January 31, 1999 and (ii) 5,855 shares of Network-1 common stock at a value of $5.40 per share. If this letter confirms our agreement, please execute at the appropriate space provided below.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!