Standard Contracts
EMPLOYMENT AGREEMENTEmployment Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec • New York
This Employment Agreement (“Agreement”), effective October 7, 2011, is entered into by and between Augme Technologies, Inc. (“the Company”), a Delaware corporation, the ‘Employer” or the “Company”), and Thomas Virgin (the “Employee”).
AMENDMENT TO IVAN BRAIKER’S MEMBERSHIP TO THE BOARD OF DIRECTORS OF AUGME TECHNOLOGIES, INC.Membership Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec
· you will receive one-percent (1%) Transaction Fee for your participation in the realization of the monetization of the Company’s intellectual property either through: a) a settlement agreement; b) license agreement (except for licenses entered into in the ordinary course of the Company’s business); or c) asset sale during the period of directorship and extending six months thereafter.
SECOND AMENDMENT TO DONALD E. STOUT’S MEMBERSHIP TO THE BOARD OF DIRECTORS OF AUGME TECHNOLOGIES, INC.Membership Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec
· you will receive one-percent (1%) Transaction Fee for your participation in the realization of the monetization of the Company’s intellectual property either through: a) a settlement agreement; b) license agreement (except for licenses entered into in the ordinary course of the Company’s business); or c) asset sale during the period of directorship and extending six months thereafter.
AMENDMENT TO OFFER LETTER AGREEMENTOffer Letter Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec
The OFFER LETTER AGREEMENT, (the “Agreement”) dated August 12, 2010, by and between Augme Technologies, Inc., a Delaware corporation, with its principal office at 43 W. 24th Street, 11th Floor, New York, NY 10010, (the “Company”) and Phillip Rapp, Jr., (“Employee”) is hereby amended as follows with the remaining provisions of the Agreement remaining in full force and effect.
AMENDMENT TO DAVID REESE’S MEMBERSHIP TO THE BOARD OF DIRECTORS OF AUGME TECHNOLOGIES, INC.Membership Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec
You will receive a stock option grant of 300,000 unregistered options of common stock of the Company at an exercise price of $2.85 (which exercise price is not less than the closing price for the Company stock on the date of the Board approval of your appointment to the Board (January 4, 2010)), which options will vest 1/36 per month with a term of a five (5) years, per the terms and conditions of the Company’s standard stock option agreement (which agreement includes accelerated (100%) vesting upon a Change in Control of the Company). In addition, you will receive a quarterly stock option grant, commencing with the Company’s fiscal fourth quarter ending February 28, 2011, equal to six-thousand (6,000) options per quarter in which you are a member of the Board on the last day of the quarter, which options (a) shall have an exercise price equal to the 20-day trailing average closing price of the stock (from the last day of the quarter) with respect to the quarter of which the grant rela
AMENDMENT TO DONALD E. STOUT’S MEMBERSHIP TO THE BOARD OF DIRECTORS OF AUGME TECHNOLOGIES, INC.Membership Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec
You will receive a stock option grant of 300,000 unregistered options of common stock of the Company at an exercise price of $2.85 (which exercise price is not less than the closing price for the Company stock on the date of the Board approval of your appointment to the Board (January 4, 2010)), which options will vest 1/36 per month with a term of a five (5) years, per the terms and conditions of the Company’s standard stock option agreement (which agreement includes accelerated (100%) vesting upon a Change in Control of the Company). In addition, you will receive a quarterly stock option grant, commencing with the Company’s fiscal fourth quarter ending February 28, 2011, equal to six-thousand (6,000) options per quarter in which you are a member of the Board on the last day of the quarter, which options (a) shall have an exercise price equal to the 20-day trailing average closing price of the stock (from the last day of the quarter) with respect to the quarter of which the grant rela
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • May 8th, 2012 • Augme Technologies, Inc. • Communications equipment, nec • New York
This Separation and Release Agreement (this “Agreement”) is made and entered into as of October 7, 2011, by and between Edward Jordan (“Employee” or “You”) and Augme Technologies, Inc., a Delaware corporation (the “Company” or “Employer”), regarding the termination of Employee’s employment with the Company as of October 7, 2011 (the “Separation Date”). Employee and the Company are sometimes each referred to herein as a “Party” and, collectively, as the “Parties”. Capitalized terms used herein but not defined herein shall have the meanings ascribed to them in the Employment Agreement, effective July 22, 2011, between the Company and the Employee (the “Employment Agreement”).
