Amended Employment Offer Letter between Art Technology Group Inc. and John Dragoon

Summary

This letter is an addendum to John Dragoon's original employment offer from Art Technology Group Inc. It outlines that 50% of his compensation is variable and subject to a bonus plan, which is pro-rated based on his start date. If there is a change of control involving more than 50% of the company's shares, half of his unvested stock options will vest, and if his position is eliminated within a year of such a change, he will receive six months of severance. He is also entitled to four weeks of vacation per year, accrued monthly.

EX-10.15 8 b45865atexv10w15.txt EX-10.15 AMENDED OFFER LETTER EXHIBIT 10.15 July 16, 2002 Mr. John Dragoon 9 Gable Ridge Road Westborough, MA 01581 Dear John: Below is an addendum to your original ATG employment offer. Please review and let me know if you have any questions. - The variable portion of your total compensation package is set at 50% of your base pay at your time of hire. Your bonus plan is pro-rated according to your start date. - In the event of a Change of Control of more than 50% of ATG's outstanding common shares, 50% of your unvested option holdings at that time will be vested. In the event of your position being eliminated within one year of the change of control, you would be granted a 6-month severance benefit. - You will have 4 weeks of vacation to be accrued on a monthly basis after your start date. Please work out the details of the 4th week with your manager. As acceptance of this offer, please sign and fax back both the original offer and this addendum letter to ###-###-####. Sincerely, Agreed and Accepted: ---------------------------- Laura Prendergast John Dragoon Date Director, Human Resources Art Technology Group Inc. Start Date: -----------------