FOTV MEDIA NETWORKS INC. 338 N. Canon Drive, 3rd Floor Beverly Hills, California 90210
EXHIBIT 10.11
FOTV MEDIA NETWORKS INC.
338 N. Canon Drive, 3rd Floor
Beverly Hills, California 90210
April 28, 2016
Mr. Alkiviades (Alki) David
1141 Summit Drive
Beverly Hills, CA 90210
Dear Alki:
This letter will confirm the terms of your employment by FOTV Media Networks Inc., a Delaware corporation (the “Company”).
| 1. | TITLE |
You shall be employed by the Company as its President and Chief Executive Officer.
| 2. | SALARY |
Your salary shall be $550,000 per year, payable in bi-weekly installments.
| 3. | RESPONSIBILITIES |
Your responsibilities and duties shall be those ordinarily possessed by the President and Chief Executive Officer of a publicly-traded company.
| 4. | CONFIDENTIALITY AND NON-COMPETITION AGREEMENT |
You will be required to execute the Company’s standard form of Confidentiality and Non-Competition Agreement, a copy of which is included with this letter.
| Very truly yours, | ||||
| FOTV MEDIA NETWORKS INC. | ||||
| By: | /s/ Peter van Pruissen | |||
| Name: | Peter van Pruissen | |||
| Title: | Chief Financial Officer | |||
ACCEPTED AND AGREED:
| /s/ Alkiviades David |
| Alkiviades (Alki) David |
