Amendment to Interim Co-CEO Stock Option Agreement between PVI and Roberto Sonabend

Summary

This agreement amends the terms of Roberto Sonabend's service as interim co-Chief Executive Officer of PVI. It specifies that Mr. Sonabend was granted options to purchase PVI common stock as of October 30, 2002. The options vest at a rate of 10,000 shares for each full calendar month he serves in this role through May 8, 2003, with adjustments if he serves for a shorter period. The agreement clarifies the timing and vesting of these stock options.

EX-10.2 4 w65706exv10w2.txt AGREEMENT BETWEEN PVI AND ROBERTO SONABEND EXHIBIT 10.2 Effective October 30,2002, the agreement between PVI and Roberto Sonabend regarding Mr. Sonabend's service as interim co-Chief Executive Officer of PVI was amended to provide that the options to purchase shares of PVI common stock which were to be granted at the rate of 10,000 shares for each calendar month in which he serves as interim co-Chief Executive Officer through May 8, 2003, (subject to pro-ration for any shorter period) were granted as of October 30, 2002, subject to vesting at the rate of 10,000 shares for each calendar month (subject to pro-ration for any shorter period) in which he serves as interim co-Chief Executive Officer through May 8, 2003.